1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Tenaga Nasional Bhd (TNB) is expected to see continuous stable returns from its hydropower plants following the implementation of the Hydro Life Extension Programme (HLEP), according to RHB Investment Bank Bhd (RHB IB).
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The 2025 Budget, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Oct 18, marked a positive step towards Malaysia’s medium-term goal of narrowing its budget deficit to 3.5 per cent by 2027.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) — The MADANI government has demonstrated improved consistency in its economic framework with the tabling of Budget 2025 last Friday, while also addressing the need to enhance the country’s economic complexity.
1y ago
ISKANDAR PUTERI, Oct 21 (Bernama) -- The allocation of RM421 billion under the MADANI Budget 2025 will set a strong foundation for revitalising the economy, driving positive change and ensuring the well-being of Malaysians, Iskandar Investment Berhad (IIB) president and chief executive officer Datuk Idzham Mohd Hashim said.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia moved in a tight range amid muted trading to close easier today, reflecting weak buying interest as investors paused to assess the details of Budget 2025, said an analyst.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 sets a solid foundation to achieve growth of between 4.5 per cent and 5.5 per cent, providing a strong framework for the upcoming 13th Malaysia Plan (13MP), as 2025 marks the final year of the 12MP, said Malaysian Rating Corporation Bhd (MARC).
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 21 (Bernama) -- The government is being asked to re-examine the classification of household income to prevent from missing out aid and petrol subsidies to those who really need them, said the Backbenchers Club today.
1y ago
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.
1y ago
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.
1y ago
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).
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 announced on Friday (Oct 18) is very people-friendly and meets Prime Minister Datuk Seri Anwar Ibrahim's desire to tackle the issue of rising cost of living, said an analyst.
1y ago
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.