1y ago
KUALA LUMPUR, Oct 4 (Bernama) -- According to the Malaysia Semiconductor Industry Association (MSIA), 53 per cent of companies in the electrical and electronics (E&E) and semiconductor sectors are optimistic about the business outlook for the fourth quarter of 2024 (4Q).
1y ago
SERDANG, Oct 3 (Bernama) -- The Ministry of Science, Technology and Innovation (MOSTI) is proposing an increase in allocation for research and development (R&D) under Budget 2025, said its minister Chang Lih Kang.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 3 (Bernama) -- The government needs to aid the growth of local companies by supporting technology acquisition and providing funding, which will help transform Malaysia into a global leader in the semiconductor and electrical and electronics (E&E) sector.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- CIMB Securities Sdn Bhd is projecting the fiscal deficit to narrow to 3.8 per cent of gross domestic product (GDP) in 2025 from an estimated 4.3 per cent this year, with the growth in government revenue expected to outpace operating expenditure (opex).
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Budget 2025 to responsibly walk the fiscal consolidation path, a lower fiscal deficit target from -4.3 per cent to -3.9 per cent, yet be supportive of gross domestic product (GDP) growth, subsidies savings and improved revenue channels.
1y ago
PUTRAJAYA, Oct 1 (Bernama) – Budget 2025 is set to see a substantial increase in allocations, driven by Malaysia's solid economic growth and rising government revenues, according to the deputy president of the Malaysian Economic Association, Professor Dr Yeah Kim Leng.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Key players in the maritime industry are calling for Budget 2025 incentives to stimulate growth and advance the green development agenda, specifically through support for low-emission vessel acquisition, green port investments and infrastructure expansion.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) --The government is still bearing the cost of diesel subsidies for eligible sectors, according to Economy Minister Rafizi Ramli.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Malaysia’s federal government budget deficit to narrow from 5.0 per cent of gross domestic product (GDP) in 2023 to 4.3 per cent in 2024, and further to 3.9 per cent in 2025.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- An allocation of RM403.7 billion is expected for Budget 2025, comprising RM305.7 billion and RM97.9 billion for operating and development expenditures, respectively, according to TA Securities Holdings Bhd.