13d ago
KUALA LUMPUR, Oct 19 (Bernama) -- The allocation of RM2.184 billion for the Ministry of Investment, Trade and Industry (MITI) in Budget 2025 is seen as a recognition of the effectiveness of the New Industrial Master Plan (NIMP) 2030 as a driver of Malaysian industry.
13d ago
KUALA LUMPUR, Oct 19 (Bernama) -- The Armed Forces Fund Board (LTAT) is poised to seize new opportunities through the GEAR-uP initiative, which aims for government-linked investment companies (GLICs) to increase domestic direct investment to RM120 billion over the next five years, making a significant contribution to the sustainability of the nation’s economy.
13d ago
KUALA LUMPUR, Oct 19 (Bernama) -- Budget 2025 emphasised people-centric infrastructure and sustainability that aligned with global real estate trends such as green building practices and transit-oriented developments, said Knight Frank Malaysia.
13d ago
SHAH ALAM, Oct 19 (Bernama) -- The Selangor State Development Corporation (PKNS) aims to develop over 6,600 acres of industrial land by 2030, creating a “Selangor New Growth Corridor”.
13d ago
KUALA LUMPUR, Oct 19 (Bernama) -- Malaysia’s Budget 2025 focus on efficiency and investment, coupled with tax relief for first-time house buyers, is likely to increase home purchases, said the international real estate technology group, Juwai IQI.
13d ago
KUALA LUMPUR, Oct 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hold steady within a narrow band of 1,655 to 1,665 as investors digest the national Budget 2025 announcement by Prime Minister Datuk Seri Anwar Ibrahim on Friday.
13d ago
KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.
13d ago
KUALA LUMPUR, Oct 19 (Bernama) -- The measures in Budget 2025 are set to ensure that the capital market can facilitate greater and more broad-based wealth creation, said Securities Commission Malaysia.
14d ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government will continue to promote the use of 5G, especially to encourage its applications in various industries as Malaysia prepares for its ASEAN chairmanship in 2025.
14d ago
KUALA LUMPUR, Oct 18 (Bernama) -- The ringgit closed marginally higher against the US dollar today on positive market sentiment following the unveiling of the national budget, according to an analyst.
14d ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is allocating RM200 million to the Strategic Collaborative Investment Fund (CoSIF) and the NIMP Industrial Development Fund (NIDF) next year.
14d ago
PUTRAJAYA, Oct. 18 (Bernama) -- Budget 2025 will empower the Ministry of Foreign Affairs in strengthening Malaysia's interests and expanding its influence on international platforms as the ASEAN Chair in 2025.