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.
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Budget 2025: EPF Contributions To Be Made Mandatory For Foreign Workers - PM Anwar
KUALA LUMPUR, Oct 18 (Bernama) -- The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF), said Prime Minister Datuk Seri Anwar Ibrahim.
Almost RM1 Billion Allocated For Five Seasons In Two Years Paddy Cultivation Initiative
KUALA LUMPUR, Oct 18 (Bernama) -- Almost RM1 billion has been allocated to kickstart the five-season paddy planting project within two years, under Phase 1 of the Muda Agricultural Development Authority (MADA), covering nearly 11,000 hectares, said Prime Minister Datuk Seri Anwar Ibrahim.
Budget 2025: Govt Allocates RM470 Mln To Empower Women's Participation In PMKS
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.
Forest City Secures Duty-free Island Status
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.
Budget 2025 Estimate The Highest Ever – PM Anwar
KUALA LUMPUR, Oct 18 (Bernama) – The RM421 billion Budget 2025 estimate is the highest ever announced, comprising allocations of RM335 billion for operating expenses and RM86 billion for development expenditure, excluding contingency reserves of RM2 billion.
Govt To Introduce New Investment Incentive Framework, RM1 Bln Strategic Investment Fund - Anwar
KUALA LUMPUR, Oct 18 (Bernama) -- A new Investment Incentive Framework will be introduced, including a strategic investment fund worth RM1 billion aimed at enhancing the capacity of local talent and encouraging high-value activities to be carried out in the country.
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.
Budget 2025: Sabah, Sarawak To Continue Receiving Among Highest Allocations - PM Anwar
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.
Anwar Unveils Substantial Budget 2025, Catalyzing Economy, Hastening Reforms
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.
PM Anwar Tables 2025 Budget In Parliament
KUALA LUMPUR, Oct 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim tabled the Supply (Budget) Bill 2025 in the Dewan Rakyat today.
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).