1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The government’s measures and incentives under Budget 2025 prioritise the nation’s competitiveness, especially in positioning Malaysia as an investment and business destination and a strong trading partner, said CGS Malaysia.
1y ago
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.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- A total of 39 companies in the top 100 companies listed on Bursa Malaysia have yet to meet the target of having 30 per cent women participation in their boards.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is allocating RM200 million to the Strategic Collaborative Investment Fund (CoSIF) and the NIMP Industrial Development Fund (NIDF) next year.
1y ago
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.
1y ago
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.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Microsoft is committed to partnering with the government to drive responsible artificial intelligence (AI) innovation in Malaysia, enabling a future where digital transformation benefits everyone.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government has proposed to shorten the full claim period for capital allowances on the purchase of information and communication technology (ICT) equipment, computer software packages, and consultancy fees from three years to two years.
1y ago
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.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government's announcement of RM1.8 billion for three new ships for the Malaysian Maritime Enforcement Agency (MMEA) in Budget 2025 comes at a critical time, given the agency's current asset constraints in safeguarding national waters.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption equivalent to an investment tax allowance of 60 per cent on eligible capital expenditure for five years, to be offered to Smart Logistic Complex (SLC) companies, according to the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.