KUALA LUMPUR, Oct 22 — Gamuda Bhd, along with two Taiwan-based companies, MiTAC Information Technology Corp and Dong Pi Co Ltd, have secured a RM4.3 billion turnkey contract for the Xizhi Donghu MRT project in Taiwan.

KUALA LUMPUR, Oct 22 — Budget 2025 has set aside sizable funds, both fiscal and non-fiscal, towards ensuring the success of the National Semiconductor Strategy (NSS), a part of the New Industrial Master Plan 2030 (NIMP 2030).

KUALA LUMPUR, Oct 22 — The target for the construction of 500,000 affordable homes has reached 89 per cent, with 443,259 units completed, under construction, and planned across the country as of September.

KUALA LUMPUR, Oct 22 — Prime Minister Datuk Seri Anwar Ibrahim emphasised that the government’s approach to addressing hardcore poverty is inclusive and non-discriminatory, ensuring all citizens in need, regardless of race, receive aid.

KUALA LUMPUR, Oct 22 — The ringgit opened nearly flat against the United States dollar today, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.

KUALA LUMPUR, Oct 21 — The ringgit closed almost flat against the US dollar on Monday as markets remained cautious about the geopolitical developments engulfing the Middle East, while the US Dollar Index (DXY) stayed well supported.

KUALA LUMPUR, Oct 21 — The government is considering using databases linked to identification cards, along with e-wallets and debit cards, as part of the mechanism for the two-tiered pricing system for RON95 petrol subsidies.

KUALA LUMPUR, Oct 21 — Budget 2025 sets a solid foundation to achieve growth of between 4.5 per cent and 5.5 per cent, providing a strong framework for the upcoming 13th Malaysia Plan (13MP), as 2025 marks the final year of the 12MP, said rating agency Malaysian Rating Corporation Bhd (MARC).

KUALA LUMPUR, Oct 21 — The Statistics Department (DOSM) today reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.

KUALA LUMPUR, Oct 21 — The ringgit traded higher against the US Dollar in today’s early session, extending positive momentum from last week, driven by continued buying interest towards the local currency, said an analyst.

KUALA LUMPUR, Oct 19 — The new minimum wage of RM1,700, which will take effect in February, applies to all workers, including non-citizens in the private sector, except for domestic workers and apprenticeship contractors.

KUALA LUMPUR, Oct 19 — Malaysia and China have reaffirmed their joint commitment to further strengthen practical maritime cooperation.

BANGI, Oct 19 — Malaysia is organising a Technical and Vocational Education and Training (TVET) competition in conjunction with the Asean chairmanship in 2025, said Youth and Sports Minister Hannah Yeoh.

KUALA LUMPUR, Oct 18 — The ringgit closed marginally higher against the US dollar today on positive market sentiment following the unveiling of the national budget for 2025 today, said an analyst.

KUALA LUMPUR, Oct 18 — 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.

KUALA LUMPUR, Oct 18 — The National Fund-of-Funds (NFOF) established under Khazanah Nasional Bhd will operate in November with a RM1 billion fund, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Oct 18 — Prime Minister Datuk Seri Anwar Ibrahim announced an increase in the allocation for technical and vocational education and training (TVET) to RM7.8 billion, compared with RM6.8 billion previously.

KUALA LUMPUR, Oct 18 — The government will make it compulsory for all foreign workers to contribute to the Employees Provident Fund (EPF), said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Oct 18 — Almost RM1 billion has been allocated to kickstart the five-season padi planting project within two years, under Phase 1 of the Muda Agricultural Development Authority, covering nearly 11,000ha, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Oct 18 — The government has allocated RM470 million for financing provided by SME Bank, Bank Simpanan Nasional, Bank Rakyat and Mara to help female entrepreneurs obtain working capital, purchase assets and grow their businesses.