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Budget 2025 Puts Forth Clear Call To Action For Board Directors -- ICDM

KUALA LUMPUR, Oct 18 (Bernama) -- The MADANI government's Budget 2025 has put forth a clear call to action for board directors, namely to proactively step up, lead with purpose, exercise risk leadership, embrace diversity and innovation and prioritise people and talent to champion the national agenda.

Budget 2025 Will Increase Inclusivity Through Prudent Fiscal Management - Tengku Zafrul

KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 will increase inclusivity, the equitable distribution of wealth and address social issues while ensuring the welfare of the population through prudent fiscal management and targeted subsidies.

Govt Allocates RM100 Mln Matching Fund To Spur Innovation In Islamic Financing

KUALA LUMPUR, Oct 18 (Bernama) -- The government has allocated a RM100 million matching fund to spur innovation in Islamic financing based on Islamic values so that it no longer depends on Shariah-compliant products similar to conventional ones. 

Govt Proposes 60 Pct Tax Exemption For Smart Logistic Companies - MoF

KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption equivalent to an investment tax allowance of 60 per cent on eligible capital expenditure for five years, to be offered to Smart Logistic Complex (SLC) companies, according to the Ministry of Finance (MoF).

Highlights From Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.

Budget 2025 Estimate The Highest Ever – PM Anwar

KUALA LUMPUR, Oct 18 (Bernama) – The RM421 billion Budget 2025 estimate is the highest ever announced, comprising allocations of RM335 billion for operating expenses and RM86 billion for development expenditure, excluding contingency reserves of RM2 billion.

NFOF Will Be Operational In November 2024 With Funding Of RM1 Bln - PM Anwar 

KUALA LUMPUR, 18 Okt (Bernama) -- The National Fund-of-Funds (NFOF) established under Khazanah Nasional Bhd will operate in November 2024 with a RM1 billion fund, said Prime Minister Datuk Seri Anwar Ibrahim.

Veea, Indonesia’s ICT To Provide Advanced Wireless Connectivity, Asset Tracking In Southeast Asia

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.

Federal Govt Revenue to Grow 5.5 pct To RM339.7 Bln In 2025 -- MoF Report

KUALA LUMPUR, Oct 18 (Bernama) -- The federal government revenue is estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MoF).

Imminent Surge In US Power Demand Challenges Utilities Companies - Wood Mackenzie 

KUALA LUMPUR, Oct 18 (Bernama) -- Wood Mackenzie in its latest Horizons report revealed that the United States (US) power demand is set to soar for the first time in decades, with growth between four per cent and 15 per cent through 2029, depending on the region.

Pharma And Healthcare Expo 2024 To Boost Malaysia As Regional Healthcare Hub

KUALA LUMPUR, Oct 18 (Bernama) -- The inaugural Malaysia Pharma and Healthcare Expo 2024 to be held at the Malaysia International Trade and Exhibition Centre (MITEC) from Oct 22-24, is set to boost Malaysia’s healthcare industry by promoting innovative products, fostering partnerships, and attracting investments in medical devices and pharmaceutical products.

Malaysia Pavilion Sees Potential Export Value Of US$67.11 Mln At Tokyo Game Show 2024

KUALA LUMPUR, Oct 17 (Bernama) -- The Malaysia Pavilion at Tokyo Game Show (TGS) 2024 has garnered potential sales of US$67.11 million (US$1=RM4.29) from 150 business meetings conducted between the Malaysian and Japanese gaming companies.