1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia's semiconductor industry is set to further solidify with various commendable initiatives outlined under Budget 2025, including the Supply Chain Resilience Initiative and the New Investment Incentive Framework.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hold steady within a narrow band of 1,655 to 1,665 as investors digest the national Budget 2025 announcement by Prime Minister Datuk Seri Anwar Ibrahim on Friday.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The Real Estate and Housing Developers' Association (REHDA) has called upon financial institutions to take heed of the government’s move to introduce housing projects for the people and introduce their step-up financing schemes.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption equivalent to an investment tax allowance of 60 per cent on eligible capital expenditure for five years, to be offered to Smart Logistic Complex (SLC) companies, according to the Ministry of Finance (MoF).
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 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.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 17 (Bernama) -- Taiwan is seeking 10,000 semiconductor and related industry engineers each year to support its role as a main hub for the semiconductor industry, with Taiwan Semiconductor Manufacturing Co (TSMC) being a key player.
1y ago
KUALA LUMPUR, Oct 17 (Bernama) -- Qube Integrated Malaysia Sdn Bhd (QUBE) has named Gamuda Bhd as a Platinum Sponsor for the Malaysia International Building and Construction Industry Showcase 2024 (BuildXpo 2024), which will take place from Oct 22 to 24 at the Malaysia International Trade and Exhibition Centre (MITEC), here.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) is expected to meet its narrowed down passenger traffic forecast of between 95.4 million and 97.6 million passengers this year supported by the continued robust recovery of the Malaysian aviation sector in the first six months of 2024 (1H2024).
1y ago
By Zarul Effendi Razali
HAINAN (China), Oct 16 (Bernama) -- Chinese companies should consider Malaysia an ideal destination to set up regional headquarters, from which they can expand internationally through Malaysia, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia Petroleum Resources Corporation (MPRC) is optimistic the tabling of Budget 2025 will create a supportive environment for the oil and gas services and equipment (OGSE) sector to continue its growth trajectory following its recovery from recent challenging years.