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BMI: Budget A Positive Step Towards Malaysia's Goal Of Narrowing Budget Deficit To 3.5 Pct By 2027

KUALA LUMPUR, Oct 21 (Bernama) -- The 2025 Budget, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Oct 18, marked a positive step towards Malaysia’s medium-term goal of narrowing its budget deficit to 3.5 per cent by 2027.

CPO Futures Close Higher On Stronger Export Pace, Expectation Of Weaker Output

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday due to a stronger export pace and the expectation of weaker output in the coming weeks, said a dealer.

The Ascott, Instant Icon Ink Deal To Develop Luxury Condos In Batu Ferringhi

GEORGE TOWN, Oct 21 (Bernama) -- Singaporean real estate and lodging company The Ascott Ltd is partnering with Malaysian developer Instant Icon Sdn Bhd to develop Ascott Residences Batu Ferringhi, which is set to welcome residents from January 2028 onwards.

MYEG, Heitech Padu Commence Partnership For e-gov't Projects

KUALA LUMPUR, Oct 21 (Bernama) -- MY E.G. Services Bhd (MYEG) and Heitech Padu Bhd today announced the commencement of their partnership to ensure the successful implementation of various e-government projects in Malaysia.

Yinson Production's FPSO Vessel Maria Quiteria Achieves First Oil

KUALA LUMPUR, Oct 21 (Bernama) -- Yinson Production's floating production, storage and offloading (FPSO) vessel Maria Quiteria has achieved first oil on Oct 15, 2024, followed by a successful 72-hour test.

MARii, Dassault Systèmes, And Feiran Technology Sign Mou to Position Malaysia as Asean's Next Auto Hub

KUALA LUMPUR, Oct 21 (Bernama) -- The Malaysia Automotive, Robotics and IoT Institute (MARii), Dassault Systèmes, and Feiran Technology have signed a memorandum of understanding (MoU) aimed at driving growth and innovation in Malaysia’s automotive sector.

Profit-taking Hits Heitech Padu After RM892 Mln NIISe Contract News

KUALA LUMPUR, Oct 21 (Bernama) -- HeiTech Padu Bhd shares fell 4.61 per cent in early trade due to profit-taking following the announcement of a RM892.19 million contract secured for the National Integrated Immigration System (NIISe) project by the Immigration Department of Malaysia.

Budget 2025: RM470 Mln In Financing Key To Supporting, Growing Women SME Entrepreneurs

KUALA LUMPUR, Oct 20 (Bernama) -- The allocation of RM470 million for financing funds aimed at supporting women-led micro, small and medium enterprises (MSMEs) will play a crucial role in assisting women entrepreneurs in securing working capital, acquiring assets, and expanding their business capacity to higher levels.

MBI-BIZAPP Collaborate To Empower 50,000 MSMEs In Selangor

KUALA LUMPUR, Oct 20 (Bernama) -- Bizapp Ventures Sdn Bhd (BIZAPP) and Selangor Menteri Besar (Incorporated) (MBI) have signed a Memorandum of Cooperation, aimed at empowering 50,000 Micro, Small, and Medium Enterprises (MSMEs) in Selangor to transition to digital operations, over the next five years.

Tiktok Shop SME Digitalisation Conference Aims To Create Robust Ecosystem For SMEs Growth

KUALA LUMPUR, Oct 20 (Bernama) -- The TikTok Shop SME Digitalisation Conference, a collaborative effort between the Selangor Smart City & Digital Economy Convention (SDEC) 2024 and TikTok Shop aims to create a robust ecosystem to support small and medium enterprises (SMEs) growth. 

Budget 2025 To Facilitate More Broad-based Wealth Creation In Capital Market 

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.

CGS Malaysia: Budget 2025 To Position Malaysia Competitively, Reinforce Its Global Leadership In Islamic Finance

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.