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TNB's RM15 Bln Grid Investment To Support Power Reliability, Industrial Growth -- Solarvest

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.

LIAM Welcomes RM200 Mediasas Subsidy For Eligible SME Employees

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.

Budget 2027: Resilient Economic Growth Driving Rakyat's Well-being

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.

Fuel Subsidies Aim To Shield All Income Groups From Oil Price Shocks – Liew

KUALA LUMPUR, Oct 9 (Bernama) -- The government's approach of maintaining fuel subsidies for all segments of society aims to protect the public, including the middle-income group, from global oil price shocks that could drive up the cost of living, Deputy Finance Minister Liew Chin Tong said.

2027 GDP Forecast Factors In Global Uncertainties -- Amir Hamzah

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.

Grab Aims To Raise Gig Workers' Earnings Without Affecting Fares

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.

PNB Welcomes 50-acre Land Endowment To Boost Bumiputera Wealth

KUALA LUMPUR, Oct 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has welcomed the government’s Budget 2027 announcement to endow Yayasan Pelaburan Bumiputra with 50 acres of prime commercial land in Kuala Lumpur, to be managed by PNB.

Gold Futures End Higher, Tracking COMEX Gains

KUALA LUMPUR, Oct 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Friday, tracking gains on the US Commodity Exchange (COMEX).

Ringgit Ends Higher Against Us Dollar On Budget 2027 Fiscal Discipline

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by the government’s commitment to fiscal consolidation under Budget 2027, an analyst said.

Budget 2027 Strengthens Fiscal Position, Supports Long-term Growth -- MARC

KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027 reflects the government's commitment to supporting economic growth while advancing fiscal consolidation, Malaysian Rating Corporation Bhd (MARC) said.

Govt Introducing RM200 Mln In Easy Financing For Oil Palm Replanting

KUALA LUMPUR, Oct 9 (Bernama) -- The government will introduce RM200 million in easy financing to help smallholders cover oil palm replanting costs for up to 40 hectares, with a four-year repayment deferment while waiting for the trees to bear fruit, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Ends Higher As Budget 2027 Provides Fresh Catalysts

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia ended higher today, buoyed by market optimism and sustained buying activity following the Budget 2027 announcement, which provided fresh catalysts for the market.