2d ago
PUTRAJAYA, Oct 10 (Bernama) – The government will continue to focus on prudent fiscal management in Budget 2027 to return benefits to the people and reduce cost-of-living pressures, especially for low-income households, said Prime Minister Datuk Seri Anwar Ibrahim.
2d ago
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).
2d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to turn bearish next week due to profit-taking activities.
3d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday as an export duty waiver for the commodity failed to materialise in Budget 2027.
3d ago
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.
3d ago
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.
3d ago
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.
3d ago
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.
3d ago
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.
3d ago
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).
3d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 9 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, with Standard Malaysian Rubber 20 (SMR 20) rising 9.5 sen to hit 1,061 sen per kilogramme (kg), its highest level since May 9, 2012, a dealer said.
3d ago
By Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's economy is projected to expand by a commendable 4.2-5.2 per cent in 2027, from 4.8-5.3 per cent this year, supported by sustained domestic demand, favourable labour market conditions, continued income growth and firm investment activity, according to the Ministry of Finance (MoF) today.