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Malaysia’s Fiscal Deficit To Narrow To 3.3 Pct In 2027 -- MoF

KUALA LUMPUR, Oct 9 (Bernama) -- The fiscal deficit is projected to narrow to 3.3 per cent of gross domestic product (GDP) in 2027, in line with the medium-term consolidation under the Public Finance and Fiscal Responsibility Act 2023 (Act 850), the Ministry of Finance (MoF) said.

Kioxia Unveils High-Density SSD For Hyperscale Data Centres

KUALA LUMPUR, Oct 9 (Bernama) -- Kioxia Corporation, a global memory solutions provider, has announced its first E1.L form factor solid-state drive (SSD) built with eighth-generation BiCS FLASH quad-level cell (QLC) flash memory.

Implementation Lags In Approved Investments Pose Structural Risk - MoF

KUALA LUMPUR, Oct 9 (Bernama) -- Implementation lags between approved investments and their physical execution pose a structural risk to Malaysia’s economic growth, the Ministry of Finance (MoF) said.

GLICs To Invest RM2 Bln To Empower Bumiputera Companies

KUALA LUMPUR, Oct 9 (Bernama) -- Government-linked investment companies (GLICs) will invest RM2 billion to empower Bumiputera companies, said Prime Minister Datuk Seri Anwar Ibrahim.

ASEAN Power Grid Offers Malaysia Opportunity To Solidify Regional Energy Market Position -- MoF

KUALA LUMPUR, Oct 9 (Bernama) -- The ASEAN Power Grid (APG) offers Malaysia a vital opportunity to solidify its position in the regional energy market, leveraging its strategic geographical position, well-developed power infrastructure and experience in cross-border electricity trading.

Budget 2027: Up To 100 Pct Investment Tax Allowance For Green Technology Projects

KUALA LUMPUR, Oct 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that tax incentives will be enhanced and extended until Dec 31, 2030, to encourage more companies to adopt green and sustainable technologies.

CILTM Sabah Calls For Logistics To Be Included In State Transport Masterplan

LABUAN, Oct 9 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has called for logistics to be explicitly included in the proposed Sabah Sustainable Transport Master Plan to ensure the integrated planning of transport infrastructure and supply chains.

Budget MADANI 2027: Growth That Pays Off For Malaysians

By Sharifah Hunaini Syed Ismail, Niam Seet Wei and S.Kisho Kumari

KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s Budget 2027, totalling RM459.8 billion, aims to turn resilient economic growth into real gains for the people with better wages, smarter targeted support, stronger fiscal discipline and a bold push towards higher-value industries.

MADANI Govt Has Successfully Rebuilt Malaysia’s Fiscal Resilience -- PM Anwar

KUALA LUMPUR, Oct 9 (Bernama) -- The MADANI government has worked to rebuild Malaysia's fiscal resilience by bringing down the fiscal deficit from 6.4 per cent of gross domestic product (GDP) in 2021 to 3.6 per cent in 2026, with a further reduction to 3.3 per cent expected through gradual and measured fiscal consolidation.

Budget 2027 Estimated At RM459.8 Bln, Up 3.6 Pct From 2026 -- MoF

KUALA LUMPUR, Oct 9 (Bernama) -- The Federal Government has estimated Budget 2027 to be at RM459.8 billion, up 3.6 per cent from the revised 2026 allocation, equivalent to 19.8 per cent of gross domestic product (GDP).

Domestic Demand, Investments To Continue To Drive Malaysia’s Growth Trajectory At 4.2-5.2 Pct In 2027

By Kisho Kumari Sucedaram and Norsyafawati Ab Wahab 

KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's economy is projected to expand by a commendable 4.2-5.2 per cent in 2027, from 4.8-5.3 per cent this year, supported by sustained domestic demand, favourable labour market conditions, continued income growth and firm investment activity, according to the Ministry of Finance (MoF) today.

99 Speed Mart Retail Share Price Rises At Midday On Higher Sara, STR Expectations

KUALA LUMPUR, Oct 9 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s share price rose on expectations that higher allocations for Sumbangan Asas Rahmah (SARA) and Sumbangan Tunai Rahmah (STR) under Budget 2027 could boost consumer spending at value retailers.