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.
| LATEST NEWS | IMF projects Malaysia's growth at 4.7 per cent for this year and 4.3 per cent in 2027 | Global headline inflation is expected to increase to 4.4 per cent in 2026 and decline to 3.7 per cent in 2027, marking upward revisions for both years - IMF | IMF projects global growth of 3.1 per cent for this year (2025: 3.4 pct), a downward revision of 0.2 percentage point from January projections | 1MDB: Four artworks valued at USD198,125 have been repatriated to Malaysia - MACC | 1MDB asset recovery has reached RM31.2 billion so far, representing 70 per cent of the total identified assets - MACC | |
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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.
SME Bank Launches FundFest To Empower Entrepreneurs, Bridging The Financing Gap
KUALA LUMPUR, Oct 18 (Bernama) -- SME Bank Malaysia Bhd has launched the SME Bank FundFest 2024, aimed at providing budding entrepreneurs, innovative startups, and growing businesses with opportunities to access funding facilities and participate in knowledge exchange sessions.
MDEC CEO Says Public-private Partnerships Key To Driving Asean’s Digital Economy
KUALA LUMPUR, Oct 17 (Bernama) -- Public-private partnerships (PPPs) are expected to play a crucial role in shaping ASEAN’s future, particularly in driving the digital economy forward as they are the backbone of progress, said Malaysia Digital Economy Corporation (MDEC) chief executive officer (CEO) Anuar Fariz Fadzil.
BSN's MADANI Micro Financing: A Lifeline For SMEs In Challenging Times
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 17 (Bernama) -- The MADANI Micro Financing Scheme by Bank Simpanan Nasional (BSN), introduced under Budget 2024, serves as a vital ‘lifeline’ for small and medium enterprises (SMEs) looking to strengthen working capital amidst economic uncertainties and natural disasters.
Malaysia's Semicon Sector Can Enhance Southeast Asia's Tech Landscape -- IC Design Experts
KUALA LUMPUR, Oct 16 (Bernama) -- Experts from integrated circuit (IC) design industry players Skyechip, Weeroc, and Chipsbank have emphasised the potential of Malaysia’s semiconductor sector to enhance Southeast Asia’s technology landscape at the Selangor Smart City and Digital Economy Convention (SDEC) 2024 today.
Budget 2025: Be Supportive of OGSE Sector to Continue Growth Trajectory - MPRC
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia Petroleum Resources Corporation (MPRC) is optimistic the tabling of Budget 2025 will create a supportive environment for the oil and gas services and equipment (OGSE) sector to continue its growth trajectory following its recovery from recent challenging years.
Budget 2025: SME Bank Calls For Supportive Measures To Boost SME Growth
KUALA LUMPUR, Oct 15 (Bernama) -- With Budget 2025 set to be announced this Friday, SME Bank Bhd is calling for strategic measures to support the growth of small and medium enterprises (SMEs), focusing on sustainability, financial resilience, and digital transformation.
Government Channels RM5.76 Bln To 261,651 MSME Entrepreneurs - KUSKOP
KUALA LUMPUR, Oct 14 (Bernama) -- The government has channelled RM5.76 billion in financing to 261,651 micro, small, and medium enterprise (MSME) entrepreneurs from January to August this year through the Entrepreneur and Cooperatives Development Ministry (KUSKOP) and its agencies.
There Has Been Robust Domestic Investments - PM Anwar
KUALA LUMPUR, Oct 13 (Bernama) — Malaysia’s impressive economic growth is not solely driven by foreign direct investment (FDI) but also by domestic investments, said Prime Minister Datuk Seri Anwar Ibrahim.
Alliance Bank Earns Spot At UN Global Compact Leaders Summit For ESG Advocacy
KUALA LUMPUR, Oct 11 (Bernama) -- Alliance Bank Bhd has been recognised for its commitment to promoting environmental, social, and governance (ESG) adoption among small and medium-sized enterprises (SMEs) in Malaysia.
MBSB Bank Introduces New Competitive Campaign Rates For Individuals, SMEs
KUALA LUMPUR, Oct 8 (Bernama) -- MBSB Bank Bhd has announced its latest campaign rates, offering competitive financial solutions for both individual and small and medium enterprise (SME) customers.