Kuala Lumpur, 18 October 2024
The Securities Commission Malaysia (SC) commends Budget 2025 for its balanced measures in enhancing the economic landscape whilst uplifting the Rakyat’s well-being and overall investment prospects.
Budget 2025 builds on Malaysia’s strong economic fundamentals and existing strengths including a resilient capital market.
Together, the Budget 2025 measures ensure that the capital market can facilitate greater and more broad-based wealth creation. It also reinforces Malaysia’s position as a competitive investment destination and enhances the commitment underlying the MADANI economy principles.
Quotes by SC Chairman Dato’ Mohammad Faiz Azmi
The Securities Commission Malaysia (SC) welcomes Budget 2025 measures and is encouraged by the Government’s commitment to broaden opportunities for businesses of all sizes – especially access to financing for startups, MSMEs and MTCs, and deepening investment choices and opportunities for investors.
We are encouraged by specific measures to broaden diversity, a continuing focus on retirement needs, in particular the extension of tax relief for private retirement schemes (PRS), and steps towards a more sustainable economy with the introduction of a carbon tax. Additionally, we look forward to onboarding founding family investors and family office investment professionals and supporting the inward flow of this form of capital.
This will provide greater spillover effects in terms of benefitting our diverse communities and businesses, enhancing market attractiveness and liquidity, as well as generating long-term social impact.
SECURITIES COMMISSION MALAYSIA