KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit traded higher against the US Dollar in today’s early session, extending positive momentum from last week, driven by continued buying interest towards the local currency, said an analyst.
KUALA LUMPUR, Oct 20 (Bernama) -- Kenanga Investment Bank (Kenanga IB) sees Budget 2025 as modestly expansionary, with the government aiming to strike a balance between economic growth and fiscal consolidation.
PUTRAJAYA, Oct 20 (Bernama) — The largest allocation in history of RM421 billion for Budget 2025 is the result of good governance, prudent fiscal discipline and the country's rapid economic growth, said Economy Minister Rafizi Ramli.
KUALA LUMPUR, Oct 19 (Bernama) -- The federal government’s narrower deficit of RM80 billion next year, which is RM4.3 billion below the revised estimate of RM84.3 billion this year, suggests milder net borrowing requirements next year, CIMB Securities Sdn Bhd said today.
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.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 19 (Bernama) -- The ringgit is expected to remain stable next week although it may face downward pressure due to the current bullish outlook of the US dollar.
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.
KUALA LUMPUR, Oct 18 (Bernama) -- The gross domestic product (GDP) growth assumption of 4.5 to 5.5 per cent for 2025 is reasonable, said OCBC senior ASEAN economist Lavanya Venkateswaran said.
KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Oct 18 (Bernama) -- Petroleum-related revenue is expected to register a lower collection of RM62 billion, accounting for 18.3 per cent of the federal government's total revenue in 2025.
KUALA LUMPUR, Oct 18 (Bernama) -- The federal government revenue is estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MoF).
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.
