MATRADE Eyes RM1 Bln Sales From MIHAS@Dubai
KUALA LUMPUR, Oct 22 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) targets RM1 billion in export sales from the upcoming MIHAS@Dubai at the Dubai World Trade Centre.
| LATEST NEWS | Mandatory EPF contributions for foreign workers, at two per cent each for workers and employers - Steven Sim | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | |
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Great Eastern Takaful Named Best Takaful Solution Provider 2024, Wins ESG Initiative Award
KUALA LUMPUR Oct 22 (Bernama) -- Great Eastern Takaful Bhd (GETB) has achieved significant milestones, being named Best Takaful Solution Provider 2024 at the Global Islamic Finance Awards (GIFA) and receiving the Initiative Award - Upcycling from the ESGBusiness Awards.
Govt Expected To Continue Fiscal Consolidation Measures To Reduce Debt
KUALA LUMPUR, Oct 21 (Bernama) -- The government is expected to continue its fiscal consolidation measures as part of the debt management strategy following the reported decrease in new debt, which is forecast to fall to RM80 billion by 2025.
The Father Of Malaysian Islamic Banking, Abdul Halim Ismail Passes Away
KUALA LUMPUR, Oct 20 (Bernama) -- The Father of Malaysian Islamic Banking, Datuk Dr Abdul Halim Ismail, passed away at the age of 85 this morning.
Budget 2025 To Facilitate More Broad-based Wealth Creation In Capital Market
KUALA LUMPUR, Oct 19 (Bernama) -- The measures in Budget 2025 are set to ensure that the capital market can facilitate greater and more broad-based wealth creation, said Securities Commission Malaysia.
CGS Malaysia: Budget 2025 To Position Malaysia Competitively, Reinforce Its Global Leadership In Islamic Finance
KUALA LUMPUR, Oct 19 (Bernama) -- The government’s measures and incentives under Budget 2025 prioritise the nation’s competitiveness, especially in positioning Malaysia as an investment and business destination and a strong trading partner, said CGS Malaysia.
Tax Break Proposed For Labuan Takaful, Islamic Finance - MoF
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption for Labuan commercial entities conducting Islamic financial activities, including Labuan takaful and eligible related businesses, according to the Ministry of Finance (MoF).
Banking Industry Views Budget 2025 As Positive Step Towards Sustainable, Inclusive Economy
By Karina Imran
KUALA LUMPUR, Oct 18 (Bernama) -- Financial institutions viewed Budget 2025 as a positive step towards achieving a sustainable, inclusive economy while maintaining fiscal responsibility and social justice.
Govt Allocates RM100 Mln Matching Fund To Spur Innovation In Islamic Financing
KUALA LUMPUR, Oct 18 (Bernama) -- The government has allocated a RM100 million matching fund to spur innovation in Islamic financing based on Islamic values so that it no longer depends on Shariah-compliant products similar to conventional ones.
RHB Concludes RM800 Mln Sukuk Issuance
KUALA LUMPUR, Oct 18 (Bernama) -- RHB Bank Bhd has completed its fourth issuance of RM800 million in nominal value Senior Sukuk Murabahah under its RM10 billion in nominal value Sukuk Murabahah Programme.
Govt Gross Borrowing Seen Lower At 10 Pct Of GDP In 2025
KUALA LUMPUR, Oct 18 (Bernama) – The Federal Government's gross borrowings are expected to consolidate further post-pandemic, reducing to 10 per cent of gross domestic product (GDP) next year from 13.6 per cent in 2021.