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Govt Prioritises Inclusive Wealth Distribution To Ensure Fair Economic Growth - Economy Ministry

KUALA LUMPUR, March 5 (Bernama) -- The government consistently emphasises the importance of inclusivity by ensuring that the nation’s wealth is fairly distributed across all levels of society, said the Economy Ministry. 

Enhancing Skills And Productivity Can Boost Income - PM Anwar

KUALA LUMPUR, March 4 (Bernama) -- Productivity improvements can be achieved through upskilling programmes such as Technical and Vocational Education and Training (TVET), mastery of artificial intelligence (AI) technology, and the establishment of centres of excellence, said Prime Minister Datuk Seri Anwar Ibrahim. 

Malaysia Must Accelerate Productivity Growth To Keep Pace With Peers – Tengku Zafrul

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia’s productivity has shown growth, but not at a fast enough pace, especially when compared to other economies that were once at a similar level, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

E-Invoice Exemption Benefits Over 700,000 Small Traders - Amir Hamzah Azizan

KUALA LUMPUR, Feb 20 (Bernama) -- The government has granted an exemption of the e-invoice issuance to small traders with annual sales below RM150,000, benefitting over 700,000 small traders such as hawkers as they no longer need to issue e-invoices, said Finance Minister II Amir Hamzah Azizan.

GDP Growth Provides Many Direct Benefits For The People -- Amir Hamzah

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.

Malaysia's Architectural Services Should Emerge As Strong Contributor To total Services Trade -- Liew

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s architecture and professional design services should emerge as a strong contributor to the country’s total services trade due to their seamless blend of modern functionality and deep cultural heritage.

Malaysia's GDP Growth To Remain Solid At 4.9 Pct In 2025 - Investment Banks

KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s economic growth is expected to remain solid at 4.9 per cent year-on-year (y-o-y) in 2025, according to local investment banks.

Kenanga IB Maintains Malaysia's 2025 Distributive Trade Forecast At 6.5 Pct

KUALA LUMPUR, Feb 13 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained Malaysia’s distributive trade forecast at 6.5 per cent in 2025 from 5.5 per cent in 2024, driven by higher income prospects and tourism.

Services Sector Revenue Up 6.3 Pct To Record High Of RM2.4 Trillion In 2024 - DOSM

KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM) today. 

Tax Reforms Will Help Reduce Inequality In Malaysia -- World Bank

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.

Sunway REIT Net Profit Rises To RM524.75 Mln In FY2024, Declares 10 Sen DPU

KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.

MIDF: OPR Remains At 3 Pct This Year As The Current Setting Continues To Support Sustainable Economic Growth

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) at 3.00 per cent this year as the current setting remains accommodative to sustainable economic growth, said MIDF Amanah Investment Bank Bhd (MIDF).