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 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). 

Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).   

Household Spending To Grow By 5 Pct  Y-o-y Over 2025 To RM952.6 Billion - BMI

KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.

MIDA On Track To Achieve RM2.5 Bln Green Investment Goal At IGEM 2024

KUALA LUMPUR, Oct 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is on track to achieve its target of RM2.5 billion in investments from green investment leads at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024.

Strong China-Malaysia Ties Key Factor In Driving Investments: Analysts

KUALA LUMPUR, Oct 17 (Bernama-Xinhua) -- Longstanding and stable relations with China are a key consideration for investors seeking to expand into Southeast Asia, with the strength of China-Malaysia ties making Malaysia a top destination for Chinese enterprises, analysts said on Thursday.

MDEC CEO Says Public-private Partnerships Key To Driving Asean’s Digital Economy

KUALA LUMPUR, Oct 17 (Bernama) -- Public-private partnerships (PPPs) are expected to play a crucial role in shaping ASEAN’s future, particularly in driving the digital economy forward as they are the backbone of progress, said Malaysia Digital Economy Corporation (MDEC) chief executive officer (CEO) Anuar Fariz Fadzil. 

BIMP-EAGA Must Continue To Strengthen Cooperation To Address Development Gaps

KOTA KINABALU, Oct 16 (Bernama) -- The Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA) must continue to strengthen cooperation and work closely together to address development gaps, said Sabah Deputy Chief Minister II Datuk Seri Dr Joachim Gunsalam.

BEV Sales Surge 112 Pct In 1H2024, Reaching 6,617 Units - Tengku Zafrul

KUALA LUMPUR, Oct 16 (Bernama) -- A total of 6,617 battery-powered electric vehicles (BEVs) were sold in the first half of 2024 (1H2024) marking a significant 112 per cent year-on-year surge in the electric vehicle (EV) market, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Bursa Malaysia Ends Lower In Sync With Most Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region following a negative cue from global equities overnight with strong selling In technology stocks, said an analyst. 

Invest Selangor Targets 10 Companies To Join Its Lab Partnership Programme By End-2024

KUALA LUMPUR, Oct 16 (Bernama) -- Invest Selangor Bhd aims to have 10 life sciences-based companies join its Selangor Lab Partnership Programme by the end of this year.