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Budget 2025 Sets Solid Foundation For 13MP - MARC

KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 sets a solid foundation to achieve growth of between 4.5 per cent and 5.5 per cent, providing a strong framework for the upcoming 13th Malaysia Plan (13MP), as 2025 marks the final year of the 12MP, said Malaysian Rating Corporation Bhd (MARC).

Profit-taking Hits Heitech Padu After RM892 Mln NIISe Contract News

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.

SST Expansion To Offset Fall In Oil-Related Revenue, Creates Robust Tax System

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.

2025 GDP Growth Forecast Of 4.5-5.5 Pct Is Reasonable, Says Economist

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.

Banking Industry Views Budget 2025 As Positive Step Towards Sustainable, Inclusive Economy

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. 

Highlights From Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.

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.

Singapore-based Talendy Holdings To Grow Asia Pacific Businesses 

KUALA LUMPUR, Oct 17 (Bernama) -- Tech Japan, a human resources (HR) tech venture specialising in recruitment platform solutions called “Talendy” for highly skilled Indian talent in the technology sector, has announced the establishment of Talendy Holdings in Singapore.

Cebu Pacific Set For Robust Growth In 2025, Buoyed By Lower Fuel Costs, Strategic Expansion

By Kisho Kumari Sucedaram

MANILA, Oct 17 (Bernama) -- Cebu Pacific, the Philippines’s low-cost carrier, is poised for significant growth next year, buoyed by declining fuel prices, appreciation of the Philippine peso and strategic expansion of its fleet and route network.

Budget 2025 To Help Those Caught In Relentless Struggle Against Rising Cost Of Living

KUALA LUMPUR, Oct 17 (Bernama) – Budget 2025 will be a delicate balance between maintaining economic growth and ensuring that the welfare of the most vulnerable segments of society comprising low-income earners, single mothers and people with disabilities are looked after against a backdrop of rising prices.

MAVCOM On Track To Meet Passenger Traffic forecast Of Up To 97.6 Million This Year

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) is expected to meet its narrowed down passenger traffic forecast of between 95.4 million and 97.6 million passengers this year supported by the continued robust recovery of the Malaysian aviation sector in the first six months of 2024 (1H2024).