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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.

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.

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 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). 

Malaysia Actively Seeks BRICS Support For Membership - Liew

KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia is actively seeking support from BRICS member countries for its bid to join the economic bloc, Deputy Investment, Trade and Industry Minister Liew Chin Tong said.

Malaysia Space Industry Consortium Inducted Into International Astronautical Federation

KUALA LUMPUR, Oct 16 (Bernama) -- The induction of the Malaysia Space Industry Consortium (MASIC) into the International Astronautical Federation (IAF) at the 75th International Astronautical Congress (IAC) highlights Malaysia’s rapidly advancing space sector. 

Budget 2025: Be Supportive of OGSE Sector to Continue Growth Trajectory - MPRC

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia Petroleum Resources Corporation (MPRC) is optimistic the tabling of Budget 2025 will create a supportive environment for the oil and gas services and equipment (OGSE) sector to continue its growth trajectory following its recovery from recent challenging years.

Several ASEAN Countries Also Interested In Joining BRICS -- PM Anwar

KUALA LUMPUR, Oct 15 (Bernama) -- Several ASEAN countries have shown interest in joining the BRICS grouping after Malaysia expressed its intention to be part of the economic bloc, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia To Continuously Assess BRICS Engagement For Economic Benefits 

KUALA LUMPUR, Oct 14 (Bernama) --The government will continuously assess the development of the BRICS bloc to ensure that Malaysia’s involvement brings significant benefits to the country, in line with the economic policies such as the MADANI Economic Aspirations and the New Industrial Master Plan 2030.

MDEC Highlights Need For Global Exposure To Boost Local Digital Tech Expansion, Talent Development

By Nurunnasihah Ahmad Rashid

DUBAI, Oct 13 (Bernama) — The Malaysia Digital Economy Corporation (MDEC) emphasises the importance of exposing local digital technology companies to international best practices to help them expand beyond the Malaysian market, attract foreign investment, and nurture talent.

Duck Creek To Provide Comprehensive Risk Management, Mitigation Solutions Via RCT Acquisition

KUALA LUMPUR, Oct 11 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies Inc (RCT), a Toronto-based provider of risk management and loss control solutions.

MGA: Gas Industry Players Need Equal Attention In Budget 2025

KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysian Gas Association (MGA) calls for the government to prioritise the gas industry in Budget 2025 to ensure Malaysia’s sustainable transition to a low-carbon economy.