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Budget 2027: Tax Relief To Boost Consumer Spending, Says Rakuten Trade

KUALA LUMPUR, Oct 13 (Bernama) -- Rakuten Trade Sdn Bhd sees the consumer sector as the main beneficiary of Budget 2027, in view of the individual income tax relief that could strengthen spending power among middle-income Malaysians. 

Govt Committed To Controlling Prices Following Minimum Wage Hike - Akmal Nasrullah

KUALA LUMPUR, Oct 13 (Bernama) -- The government will continue to strengthen efforts to stabilise the prices of essential goods to address concerns over rising living costs following the implementation of the RM2,000 minimum wage effective June 2027.

IJM Shares Fall Despite Securing RM1.23 Bln Construction Contract In Kedah

KUALA LUMPUR, Oct 13 (Bernama) -- IJM Corporation Bhd shares fell in early trading today despite its unit securing a RM1.23 billion construction contract in Kedah.

Global Economy To Decelerate To 3.1 Pct In 2026 Before Recovering To 3.4 Pct In 2027 - IMF

KUALA LUMPUR, Oct 13 (Bernama) -- Global growth is projected to decelerate to 3.1 per cent in 2026 from 3.5 per cent in 2025 before recovering to 3.4 per cent in 2027, according to the International Monetary Fund (IMF).  

Budget 2027: Wage Growth Depends On Productivity, Investment - CIMB

KUALA LUMPUR, Oct 13 (Bernama) -- Higher wages under Budget 2027 will require productivity gains, business investment and technology adoption to sustain competitiveness and create better jobs, according to CIMB Treasury and Markets Research.

Bursa Malaysia Opens Lower As Geopolitical Risks, Oil Prices Weigh On Sentiment

KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia retreated to open lower on Tuesday, tracking Wall Street’s mixed performance overnight as persistent geopolitical uncertainties and rebounding oil prices weighed on market sentiment.

Budget 2027 Optimism Lifts Ringgit Despite External Headwinds

By Muhammaf Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit edged higher against the US dollar at the opening, buoyed by optimism surrounding Budget 2027.

Govt Yet To Designate Sabah Site For Low-altitude Economy Living Lab - MITI

KUALA LUMPUR, Oct 12 (Bernama) -- The government has yet to designate any location in Sabah as a living laboratory for the Low-Altitude Economy, as a comprehensive assessment is still required.

Eight Of Malaysia’s Nine Anti-dumping Measures Cover Iron, Steel Products - MITI

KUALA LUMPUR, Oct 12 (Bernama) -- The iron and steel sector is among those frequently facing pressure from dumped imports of intermediate goods, with eight of Malaysia’s nine existing anti-dumping measures covering products in the sector.

AlphaESS, DB Energy Partner For AI Data Centre Power Project In Perak

KUALA LUMPUR, Oct 12 (Bernama) -- Alpha ESS Malaysia Sdn Bhd (AlphaESS) has signed a memorandum of understanding (MoU) with DB Energy Sdn Bhd to collaborate on an integrated hybrid power supply system for an artificial intelligence (AI) data centre project in Bagan Datuk, Perak.

iCents Group Secures Semiconductor Facility Project Worth RM36.15 Mln

KUALA LUMPUR, Oct 12 (Bernama) -- iCents Group Holdings Bhd has secured a two-stage semiconductor wafer processing facility project in Selangor with an aggregate potential contract value of RM36.15 million, excluding sales and service tax (SST).

Budget 2027: Tax Incentives, Stamp Duty Reviewed To Support Local Shipping Companies

KUALA LUMPUR, Oct 12 (Bernama) -- Tax incentives for Malaysian shipping companies are proposed to be reviewed to contribute to the growth of Malaysian shipping fleet and reduce dependence on foreign vessels as well as enhance the inflow of ship freight revenue into Malaysia in the long term.