3d 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).
3d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027 will continue to strengthen Malaysia’s long-term competitiveness and economic growth while prioritising the people through measures to ease the cost of living, raise wages and widen opportunities, said Khazanah Nasional Bhd.
3d 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 Nor Baizura Basri
KUALA LUMPUR, Oct 9 (Bernama) -- The 2027 Budget provides a fair and equitable share for citizens from all strata of life, despite the government navigating a tough global landscape, as it is fully cognizant of the challenges ordinary people face in their everyday lives.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) welcomes the one per cent corporate income tax reduction for micro, small and medium enterprises (MSMEs) under Budget 2027, which is expected to provide up to RM6,000 in tax savings to over 300,000 SMEs.
3d ago
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.
4d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Bank Negara Malaysia (BNM) will provide an additional RM5 billion on top of the RM5 billion already allocated to help small and medium enterprises (SMEs) affected by the West Asia conflict finance their businesses, said Prime Minister Datuk Seri Anwar Ibrahim.
4d 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.
4d 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).
4d ago
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.
4d ago
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and S.Kisho Kumari
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s Budget 2027, totalling RM459.8 billion, aims to turn resilient economic growth into real gains for the people with better wages, smarter targeted support, stronger fiscal discipline and a bold push towards higher-value industries.
4d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The MADANI government has worked to rebuild Malaysia's fiscal resilience by bringing down the fiscal deficit from 6.4 per cent of gross domestic product (GDP) in 2021 to 3.6 per cent in 2026, with a further reduction to 3.3 per cent expected through gradual and measured fiscal consolidation.