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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.

Malaysia’s Trade Grows 22.4 Pct In 1H 2026, MoF Urges Supply Chain Diversification

KUALA LUMPUR, Oct 9 (Bernama) – Malaysia’s trade remained resilient in the first half of 2026 (1H 2026), with total trade rising 22.4 per cent to RM1.795 trillion, but the country needs to strengthen supply chains and diversify its export markets and import sources to cushion future external shocks, the Ministry of Finance (MoF) said.

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.

Govt Continues To Strengthen Islamic Economy, Offers Up To RM5,000 Matching Grants To MSMEs For Halal Certification

KUALA LUMPUR, Oct 9 (Bernama) -- The government has agreed to provide matching grants of up to RM5,000 to micro, small, and medium enterprises (MSMEs) seeking halal certification for the first time, said Prime Minister Datuk Seri Anwar Ibrahim. 

Need Systematic Approach To Identify Inputs, Risk, Intervention - MoF

KUALA LUMPUR, Oct 9 (Bernama) – A more systematic approach is required to identify critical inputs, monitor concentrated supply risks and coordinate early intervention in mitigating adverse impact resulting from geopolitical uncertainties, according to the Ministry of Finance (MoF).  

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.

Govt, Grab To Fund RM160 Mln Package To Boost E-hailing Workers Income

KUALA LUMPUR, Oct 9 (Bernama) -- The government and Grab have agreed to jointly fund a RM160 million package aimed at increasing the net income and improving the welfare of e-hailing and p-hailing workers starting in 2027, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia's Financial Market To Remain Resilient, Supportive Of Economic Activity - MoF

KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's financial market is expected to remain resilient and supportive of economic activity, with the continuous role played by the banking system and capital market in meeting financing needs.

Govt Agrees To Fund RM160 Mln Package To Boost Net Income Of e-Hailing, p-Hailing Workers

KUALA LUMPUR, Oct 9 (Bernama) -- The government and Grab have agreed to jointly fund a RM160 million package aimed at increasing the net income and improving the welfare of e-hailing and p-hailing workers starting in 2027, said Prime Minister Datuk Seri Anwar Ibrahim.

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.

Good News For M40, Tax Relief Increased To RM12,000

KUALA LUMPUR, Oct 9 (Bernama) -- The individual tax relief limit has been increased to RM12,000 from RM9,000, which has not been reviewed since 2010, benefiting the middle-income group (M40), said Prime Minister Datuk Seri Anwar Ibrahim.