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HLIB Expects Budget 2025 To Balance Fiscal Discipline And GDP Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Budget 2025 to responsibly walk the fiscal consolidation path, a lower fiscal deficit target from -4.3 per cent to -3.9 per cent, yet be supportive of gross domestic product (GDP) growth, subsidies savings and improved revenue channels.

MBAM Calls For Lower Taxes And Duties On Construction Machinery

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 2 (Bernama) – Lower taxes and duties on construction machinery, along with improved access to financing and reasonable interest rates for industry players and builders, were among the proposals put forward by the Master Builders Association Malaysia (MBAM) for Budget 2025.

Bursa Malaysia Opens Lower, Tracking Weaker Regional Sentiment

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia opened lower today, in line with weaker sentiment on the regional bourses due to emerging concerns over Middle East geopolitical tensions, according to an analyst.

Stronger Ringgit Boosts Consumer, REITs And Plantation Sectors On Bursa Malaysia

KUALA LUMPUR, Oct 1 (Bernama) -- Consumer counters are poised to benefit from lower costs of raw material imports and improved margins as the ringgit continues to strengthen, according to Bursa Malaysia Bhd.

Budget 2025 Set To See Substantial Increase In Allocations On Solid Economic Growth - Economist

PUTRAJAYA, Oct 1 (Bernama) – Budget 2025 is set to see a substantial increase in allocations, driven by Malaysia's solid economic growth and rising government revenues, according to the deputy president of the Malaysian Economic Association, Professor Dr Yeah Kim Leng. 

Regulators Need To Engage By Listening And Experimenting When Innovating - SC

KUALA LUMPUR, Oct 1 (Bernama) -- Regulators need to continuously listen to feedback from various parties as part of their engagement when incorporating innovation.

Malaysia, South Korea Aim To Enhance ICT MoU, Focus On AI Tech

From Hasnah Jusid

SEOUL, Oct 1 (Bernama) -- Malaysia and South Korea aim to enhance the Memorandum of Understanding (MoU) on bilateral cooperation in the field of Information and Communication Technology (ICT), which was signed in 2019, by November this year.

Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife

KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.

Malaysia Aims To Complete AI Technology Action Plan Within 12 Months - PM

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia aims to complete its Artificial Intelligence (AI) Technology Action Plan within the next 12 months, Prime Minister Datuk Seri Anwar Ibrahim said today.

Bursa Malaysia Opens Lower On Mild Selling In Key Sectors

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower today, extending yesterday's losses amid mild selling in plantation, consumer products and services counters, according to an analyst.

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.

TM Signs Agreement With Radian Arc To Boost Cloud Gaming, Computing Infrastructure

SEOUL, Sept 30 (Bernama) -- TM Malaysia Bhd (TM) continues to fulfil the demands of the gaming industry by strengthening its cloud gaming and edge computing infrastructure with the signing of a services agreement with Australia-based Radian Arc today.