1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has approved RM1.59 billion in financing guarantees as of Sept 30 2024 for micro, small and medium enterprises (MSMEs) in the green economy, high technology and halal fields from a RM20 billion guarantee fund allocation.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia’s flagship corporate charity run - the Bursa Bull Charge (BBC2024) - returns for its eighth edition and continues to bring together corporate sector and capital market participants to run for a good cause.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- The number of electrified vehicles (xEV) reached 33,319 units as of Sept 30, 2024, representing about five per cent of the total industry volume (TIV), said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is finalising sustainable development guidelines for data centres.
1y ago
ISKANDAR PUTERI, Oct 21 (Bernama) -- The allocation of RM421 billion under the MADANI Budget 2025 will set a strong foundation for revitalising the economy, driving positive change and ensuring the well-being of Malaysians, Iskandar Investment Berhad (IIB) president and chief executive officer Datuk Idzham Mohd Hashim said.
1y ago
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).
1y ago
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.
1y ago
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).
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- Kenanga Investment Bank (Kenanga IB) sees Budget 2025 as modestly expansionary, with the government aiming to strike a balance between economic growth and fiscal consolidation.
1y ago
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.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The measures in Budget 2025 are set to ensure that the capital market can facilitate greater and more broad-based wealth creation, said Securities Commission Malaysia.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The government’s measures and incentives under Budget 2025 prioritise the nation’s competitiveness, especially in positioning Malaysia as an investment and business destination and a strong trading partner, said CGS Malaysia.