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KUSKOP, MoF, KESUMA To Address Minimum Wage Impact On MSMEs - Ewon

KUALA LUMPUR, Nov 11 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is set to address the impact of minimum wages on micro, small, and medium enterprises (MSMEs) with the Ministry of Finance (MoF) and the Ministry of Human Resources (KESUMA).

Malaysia Has Great Potential In Downstream REE Industry, Supporting EV Manufacturing -- Nik Nazmi

KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia has a great potential in the downstream rare earth elements (REE) industry as a super magnet-producing country, particularly for supporting the growth of the electric vehicle (EV) manufacturing industry, the Dewan Rakyat was told today.

Malaysia Records RM45.04 Billion In Halal Product Exports From January To September 2024 -- MITI

KUALA LUMPUR, Nov 7 (Bernama) -- From January to September 2024, Malaysia’s halal product exports increased to RM45.04 billion compared to RM39.36 billion in the same period in 2023.

Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025

KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

MP Calls For Green Economy Focus In Malaysia's ASEAN 2025 Chairmanship

KUALA LUMPUR, Nov 5 (Bernama) -- In view of Malaysia’s impending ASEAN chairmanship next year, the government has been urged to make the green economy as one of its main agendas.

Islamic Finance set to revitalise the economy with three core principles - BNM

KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).

Green Energy Sector Can Attract Foreign Direct Investment To Malaysia

KUALA LUMPUR, Oct 28 (Bernama) -- The green energy sector has major potential to attract more foreign direct investment (FDI) to Malaysia as the world moves toward sustainable energy sources.

Fadillah Urges Multinationals To Partner With Local SMEs

KUALA LUMPUR, Oct 23 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof has encouraged multinational companies investing in Malaysia to collaborate with local small and medium enterprises (SMEs).

Guan Eng : Raise Tax Threshold To Help Ease SMEs' Minimum Wage Burden

KUALA LUMPUR, Oct 22 (Bernama) -- The government is urged to assist small and medium enterprises (SMEs) by raising the taxable income threshold for the 15 per cent tax rate from RM150,000 to RM300,000, following the introduction of the new RM1,700 minimum wage.

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.

Budget 2025 Shows Consistency, But More Effort Needed To Boost Economic Complexity - Economist

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.

Govt Mulling Utilising Databases, E-Wallets For Two-Tier RON95 Subsidies

KUALA LUMPUR, Oct 21 (Bernama) – The government is considering using databases linked to identification cards, along with e-wallets and debit cards as part of the mechanism for the two-tiered pricing system for RON95 petrol subsidies.