1y ago
By Karina Imran
KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia opened slightly higher in early trade but retreated thereafter due to mild profit-taking activities following significant gains from last week, said an analyst.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- HeiTech Padu Bhd shares fell 4.61 per cent in early trade due to profit-taking following the announcement of a RM892.19 million contract secured for the National Integrated Immigration System (NIISe) project by the Immigration Department of Malaysia.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- Kenanga Investment Bank (Kenanga IB) sees Budget 2025 as modestly expansionary, with the government aiming to strike a balance between economic growth and fiscal consolidation.
1y ago
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.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The federal government’s narrower deficit of RM80 billion next year, which is RM4.3 billion below the revised estimate of RM84.3 billion this year, suggests milder net borrowing requirements next year, CIMB Securities Sdn Bhd said today.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- Budget 2025 emphasised people-centric infrastructure and sustainability that aligned with global real estate trends such as green building practices and transit-oriented developments, said Knight Frank Malaysia.
1y ago
SHAH ALAM, Oct 19 (Bernama) -- The Selangor State Development Corporation (PKNS) aims to develop over 6,600 acres of industrial land by 2030, creating a “Selangor New Growth Corridor”.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The increased stamp duty exemptions for micro, small, and medium enterprises (MSMEs) and the allocation of RM650 million for women and youth entrepreneurship in Budget 2025 laid a clear path for growth, said MBSB Bank.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- Budget 2025 is a step towards accelerating Malaysia’s clean energy transition and the company is eager to participate in the Kenyir Floating Hybrid Solar Farm, said Solarvest Holdings Bhd.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The gross domestic product (GDP) growth assumption of 4.5 to 5.5 per cent for 2025 is reasonable, said OCBC senior ASEAN economist Lavanya Venkateswaran said.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 18 (Bernama) -- Financial institutions viewed Budget 2025 as a positive step towards achieving a sustainable, inclusive economy while maintaining fiscal responsibility and social justice.