PUTRAJAYA, Oct 12 (Bernama) -- The government is committed to gradually reducing the fiscal deficit to three per cent in the medium term to ensure the country's financial position remains sustainable, with a target to reduce the deficit to 3.3 per cent of gross domestic product (GDP) by 2027.
KUALA LUMPUR, Oct 12 (Bernama) -- The enhanced Global Services Hub (GSH) tax incentives under Budget 2027, including the five per cent tax rate on qualifying income for eligible new companies, are expected to strengthen Johor’s appeal as a regional business hub, said Iskandar Investment Bhd (IIB).
KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia’s key index stayed higher at midday, supported by selective bargain hunting and optimism surrounding Budget 2027, and in line with the rebound on Wall Street.
KUCHING, Oct 12 (Bernama) -- The Sarawak state government has unveiled a RM14.84 billion budget for 2027, with the theme ‘Together Building Prosperity and Securing Our Futures’.
KUALA LUMPUR, Oct 12 (Bernama) -- Genting Bhd’s shares hit the limit down on Monday, prompting Bursa Malaysia to suspend the intraday short-selling (IDSS) of the stock for the rest of the day today.
KUALA LUMPUR, Oct 12 (Bernama) -- The government must balance fiscal constraints with the need to sustain national development and rakyat protection, said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia remained in positive territory at mid-morning on Monday, as Budget 2027 remains neutral to mildly positive for Malaysian equities, with selective beneficiaries in technology and energy.
KUALA LUMPUR, Oct 12 (Bernama) -- EP Manufacturing Bhd (EPMB) has entered into a joint venture (JV) with Beijing-listed fuel systems company Hebei Shichang Auto Parts Co Ltd to set up a RM100 million manufacturing facility focused on advanced fuel tanks for Proton.
KUALA LUMPUR, Oct 12 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is positive about Skyworld Development Bhd’s outlook, driven by major earnings inflection point.
KUALA LUMPUR, Oct 12 (Bernama) -- Local institutions extended their net buying on Bursa Malaysia to three consecutive weeks, recording net inflows of RM99.9 million last week, according to MBSB Investment Bank Bhd (MBSB IB).
KUALA LUMPUR, Oct 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened mostly higher on Monday.
KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia opened higher on Monday, buoyed by positive sentiment following Budget 2027 and overnight gains on Wall Street, where a rebound in technology stocks and easing oil prices offset weak US consumer sentiment.
