MTA Unveils Maqasid Shariah Scorecard To Enhance Impact, Sustainability Of Takaful Industry

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Takaful Association (MTA) has launched the Maqasid Shariah Scorecard (MSS), a transformative initiative aimed at assessing the industry’s impact and sustainability. 

BNM: Takaful Industry Urged to Adopt Ta'awun Concept for Enhanced Social Cohesion, Wealth Distribution

KUALA LUMPUR, Oct 15 (Bernama) -- Takaful industry players are urged to embrace the aspirations of the recently issued exposure draft on the broader application of Ta`awun in takaful to explore new models in promoting social cohesion and wealth distribution.

Government To Look Into A 'Scorecard' For High-quality Investments - MITI

KUALA LUMPUR, Oct 15 (Bernama) -- The government is looking at having a clear scorecard focused on high-quality investments and incentives to align with the National Investment Aspirations (NIA) and New Industrial Master Plan (NIMP), said the Investment, Trade and Industry Ministry (MITI). 

Budget 2025: SME Bank Calls For Supportive Measures To Boost SME Growth 

KUALA LUMPUR, Oct 15 (Bernama) -- With Budget 2025 set to be announced this Friday, SME Bank Bhd is calling for strategic measures to support the growth of small and medium enterprises (SMEs), focusing on sustainability, financial resilience, and digital transformation.

Budget 2025 Set To Expand Tax Base With Expected Sugar Tax, HVGT, GloBE -- Economist

KUALA LUMPUR, Oct 14 (Bernama) -- The government is expected to unveil new tax measures in the upcoming Budget 2025, set to be tabled this Friday, as the tax base has shown limited growth since the Goods and Services Tax (GST) was abolished in 2018.

Federal Govt Records RM112.53 Mln Loss On Disposal Of Astronautic Shares - Audit Report

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government suffered a loss of RM112.53 million on the disposal of Astronautic Technology (M) Sdn Bhd shares, where the nominal value of shares worth RM112.58 million was sold for RM50,000.

Audit Report: Federal Govt's Financial Performance Improves In 2023, Achieves Surplus And Decrease In Deficit

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government recorded better financial performance in 2023 compared to 2022, with a surplus increase of RM2.028 billion and a deficit reduction of RM8.595 billion.

Ringgit Rises Against US Dollar On Budget 2025 Outlook

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.

There Has Been Robust Domestic Investments - PM Anwar

KUALA LUMPUR, Oct 13 (Bernama) — Malaysia’s impressive economic growth is not solely driven by foreign direct investment (FDI) but also by domestic investments, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia Set To Capture World's Attention With ASEAN 2025 Chairmanship - PM Anwar

KUALA LUMPUR, Oct 13 Okt (Bernama) —  As the chair of ASEAN 2025, Malaysia is set to capture the world’s attention by the end of this year and into next year, thereby unlocking significant economic opportunities for the entire nation, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt Will Only Implement GST If Minimum Wage Threshold Increases To RM3,000 - PM Anwar

KUALA LUMPUR, Oct 13 (Bernama) — The government will only implement the Goods and Services Tax (GST) if the  income threshold is at RM3,000-RM4,000, said Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2025 Takes Into Account Proposals From Industries, The People

PUTRAJAYA, Oct 13 (Bernama) -- Budget 2025 will take into account the views and recommendations of various parties, industries, and citizens across all walks of life which had been put forth during the various engagement sessions held nationwide.