1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- The implementation of initiatives outlined in the National Artificial Intelligence (AI) Roadmap 2021-2025 has reached 63 per cent completion as of the third quarter (3Q) of 2024.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 17 (Bernama) -- The MADANI Micro Financing Scheme by Bank Simpanan Nasional (BSN), introduced under Budget 2024, serves as a vital ‘lifeline’ for small and medium enterprises (SMEs) looking to strengthen working capital amidst economic uncertainties and natural disasters.
1y ago
KUALA LUMPUR, Oct 17 (Bernama) – Budget 2025 will be a delicate balance between maintaining economic growth and ensuring that the welfare of the most vulnerable segments of society comprising low-income earners, single mothers and people with disabilities are looked after against a backdrop of rising prices.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The government is taking steps to diversify the domestic economic portfolio to reduce the deficit in the workers' compensation account, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The federal government’s debt growth trend is expected to continue to decrease, ending 2024 at around 7.5 per cent compared to 8.6 per cent in 2023 and 10.2 per cent in 2022, according to the Ministry of Finance (MoF).
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia serves as a key gateway for Taiwan's exports to Asian countries due to the many parallels in their development journeys, said Kaohsiung Deputy Mayor Charles Lin.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The development of a special industrial cluster in the manufacturing sector in the Central Region needs to be prioritised as a strategic initiative of the MADANI Government to strengthen the country's position as an investment hub, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit appreciated against the US dollar and other major currencies at the close today, driven by positive sentiment ahead of the tabling of the national budget this Friday, said SPI Asset Management managing director Stephen Innes.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia Petroleum Resources Corporation (MPRC) is optimistic the tabling of Budget 2025 will create a supportive environment for the oil and gas services and equipment (OGSE) sector to continue its growth trajectory following its recovery from recent challenging years.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The Ministry of Plantation and Commodities (KPK) will discuss with the Ministry of Finance (MOF) to increase the assistance provided in the oil palm replanting grant to boost productivity among smallholders.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit has shown stronger performance versus regional currencies, driven by investor confidence in the country's reform agenda.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- Infrastructure project flows will dominate Malaysia’s construction industry in the coming months as year-to-date (YTD) contract flows from the government have exceeded from last year, said RHB Investment Bank Bhd (RHB IB).