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Anwar: EXIM Bank, SME Bank, BPMB Merger Still Ongoing

KUALA LUMPUR, Oct 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the merger of Bank Pembangunan Malaysia Bhd, Exim Bank, and SME Bank is still in progress, and the focus on small and medium enterprises (SMEs) will continue.

Ringgit Opens Flat Vs US Dollar Amid Cautious Economic Sentiment

By Zarul Effendi Razali

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened nearly flat against the US dollar on Tuesday, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.

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.

Govt Expected To Continue Fiscal Consolidation Measures To Reduce Debt

KUALA LUMPUR, Oct 21 (Bernama) -- The government is expected to continue its fiscal consolidation measures as part of the debt management strategy following the reported decrease in new debt, which is forecast to fall to RM80 billion by 2025.

Ringgit Closes Flat Against US Dollar Amid Middle East Tensions

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit closed almost flat against the US dollar on Monday as markets remained cautious about the geopolitical developments engulfing the Middle East, while the US Dollar Index (DXY) stayed well supported.

Budget 2025 Sets Solid Foundation For 13MP - MARC

KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 sets a solid foundation to achieve growth of between 4.5 per cent and 5.5 per cent, providing a strong framework for the upcoming 13th Malaysia Plan (13MP), as 2025 marks the final year of the 12MP, said Malaysian Rating Corporation Bhd (MARC).

NIMP 2030 Succeeds In Raising Value Added, Jobs, Median Salary In Manufacturing Sector -- Tengku Zafrul

KUALA LUMPUR, Oct 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) is confident of achieving the first-year targets of the New Industrial Master Plan 2030 (NIMP 2030), having already fulfilled three of the main indicators set, according to its minister Tengku Datuk Seri Zafrul Abdul Aziz.

Budget 2025 Aims For Growth And Elevated Living Standards - Analysts

KUALA LUMPUR, Oct 21 (Bernama) -- The measures outlined in Budget 2025 aim to reshape the economy by fostering growth and attracting quality investments while balancing fiscal consolidation, "raising the ceiling" for economic growth, and "raising the floor" to elevate living standards, according to analysts.

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.

Economy Ministry Begins Drafting 13MP, To Be Tabled In Parliament In 3Q 2025

KUALA LUMPUR, Oct 21 (Bernama) -- The Economy Ministry has initiated work on the 13th Malaysia Plan (13MP), which is expected to be tabled in Parliament in the third quarter of 2025.

Malaysia Remains Open, Welcoming To Chinese Companies Seeking To List On Bursa Malaysia -- SC Director

HAINAN (China), Oct 20 (Bernama) -- Malaysia remains open and welcoming to Chinese companies seeking to list on Bursa Malaysia whether for their first or second listing exercise, in line with both countries’ shared goals of fostering innovation and promoting high-value products and services.

Higher Tax Relief On Education, Medical Insurance Will Encourage Better Financial Planning - LIAM

KUALA LUMPUR, Oct 19 Bernama) -- The government's move to increase individual income tax relief on education insurance and medical and health insurance premiums to RM4,000 is seen as a good financial planning incentive to encourage more Malaysians to purchase medical and health insurance plans as well as education policies for their children.