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) -- Budget 2025 will lay the foundation for a digital and innovation-driven economy, positioning the country towards becoming a high-income nation, according to the Economic Outlook 2025 report released by the Finance Ministry today.
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 Federal Government's gross borrowings are expected to consolidate further post-pandemic, reducing to 10 per cent of gross domestic product (GDP) next year from 13.6 per cent in 2021.
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) -- Bursa Malaysia was higher across the board at midday today, in line with most regional peers and tracking Wall Street’s positive overnight performance, said an analyst.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia opened marginally higher on cautious trading ahead of Budget 2025 to be tabled later today, analyst said.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The ringgit traded slightly higher against the US dollar at the opening as traders anticipated that the local currency would trade sideways while focusing on next year's fiscal deficit targets, even as global banks continued to pursue easy monetary policies.
1y ago
By Abdul Hamid A Rahman and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 17 (Bernama) -- The continuity of major infrastructure projects under Prime Minister Datuk Seri Anwar Ibrahim's MADANI government is poised to generate substantial spillover effects across the economy, fostering job creation, attracting investments, and enhancing connectivity, according to experts.
1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- More than 10 companies have visited and initiated discussions on potentially investing in the Silver Valley Technology Park (SVTP), Perak, from the beginning of 2023 to the third quarter (3Q) of 2024, said the Ministry of Investment, Trade and Industry (MITI).
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 17 (Bernama) -- The MADANI Micro Financing Scheme by Bank Simpanan Nasional (BSN), introduced under Budget 2024, serves as a vital ‘lifeline’ for small and medium enterprises (SMEs) looking to strengthen working capital amidst economic uncertainties and natural disasters.
1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia remained higher at midday, buoyed by ongoing bargain hunting in selected heavyweights, particularly within the consumer and industrial products and services sectors, analysts said.