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KUALA LUMPUR, Oct 9 (Bernama) -- DRB-HICOM Bhd says the tax deduction of up to RM5 million for Malaysian automotive vendors relocating to the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak, will accelerate the development of the automotive hub and strengthen Malaysia’s position as a regional automotive investment destination.
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.
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.
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.
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.
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.
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.
KUALA LUMPUR, Oct 9 (Bernama) -- The government has allocated RM60 million to the Malaysia External Trade Development Corporation (MATRADE) for next year to help local companies build the capacity to enter and diversify into overseas markets.
KUALA LUMPUR, Oct 9 (Bernama) -- Loan facilities and financing guarantees for micro, small, and medium enterprises (MSMEs) will be increased to RM57 billion in 2027 from RM50 billion, said Prime Minister Datuk Seri Anwar Ibrahim.
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.
KUALA LUMPUR, Oct 9 (Bernama) -- Kioxia Corporation, a global memory solutions provider, has announced its first E1.L form factor solid-state drive (SSD) built with eighth-generation BiCS FLASH quad-level cell (QLC) flash memory.
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).
