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Budget 2025: RM2.184 Bln Allocation For MITI Recognition Of NIMP 2030 Effectiveness

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.

Budget 2025: LTAT To Leverage GEAR-uP Initiative For RM120 Billion Domestic Investment

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.

Budget 2025 Aligns With Global Real Estate Trends - Knight Frank

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.

PKNS Targets 6,600 Acres Of Industrial Land To Be Developed By 2030

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”. 

Budget 2025 Set To Increase Home Purchases – Juwai IQI

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.

Bursa Malaysia To Trade On Cautious Mode Next Week As Investors Digest Budget 2025

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.

SST Expansion To Offset Fall In Oil-Related Revenue, Creates Robust Tax System

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.

Budget 2025 To Facilitate More Broad-based Wealth Creation In Capital Market 

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.

Govt To Continue Promoting 5G Usage As Malaysia Prepares For ASEAN Chairmanship - Anwar

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.

Ringgit Ends Marginally Higher On Positive Sentiment Amid Budget Announcement

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.

Govt Allocates RM200 Mln To Support Strategic Investments In Budget 2025

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. 

Budget 2025 Boosts And Strengthens Malaysia's Global Standing

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.