1y ago
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.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government has approved Forest City as a Duty-Free Island to promote tourism and stimulate local economic activities, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
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.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The development allocation for Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively, making them among the highest in the country.
1y ago
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.
1y ago
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.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim tabled the Supply (Budget) Bill 2025 in the Dewan Rakyat today.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government will continue to review and determine appropriate policy changes for subsidy retargeting as part of its ongoing efforts to strengthen the national economy and ensure sustainable fiscal management.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is committed to implementing the Global Minimum Tax (GMT) in 2025, according to the Ministry of Finance (MOF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) – The government has allocated RM421 billion, or 20.2 per cent of the gross domestic product (GDP), for Budget 2025, a 3.3 per cent rise from RM407.5 billion in the revised Budget 2024.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- The implementation of initiatives outlined in the National Artificial Intelligence (AI) Roadmap 2021-2025 has reached 63 per cent completion as of the third quarter (3Q) of 2024.