1y 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.
1y 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.
1y 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.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The government’s measures and incentives under Budget 2025 prioritise the nation’s competitiveness, especially in positioning Malaysia as an investment and business destination and a strong trading partner, said CGS Malaysia.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 18 (Bernama) -- Financial institutions viewed Budget 2025 as a positive step towards achieving a sustainable, inclusive economy while maintaining fiscal responsibility and social justice.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Veea has partnered with Inti Cakrawala Teknologi (ICT), a next-gen digital connectivity solutions provider, to bring advanced connectivity solutions and asset tracking for ICT’s mining and energy clients in Indonesia and throughout Southeast Asia.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- H2O.ai, the leader in open-source generative artificial intelligence (GenAI), announced H2OVL Mississippi 2B and 0.8B, two powerful new multimodal foundation models designed specifically for optical character recognition (OCR) and Document AI use cases.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 will lay the foundation for a digital and innovation-driven economy, positioning the country towards becoming a high-income nation, according to the Economic Outlook 2025 report released by the Finance Ministry today.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia is well positioned to advance ASEAN's economic prosperity and regional integration by leveraging its resources and digital infrastructure, bolstered by a stable government and effective policies, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is committed to implementing the Global Minimum Tax (GMT) in 2025, according to the Ministry of Finance (MOF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.