KUALA LUMPUR, Oct 18 — The government will continue to ensure efficient, affordable and comfortable public transport for all Malaysians, Prime Minister Datuk Seri Anwar Ibrahim said when tabling Budget 2025 today.

KUALA LUMPUR, Oct 18 — RM2.8 billion has been set aside to maintain federal roads to reduce crashes caused by unsafe road conditions, Prime Minister Datuk Seri Anwar Ibrahim announced.

KUALA LUMPUR, Oct 18 — The government will continue to promote the use of 5G, especially to encourage its applications in various industries, as Malaysia prepares for its 2025 Asean chairmanship.

By Yasmin Ramlan SHAH ALAM, Oct 18 — Prime Minister Datuk Seri Anwar Ibrahim is steadfast in his decision to forgo his salary, a stance has maintained since he took office in November 2022. He said the 20 per cent pay cut for ministers and political appointees will also remain. “Ministers...

By Yasmin Ramlan SHAH ALAM, Oct 18 — The federal government will increase the allocation for Rahmah Cash Aid (STR) and Rahmah Basic Aid (Sara) from next year. Prime Minister Datuk Seri Anwar Ibrahim said RM13 billion has been earmarked for the financial aid, the highest so far, from RM10...

By Selangor Journal Team SHAH ALAM, Oct 18 — The minimum wage will be hiked to RM1,700 from the current RM1,500, effective February 1, 2025, announced Prime Minister Datuk Seri Anwar Ibrahim today. During the tabling of Budget 2025 in Parliament today, Anwar said companies with under five...

KUALA LUMPUR, Oct 18 — Headline inflation is expected to range between two per cent to 3.5 per cent in 2025, and remains manageable with the easing of global supply constraints and the moderation of global commodity prices.

By Yasmin Ramlan SHAH ALAM, Oct 18 — RM12 billion has been allocated to maintain subsidies to benefit 85 per cent of Malaysians, said Prime Minister Datuk Seri Anwar Ibrahim. “The government is committed to maintaining subsidies for the majority of the people, as done with targeted...

By Selangor Journal Team KUALA LUMPUR, October 18 – The federal government will not impose taxes on essential goods as it looks to streamline the Sales and Services Tax (SST) next year. Prime Minister Datuk Seri Anwar Ibrahim, in his Budget 2025 speech, explained that while the SST will not...

KUALA LUMPUR, Oct 18 — Malaysia’s trade from January to September 2024 rose 10.2 per cent to RM2.139 trillion, surpassing the RM2 trillion threshold in just nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (Miti).

KUALA LUMPUR, Oct 18 — Fitch Solutions’ unit BMI has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.

KUALA LUMPUR, Oct 18 — The Malaysian Investment Development Authority (Mida) is on track to achieve its target of RM2.5 billion in investments from green investment leads at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024.

KUALA LUMPUR, Oct 18 — The ringgit traded slightly higher against the US dollar at the opening as traders anticipated that the local currency would trade sideways while focusing on next year’s fiscal deficit targets, even as global banks continued to pursue easy monetary policies.

KUALA LUMPUR, Oct 17 — The ringgit closed lower against the United States (US) dollar on Thursday as the “Trump trade” lifted the greenback while China’s stimulus plans continued to fail to ignite excitement.

KUALA LUMPUR, Oct 17 — Prime Minister Datuk Seri Anwar Ibrahim said Budget 2025, which will be tabled in the Dewan Rakyat tomorrow, will further drive economic growth and ensure justice for the people.

KUALA LUMPUR, Oct 17 — Malaysia is expected to sign a free trade agreement (FTA) with the United Arab Emirates (UAE) by the end of this year, said Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz.

KUALA LUMPUR, Oct 17 — The ringgit opened marginally higher against the US dollar today, with the US Dollar Index increasing by 0.2 per cent to 103.47 points, as global interest rate cuts gained momentum, while the United States Federal Reserve seemed hesitant to follow suit.

KUALA LUMPUR, Oct 9 — The retail prices for RON97 and RON95 petrol will remain unchanged, at RM3.19 and RM2.05 per litre respectively, from October 17 to October 23.

KUALA LUMPUR, Oct 16 — The ringgit appreciated against the US dollar and other major currencies at the close today, driven by positive sentiment ahead of the tabling of the national budget this Friday (October 18), said SPI Asset Management managing director Stephen Innes.

KUALA LUMPUR, Oct 16 — The development of a special industrial cluster in the manufacturing sector in the central region needs to be prioritised as a strategic initiative of the Madani Government to strengthen the country’s position as an investment hub, said Prime Minister Datuk Seri Anwar Ibrahim.