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Govt Committed To Ensuring Phase One Of KRC Development Completed Within A Year - Rafizi

KUALA LUMPUR, Nov 14 (Bernama) --  The Ministry of Economy is committed to ensuring that phase one of the Kedah Rubber City (KRC) development will be completed within a year, said Economy Minister Rafizi Ramli.

Govt Committed To Reducing Fiscal Deficit, Keep Debt-To-GDP Ratio Below 60 Pct

KUALA LUMPUR, Nov 11 (Bernama) -- The trend of declining fiscal deficit reflects the government's commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

KUSKOP, MoF, KESUMA To Address Minimum Wage Impact On MSMEs - Ewon

KUALA LUMPUR, Nov 11 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is set to address the impact of minimum wages on micro, small, and medium enterprises (MSMEs) with the Ministry of Finance (MoF) and the Ministry of Human Resources (KESUMA).

Malaysia Ready For New Investment Era With Clear Economic Vision -- MOF

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia stands ready for a new era of investment, supported by a clear vision for economic transformation and a commitment to attracting investments aligned with the nation’s high-growth and sustainable future, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Mechanism For Targeted RON95 Subsidy Still Being Refined By MOF

KUALA LUMPUR, Oct 29 (Bernama) -- The mechanism for the proposed RON95 targeted petrol subsidy, set for implementation in the middle of next year, is still being refined by the Ministry of Finance (MOF).

Khazanah, PNB Secure RM3.1 Mln From Fashionvalet Share Sale – MoF

KUALA LUMPUR, Oct 29 (Bernama) -- Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB) received RM3.1 million from the sale of their shares in Fashion Valet Sdn Bhd (FashionValet), the Ministry of Finance (MoF) said on Monday.

APO Unveils Green Productivity 2.0 At 65th Workshop Meeting Of NPO Leaders 

KUALA LUMPUR, Oct 28 (Bernama) -- The Asian Productivity Organization (APO) convened its 65th Workshop Meeting (WSM) of Heads of National Productivity Organizations (NPOs) in Nadi, Fiji from Oct 23 to 25.

MAB Focuses On Enhancing Training, Hiring Workers To Address Demand, Modern Aircraft

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia Airlines Bhd (MAB) has expressed its commitment to focusing on improving training and recruitment to address the increasing demand and complexity of modern aircraft.

7,400 Companies Using E-invoice System; 58 Mln E-invoices Issued As At Oct 14 -- MoF

KUALA LUMPUR, Oct 23 (Bernama) -- A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of Oct 14, 2024, according to the Ministry of Finance (MoF).

Budget 2025 Adjustments In Export Tax Seen Helping Palm Oil Refining Industry Be More Competitive

KUALA LUMPUR, Oct 21 (Bernama) -- The adjustments in export tax under Budget 2025 will help the palm oil refining industry be more competitive, compared with Indonesia, according to Glenauk Economics.

Budget 2025 Seen Modestly Expansionary With Govt Trying To Balance Growth And Fiscal Consolidation

KUALA LUMPUR, Oct 20 (Bernama) -- Kenanga Investment Bank (Kenanga IB) sees Budget 2025 as modestly expansionary, with the government aiming to strike a balance between economic growth and fiscal consolidation.

Narrower Deficit, Lower Maturities In 2025, Gross Debt Issuance At Rm163.5 Bln - CIMB Securities

KUALA LUMPUR, Oct 19 (Bernama) -- The federal government’s narrower deficit of RM80 billion next year, which is RM4.3 billion below the revised estimate of RM84.3 billion this year, suggests milder net borrowing requirements next year, CIMB Securities Sdn Bhd said today.