BNM's International Reserves At US$119.6 Bln As At Oct 15, 2024
KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia’s international reserves stood at US$119.6 billion (US$1=RM4.30) as at Oct 15, 2024, compared to US$119.7 billion on Sept 30, 2024.
| LATEST NEWS | STAM results to be out on Feb 5 - MOE | Heritage buildings must continue serving as educational space, unifying and inspiring future generations - PM Anwar | Conservation of the Sultan Abdul Samad Building ensures that history continues to live, be understood and serve as a guide to face future challenges - PM Anwar | 3,164 schools classified as being under-enrolled as of November last year - Deputy Education Minister | King graces the completion of Phase 1 of the Sultan Abdul Samad Building Conservation | |
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Govt Expected To Continue Fiscal Consolidation Measures To Reduce Debt
KUALA LUMPUR, Oct 21 (Bernama) -- The government is expected to continue its fiscal consolidation measures as part of the debt management strategy following the reported decrease in new debt, which is forecast to fall to RM80 billion by 2025.
Tax Break Proposed For Labuan Takaful, Islamic Finance - MoF
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption for Labuan commercial entities conducting Islamic financial activities, including Labuan takaful and eligible related businesses, according to the Ministry of Finance (MoF).
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.
SME Bank Launches FundFest To Empower Entrepreneurs, Bridging The Financing Gap
KUALA LUMPUR, Oct 18 (Bernama) -- SME Bank Malaysia Bhd has launched the SME Bank FundFest 2024, aimed at providing budding entrepreneurs, innovative startups, and growing businesses with opportunities to access funding facilities and participate in knowledge exchange sessions.
Govt Gross Borrowing Seen Lower At 10 Pct Of GDP In 2025
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.
GEM Education Pledges RM100 Mln To ASEM For Semiconductors Talent Development
KUALA LUMPUR, Oct 18 (Bernama) -- Global EduTech Management Group (GEM Education), a company registered in Hong Kong, has pledged to support RM100 million for the Advanced Semiconductor Academy of Malaysia (ASEM), which will focus on developing world-class talent and providing industry-relevant education for a digital future driven by semiconductors.
MIDA On Track To Achieve RM2.5 Bln Green Investment Goal At IGEM 2024
KUALA LUMPUR, Oct 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is on track to achieve its target of RM2.5 billion in investments from green investment leads at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024.
Continuity Of Mega Projects To Drive Economic Growth, Job Creation -- Experts
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.
EY: Central Bank Policies, Geopolitics To Impact Global IPO Market For Rest Of 2024
KUALA LUMPUR, Oct 17 (Bernama) -- The global initial public offering (IPO) market is projected to be influenced by central bank policies, geopolitical development and key election outcomes for the remainder of 2024, said Ernst & Young Consulting Sdn Bhd (EY).
Govt Reforms Supporting Ringgit's Strength Vs Regional Currencies
KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit has shown stronger performance versus regional currencies, driven by investor confidence in the country's reform agenda.