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Budget 2027 Effectiveness Depends On Prompt Aid Distribution, Government Coordination – Economist

KUALA LUMPUR, Oct 12 (Bernama) -- The effectiveness of implementing Budget 2027 depends on how promptly the government disburses aid and how well the federal government, state governments and local authorities coordinate their efforts to reduce the bureaucratic burden on businesses, said an economist.

Yuhang Zone Positions Itself As Smart Manufacturing Hub

KUALA LUMPUR, Oct 12 (Bernama) -- The fifth Global Digital Trade Expo was held in Hangzhou, east China’s Zhejiang Province, gathering over 2,000 global companies to showcase cutting-edge applications of artificial intelligence in digital trade.

Budget 2027: Tax Relief For Care Of Pets Includes Vaccination, Sterilisation

KUALA LUMPUR, Oct 12 (Bernama) -- The government proposes expanding the scope of individual income tax relief for lifestyle to include pet care expenses, such as vaccinations and sterilisation treatments by registered veterinary services.

Rubber Market Ends Higher, SMR 20 Hits 1,074.5 Sen Per Kg

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 12 (Bernama) -- The Kuala Lumpur rubber market finished higher on Monday, with Standard Malaysian Rubber 20 (SMR 20) climbing 13.5 sen to hit 1,074.5 sen per kilogramme (kg), its highest level since May 9, 2012.

Corporate Malaysia Should Use Budget 2027 To Raise Investment, Productivity

KUALA LUMPUR, Oct 12 (Bernama) -- Corporate Malaysia should use the opportunities presented by Budget 2027 to step up investment, improve productivity and build more sustainable and internationally competitive businesses, said CGS International Securities Malaysia Sdn Bhd (CGS MY).

IOIPG Malaysia REIT Signs Underwriting Agreement For Main Market IPO

KUALA LUMPUR, Oct 12 (Bernama) -- IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT), which is seeking a listing on Bursa Malaysia Securities Bhd’s Main Market, has signed of an underwriting agreement with a syndicate of six financial institutions for its initial public offering (IPO).

DIC Expands Low-Solvent ECOVART Ink Rollout To Asia

KUALA LUMPUR, Oct 12 (Bernama) -- DIC Corporation will begin the global rollout of its ECOVART gravure ink, which requires significantly less solvent than conventional gravure inks, focusing on Japan, the People’s Republic of China (PRC) and Southeast Asia.

Malaysia’s Total Palm Oil Stocks Surge 24.54 Pct To 3.51 Million Tonnes In September

KUALA LUMPUR, Oct 12 (Bernama) -- Malaysia’s total palm oil stocks rose by 691,835 tonnes, or 24.54 per cent, to 3.51 million tonnes in September this year from 2.8 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).

e-Commerce Bill Can Promote Consistent Standards Across Industry - Lazada

KUALA LUMPUR, Oct 12 (Bernama) -- The new E-Commerce Bill, to be tabled in the next parliamentary sitting, can offer an opportunity to strengthen consistent standards across the industry, according to Lazada Malaysia.

Government Committed To Gradually Reducing Fiscal Deficit – Treasury Sec-Gen

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.

EU Backs Malaysia’s Push To Move Up Semiconductor Value Chain Via Global Gateway

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 12 (Bernama) -- The European Union (EU) recognises Malaysia’s ambition to move further up the semiconductor value chain, with its Global Gateway investment initiative and the proposed Malaysia-EU Free Trade Agreement (MEUFTA) offering opportunities to strengthen economic cooperation between the two sides.

BPMB Entrusted With Over RM7 Bln For Strategic Initiatives Under Budget 2027

KUALA LUMPUR, Oct 12 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) has been entrusted by the government with more than RM7 billion earmarked for strategic initiatives across seven priority sectors under Budget 2027.