1y ago
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).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).
1y ago
By Abdul Hamid A Rahman and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 17 (Bernama) -- The continuity of major infrastructure projects under Prime Minister Datuk Seri Anwar Ibrahim's MADANI government is poised to generate substantial spillover effects across the economy, fostering job creation, attracting investments, and enhancing connectivity, according to experts.
1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia remained higher at midday, buoyed by ongoing bargain hunting in selected heavyweights, particularly within the consumer and industrial products and services sectors, analysts said.
1y ago
By Rosemarie Khoo
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s market bellwether finished higher today, thanks to mild buying in consumer products and services, telecommunications and banking stocks, amid a mixed regional market performance.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- The Information and Communication Technology (ICT) industry, including e-commerce, has generated a total of RM427.7 billion to Malaysia’s gross domestic product (GDP) in 2023 compared to RM411.6 billion in 2022, according to the Department of Statistics Malaysia (DoSM).
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Oct 8 (Bernama) -- The World Bank Group has upgraded Malaysia's economic growth forecast to 4.9 per cent in 2024 from its initial 4.3 per cent forecast set in April, according to Apurva Sanghi, its lead economist for Malaysia.
1y ago
PETALING JAYA, Oct 6 (Bernama) -- While Malaysia ranks among the top three global business services (GBS) hubs in the world, primarily driven by its cost advantage, the country must also place greater emphasis on the digital impact and talent development to maintain its competitive edge.
1y ago
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.
1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- There will be 2,600 job opportunities from 80 local and international companies for young people at MITI Day 2024 organised by the Investment, Trade and Industry Ministry (MITI).
1y ago
KUALA LUMPUR, Sept 26 (Bernama) -- The Ministry of Trade, Investment and Industry (MITI) will continue to nurture talent, deepen trade relationships and ensure Malaysia remains a leading manufacturing and services hub, contributing to a prosperous and inclusive Asean.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia’s accumulated fixed asset investment, or gross capital stock (GKS), grew 3.0 per cent year-on-year (y-o-y) to RM5.60 trillion in 2023, the Department of Statistics Malaysia (DoSM) said.