Budget 2025 To Attract More Quality Investments, Making Malaysia Preferred Investment Destination - MIDA

KUALA LUMPUR, Oct 22 (Bernama) -- The initiatives tabled in Budget 2025 enable Malaysia to attract more high-quality, innovative and sustainable investments, making Malaysia a preferred investment destination in the Southeast Asian region, said the Malaysian Investment Development Authority (MIDA).

Budget 2025: RM900 Mln Affordable Housing Allocation To Impact First-time Homebuyers -- PropertyGuru

KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM900 million for the “Program Residensi Rakyat” (PRR) and “Rumah Mesra Rakyat” housing schemes under Budget 2025 is set to address the critical need for more affordable housing options in the face of economic uncertainty.

JBIC Commits To Enhancing Japanese Investments In Malaysia - PM Anwar

KUALA LUMPUR, Oct 22 (Bernama) -- The Japan Bank for International Cooperation (JBIC) has expressed its commitment to enhancing existing investments by attracting more Japanese investors to Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Ends Easier As Consolidation Phase Continues 

By Karina Imran

KUALA LUMPUR, Oct 22 (Bernama) --  Bursa Malaysia ended in negative territory today as it continued its consolidation phase due to a lack of buying catalysts, said an analyst. 

Perform Cost-Benefit Analysis For Targeted Subsidies - Rafidah

KUALA LUMPUR, Oct 22 (Bernama) -- Tan Sri Rafidah Aziz suggested to the government that the provision of targeted subsidies that will be implemented next year should be refined by carrying out a cost-benefit analysis to ensure that the plans benefit the people.

Bursa Malaysia Marginally Lower At Midday In Cautious Trading 

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia edged down at the midday break amid a mixed and cautious regional market performance.

Anwar: EXIM Bank, SME Bank, BPMB Merger Still Ongoing

KUALA LUMPUR, Oct 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the merger of Bank Pembangunan Malaysia Bhd, Exim Bank, and SME Bank is still in progress, and the focus on small and medium enterprises (SMEs) will continue.

Rafizi To Present On Key Issues Affecting Global South In BRICS Summit

PUTRAJAYA, Oct 22 (Bernama) -- Minister of Economy Rafizi Ramli is scheduled to deliver Malaysia’s national statement at the BRICS Outreach/BRICS Plus Summit in Kazan, Russia, on Oct 24, 2024.

Govt Allocation To Revitalise Rubber Plantations Supports Glove Industry Growth - MARGMA

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM20 million to revitalise idle private rubber plantations and RM60 million for latex production under the Rubber Industry Smallholders Development Authority (RISDA) are significant steps forward in supporting the growth and sustainability of the rubber glove industry.

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.

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.

The Ascott, Instant Icon Ink Deal To Develop Luxury Condos In Batu Ferringhi

GEORGE TOWN, Oct 21 (Bernama) -- Singaporean real estate and lodging company The Ascott Ltd is partnering with Malaysian developer Instant Icon Sdn Bhd to develop Ascott Residences Batu Ferringhi, which is set to welcome residents from January 2028 onwards.