Malaysia's Low Wages Influencing Inadequate EPF Savings -- Chairman
KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's low-wage structure is a significant factor behind the Employees Provident Fund's (EPF) inadequate savings.
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AKPK Reports 53,000 Under-30s Owe RM1.9 Bln - Amir Hamzah
KUALA LUMPUR, Oct 1 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.
George Lee Lap Wah Appointed As OCBC Bank And OCBC Al-Amin Chairman
KUALA LUMPUR, Oct 1 (Bernama) – OCBC Bank has appointed George Lee Lap Wah as the chairman of OCBC Bank (Malaysia) Bhd and OCBC Al-Amin Bank Bhd (OCBC Al-Amin) effective today.
Middle-income Tax Band Review A Welcome Move In Budget 2025 - PwC Malaysia
KUALA LUMPUR, Oct 1 (Bernama) -- With the rising cost of living a major concern for Malaysians, PwC Malaysia believes a review of personal income tax bands for the middle-income group in Budget 2025 would be a welcome move.
Budget 2025: KLSICCI Proposes Inclusive Measures For MSMEs To Lift Economic Growth
KUALA LUMPUR, Oct 1 (Bernama) – The Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) has submitted several proposals to the Finance Ministry for Budget 2025 to lift and empower micro, small, and medium enterprises (MSMEs) while promoting inclusive economic growth in line with the MADANI Economy framework.
Govt Still Bearing Diesel Subsidy Expenses - Rafizi Ramli
KUALA LUMPUR, Sept 30 (Bernama) --The government is still bearing the cost of diesel subsidies for eligible sectors, according to Economy Minister Rafizi Ramli.
GLICs Reiterate Commitment To Support MADANI Economy Framework
JOHOR BAHRU, Sept 30 (Bernama) -- Malaysia’s government-linked investment companies (GLICs) reiterated their joint commitment to support the MADANI Economy framework through targeted capital deployment in high-growth, high-value sectors.
Govt Pledges To Elevate Governance With Digitalisation, Risk-based Auditing Initiatives -- Lim Hui Ying
KUALA LUMPUR, Sept 30 (Bernama) -- The government is committed to raising the bar for governance standards with the National Audit Department embarking on transformative projects that underscore the importance of digitalisation, risk-based auditing, and collaborative governance.
MADANI Initiatives Drive Economic Growth, Strengthen Ringgit – Amir Hamzah
LANGKAWI, Sept 28 (Bernama) -- The country's economy continues to grow steadily, supported by the strengthening of the ringgit in the foreign exchange market, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.
Digital Economy To Meet Or Exceed Projected 25.5 Pct Contribution To GDP By End-2025 - Gobind
KUALA LUMPUR, Sept 27 (Bernama) -- As Malaysia continues to attract investors, Digital Minister Gobind Singh Deo is confident that the digital economy will meet, or even exceed, the projected 25.5 per cent contribution to Malaysia’s gross domestic product (GDP) by the end of 2025.
Improve Infrastructure, Ecosystem To Reduce Port Congestion - Anwar
KLANG, Sept 27 (Bernama) – The infrastructure and ecosystem at the port need to be continuously streamlined and improved to reduce the issue of congestion at the country’s ports, said Datuk Seri Anwar Ibrahim.
Ringgit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook - BNM
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).