1y ago
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.
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) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
1y ago
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.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- Infrastructure project flows will dominate Malaysia’s construction industry in the coming months as year-to-date (YTD) contract flows from the government have exceeded from last year, said RHB Investment Bank Bhd (RHB IB).
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysian National News Agency’s (Bernama) business portal, BERNAMABiz, goes live today, offering a dedicated news portal that provides comprehensive, real-time insights into the rapidly evolving business and economic landscape, both locally and globally.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- ACE Market debutant Northeast Group Bhd has urged the government to provide more details on the National Semiconductor Strategy (NSS) as it seeks a clearer understanding of how the government plans to assist industry players in the upcoming Budget 2025.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 15 (Bernama) -- It is the perfect time to introduce used cooking oil (UCO) futures in light of the growing emphasis on sustainability in the palm oil industry, according to an industry expert.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- With Budget 2025 set to be announced this Friday, SME Bank Bhd is calling for strategic measures to support the growth of small and medium enterprises (SMEs), focusing on sustainability, financial resilience, and digital transformation.
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- The government still has room to optimise its spending although there is a need to increase revenue, said Economy Minister Rafizi Ramli.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysia Productivity Corporation (MPC) has launched the electric vehicle and battery management (EVBM) guidelines to ensure public safety, environmental protection and the sustainability of Malaysia’s EV ecosystem.