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.

Budget 2025: Govt Allocates RM470 Mln To Empower Women's Participation In PMKS

KUALA LUMPUR, Oct 18 (Bernama) - The government allocated RM470 million for financing funds provided by SME Bank, Bank Simpanan Nasional, Bank Rakyat and MARA to support women's micro, small and medium enterprises (PMKS) obtain working capital, purchase assets and increase business capacity to a higher level.

SME Bank Launches FundFest To Empower Entrepreneurs, Bridging The Financing Gap

KUALA LUMPUR, Oct 18 (Bernama) -- SME Bank Malaysia Bhd has launched the SME Bank FundFest 2024, aimed at providing budding entrepreneurs, innovative startups, and growing businesses with opportunities to access funding facilities and participate in knowledge exchange sessions.

Govt Gross Borrowing Seen Lower At 10 Pct Of GDP In 2025

KUALA LUMPUR, Oct 18 (Bernama) – The Federal Government's gross borrowings are expected to consolidate further post-pandemic, reducing to 10 per cent of gross domestic product (GDP) next year from 13.6 per cent in 2021.

Strong Economic Fundamentals, Ringgit Appreciation Boost Investor Confidence - MoF

KUALA LUMPUR, Oct 18 (Bernama) — Malaysia’s strong economic fundamentals and favourable growth prospects will enable the country to attract high-quality investments and position Malaysia as a preferred destination for investors.

Household Spending To Grow By 5 Pct  Y-o-y Over 2025 To RM952.6 Billion - BMI

KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.

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.

Malaysia Needs RM85.7 Bln R&D Investment To Achieve NSTIP 2021-2030 Targets - MOSTI

KUALA LUMPUR, Oct 17 (Bernama) -- A total investment of RM85.7 billion in research and development (R&D) is required to achieve the targets set by the National Science, Technology and Innovation Policy (NSTIP) 2021-2030, according to the Ministry of Science, Technology, and Innovation (MOSTI).

SC-Khazanah MoU To Catalyse Mid-tier Companies Access To Capital Market

KUALA LUMPUR, Oct 17 (Bernama) -- The Securities Commission Malaysia (SC) has inked a memorandum of understanding (MoU) with Khazanah Nasional Bhd (Khazanah) to support the growth and expansion of Malaysian mid-tier companies (MTCs).

BSN's MADANI Micro Financing: A Lifeline For SMEs In Challenging Times

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 17 (Bernama) -- The MADANI Micro Financing Scheme by Bank Simpanan Nasional (BSN), introduced under Budget 2024, serves as a vital ‘lifeline’ for small and medium enterprises (SMEs) looking to strengthen working capital amidst economic uncertainties and natural disasters.

Federal Govt's Debt Growth Expected To Decrease To 7.5 Pct At End-2024

KUALA LUMPUR, Oct 16 (Bernama) -- The federal government’s debt growth trend is expected to continue to decrease, ending 2024 at around 7.5 per cent compared to 8.6 per cent in 2023 and 10.2 per cent in 2022, according to the Ministry of Finance (MoF).

Chinese Companies Should Consider Malaysia As Regional Hub, Set Up Headquarters - Liew

By Zarul Effendi Razali

HAINAN (China), Oct 16 (Bernama) -- Chinese companies should consider Malaysia an ideal destination to set up regional headquarters, from which they can expand internationally through Malaysia, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.