Get ready, Malaysia! Budget 2025 is here, and it's promising to tackle that pesky cost of living!
As Malaysia braces for its 2025 Budget reveal on October 18, all eyes are on Prime Minister Datuk Seri Anwar Ibrahim. This will mark his third budget presentation, and it promises to address the rising cost of living, which has become a pressing issue for many Malaysians. With the goal of supporting the bottom 40% of the population, the government is keen to introduce measures that will not only alleviate financial pressures but also stimulate the economy and drive growth.
Budget 2025 is expected to tackle some tough issues that have been plaguing the economy, including subsidy cuts, potential new taxes, and the need for increased government spending on development. The Prime Minister has hinted at a balanced approach that will ensure fairness for all Malaysians. It seems like a juggling act between managing fiscal deficits and providing necessary subsidies without overwhelming taxpayers—a task as delicate as balancing a plate of char kway teow!
Among the hot topics is the need for concrete steps to enhance food security—a theme that has garnered significant attention from various sectors. Industry experts emphasize the importance of incentives to attract investments and skilled labor into the food commodities sector, which is crucial for maintaining stable prices and supply. With so many challenges on the horizon, this budget could be a real game-changer or a stormy sea for Malaysia.
As we await the budget, it’s essential to stay informed about the potential changes on the horizon. For instance, the revival of the Goods and Services Tax (GST) appears unlikely this time around, which may ease some of the financial strain on consumers. Interestingly, did you know that Malaysia’s fiscal budget is closely watched not just locally but also by international analysts? The outcomes can significantly influence investor confidence and economic stability in the region! So, buckle up Malaysia—we’re in for an exciting financial ride!
Malaysia will unveil Budget 2025 on Oct 18 and is expected to focus on addressing the rising cost of living. The government wants to ensure the bottom 40 ...
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim said Budget 2025, which will be tabled in the Dewan Rakyat, will further drive economic growth and ...
Prime Minister Datuk Seri Anwar Ibrahim will present Budget 2025 in the Dewan Rakyat this afternoon.
Prime Minister Datuk Seri Anwar Ibrahim will table his third federal budget today, focusing on increasing development spending while managing falling ...
A GST revival is unlikely when Prime Minister Datuk Seri Anwar Ibrahim presents the budget in Parliament today. Tonton Top10. Anugerah Bintang Popular ...
Cutting the fiscal deficit, government subsidies, wastages and leakages are key challenges to be addressed in the budget.
Santiago said more incentives should be featured in the Budget to entice more investments and human capital to migrate into the food commodities sector.
Prime Minister Datuk Seri Anwar Ibrahim will present Budget 2025 in the Dewan Rakyat this afternoon making it the third budget presented under his ...
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3.15pm: Anwar Ibrahim dressed in a white-coloured Baju Melayu prepares to leave the Finance Ministry for Parliament, where he will be tabling the Malaysia ...
Anwar Ibrahim, who is also the finance minister, will unveil his third federal government budget since being appointed prime minister.
KUALA LUMPUR: Malaysia on Friday unveiled a record budget spending for 2025, focusing on economic restructuring to improve its revenues through subsidy ...
KUALA LUMPUR, Oct 18 — Prime Minister Datuk Seri Anwar Ibrahim is tabling Budget 2025 today, his third federal spending plan since leading an alliance ...
Malaysia announced on Friday record budget spending of 421 billion ringgit ($98 billion) for 2025, with the government boosting salaries and retirement ...
According to the finance ministry's outlook for next year, the Malaysian government revenue is projected to grow by 5.5 per cent to RM339.7 billion, ...
PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim left the Finance Ministry building here at 3.15pm to make his way to Parliament to table the much-awaited ...
Click here for all you need to know about Malaysia's Budget 2025. Follow our live coverage of Budget 2025 as Prime Minister Datuk Seri Anwar Ibrahim tables ...
Note: Refresh this page for updates as they come in. • Government sets minimum wage at RM1,700 from RM1,500 previously; to take effect from February 1, ...
The budget aims to grow Malaysia's appeal as a destination for hi-tech investments while also uplifting the country's most vulnerable groups.
This live report has ended. Thank you for following our live coverage. • An additional 50 percent tax deduction on cost expenses involving capacity ...
Bonus for civil servants Anwar ended the tabling by announcing a special bonus of RM500 for all civil servants below Jusa Grade 56 including contract ...
The Budget 2025 Malaysia has been tabled today on October 18, 2024. Here is the roundup of things startup and SME entrepreneurs need to know.
KUALA LUMPUR, Oct 18 — The Ministry of Health (MOH) received an allocation of about RM45.3 billion for Budget 2025, a 9.8 per cent increment from the RM41.2 ...
KUALA LUMPUR: Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
A greater emphasis on efforts aim at boosting the economy, mastering innovation aspects, and ensuring a fairer and more equitable distribution of wealth is ...
KUALA LUMPUR, Oct 19 — Prime Minister Datuk Seri Anwar Ibrahim announced a record RM421 billion Budget 2025 yesterday, which included a focus on improving ...
KUALA LUMPUR, Oct 19 — Prime Minister Datuk Seri Anwar Ibrahim tabled the country's biggest ever federal spending plan in Budget 2025 yesterday, ...
In welcoming Budget 2025 presented by Prime Minister Datuk Seri Anwar Ibrahim yesterday, the Ministry of Foreign Affairs said it would ensure that efforts to ...
THE tabling of Budget 2025 by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim in Parliament yesterday reflected the government's sustained.