Approved Investments Rise To RM218.5 Bln In First Half Of 2026 - PM Anwar
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s approved investments rose 11.7 per cent to RM218.5 billion in the first half of 2026, said Prime Minister Datuk Seri Anwar Ibrahim.
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MSMEs Loan Facilities, Financing Guarantees Increased To RM57 Bln
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.
Global Services Hub To Enjoy 5 Pct Preferential Tax Rate From Jan 1, 2027 - PM Anwar
KUALA LUMPUR, Oct 9 (Bernama) -- The government plans to improve the Global Services Hub (GSH) tax incentive by implementing a preferential tax rate of five per cent on income generated from GSH activities for new companies, starting Jan 1, 2027, said Prime Minister Datuk Seri Anwar Ibrahim.
Malaysia’s Fiscal Deficit To Narrow To 3.3 Pct In 2027 -- MoF
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.
Govt Continues To Strengthen Islamic Economy, Offers Up To RM5,000 Matching Grants To MSMEs For Halal Certification
KUALA LUMPUR, Oct 9 (Bernama) -- The government has agreed to provide matching grants of up to RM5,000 to micro, small, and medium enterprises (MSMEs) seeking halal certification for the first time, said Prime Minister Datuk Seri Anwar Ibrahim.
Budget 2027: Up To 100 Pct Investment Tax Allowance For Green Technology Projects
KUALA LUMPUR, Oct 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that tax incentives will be enhanced and extended until Dec 31, 2030, to encourage more companies to adopt green and sustainable technologies.
Govt, Grab To Fund RM160 Mln Package To Boost E-hailing Workers Income
KUALA LUMPUR, Oct 9 (Bernama) -- The government and Grab have agreed to jointly fund a RM160 million package aimed at increasing the net income and improving the welfare of e-hailing and p-hailing workers starting in 2027, said Prime Minister Datuk Seri Anwar Ibrahim.
Govt Agrees To Fund RM160 Mln Package To Boost Net Income Of e-Hailing, p-Hailing Workers
KUALA LUMPUR, Oct 9 (Bernama) -- The government and Grab have agreed to jointly fund a RM160 million package aimed at increasing the net income and improving the welfare of e-hailing and p-hailing workers starting in 2027, said Prime Minister Datuk Seri Anwar Ibrahim.
Good News For M40, Tax Relief Increased To RM12,000
KUALA LUMPUR, Oct 9 (Bernama) -- The individual tax relief limit has been increased to RM12,000 from RM9,000, which has not been reviewed since 2010, benefiting the middle-income group (M40), said Prime Minister Datuk Seri Anwar Ibrahim.
MADANI Govt Has Successfully Rebuilt Malaysia’s Fiscal Resilience -- PM Anwar
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.
Budget 2027 Estimated At RM459.8 Bln, Up 3.6 Pct From 2026 -- MoF
KUALA LUMPUR, Oct 9 (Bernama) -- The Federal Government has estimated Budget 2027 to be at RM459.8 billion, up 3.6 per cent from the revised 2026 allocation, equivalent to 19.8 per cent of gross domestic product (GDP).
Domestic Demand, Investments To Continue To Drive Malaysia’s Growth Trajectory At 4.2-5.2 Pct In 2027
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.