GLICs To Invest RM2 Bln To Empower Bumiputera Companies

KUALA LUMPUR, Oct 9 (Bernama) -- Government-linked investment companies (GLICs) will invest RM2 billion to empower Bumiputera companies, said Prime Minister Datuk Seri Anwar Ibrahim.

Need Systematic Approach To Identify Inputs, Risk, Intervention - MoF

KUALA LUMPUR, Oct 9 (Bernama) – A more systematic approach is required to identify critical inputs, monitor concentrated supply risks and coordinate early intervention in mitigating adverse impact resulting from geopolitical uncertainties, according to the Ministry of Finance (MoF).  

ASEAN Power Grid Offers Malaysia Opportunity To Solidify Regional Energy Market Position -- MoF

KUALA LUMPUR, Oct 9 (Bernama) -- The ASEAN Power Grid (APG) offers Malaysia a vital opportunity to solidify its position in the regional energy market, leveraging its strategic geographical position, well-developed power infrastructure and experience in cross-border electricity trading.

Budget 2027: Up To 100 Pct Investment Tax Allowance For Green Technology Projects

KUALA LUMPUR, Oct 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that tax incentives will be enhanced and extended until Dec 31, 2030, to encourage more companies to adopt green and sustainable technologies.

Govt, Grab To Fund RM160 Mln Package To Boost E-hailing Workers Income

KUALA LUMPUR, Oct 9 (Bernama) -- The government and Grab have agreed to jointly fund a RM160 million package aimed at increasing the net income and improving the welfare of e-hailing and p-hailing workers starting in 2027, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia's Financial Market To Remain Resilient, Supportive Of Economic Activity - MoF

KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's financial market is expected to remain resilient and supportive of economic activity, with the continuous role played by the banking system and capital market in meeting financing needs.

SMR 20 Hits Highest Level Since May 2012, Rubber Market Ends Higher

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 9 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, with Standard Malaysian Rubber 20 (SMR 20) rising 9.5 sen to hit 1,061 sen per kilogramme (kg), its highest level since May 9, 2012, a dealer said.

Govt Agrees To Fund RM160 Mln Package To Boost Net Income Of e-Hailing, p-Hailing Workers

KUALA LUMPUR, Oct 9 (Bernama) -- The government and Grab have agreed to jointly fund a RM160 million package aimed at increasing the net income and improving the welfare of e-hailing and p-hailing workers starting in 2027, said Prime Minister Datuk Seri Anwar Ibrahim.

Arla Foods Ingredients To Showcase Personalised Clear Protein Shakes In Las Vegas

KUALA LUMPUR, Oct 9 (Bernama) -- Arla Foods Ingredients will showcase three personalised clear protein shake concepts at SupplySide Global in Las Vegas from Oct 28 to 30, targeting consumers with different sports performance and recovery needs.

CILTM Sabah Calls For Logistics To Be Included In State Transport Masterplan

LABUAN, Oct 9 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has called for logistics to be explicitly included in the proposed Sabah Sustainable Transport Master Plan to ensure the integrated planning of transport infrastructure and supply chains.

Govt To Provide 50 Acres Of KL Land Worth RM1 Bln For Bumiputera Agenda

KUALA LUMPUR, Oct 9 (Bernama) -- The government will provide 50 acres of strategically located land in Kuala Lumpur, valued at RM1 billion, as a new endowment to the Bumiputera Investment Foundation, Prime Minister Datuk Seri Anwar Ibrahim said.

Good News For M40, Tax Relief Increased To RM12,000

KUALA LUMPUR, Oct 9 (Bernama) -- The individual tax relief limit has been increased to RM12,000 from RM9,000, which has not been reviewed since 2010, benefiting the middle-income group (M40), said Prime Minister Datuk Seri Anwar Ibrahim.