LATEST NEWS   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 | ACCCIM urges govt to introduce export credit schemes and reduce import duties on raw materials to help SMEs adapt to new trade policies by major economies | Parliament opening ceremony: King's address filled with messages, must be understood by both gov't and opposition MPs - Fahmi | 

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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.

Anwar Unveils Substantial Budget 2025, Catalyzing Economy, Hastening Reforms

KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 worth RM421 billion, the biggest in history, is strategically aligned with the MADANI Economy framework, focuses on attracting high-quality investments, stimulating business opportunities, undertaking projects for the wellbeing of the rakyat and not impacting their affordability in purchasing essential goods and services.

EBC Expands Services For HNWIs, Institutional Investors With Second AFSL

KUALA LUMPUR, Oct 16 (Bernama) -- In a significant move toward expanding its global asset management footprint, EBC Financial Group (EBC) has successfully obtained an Australian Financial Services Licence (AFSL) for Asset Management from the Australian Securities & Investments Commission (ASIC).

MPOC Expects CPO Prices To Stay Above RM4,000 In October Amid Market Fluctuations

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council (MPOC).

MSPO Certification: A Step Towards Sustainability, Impact And Challenges For Smallholders

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.

Govt Only Borrows To Fund Fiscal Deficit, Maturing Debt - Amir Hamzah

 KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively. 

BlueScope’s ASEAN Award To Honour Regional Excellence In Steel Architecture

KUALA LUMPUR, Oct 15 (Bernama) -- NS BlueScope announced the 2024 BlueScope Steel Architectural Awards ASEAN is now open to projects harnessing the company’s steel in Indonesia, Malaysia, Thailand and Vietnam.

Northeast Group Seeks More Details From Govt On NSS Initiatives In Budget 2025

KUALA LUMPUR, Oct 15 (Bernama) -- ACE Market debutant Northeast Group Bhd has urged the government to provide more details on the National Semiconductor Strategy (NSS) as it seeks a clearer understanding of how the government plans to assist industry players in the upcoming Budget 2025.

RHB Positive On Guan Chong MoU With Ivory Coast's CCC, Maintains 'Buy' Call

KUALA LUMPUR, Oct 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd's (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast's Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivoire (CI). 

Qiandongnan Sees Robust Tourism Growth Along China's Rural Tourism Highway 1

KUALA LUMPUR, Oct 9 (Bernama) -- China's Rural Tourism Highway 1 has welcomed over 25 million visitors and generated a tourism revenue of more than 12 billion Chinese yuan, showcasing the vigorous development of tourism in Qiandongnan, in the first eight months of this year. (100 Chinese yuan = RM60.62)

Crest Group Seeks Govt Support For Semiconductor Talent In Budget 2025 

KUALA LUMPUR, Oct 9 (Bernama) -- Crest Group Bhd, a debutant on the ACE Market, is urging the government to prioritise talent development and attract foreign investments to bolster the growth of the semiconductor sector in the upcoming Budget 2025.

Youth Hoping For Increase In PTPK Fund, Early Childhood Education Centers In 2025 Budget

By Afifitri Muhammad

KUALA LUMPUR, Oct 9 (Bernama) -- An increase in the Skill Development Fund Corporation (PTPK) and a rise in the number of government-supervised early childhood education centres are among the key expectations of the youth in the country for Budget 2025 to be tabled in Parliament this Oct 18.