KUALA LUMPUR: Malaysia’s upcoming National Mineral Policy will cover the industry’s entire value chain – from exploration, production and processing to commercialising products. Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad said the policy will focus on the sustainable exploitation of mineral resources while balancing economic development and environmental conservation. “The policy, in…
KUALA LUMPUR: Budget 2025 maintains a balance between fostering economic growth and strengthening the ringgit, said RHB Asset Management (RHBAM) managing director and CEO Ng Chze How. He also said the Budget ensures national prosperity and maintains the country’s fiscal sustainability. “So all in all, in line with our earlier expectations, Budget 2025 maintains a…
KUALA LUMPUR: The government has taken a progressive approach to taxation in Budget 2025, where individuals pay higher tax rates as their income increases, said Treasury Secretary-General Datuk Johan Mahmood Merican. He pointed to the government’s plan to implement a 2% tax on dividend income exceeding RM100,000 for individual shareholders starting in assessment year 2025….
KUALA LUMPUR: A flexible working arrangement improves employee satisfaction and productivity, said Bank Negara Malaysia financial development and innovation department director, Lau Chin Ching. She shared that flexible working arrangement at BNM has allowed her greater control over her work-life balance. “I’m a beneficiary of good policies that have been implemented by my colleagues. In…
KUALA LUMPUR: The government is looking at having a clear scorecard focused on high-quality investment and incentives to align with the New Industrial Master Plan 2030 (NIMP 2030), said Deputy Investment, Trade and Industry Minister Liew Chin Tong. He also said that this is being carried out in collaboration with Bank Negara Malaysia, the Securities…
KUALA LUMPUR: Public Bank Bhd has entered into a conditional sale and purchase agreement with the estate of the late Tan Sri Dr Teh Hong Piow and Consolidated Teh Holdings Sdn Bhd (ConTeh) to acquire 44.15% equity interest in LPI Capital Bhd for RM1.72 billion. LPI, a company listed on the Main Market of Bursa…
KUALA LUMPUR: Artificial intelligence (AI) is the driving force behind the future of Malaysia’s industries, public services, and economy, said Digital Minister Gobind Singh Deo. The potential for AI to enhance productivity, streamline processes and unlock new avenues for growth is immense, he stated. “It offers Malaysia an unprecedented opportunity to strengthen our global competitiveness…
