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.
KUALA LUMPUR, Oct 21 (Bernama) – The government is considering using databases linked to identification cards, along with e-wallets and debit cards as part of the mechanism for the two-tiered pricing system for RON95 petrol subsidies.
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).
KUALA LUMPUR, Oct 21 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is finalising a New Investment Incentive Framework, targeted for announcement as early as the first quarter (1Q) of 2025, said its minister, Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Oct 21 (Bernama) -- The implementation of the Kerian Integrated Green Industrial Park (KIGIP) development is one of the fastest in history, with planning permission approval obtained in less than three months from the launch date.
KUALA LUMPUR, Oct 21 (Bernama) -- The government’s multi-pronged strategy demonstrates a focus on fiscal consolidation while supporting economic growth and maintaining social safety nets, said the Malaysian Institute of Economic Research (MIER).
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 announced on Friday (Oct 18) is very people-friendly and meets Prime Minister Datuk Seri Anwar Ibrahim's desire to tackle the issue of rising cost of living, said an analyst.
KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.
PUTRAJAYA, Oct 20 (Bernama) -- Future income classifications will no longer rely solely on gross household income but will incorporate various factors to ensure greater fairness, said Economy Minister Rafizi Ramli.
PUTRAJAYA, Oct 20 (Bernama) — The largest allocation in history of RM421 billion for Budget 2025 is the result of good governance, prudent fiscal discipline and the country's rapid economic growth, said Economy Minister Rafizi Ramli.
KUALA LUMPUR, Oct 20 (Bernama) -- The government is still studying the data and will ensure subsidies on petrol, health and education help the right groups, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia's semiconductor industry is set to further solidify with various commendable initiatives outlined under Budget 2025, including the Supply Chain Resilience Initiative and the New Investment Incentive Framework.
