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Anwar Unveils Substantial Budget 2025, Catalyzing Economy, Hastening Reforms

KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 worth RM421 billion, the biggest in history, is strategically aligned with the MADANI Economy framework, focuses on attracting high-quality investments, stimulating business opportunities, undertaking projects for the wellbeing of the rakyat and not impacting their affordability in purchasing essential goods and services.

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.

Govt To Review Subsidy Policies For Economic Strength, Fiscal Sustainability – MoF

KUALA LUMPUR, Oct 18 (Bernama) -- The government will continue to review and determine appropriate policy changes for subsidy retargeting as part of its ongoing efforts to strengthen the national economy and ensure sustainable fiscal management.

Malaysia, China Need To Strengthen Arbitration Cooperation For Impartial Dispute Resolution

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia and China need to strengthen cooperation in arbitration to provide an independent and impartial dispute resolution service, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong. 

Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF

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).   

GEM Education Pledges RM100 Mln To ASEM For Semiconductors Talent Development

KUALA LUMPUR, Oct 18 (Bernama) -- Global EduTech Management Group (GEM Education), a company registered in Hong Kong, has pledged to support RM100 million for the Advanced Semiconductor Academy of Malaysia (ASEM), which will focus on developing world-class talent and providing industry-relevant education for a digital future driven by semiconductors.

Malaysia's Trade Records 10.2 Pct Jump, Exceeds RM2 Trillion Mark In First Nine Months Of 2024

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia’s trade from January to September 2024 rose 10.2 per cent to RM2.139 trillion, surpassing the RM2 trillion threshold in just nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (MITI).

Medidata Rave Lite To Support Early, Late-stage Clinical Trials

KUALA LUMPUR, Oct 18 (Bernama) -- Medidata, a clinical trial solutions provider to the life sciences industry, has announced Medidata Rave Lite, an extension of its gold-standard clinical research software, Medidata Rave EDC, designed explicitly for Phase I and Phase IV studies.

LYB Becomes Full Owner Of APK AG To Advance Recycling Technology

KUALA LUMPUR, Oct 18 (Bernama) -- LyondellBasell (LYB), a sustainability leader in the chemical industry, announced the full acquisition of APK AG, a solvent-based recycling company, in Merseburg, Germany.

MIDA On Track To Achieve RM2.5 Bln Green Investment Goal At IGEM 2024

KUALA LUMPUR, Oct 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is on track to achieve its target of RM2.5 billion in investments from green investment leads at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024.

Continuity Of Mega Projects To Drive Economic Growth, Job Creation -- Experts

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.

Malaysia Needs RM85.7 Bln R&D Investment To Achieve NSTIP 2021-2030 Targets - MOSTI

KUALA LUMPUR, Oct 17 (Bernama) -- A total investment of RM85.7 billion in research and development (R&D) is required to achieve the targets set by the National Science, Technology and Innovation Policy (NSTIP) 2021-2030, according to the Ministry of Science, Technology, and Innovation (MOSTI).