| LATEST NEWS | Two women killed as car catches fire in collision with lorry on Jalan Yong Peng-Ayer Hitam, Johor – Fire & Rescue Dept | Budget 2027: RM30 million for Sports Matching Grant to encourage organising of high-performance sporting events | Budget 2027: RM240 million for preparations to host 2027 SEA Games and ASEAN Para Games, RM460 million for national sports development | Budget 2027: Malaysian Indian Community Transformation Unit (MITRA) receives RM150 million for skills development among Indian youths | Budget 2027: RM8 billion will be allocated for technical and vocational education and training (TVET) across ministries | |
KUALA LUMPUR, Oct 9 (Bernama) -- The Budget 2027 announcement to raise government procurement thresholds for Bumiputera contractors in Grades G1 to G4 is an important step towards expanding their participation in the national economic value chain.
GEORGE TOWN, Oct 9 (Bernama) -- Budget 2027 is expected to strengthen the Northern Region’s position as a national hub for economic growth, technology and industrial development through an emphasis on high-value investments, the semiconductor industry, artificial intelligence (AI) and talent development.
KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027 is expected to channel savings from targeted subsidy reforms and stronger revenue collection back to the rakyat and businesses while maintaining fiscal discipline, said PwC Malaysia.
By Nor Baizura Basri
KUALA LUMPUR, Oct 9 (Bernama) -- The 2027 Budget provides a fair and equitable share for citizens from all strata of life, despite the government navigating a tough global landscape, as it is fully cognizant of the challenges ordinary people face in their everyday lives.
KUALA LUMPUR, Oct 9 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) welcomes the one per cent corporate income tax reduction for micro, small and medium enterprises (MSMEs) under Budget 2027, which is expected to provide up to RM6,000 in tax savings to over 300,000 SMEs.
KUALA LUMPUR, Oct 9 (Bernama) -- The measures announced in Budget 2027 will enable Malaysian companies to build capabilities, expand their market reach and pursue larger opportunities, said Bursa Malaysia Bhd.
KUALA LUMPUR, Oct 9 (Bernama) -- The increase in total loan facilities and financing guarantees to RM57 billion in 2027 will strengthen businesses’ access to financing and support their investment needs, said the Federation of Malaysian Manufacturing (FMM).
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday as an export duty waiver for the commodity failed to materialise in Budget 2027.
KUALA LUMPUR, Oct 9 (Bernama) -- The stamp duty exemptions for the rehabilitation of abandoned housing projects will help facilitate project revival and provide much-needed relief to affected purchasers, said Real Estate And Housing Developers' Association Malaysia (REHDA).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 9 (Bernama) -- Semiconductor-related initiatives under Budget 2027 could help Malaysia move up the global semiconductor value chain by strengthening innovation, intellectual property (IP) creation and the development of high-value technologies, said the Malaysia Semiconductor Industry Association (MSIA).
KUALA LUMPUR, Oct 9 (Bernama) -- DRB-HICOM Bhd says the tax deduction of up to RM5 million for Malaysian automotive vendors relocating to the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak, will accelerate the development of the automotive hub and strengthen Malaysia’s position as a regional automotive investment destination.
KUALA LUMPUR, Oct 9 (Bernama) -- The increase in the minimum wage to RM2,000 is an important labour market reform that will improve workers’ livelihoods and support better retirement adequacy for Employees Provident Fund (EPF) members, its chief executive officer, Ahmad Zulqarnain Onn, said.
