Highlights From Budget 2025
KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
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Forest City Secures Duty-free Island Status
KUALA LUMPUR, Oct 18 (Bernama) -- The government has approved Forest City as a Duty-Free Island to promote tourism and stimulate local economic activities, said Prime Minister Datuk Seri Anwar Ibrahim.
Budget 2025 Estimate The Highest Ever – PM Anwar
KUALA LUMPUR, Oct 18 (Bernama) – The RM421 billion Budget 2025 estimate is the highest ever announced, comprising allocations of RM335 billion for operating expenses and RM86 billion for development expenditure, excluding contingency reserves of RM2 billion.
Govt To Introduce New Investment Incentive Framework, RM1 Bln Strategic Investment Fund - Anwar
KUALA LUMPUR, Oct 18 (Bernama) -- A new Investment Incentive Framework will be introduced, including a strategic investment fund worth RM1 billion aimed at enhancing the capacity of local talent and encouraging high-value activities to be carried out in the country.
Petroleum-related Revenue Set to Drop Further to RM62 Bln In 2025 -- MoF Report
KUALA LUMPUR, Oct 18 (Bernama) -- Petroleum-related revenue is expected to register a lower collection of RM62 billion, accounting for 18.3 per cent of the federal government's total revenue in 2025.
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.
Economic Outlook: Budget 2025 To Lay Foundation For A Digital-driven Economy
KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 will lay the foundation for a digital and innovation-driven economy, positioning the country towards becoming a high-income nation, according to the Economic Outlook 2025 report released by the Finance Ministry today.
Malaysia Poised To Steer ASEAN Economic Prosperity Via Resources, Digital Infrastructure
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia is well positioned to advance ASEAN's economic prosperity and regional integration by leveraging its resources and digital infrastructure, bolstered by a stable government and effective policies, said the Ministry of Finance (MoF).
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.
Govt Committed To Implement Global Minimum Tax In 2025 - MOF
KUALA LUMPUR, Oct 18 (Bernama) -- The government is committed to implementing the Global Minimum Tax (GMT) in 2025, according to the Ministry of Finance (MOF).
JS-SEZ Aims To Create Economic Synergy Between Malaysia And Singapore As A Global Hub - MoF
KUALA LUMPUR, Oct 18 (Bernama) -- The establishment of the Johor-Singapore Special Economic Zone (JS-SEZ) is set to enhance the economic landscape of both Malaysia and Singapore, positioning them as a global hub along a key shipping route, said the Ministry of Finance (MoF).
Strong Economic Fundamentals, Ringgit Appreciation Boost Investor Confidence - MoF
KUALA LUMPUR, Oct 18 (Bernama) — Malaysia’s strong economic fundamentals and favourable growth prospects will enable the country to attract high-quality investments and position Malaysia as a preferred destination for investors.