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EXIM Bank, GTC Ink US$19.97 Mln Agreement To Boost Cambodia's Telecommunications Infrastructure

KUALA LUMPUR, Oct 22 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a financing agreement with Global Tower Corporation Pty Ltd (GTC) worth US$19.97 million (US$ = RM4.32).

Budget 2025's Higher Tax Relief To Ease Malaysians' Access To Essential Coverage

KUALA LUMPUR, Oct 21 (Bernama) -- The government’s decision to raise individual income tax relief for education and medical insurance premiums to RM4,000, along with expanding medical expense relief to RM10,000, will significantly reduce financial barriers for many Malaysians seeking essential coverage.

Budget 2025 Seen Modestly Expansionary With Govt Trying To Balance Growth And Fiscal Consolidation

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.

Consumer Credit Act to Regulate Non-Bank Credit Providers Including BNPL Companies -- BNM

KUALA LUMPUR, Oct 19 (Bernama) -- The Consumer Credit Act (CCA), to be tabled in the next parliamentary sitting, will address overlaps in responsibilities between regulatory authorities and reduce coverage gaps in the supervision of consumer credit providers, Bank Negara Malaysia (BNM) said.

Govt To Continue Promoting 5G Usage As Malaysia Prepares For ASEAN Chairmanship - Anwar

KUALA LUMPUR, Oct 18 (Bernama) -- The government will continue to promote the use of 5G, especially to encourage its applications in various industries as Malaysia prepares for its ASEAN chairmanship in 2025.

Highlights From Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.

Budget 2025: EPF Contributions To Be Made Mandatory For Foreign Workers - PM Anwar

KUALA LUMPUR, Oct 18 (Bernama) -- The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF), said Prime Minister Datuk Seri Anwar Ibrahim.

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.

Allianz Life Extends Coverage For Critical Illness Riders

KUALA LUMPUR, Oct 16 (Bernama) -- Allianz Life Insurance Malaysia Bhd has launched the Complimentary Multi-Claim Critical Illness (CI) coverage campaign, which provides its customers with a vital safety net not just for their first CI diagnosis but for future diagnoses as well.

Duck Creek To Provide Comprehensive Risk Management, Mitigation Solutions Via RCT Acquisition

KUALA LUMPUR, Oct 11 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies Inc (RCT), a Toronto-based provider of risk management and loss control solutions.

Budget 2025: Continue Funding Programmes That Focus On Gig Workers - Foodpanda

KUALA LUMPUR, Oct 11 (Bernama) -- Foodpanda Malaysia hopes the government will maintain gig-worker-focused funding in Budget 2025, similar to previous initiatives to help them thrive.

Rising Demand And Supportive Policies Key To Malaysia AI Market Growth - IBM Malaysia

KUALA LUMPUR, Oct 10 (Bernama) -- IBM Malaysia said the growing demand for artificial intelligence (AI)- driven solutions, alongside supportive government policies promoting technological innovation, will drive Malaysia’s AI market growth.