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.
| LATEST NEWS | Penang sets zakat fitrah rates at RM10, RM15 and RM25 this year - MAINPP | Body cameras will be rolled out in phases for Federal Territories' local authority enforcement personnel, starting fourth quarter this year - Hannah | MACC will investigate any case if there are new leads, even if it was previously classified as 'no further action' - Azam Baki | MACC's job is to recover misappropriated public funds, MOF determines how the money is redistributed - Azam Baki | Companies must actively manage currency risks through appropriate hedging and business strategies -- Johari Ghani | |
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NFOF Will Be Operational In November 2024 With Funding Of RM1 Bln - PM Anwar
KUALA LUMPUR, 18 Okt (Bernama) -- The National Fund-of-Funds (NFOF) established under Khazanah Nasional Bhd will operate in November 2024 with a RM1 billion fund, said Prime Minister Datuk Seri Anwar Ibrahim.
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.
GLICs Reiterate Commitment To Support MADANI Economy Framework
JOHOR BAHRU, Sept 30 (Bernama) -- Malaysia’s government-linked investment companies (GLICs) reiterated their joint commitment to support the MADANI Economy framework through targeted capital deployment in high-growth, high-value sectors.