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.

Malaysian Labour Market Projected To Remain Stable In 2025

KUALA LUMPUR, Oct 18 (Bernama) – The Malaysian labour market is projected to remain stable in 2025, boosted by better domestic and foreign economic growth prospects.

Global Economic Growth To Be Stable, Inflation Lower To 4.4 Pct In 2025

KUALA LUMPUR, Oct 18 (Bernama) -- The global economic outlook is expected to improve steadily next year, which will indirectly help boost trade and local demand for goods and services.

Govt To Review Subsidy Policies For Economic Strength, Fiscal Sustainability – MoF

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.

Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF

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).   

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.

Strong China-Malaysia Ties Key Factor In Driving Investments: Analysts

KUALA LUMPUR, Oct 17 (Bernama-Xinhua) -- Longstanding and stable relations with China are a key consideration for investors seeking to expand into Southeast Asia, with the strength of China-Malaysia ties making Malaysia a top destination for Chinese enterprises, analysts said on Thursday.

Budget 2025: Call For Government To Address Labour Shortage In Automotive, EV Technology

KUALA LUMPUR, Oct 16 (Bernama) -- Additional funding should be allocated to the Ministry of Transport (MOT) in the upcoming Budget 2025 for electric vehicle (EV) skills training to attract interest and address the current workforce shortage in the automotive sector, particularly in EV technology.

MSPO Certification: A Step Towards Sustainability, Impact And Challenges For Smallholders

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.

Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.

Skills-related Underemployment Shows Declining Trend

KUALA LUMPUR, Oct 15 (Bernama) -- The skills-related underemployment (SRU) rate has continued to fall in line with improvements in the country's education level, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

Melaka Targets 70 Pct GTP Area To Be Filled With Investors Within Two Years

MELAKA, Oct 15 (Bernama) -- The Melaka government is aiming for approximately 70 per cent of the 186-hectare German Technology Park (GTP) currently under construction in Ayer Keroh, to be filled by investors within two years.