LATEST NEWS   3 pm: Voter turnout in Kinabatangan by-election stands at 50.37 per cent, Lamaq at 55.16 per cent - EC | Six polling centres for Kinabatangan by-election were closed at 3 pm - EC | By-elections: Five other polling centres closed in Kinabatangan, two in Lamaq as at 2 pm - EC | Govt committed to strengthening religious schools, pondok institutions as strongholds of faith and morals of the ummah - PM Anwar  | 1 pm: Voter turnout in Kinabatangan by-election stands at 43.23 per cent, Lamag at 44.50 per cent - EC | 

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NIMP 2030 Succeeds In Raising Value Added, Jobs, Median Salary In Manufacturing Sector -- Tengku Zafrul

KUALA LUMPUR, Oct 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) is confident of achieving the first-year targets of the New Industrial Master Plan 2030 (NIMP 2030), having already fulfilled three of the main indicators set, according to its minister Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia And Singapore’s Credit Bureaux Support Bank Lending - Moody’s

KUALA LUMPUR, Oct 21 (Bernama) -- Malaysia and Singapore are the two countries in ASEAN with well-established credit bureaux which aggregate extensive data from various sources, supported by the high level of banking penetration in their economies, according to Moody’s.

MITI Aims to Announce New Investment Incentive Framework By 1Q 2025

KUALA LUMPUR, Oct 21 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is finalising a New Investment Incentive Framework, targeted for announcement as early as the first quarter (1Q) of 2025, said its minister, Tengku Datuk Seri Zafrul Abdul Aziz.

Budget 2025 Aims For Growth And Elevated Living Standards - Analysts

KUALA LUMPUR, Oct 21 (Bernama) -- The measures outlined in Budget 2025 aim to reshape the economy by fostering growth and attracting quality investments while balancing fiscal consolidation, "raising the ceiling" for economic growth, and "raising the floor" to elevate living standards, according to analysts.

Budget 2025 Shows Gov't Serious About Enhancing Fields Of R&D, Science

GEORGE TOWN, Oct 21 (Bernama) -- Budget 2025 shows that the Federal Government is serious about enhancing the field of research and development (R&D) as well as the development of science and technology in the country.

Malaysia's Economy Expands 5.3 Pct In 3Q, Says DOSM Advance Estimates

KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.

Economy Ministry Begins Drafting 13MP, To Be Tabled In Parliament In 3Q 2025

KUALA LUMPUR, Oct 21 (Bernama) -- The Economy Ministry has initiated work on the 13th Malaysia Plan (13MP), which is expected to be tabled in Parliament in the third quarter of 2025.

SC Malaysia Adds 14 Clone Entities To Investor Alert List

KUALA LUMPUR, Oct 21 (Bernama) -- The Securities Commission (SC) Malaysia has updated its Investor Alert List to include 14 potential clone entities and five unauthorised entities as of 18 October 2024.

FBM KLCI Opens Marginally Higher 

By Karina Imran

KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia opened slightly higher in early trade but retreated thereafter due to mild profit-taking activities following significant gains from last week, said an analyst. 

Ringgit Extends Positive Momentum To Open Higher Against US Dollar

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.

Budget 2025 Adjustments In Export Tax Seen Helping Palm Oil Refining Industry Be More Competitive

KUALA LUMPUR, Oct 21 (Bernama) -- The adjustments in export tax under Budget 2025 will help the palm oil refining industry be more competitive, compared with Indonesia, according to Glenauk Economics.

Budget 2025 Seen Modestly Expansionary With Govt Trying To Balance Growth And Fiscal Consolidation

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.