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Budget 2025's Higher Tax Relief To Ease Malaysians' Access To Essential Coverage

KUALA LUMPUR, Oct 21 (Bernama) -- The government’s decision to raise individual income tax relief for education and medical insurance premiums to RM4,000, along with expanding medical expense relief to RM10,000, will significantly reduce financial barriers for many Malaysians seeking essential coverage.

Govt’s Multi-Pronged Strategy Balances Fiscal Discipline, Economic Growth - MIER

KUALA LUMPUR, Oct 21 (Bernama) -- The government’s multi-pronged strategy demonstrates a focus on fiscal consolidation while supporting economic growth and maintaining social safety nets, said the Malaysian Institute of Economic Research (MIER).

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.

10 Startups Shine At SAP 2024, Poised For Global Growth Through SIDEC's Initiative

KUALA LUMPUR, Oct 20 (Bernama) -- The top 10 winners of the Selangor Accelerator Programme (SAP 2024) have joined the ranks of over 190 startups that have participated in the programme since its launch in 2018.

The Father Of Malaysian Islamic Banking, Abdul Halim Ismail Passes Away

KUALA LUMPUR, Oct 20 (Bernama) -- The Father of Malaysian Islamic Banking, Datuk Dr Abdul Halim Ismail, passed away at the age of 85 this morning.

Budget 2025: LTAT To Leverage GEAR-uP Initiative For RM120 Billion Domestic Investment

KUALA LUMPUR, Oct 19 (Bernama) -- The Armed Forces Fund Board (LTAT) is poised to seize new opportunities through the GEAR-uP initiative, which aims for government-linked investment companies (GLICs) to increase domestic direct investment to RM120 billion over the next five years, making a significant contribution to the sustainability of the nation’s economy.

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.

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. 

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.

Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF

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).   

Pharma And Healthcare Expo 2024 To Boost Malaysia As Regional Healthcare Hub

KUALA LUMPUR, Oct 18 (Bernama) -- The inaugural Malaysia Pharma and Healthcare Expo 2024 to be held at the Malaysia International Trade and Exhibition Centre (MITEC) from Oct 22-24, is set to boost Malaysia’s healthcare industry by promoting innovative products, fostering partnerships, and attracting investments in medical devices and pharmaceutical products.

Malaysia Needs RM85.7 Bln R&D Investment To Achieve NSTIP 2021-2030 Targets - MOSTI

KUALA LUMPUR, Oct 17 (Bernama) -- A total investment of RM85.7 billion in research and development (R&D) is required to achieve the targets set by the National Science, Technology and Innovation Policy (NSTIP) 2021-2030, according to the Ministry of Science, Technology, and Innovation (MOSTI).