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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.

FMM Urges Budget 2027 Incentives For Pollution Prevention, Green Technologies

KUALA LUMPUR, Oct 9 (Bernama) --  The Federation of Malaysian Manufacturing (FMM) has called on the government to introduce stronger incentives under Budget 2027 for environmental technologies, pollution prevention, industrial research and development, innovation, and small and medium enterprise (SME) sustainability investments.

Budget 2027 Sets Out To Balance Growth, Fiscal Discipline, Economic Resilience

KUALA LUMPUR, Oct 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim, who is also Finance Minister, will table Budget 2027 in the Dewan Rakyat at 3.30 pm today, half an hour earlier than the usual 4 pm slot.

Avolution-Deloitte India Alliance To Advance Enterprise Architecture, AI Adoption

KUALA LUMPUR, Oct 8 (Bernama) -- Avolution, an enterprise architecture solutions provider, and Deloitte India have announced a strategic alliance to help organisations strengthen enterprise architecture capabilities and make more informed technology and transformation decisions through Avolution’s ABACUS platform.

Indonesia Insurers Face Margin Pressure Despite Stable Outlook - AM Best

KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has maintained its stable outlook on Indonesia’s non-life insurance segment, citing resilient macroeconomic fundamentals that continue to support premium growth prospects and insurers’ operating earnings.

Medisca, EUROAPI Partner To Expand API Access In North America 

KUALA LUMPUR, Oct 8 (Bernama) -- Medisca and EUROAPI have formed a strategic partnership to expand access to active pharmaceutical ingredients (APIs) for pharmaceutical compounding in North America and explore opportunities in additional markets and peptide development.

CGS International Maintains Overweight Rating On Utilities Sector

KUALA LUMPUR, Oct 8 (Bernama) -- CGS International Securities Malaysia Sdn Bhd is maintaining its “Overweight” call on the utilities sector with positive spillover across the listed market as faster Corporate Renewable Energy Supply Scheme (CRESS) adoption solidifies the sector’s growth.

TNB's Additional Tax Claim Not Passed On To Consumers Via Tariffs — MOF

KUALA LUMPUR, Oct 7 (Bernama) -- The additional tax claim against Tenaga Nasional Bhd (TNB) will not result in the cost being passed on to consumers through electricity tariff hikes, said the Ministry of Finance (MOF).

Malaysian Cooperatives Can Help Boost ASEAN Healthcare, Education Collaborations -- Mohamad Alamin

KUALA LUMPUR, Oct 7 (Bernama) -- Collaborations between cooperatives and private companies can be expanded into sectors such as healthcare and education and serve as a model for strengthening cooperation between Malaysian cooperatives and ASEAN countries, said Deputy Entrepreneur Development and Cooperatives Minister Datuk Mohamad Alamin.

Budget 2027: Fiscal Deficit Expected To Narrow To 3.3 Pct Of GDP - Apex Securities

KUALA LUMPUR, Oct 7 (Bernama) -- Malaysia’s fiscal deficit is expected to narrow to RM76 billion, or 3.3 per cent of gross domestic product (GDP), in 2027 from an estimated 3.5 per cent in 2026, keeping the government on track towards its medium-term target of 3.0 per cent by 2028

Johor Port Explores Belawan-Johor Trade Corridor To Boost Malaysia-Indonesia Connectivity

PASIR GUDANG, Oct 7 (Bernama) -- Johor Port Bhd (Johor Port), a member of MMC Group, is actively exploring opportunities with PT Pelabuhan Indonesia (Persero) Regional 1 Belawan to establish a stronger maritime trade corridor connecting north Sumatra’s Belawan and Johor.

Digital Perak, SCDB Sign MoU For RM7.5 Mln STEM, AI Ecosystem

IPOH, Oct 6 (Bernama) -- Digital Perak Corporation Holdings has signed a memorandum of understanding (MoU) with Spark Capital Development Bhd (SCDB) to establish a comprehensive Science, Technology, Engineering and Mathematics (STEM) and artificial intelligence (AI) ecosystem in the state.