Selangor tables RM2.33 billion budget for 2020

SHAH ALAM, Nov 1 -- The Selangor government today tabled the 2020 Budget totalling RM2.33 billion based on five key strategies, said Menteri Besar Amirudin Shari.

Govt's focus in Budget 2020 is criticial in restoring trust, confidence in marketplace - ICDM

KUALA LUMPUR, Oct 12 -- The Government’s focus on strengthening institutions, governance and integrity is critical in restoring trust and confidence in the marketplace, Institute of Corporate Directors Malaysia (ICDM)’s president and chief executive officer, Michele Kythe Lim said today.

Budget 2020 addresses some pressing issues facing nation - KRI

KUALA LUMPUR, Oct 12 -- Khazanah Research Institute (KRI) says the 2020 Budget has addressed some pressing issues facing the nation, while driving growth and attaining long-term equitable outcomes.

2020 Budget : Swaying into full motion of digital transformation, but are we secured enough?

KUALA LUMPUR, Oct 12 -- The 2020 Budget revealed that Malaysia is anticipating a full year of technological revolution ahead with RM21.6 billion invested into 5G development which would open tremendous opportunity as well as the need to step-up security in the cyberworld.

Government extends youth housing scheme to help own first homes

KUALA LUMPUR, Oct 11 -- The government will extend the Youth Housing Scheme administered by Bank Simpanan Nasional starting Jan 1, 2020 until Dec 31, 2021 to assist youths to own their first homes.

Govt will continue to support strategic projects via Bank Pembangunan's financing

KUALA LUMPUR, Oct 11 -- The government will continue to support strategic projects through financing programmes under Bank Pembangunan Malaysia Bhd, offering a 2.0 per cent interest subsidy per annum.

Govt allocates RM550 million palm oil replanting loan fund for smallholders

KUALA LUMPUR,  Oct 11 -- The government will allocate RM550 million palm oil replanting loan fund for smallholders which is collateral-free at an interest rate of 2.0 per cent per annum,with a tenure of 12 years including a four year moratorium on repayment.

Malaysia Ranked First In Global Muslim Travel Index

KUALA LUMPUR, Oct 11 -- Malaysia was ranked first in the Global Muslim Travel Index last year, according to the latest global survey carried out by CrescentRating.

5 pct rise in oil palm productivity adds 0.1 PP to GDP: MOF

KUALA LUMPUR, Oct 11 – The Finance Ministry, based on its analysis, has indicated that a five per cent increase in the productivity of the oil palm sub-sector will add 0.1 percentage point to the baseline gross domestic product in 2019.

Malaysia gains benefit from membership in MDBS

Exclusive report by SITI NOOR AFERA ABU

KUALA LUMPUR, Oct 11  -- Malaysia has not been borrowing from the Multilateral Development Banks (MDB) over the past two decades with the country’s capital market has become more dynamic and to reduce exposure to foreign exchange risks, according to the Economic Outlook 2020 released by Ministry of Finance (MoF) today.





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