Malaysia Calls On French Business Community To Enhance Cooperation For ASEAN Prosperity

KUALA LUMPUR, Nov 4 (Bernama) -- The government has called on the French business community in the country to enhance cooperation as Malaysia assumes the ASEAN chair next year to create a prosperous community, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

MIDF Aims To Allocate RM200 Mln To SMEs Through Future Ready Financing Initiative

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysian Industrial Development Finance Bhd (MIDF) aims to allocate RM200 million to small and medium enterprises (SMEs) through the newly launched Future Ready Financing (FRF) initiative. 

Takaful Ikhlas Named Takaful Solution Brand Of The Year

KUALA LUMPUR, Oct 30 (Bernama) -- Takaful IKHLAS, a wholly-owned subsidiary of MNRB Holdings Bhd (MNRB) has been named the Takaful Solutions Brand of the Year at the BrandLaureate World Halal BestBrands Awards 2024.

Malaysia's Economy Expands 5.3 Pct In 3Q, Says DOSM Advance Estimates

KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.

Govt Proposes 60 Pct Tax Exemption For Smart Logistic Companies - MoF

KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption equivalent to an investment tax allowance of 60 per cent on eligible capital expenditure for five years, to be offered to Smart Logistic Complex (SLC) companies, 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).   

Continuity Of Mega Projects To Drive Economic Growth, Job Creation -- Experts

By Abdul Hamid A Rahman and Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 17 (Bernama) -- The continuity of major infrastructure projects under Prime Minister Datuk Seri Anwar Ibrahim's MADANI government is poised to generate substantial spillover effects across the economy, fostering job creation, attracting investments, and enhancing connectivity, according to experts.

Bursa Malaysia Remains Higher At Midday

KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia remained higher at midday, buoyed by ongoing bargain hunting in selected heavyweights, particularly within the consumer and industrial products and services sectors, analysts said. 

FBM KLCI Ends Higher On Buying In Selected Stocks

By Rosemarie Khoo

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s market bellwether finished higher today, thanks to mild buying in consumer products and services, telecommunications and banking stocks, amid a mixed regional market performance.

ICT And E-Commerce Contribute RM427.7 Bln To GDP In 2023 - DoSM

KUALA LUMPUR, Oct 15 (Bernama) -- The Information and Communication Technology (ICT) industry, including e-commerce, has generated a total of RM427.7 billion to Malaysia’s gross domestic product (GDP) in 2023 compared to RM411.6 billion in 2022, according to the Department of Statistics Malaysia (DoSM). 

World Bank Upgrades Malaysia's Growth Forecast To 4.9 Pct For 2024

By Anas Abu Hassan

KUALA LUMPUR, Oct 8 (Bernama) -- The World Bank Group has upgraded Malaysia's economic growth forecast to 4.9 per cent in 2024 from its initial 4.3 per cent forecast set in April, according to Apurva Sanghi, its lead economist for Malaysia.

Malaysia’s GBS Sector Should Focus On Digital Impact, Talent Development To Maintain Competitive Edge - Expert

PETALING JAYA, Oct 6 (Bernama) -- While Malaysia ranks among the top three global business services (GBS) hubs in the world, primarily driven by its cost advantage, the country must also place greater emphasis on the digital impact and talent development to maintain its competitive edge.