1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM900 million for the “Program Residensi Rakyat” (PRR) and “Rumah Mesra Rakyat” housing schemes under Budget 2025 is set to address the critical need for more affordable housing options in the face of economic uncertainty.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia’s international reserves stood at US$119.6 billion (US$1=RM4.30) as at Oct 15, 2024, compared to US$119.7 billion on Sept 30, 2024.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Tan Sri Rafidah Aziz suggested to the government that the provision of targeted subsidies that will be implemented next year should be refined by carrying out a cost-benefit analysis to ensure that the plans benefit the people.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) is set to reinforce its role within the New Industrial Master Plan (NIMP 2030) ecosystem by providing financing to deserving Malaysian companies, including micro, small and medium enterprises (MSMEs).
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM20 million to revitalise idle private rubber plantations and RM60 million for latex production under the Rubber Industry Smallholders Development Authority (RISDA) are significant steps forward in supporting the growth and sustainability of the rubber glove industry.
1y ago
By M. Saraswathi
KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) — The MADANI government has demonstrated improved consistency in its economic framework with the tabling of Budget 2025 last Friday, while also addressing the need to enhance the country’s economic complexity.
1y ago
ISKANDAR PUTERI, Oct 21 (Bernama) -- The allocation of RM421 billion under the MADANI Budget 2025 will set a strong foundation for revitalising the economy, driving positive change and ensuring the well-being of Malaysians, Iskandar Investment Berhad (IIB) president and chief executive officer Datuk Idzham Mohd Hashim said.
1y ago
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).
1y ago
GEORGE TOWN, Oct 21 (Bernama) -- Budget 2025 shows that the Federal Government is serious about enhancing the field of research and development (R&D) as well as the development of science and technology in the country.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 announced on Friday (Oct 18) is very people-friendly and meets Prime Minister Datuk Seri Anwar Ibrahim's desire to tackle the issue of rising cost of living, said an analyst.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- The allocation of RM470 million for financing funds aimed at supporting women-led micro, small and medium enterprises (MSMEs) will play a crucial role in assisting women entrepreneurs in securing working capital, acquiring assets, and expanding their business capacity to higher levels.