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What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Consolidated public sector projected to record lower surplus of RM41.7 bil 2024

Consolidated public sector projected to record lower surplus of RM41.7 bil 2024

The MoF said the consolidated general government revenue is estimated to increase slightly to RM384.7 billion in 2024.
Fri Oct 18 2024
Malaysia’s trade records 10.2 per cent jump, exceeds RM2 trillion mark in first nine months of 2024

Malaysia’s trade records 10.2 per cent jump, exceeds RM2 trillion mark in first nine months of 2024

According to the World Trade Organisation's forecast, Asia's exports are expected to rise by 7.4 per cent in 2024.
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
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
[COLUMNIST] Global Innovation Index 2024: Linking education to the persistent innovation input-output gap

[COLUMNIST] Global Innovation Index 2024: Linking education to the persistent innovation input-output gap

If anything, our result in GII 2024 is the prime example of how investment does not necessarily lead to successful output.
Mon Oct 14 2024
Unregistered investment scheme : Married couple claims trial

Unregistered investment scheme : Married couple claims trial

The couple are accused of inviting two siblings to participate in the Ginger Contract Farming investment scheme.
Fri Oct 11 2024
Malaysia-Canada economic ties strengthen with 41 pct trade increase

Malaysia-Canada economic ties strengthen with 41 pct trade increase

MITI reported that bilateral trade surged by 25 per cent following Canada's accession to the CPTPP.
Fri Oct 11 2024
Cabinet approves guidelines for Data Centre Planning - Nga

Cabinet approves guidelines for Data Centre Planning - Nga

Nga Kor Ming said the guidelines are designed to standardise and streamline the application and planning approval process for stakeholders.
Thu Oct 10 2024
Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.
Wed Oct 09 2024
OPR likely to be unchanged; Ringgit forecast at 4.25 vs USD year-end - Kenanga

OPR likely to be unchanged; Ringgit forecast at 4.25 vs USD year-end - Kenanga

Fiscal policy shifts and external risks, such as geopolitical tensions, could still influence the central bank's stance, says Kenanga.
Tue Oct 08 2024
Collaborative efforts between GLICs drive greater domestic investment - Khazanah

Collaborative efforts between GLICs drive greater domestic investment - Khazanah

Datuk Amirul Feisal says govt-owned entities are part of broader ecosystem, and are connected to others just as they are connected to them.
Mon Oct 07 2024
Malaysia to focus on strengthening economic cooperation, attraction in investments in ASEAN Summit

Malaysia to focus on strengthening economic cooperation, attraction in investments in ASEAN Summit

The 44th and 45th ASEAN Summit and Related Summits will begin tomorrow in Laos.
Mon Oct 07 2024
BRICS to focus on speeding up North-South Corridor development - Russian Chamber of Commerce

BRICS to focus on speeding up North-South Corridor development - Russian Chamber of Commerce

The projects in the pipeline cover financial services, investment, industrial and energy development, trade and international cooperation.
Fri Oct 04 2024
Najib's conduct clearly demonstrates vested interest in 1MDB - Prosecution

Najib's conduct clearly demonstrates vested interest in 1MDB - Prosecution

DPP said it is prosecution's duty to prove Najib's involvement and personal interest in 1MDB to obtain illicit gains from abuse of power.
Wed Oct 02 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil 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
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
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