Budget 2025 Measures Show Strong Support For Semiconductor Sector - Tengku Zafrul

KUALA LUMPUR, Oct 22 (Bernama) -- Budget 2025 has set aside sizable funds, both fiscal and non-fiscal, towards ensuring the success of the National Semiconductor Strategy (NSS), which is part of the New Industrial Master Plan 2030 (NIMP 2030).

Gamuda Secures RM4.3 Bln Turnkey Contract For Xizhi Donghu MRT Project In Taiwan

KUALA LUMPUR, Oct 22 (Bernama) -- Gamuda Bhd, together with two Taiwanese-based companies, MiTAC Information Technology Corp and Dong Pi Co, Ltd, have secured a RM4.3 billion turnkey design and build contract for the Xizhi Donghu Mass Rapid Transit (MRT) project in Taiwan.

Ringgit Opens Flat Vs US Dollar Amid Cautious Economic Sentiment

By Zarul Effendi Razali

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened nearly flat against the US dollar on Tuesday, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.

BMI: Budget A Positive Step Towards Malaysia's Goal Of Narrowing Budget Deficit To 3.5 Pct By 2027

KUALA LUMPUR, Oct 21 (Bernama) -- The 2025 Budget, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Oct 18, marked a positive step towards Malaysia’s medium-term goal of narrowing its budget deficit to 3.5 per cent by 2027.

MYEG, Heitech Padu Commence Partnership For e-gov't Projects

KUALA LUMPUR, Oct 21 (Bernama) -- MY E.G. Services Bhd (MYEG) and Heitech Padu Bhd today announced the commencement of their partnership to ensure the successful implementation of various e-government projects in Malaysia.

KIGIP Industrial Park Development Implementation Among The Fastest In History - Tengku Zafrul

KUALA LUMPUR, Oct 21 (Bernama) -- The implementation of the Kerian Integrated Green Industrial Park (KIGIP) development is one of the fastest in history, with planning permission approval obtained in less than three months from the launch date.

MBI-BIZAPP Collaborate To Empower 50,000 MSMEs In Selangor

KUALA LUMPUR, Oct 20 (Bernama) -- Bizapp Ventures Sdn Bhd (BIZAPP) and Selangor Menteri Besar (Incorporated) (MBI) have signed a Memorandum of Cooperation, aimed at empowering 50,000 Micro, Small, and Medium Enterprises (MSMEs) in Selangor to transition to digital operations, over the next five years.

Biggest Budget Allocation Due To Good Governance, Fiscal Discipline - Rafizi

PUTRAJAYA, Oct 20 (Bernama) — The largest allocation in history of RM421 billion for Budget 2025 is the result of good governance, prudent fiscal discipline and the country's rapid economic growth, said Economy Minister Rafizi Ramli.

Rubber Market Likely To Trade Range-bound With Higher Bias Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 19 (Bernama) -- The local rubber market is expected to trade range-bound with an upside bias next week, driven primarily by replenishment activities, according to industry expert Denis Low.

Bursa Malaysia To Trade On Cautious Mode Next Week As Investors Digest Budget 2025

KUALA LUMPUR, Oct 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hold steady within a narrow band of 1,655 to 1,665 as investors digest the national Budget 2025 announcement by Prime Minister Datuk Seri Anwar Ibrahim on Friday.

Veea, Indonesia’s ICT To Provide Advanced Wireless Connectivity, Asset Tracking In Southeast Asia

KUALA LUMPUR, Oct 18 (Bernama) -- Veea has partnered with Inti Cakrawala Teknologi (ICT), a next-gen digital connectivity solutions provider, to bring advanced connectivity solutions and asset tracking for ICT’s mining and energy clients in Indonesia and throughout Southeast Asia.

Rubber Market Ends higher On Crude Recovery, Shanghai Futures Uptick 

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 18 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by a rebound in benchmark crude oil prices and an increase in Shanghai rubber futures amid concerns over limited natural rubber supply caused by adverse weather in producing countries.