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Govt Urged To Carefully Classify Household Income To Avoid Missing Out Those In Need -- Backbenchers Club

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 21 (Bernama) -- The government is being asked to re-examine the classification of household income to prevent from missing out aid and petrol subsidies to those who really need them, said the Backbenchers Club today.

Minimal Impact Of Minimum Wage, Foreign Worker Levy On Infrastructure Supply Chain -- Analysts

KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.

Future Income Classifications To Consider Multiple Factors For Greater Fairness - Rafizi

PUTRAJAYA, Oct 20 (Bernama) -- Future income classifications will no longer rely solely on gross household income but will incorporate various factors to ensure greater fairness, said Economy Minister Rafizi Ramli.

Budget 2025 Boosts And Strengthens Malaysia's Global Standing

PUTRAJAYA, Oct. 18 (Bernama) -- Budget 2025 will empower the Ministry of Foreign Affairs in strengthening Malaysia's interests and expanding its influence on international platforms as the ASEAN Chair in 2025.

Banking Industry Views Budget 2025 As Positive Step Towards Sustainable, Inclusive Economy

By Karina Imran

KUALA LUMPUR, Oct 18 (Bernama) -- Financial institutions viewed Budget 2025 as a positive step towards achieving a sustainable, inclusive economy while maintaining fiscal responsibility and social justice. 

Govt Allocates RM100 Mln Matching Fund To Spur Innovation In Islamic Financing

KUALA LUMPUR, Oct 18 (Bernama) -- The government has allocated a RM100 million matching fund to spur innovation in Islamic financing based on Islamic values so that it no longer depends on Shariah-compliant products similar to conventional ones. 

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.

Govt To Review Subsidy Policies For Economic Strength, Fiscal Sustainability – MoF

KUALA LUMPUR, Oct 18 (Bernama) -- The government will continue to review and determine appropriate policy changes for subsidy retargeting as part of its ongoing efforts to strengthen the national economy and ensure sustainable fiscal management.

RHB IB Keeps 'Neutral' Call On Transportation Sector

KUALA LUMPUR, Oct 18 (Bernama) -- RHB Investment Bank (RHB IB) maintained its “neutral” call on the transportation sector despite ocean freight capacity shortage anticipated to persist in the near term and air cargo is expecting a strong peak season driven by holiday demand.

More Than 10,000 Jobs To Be Created With Industrial Cluster Development - MITI

KUALA LUMPUR, Oct 17 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) expects 10,380 job opportunities to be created via an industrial cluster development in the central region comprising the Federal Territory of Kuala Lumpur, Selangor, Negeri Sembilan and Melaka.

MATRADE Yangon Launches Malaysian Bazaar To Seek Out New Indochina Market

PHNOM PENH, Oct 16 (Bernama) -- Thirty Malaysian companies participated in the Malaysia External Trade Development Corporation’s (MATRADE) multi-sector trade fair in Yangon, Myanmar, recording a potential sales of RM39.1 million.

MIDA Connects Investors With Local Talent Through Innovative Pathways - CEO

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is actively crafting innovative and strategic pathways, connecting investors and industry players with local talent to meet the ever-evolving demands of the industry.