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.
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).
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).
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.
KUALA LUMPUR, Oct 9 (Bernama) -- Tenaga Nasional Bhd’s (TNB) RM15 billion investment in the national grid announced in Budget 2027 today addresses a critical priority and need for the infrastructure to support reliable power and industrial expansion, said Solarvest Holdings Bhd.
KUALA LUMPUR, Oct 9 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) said the government's RM200 first-year premium subsidy under the MediAsas plan for eligible small and medium enterprises (SMEs) will help expand access to basic medical protection among workers.
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s Budget 2027 totalling RM459.8 billion is aimed at translating resilient economic growth into tangible benefits for the people through better wages, more efficient targeted assistance, stronger fiscal discipline, and aggressive shift towards higher-value industries.
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's gross domestic product (GDP) growth forecast of 4.2 per cent to 5.2 per cent for 2027 takes into account global uncertainties, including ongoing developments overseas, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Oct 9 (Bernama) -- Grab aims to increase the earnings of e-hailing drivers and p-hailing delivery partners from 2027 without affecting passenger fares under a proposed minimum earnings framework.
