Vast Investment Potential In Sabah Blue Economy - CM Hajiji
KOTA KINABALU, Oct 19 (Bernama) -- Sabah offers immense investment opportunities in the blue economy, said Chief Minister Datuk Seri Hajiji Noor.
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PKNS Targets 6,600 Acres Of Industrial Land To Be Developed By 2030
SHAH ALAM, Oct 19 (Bernama) -- The Selangor State Development Corporation (PKNS) aims to develop over 6,600 acres of industrial land by 2030, creating a “Selangor New Growth Corridor”.
Gold Futures Likely To Be Bullish Next Week
KUALA LUMPUR, Oct 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be bullish next week, driven by expectations of a prolonged low-interest rate environment globally, an analyst said.
Bursa Malaysia To Trade On Cautious Mode Next Week As Investors Digest Budget 2025
KUALA LUMPUR, Oct 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hold steady within a narrow band of 1,655 to 1,665 as investors digest the national Budget 2025 announcement by Prime Minister Datuk Seri Anwar Ibrahim on Friday.
SST Expansion To Offset Fall In Oil-Related Revenue, Creates Robust Tax System
KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.
Budget 2025 To Facilitate More Broad-based Wealth Creation In Capital Market
KUALA LUMPUR, Oct 19 (Bernama) -- The measures in Budget 2025 are set to ensure that the capital market can facilitate greater and more broad-based wealth creation, said Securities Commission Malaysia.
CGS Malaysia: Budget 2025 To Position Malaysia Competitively, Reinforce Its Global Leadership In Islamic Finance
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.
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.
Veea, Indonesia’s ICT To Provide Advanced Wireless Connectivity, Asset Tracking In Southeast Asia
KUALA LUMPUR, Oct 18 (Bernama) -- Veea has partnered with Inti Cakrawala Teknologi (ICT), a next-gen digital connectivity solutions provider, to bring advanced connectivity solutions and asset tracking for ICT’s mining and energy clients in Indonesia and throughout Southeast Asia.
H2O.ai Unveils Compact, Cost Efficient Multimodal Foundation Models for Document AI
KUALA LUMPUR, Oct 18 (Bernama) -- H2O.ai, the leader in open-source generative artificial intelligence (GenAI), announced H2OVL Mississippi 2B and 0.8B, two powerful new multimodal foundation models designed specifically for optical character recognition (OCR) and Document AI use cases.
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.
Malaysia Poised To Steer ASEAN Economic Prosperity Via Resources, Digital Infrastructure
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia is well positioned to advance ASEAN's economic prosperity and regional integration by leveraging its resources and digital infrastructure, bolstered by a stable government and effective policies, said the Ministry of Finance (MoF).