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KUALA LUMPUR, Oct 18 (Bernama) – The government is proposing to raise the windfall profit levy (WPL) threshold for oil palm fresh fruit bunches (FFB) to RM3,150 for Peninsular Malaysia and RM3,650 for Sabah and Sarawak.
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KUALA LUMPUR, Oct 18 (Bernama) -- The export duty rates for crude palm oil (CPO) have been revised to ensure an adequate domestic supply of the commodity.
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KUALA LUMPUR, Oct 18 (Bernama) -- The RM65 million allocation through Budget 2025 is expected to provide a boost for more smallholders to obtain the Malaysian Sustainable Palm Oil (MSPO) Certification, said Commodities and Plantations Minister, Datuk Seri Johari Abdul Ghani.
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KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
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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.
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KUALA LUMPUR, Oct 18 (Bernama) -- The development allocation for Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively, making them among the highest in the country.
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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.
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KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).
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By Abdul Hamid A Rahman and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 17 (Bernama) -- The continuity of major infrastructure projects under Prime Minister Datuk Seri Anwar Ibrahim's MADANI government is poised to generate substantial spillover effects across the economy, fostering job creation, attracting investments, and enhancing connectivity, according to experts.
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KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.
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KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively.
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KUCHING, Oct 15 (Bernama) -- The Sarawak Multimedia Authority (SMA) has signed a memorandum of understanding (MoU) with Malaysia’s premier satellite solutions provider, MEASAT Global Bhd (MEASAT), to enhance Sarawak’s space industry development.