BNM Draws Up Plan To Reduce Shareholding In Paynet -- MOF
KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has drawn up a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet).
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BNPL Loans At RM4.2 Bln As Of Sept 30, 2025 -- MOF
KUALA LUMPUR, Dec 3 (Bernama) -- The total buy now pay later (BNPL) scheme loans as of Sept 30, 2025 were RM4.2 billion covering seven million active account holders in the country, comprising 0.3 per cent of the total household indebtedness in Malaysia.
Malaysia Expected To Achieve 49 Pct Of SDG Targets By 2030 -- Hanifah Hajar
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia is expected to achieve 49 per cent of the 169 Sustainable Development Goals (SDG) targets by 2030 based on analysis of 2023 data, according to Deputy Economy Minister Datuk Hanifah Hajar Taib.
Govt Has Repaid RM42 Bln Of 1MDB Debts -- PM Anwar
KUALA LUMPUR, Dec 2 (Bernama) -- 1Malaysia Development Bhd's (1MDB) debts have not been fully settled, with total financial obligations exceeding RM50 billion, said Prime Minister Datuk Seri Anwar Ibrahim.
National Debt Gradually Repaid To Avoid Disrupting Country’s Development -- PM Anwar
KUALA LUMPUR, Dec 2 (Bernama) -- The government’s debt is being repaid in stages, following set timelines to ensure the repayment does not disrupt the country’s development, said Prime Minister Datuk Seri Anwar Ibrahim.
Govt Committed To Further Reducing New Debt In 2025 At RM75 Bln -- PM Anwar
KUALA LUMPUR, Dec 2 (Bernama) -- The government is committed to further reducing new debt in 2025, projected at about RM75 billion, said Prime Minister Datuk Seri Anwar Ibrahim.
Dewan Rakyat Passes Two Tax-Related Bills
KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.
Malaysia Aims To Achieve 35 Per Cent Skilled Workforce By 2030 - Tengku Zafrul
KUALA LUMPUR (Bernama) -- Malaysia aims to achieve a 35 per cent skilled workforce and 3.6 per cent productivity growth by 2030 as part of efforts to strengthen the nation’s competitiveness, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
Malaysia Has Clarified To China On ART - Tengku Zafrul
KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia has sent a delegation to China to provide information and clarification regarding the Agreement on Reciprocal Trade (ART) between Malaysia and the United States, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz today.
Govt Recovers RM31.2 Bln Related To 1MDB, SRC As Of September 2025
KUALA LUMPUR, Nov 27 (Bernama) -- From the establishment of the Asset Recovery Trust Account (AA MKA) in December 2018 until Sept 30, 2025, the government has recovered RM31.2 billion (including proceeds and foreign exchange adjustments) related to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC), said the Ministry of Finance (MOF).
MITI Urges MSMEs To Accelerate Smart Tech And Automation
KUALA LUMPUR, Nov 26 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI), is urging local firms, particularly micro, small and medium-sized enterprises (MSMEs), to accelerate adoption of smart technology and automation to boost efficiency, competitiveness, and value-added output.
Business Urged To Accelerate AI Adoption Ahead Of 2030 Target
PETALING JAYA, Nov 25 (Bernama) -- The government is urging industries to fast-track their shift to artificial intelligence (AI)-driven business models, stressing that the next five years will be critical as the nation moves towards its 2030 goal.