KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by the government’s commitment to fiscal discipline following the tabling of Budget 2027 last Friday.
KUALA LUMPUR, Oct 11 (Bernama) – Budget 2027’s personal income tax relief measures could provide annual tax savings of up to RM1,600 for approximately five million taxpayers, supporting middle-income consumption, said CIMB Securities Sdn Bhd.
KANGAR, Oct 11 (Bernama) -- Bilateral trade between Malaysia and Uzbekistan reached RM430.20 million (US$108 million) in the first six months of this year, reflecting significant potential for expanding economic cooperation between the two countries.
KUALA LUMPUR, Oct 11 (Bernama) -- The increase in the Rubber Production Incentive (IPG) to RM3.30 per kilogramme (kg) in the tabling of Budget 2027 is expected to help cover part of production costs and provide additional income support for smallholders.
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’s extension of the income tax exemption and fixed stamp duty rates on ship financing is expected to ease financing constraints for Malaysian shipowners facing stringent collateral requirements and mismatches between loan tenures and ships’ useful lives.
BANTING, Oct 10 (Bernama) -- Gamuda Land has made history with the development and opening of its inaugural hotel, ASAI Gamuda Cove, marking the largest real estate project under the ASAI brand following those in Melaka, Japan and Thailand.
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027 reflects continued progress in building on Malaysia’s success in raising the ceiling while lifting the floor, fulfilling the MADANI blueprint’s vision of shared prosperity, said CIMB Investment Bank Bhd (CIMB IB).
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia should establish a green shipping corridor to accelerate the maritime industry’s transition towards greener operations through closer coordination between the government and industry players, said an expert.
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027 is expected to sustain economic growth while maintaining fiscal discipline, with Malaysia’s fiscal deficit projected to narrow to 3.3 per cent of gross domestic product (GDP) next year, according to MBSB Investment Bank Bhd (MBSB IB).
By Niam Seet Wei
KUALA LUMPUR, Oct 10 (Bernama) -- The increase in individual tax relief, coupled with the one-percentage-point reduction in income tax rates for the middle-income group (M40) proposed in Budget 2027, could provide additional disposable income of up to RM1,600 for roughly five million taxpayers, says KPMG Malaysia.
KUALA LUMPUR, Oct 10 (Bernama) -- The Budget 2027 reinforces Malaysia’s ambition to build a more productive and resilient economy while ensuring that progress delivers meaningful benefits to businesses and households, according to Hong Leong Bank (HLB).
KUALA LUMPUR, Oct 10 (Bernama) -- Bank Simpanan Nasional (BSN) said the RM1.7 billion allocation announced in Budget 2027 to address the financing needs of various target groups will provide momentum for it to reinforce its position as a leading microfinance institution in Malaysia.
