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Almost RM1 Billion Allocated For Five Seasons In Two Years Paddy Cultivation Initiative

KUALA LUMPUR, Oct 18 (Bernama) -- Almost RM1 billion has been allocated to kickstart the five-season paddy planting project within two years, under Phase 1 of the Muda Agricultural Development Authority (MADA), covering nearly 11,000 hectares, said Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2025: Govt Allocates RM470 Mln To Empower Women's Participation In PMKS

KUALA LUMPUR, Oct 18 (Bernama) - The government allocated RM470 million for financing funds provided by SME Bank, Bank Simpanan Nasional, Bank Rakyat and MARA to support women's micro, small and medium enterprises (PMKS) obtain working capital, purchase assets and increase business capacity to a higher level.

Forest City Secures Duty-free Island Status

KUALA LUMPUR, Oct 18 (Bernama) -- The government has approved Forest City as a Duty-Free Island to promote tourism and stimulate local economic activities, said Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2025 Estimate The Highest Ever – PM Anwar

KUALA LUMPUR, Oct 18 (Bernama) – The RM421 billion Budget 2025 estimate is the highest ever announced, comprising allocations of RM335 billion for operating expenses and RM86 billion for development expenditure, excluding contingency reserves of RM2 billion.

Govt To Introduce New Investment Incentive Framework, RM1 Bln Strategic Investment Fund - Anwar

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.

NFOF Will Be Operational In November 2024 With Funding Of RM1 Bln - PM Anwar 

KUALA LUMPUR, 18 Okt (Bernama) -- The National Fund-of-Funds (NFOF) established under Khazanah Nasional Bhd will operate in November 2024 with a RM1 billion fund, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Ends Higher On Budget 2025 Optimism

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia ended the week on a higher note buoyed by optimism surrounding Budget 2025 and widespread buying across the board, said an analyst.

Petroleum-related Revenue Set to Drop Further to RM62 Bln In 2025 -- MoF Report

KUALA LUMPUR, Oct 18 (Bernama) -- Petroleum-related revenue is expected to register a lower collection of RM62 billion, accounting for 18.3 per cent of the federal government's total revenue in 2025.

Federal Govt Revenue to Grow 5.5 pct To RM339.7 Bln In 2025 -- MoF Report

KUALA LUMPUR, Oct 18 (Bernama) -- The federal government revenue is estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MoF).

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.

Economic Outlook: Budget 2025 To Lay Foundation For A Digital-driven Economy

KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 will lay the foundation for a digital and innovation-driven economy, positioning the country towards becoming a high-income nation, according to the Economic Outlook 2025 report released by the Finance Ministry today.

Malaysian Labour Market Projected To Remain Stable In 2025

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.