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Five important aspects relating to people’s lives in Budget 2025 - PM

Five important aspects relating to people’s lives in Budget 2025 - PM

The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Fri Oct 18 2024
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy

Economic outlook: Budget 2025 to lay foundation for a digital-driven economy

The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Fri Oct 18 2024
Ringgit opens marginally higher vs US dollar, traders await Budget 2025

Ringgit opens marginally higher vs US dollar, traders await Budget 2025

Dr. Mohd Afzanizam says Budget 2025, set for tabling today, is key, with traders likely focusing on next years fiscal deficit targets.
Fri Oct 18 2024
[COLUMNIST] Malaysia's care economy: An urgent investment for a sustainable future

[COLUMNIST] Malaysia's care economy: An urgent investment for a sustainable future

It is time for Malaysia to act decisively, embracing the care economy as a cornerstone of national development.
Wed Oct 16 2024
OPR decision will continue to be driven by domestic factors - Amir Hamzah

OPR decision will continue to be driven by domestic factors - Amir Hamzah

Datuk Seri Amir Hamzah Azizan says the current OPR of 3.0 per cent is conducive to supporting economic growth.
Wed Oct 16 2024
JS-SEZ to foster collaboration between Johor and Singapore for global investments

JS-SEZ to foster collaboration between Johor and Singapore for global investments

The Johor-Singapore Special Economic Zone will enable Johor and Singapore to build on complementary strengths for better global investments.
Tue Oct 15 2024
Several ASEAN countries also interested in joining BRICS - PM Anwar

Several ASEAN countries also interested in joining BRICS - PM Anwar

Several ASEAN countries have shown interest in joining the BRICS grouping after Malaysia expressed its intention to be part of it.
Tue Oct 15 2024
DAT will accelerate Malaysia's high-income nation target - World Bank

DAT will accelerate Malaysia's high-income nation target - World Bank

World Bank has prepared a report on the integration and adoption of digital technology into agriculture, says Dr Zafer Mustafaoglu.
Mon Oct 14 2024
500,000 AI-based jobs expected in Malaysia within six years

500,000 AI-based jobs expected in Malaysia within six years

Sri Ganes said collaboration between SG TVET Group Bhd and the US Artificial Intelligence Institute aims to accelerate AI adoption in M'sia.
Thu Oct 10 2024
The Economy with Ibrahim Sani: Budget 2025: The case for a multi-year tax framework

The Economy with Ibrahim Sani: Budget 2025: The case for a multi-year tax framework

This episode will explores the rationale behind implementing a structured, long-term approach to tax reform in Malaysia. It highlights the need for a framework that spans multiple years to ensure more effective tax policies, prevent economic shocks, and accommodate evolving market dynamics.
Thu Oct 10 2024
World Bank upgrades Malaysia’s GDP growth forecast to 4.9 pct in 2024

World Bank upgrades Malaysia’s GDP growth forecast to 4.9 pct in 2024

Apurva Sanghi says both domestic and external factors back the upgraded growth forecast as the global economy is doing much better.
Tue Oct 08 2024
Ringgit opens higher against US dollar on firmer oil prices

Ringgit opens higher against US dollar on firmer oil prices

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.
Tue Oct 08 2024
Malaysia set to chair ASEAN in 2025, backed by Indonesia, emphasising inclusivity and sustainability

Malaysia set to chair ASEAN in 2025, backed by Indonesia, emphasising inclusivity and sustainability

Satvinder Singh conveyed the Secretariat's strong support for Malaysia's leadership, during a visit to Malaysia on Oct 2-3.
Mon Oct 07 2024
Malaysia will not be complacent despite current achievement - PM

Malaysia will not be complacent despite current achievement - PM

PM says Malaysia will remain vigilant in the face of regional and global challenges, even as structural reforms yield positive results.
Mon Oct 07 2024
[COLUMNIST] Ringgit’s resurgence: Beyond the dollar’s decline

[COLUMNIST] Ringgit’s resurgence: Beyond the dollar’s decline

The ringgit's remarkably strong performance in Q3 2024 suggests that factors beyond the dollar's depreciation influence its rise.
Mon Oct 07 2024
Immediate allocation of RM150 mln for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mln for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
Minimum wage to increase to RM1,700 effective Feb 1, 2025

Minimum wage to increase to RM1,700 effective Feb 1, 2025

The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Fri Oct 18 2024
Bursa Malaysia ends higher on Budget 2025 optimism

Bursa Malaysia ends higher on Budget 2025 optimism

The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Fri Oct 18 2024
Five important aspects relating to people’s lives in Budget 2025 - PM

Five important aspects relating to people’s lives in Budget 2025 - PM

The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Fri Oct 18 2024
Economic outlook: Govt plans to leverage, expand existing city transit system

Economic outlook: Govt plans to leverage, expand existing city transit system

The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Fri Oct 18 2024
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy

Economic outlook: Budget 2025 to lay foundation for a digital-driven economy

The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Fri Oct 18 2024
Economic outlook: Corruption and lack of accountability hinder economic progress

Economic outlook: Corruption and lack of accountability hinder economic progress

Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
Fri Oct 18 2024
National Wages Consultative Council will be strengthened

National Wages Consultative Council will be strengthened

The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Fri Oct 18 2024
Economic outlook: Ensuring 11 years of compulsory education for all children

Economic outlook: Ensuring 11 years of compulsory education for all children

Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Fri Oct 18 2024