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.

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.

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.

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.

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.

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.

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.

KUALA LUMPUR, Oct 11 -- Malaysia's Total Factor Productivity (TFP) has not grown as much as that of developed countries, as the country relied substantially on multinational companies (MNC) and foreign direct investment (FDIs) for export upgrading and technology transfer.

KUALA LUMPUR, Oct 11 -- The government is expected to issue new Samurai bonds early next year, where the issuance size would be determined after further discussions with the Japan Bank for International Cooperation (JBIC).

KUALA LUMPUR, Oct 11  -- Although digital assets, which include digital currencies and digital tokens, have garnered significant attention due to their potential disruption on the financial system, it is still a nascent and emerging sector where global and domestic adoption rates are still low.