Strong support for chip sector under Budget 2025


International Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz.

KUALA LUMPUR: Budget 2025 has set aside sizeable funds, both fiscal and non-fiscal, to ensure the success of the National Semiconductor Strategy (NSS), which is part of the New Industrial Master Plan 2030 (NIMP 2030), says Investment, Trade and Industry (Miti) Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Among the initiatives announced in the budget, he said were the RM1bil sovereign fund for the electrical and electronics sector and high-value activities as well as training funds allocated for several universities.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Wawasan Dengkil's 2Q net profit falls due to revision of project costs
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings

Others Also Read