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Petroleum-related Revenue Set to Drop Further to RM62 Bln In 2025 -- MoF Report

KUALA LUMPUR, Oct 18 (Bernama) -- Petroleum-related revenue is expected to register a lower collection of RM62 billion, accounting for 18.3 per cent of the federal government's total revenue in 2025.

Federal Govt Revenue to Grow 5.5 pct To RM339.7 Bln In 2025 -- MoF Report

KUALA LUMPUR, Oct 18 (Bernama) -- The federal government revenue is estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MoF).

Anwar Unveils Substantial Budget 2025, Catalyzing Economy, Hastening Reforms

KUALA LUMPUR, Oct 18 (Bernama) -- Budget 2025 worth RM421 billion, the biggest in history, is strategically aligned with the MADANI Economy framework, focuses on attracting high-quality investments, stimulating business opportunities, undertaking projects for the wellbeing of the rakyat and not impacting their affordability in purchasing essential goods and services.

Imminent Surge In US Power Demand Challenges Utilities Companies - Wood Mackenzie 

KUALA LUMPUR, Oct 18 (Bernama) -- Wood Mackenzie in its latest Horizons report revealed that the United States (US) power demand is set to soar for the first time in decades, with growth between four per cent and 15 per cent through 2029, depending on the region.

Malaysian Labour Market Projected To Remain Stable In 2025

KUALA LUMPUR, Oct 18 (Bernama) – The Malaysian labour market is projected to remain stable in 2025, boosted by better domestic and foreign economic growth prospects.

Global Economic Growth To Be Stable, Inflation Lower To 4.4 Pct In 2025

KUALA LUMPUR, Oct 18 (Bernama) -- The global economic outlook is expected to improve steadily next year, which will indirectly help boost trade and local demand for goods and services.

Budget 2025 Allocates RM421 Bln, 3.3 Pct increase From Last Year's Allocation

KUALA LUMPUR, Oct 18 (Bernama) – The government has allocated RM421 billion, or 20.2 per cent of the gross domestic product (GDP), for Budget 2025, a 3.3 per cent rise from RM407.5 billion in the revised Budget 2024.

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).   

GEM Education Pledges RM100 Mln To ASEM For Semiconductors Talent Development

KUALA LUMPUR, Oct 18 (Bernama) -- Global EduTech Management Group (GEM Education), a company registered in Hong Kong, has pledged to support RM100 million for the Advanced Semiconductor Academy of Malaysia (ASEM), which will focus on developing world-class talent and providing industry-relevant education for a digital future driven by semiconductors.

Main Market-bound Azam Jaya Bhd Aims To Raise RM61.5 Mln From IPO

KUALA LUMPUR, Oct 18 (Bernama) – Sabah-based major road infrastructure construction player, Azam Jaya Bhd aims to raise RM61.5 million from its initial public offering (IPO), pursuant to its listing on the Main Market of Bursa Malaysia on Nov 11, 2024.

 

Pelaburan Hartanah, IJN Sign MoU To Explore Expansion Of Healthcare Facilities

KUALA LUMPUR, Oct 18 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has partnered with IJN Holdings Sdn Bhd (IJN) for the future expansion of the National Heart Institute’s (IJN) healthcare facilities.

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.