(Reuters) -Hindenburg Research on Tuesday disclosed a short position in Roblox, alleging that the gaming platform inflated metrics including user numbers, sending its shares down 7.5% in premarket trading.
KUALA LUMPUR: Malaysia is poised to exceed its national growth target in 2024 on the back of sound fiscal policies and an ongoing commitment to reforms under the MADANI economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan .
The minister said that with positive macroeconomic indicators providing a strong setting, Budget 2025 can focus on continuing with sound fiscal policies for economic resilience and people-centric initiatives to ensure no one is left behind. He added that Budget 2025 will be forward-looking, inclusive and resilient. More than that, it will be pro-investment, pro-development, pro-empowerment, and most importantly, pro-people.
He highlighted that plans under the MADANI economic framework are seeing evident signs of progress, with the second quarter gross domestic product growing 5.9 per cent, supported by a steady recovery in key sectors like construction, manufacturing, services, and tourism. In addition, the strong performance in both foreign and domestic direct investments reflects growing investor confidence.
The minister pointed out that the ringgit has continued to outperform regional currencies, appreciating 12.5 per cent against the greenback since February this year.
Budget 2025 Amir Hamzah Azizan GDP MADANI Khazanah Megatrends Forum 2024
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