Govt Has Room To Optimise Spending But Revenue Needs To Be Increased -- Rafizi

KUALA LUMPUR, Oct 14 (Bernama) -- The government still has room to optimise its spending although there is a need to increase revenue, said Economy Minister Rafizi Ramli. 

Government Channels RM5.76 Bln To 261,651 MSME Entrepreneurs - KUSKOP

KUALA LUMPUR, Oct 14 (Bernama) -- The government has channelled RM5.76 billion in financing to 261,651 micro, small, and medium enterprise (MSME) entrepreneurs from January to August this year through the Entrepreneur and Cooperatives Development Ministry (KUSKOP) and its agencies.

Budget 2025: Direct Sellers Want Govt To Tighten E-commerce Regulations

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 14 (Bernama) -- The Direct Selling Association Malaysia (DSAM) has urged the government to allocate funds to tighten regulations, increase enforcement and continuously educate ethical e-commerce practices in Budget 2025.

Audit Report: Federal Govt Channels Grants Worth RM39.74 Bln to 1MDB

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government has channelled grants amounting to RM39.74 billion to 1Malaysia Development Bhd (1MDB) from 2019 to 2023.

Federal Govt Records RM112.53 Mln Loss On Disposal Of Astronautic Shares - Audit Report

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government suffered a loss of RM112.53 million on the disposal of Astronautic Technology (M) Sdn Bhd shares, where the nominal value of shares worth RM112.58 million was sold for RM50,000.

Foreign Selling Of Malaysian Equities Eases To RM45.7 Mln Last Week

KUALA LUMPUR, Oct 14 (Bernama) -- Foreign investors continued selling domestic equities for a third consecutive week, though at a more moderate pace of RM45.7 million, according to MIDF Amanah Investment Bank Bhd (MIDF).

Audit Report: Federal Govt's Financial Performance Improves In 2023, Achieves Surplus And Decrease In Deficit

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government recorded better financial performance in 2023 compared to 2022, with a surplus increase of RM2.028 billion and a deficit reduction of RM8.595 billion.

Auditor-General: 3,942 Projects Under 12MP In Progress As Of August 26

KUALA LUMPUR, Oct 14 (Bernama) -- A total of 3,942 projects, or 45.9 per cent of the 8,593 development projects under the 12th Malaysia Plan (12MP), are in progress as of August 26 this year, said the Auditor-General.

Bursa Malaysia Opens Higher On Wall Street Cues

By Rosemarie Khoo

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia opened higher today, taking cues from the firmer closing on Wall Street last Friday, analysts said.

Ringgit Rises Against US Dollar On Budget 2025 Outlook

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.

MDEC Highlights Need For Global Exposure To Boost Local Digital Tech Expansion, Talent Development

By Nurunnasihah Ahmad Rashid

DUBAI, Oct 13 (Bernama) — The Malaysia Digital Economy Corporation (MDEC) emphasises the importance of exposing local digital technology companies to international best practices to help them expand beyond the Malaysian market, attract foreign investment, and nurture talent.

HOME Aims To Establish 500 Branches Next Year

IPOH, Oct 13 (Bernama) -- HOME (House of Mind Excellence) Mathematics Therapy (HOME) is targeting to open 500 branches across Malaysia and Indonesia by next year.