KUALA LUMPUR, Oct 19 (Bernama) -- The allocation of RM2.184 billion for the Ministry of Investment, Trade and Industry (MITI) in Budget 2025 is seen as a recognition of the effectiveness of the New Industrial Master Plan (NIMP) 2030 as a driver of Malaysian industry.
KUALA LUMPUR, Oct 19 (Bernama) -- The government’s RON 95 subsidiy rationalisation plan will drive Malaysia’s fiscal consolidation, however, the subsidy cost will face some upside risks if oil prices rise, according to Standard Chartered (Stanchart).
KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.
KUALA LUMPUR, Oct 18 (Bernama) -- The government is allocating RM200 million to the Strategic Collaborative Investment Fund (CoSIF) and the NIMP Industrial Development Fund (NIDF) next year.
KUALA LUMPUR, Oct 18 (Bernama) -- The government has proposed that tax incentives for increased exports for the service sector be expanded to integrated circuit (IC) design services, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Oct 18 (Bernama) -- The gross domestic product (GDP) growth assumption of 4.5 to 5.5 per cent for 2025 is reasonable, said OCBC senior ASEAN economist Lavanya Venkateswaran said.
KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 will increase inclusivity, the equitable distribution of wealth and address social issues while ensuring the welfare of the population through prudent fiscal management and targeted subsidies.
By M. Saraswathi
KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 tabled by Prime Minister Datuk Seri Anwar Ibrahim does not mention any major or high-profile projects.
KUALA LUMPUR, Oct 18 (Bernama) -- A new Investment Incentive Framework will be introduced, including a strategic investment fund worth RM1 billion aimed at enhancing the capacity of local talent and encouraging high-value activities to be carried out in the country.
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.
KUALA LUMPUR, Oct 18 (Bernama) – The Malaysian labour market is projected to remain stable in 2025, boosted by better domestic and foreign economic growth prospects.
KUALA LUMPUR, Oct 18 (Bernama) – The Federal Government's gross borrowings are expected to consolidate further post-pandemic, reducing to 10 per cent of gross domestic product (GDP) next year from 13.6 per cent in 2021.
