12h ago
KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia opened higher on Monday, buoyed by positive sentiment following Budget 2027 and overnight gains on Wall Street, where a rebound in technology stocks and easing oil prices offset weak US consumer sentiment.
13h ago
KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by the government’s commitment to fiscal discipline following the tabling of Budget 2027 last Friday.
1d ago
By Nik Nurfaqih Nik Wil
JAKARTA, Oct 11 (Bernama) -- Indonesia and Egypt are pushing for an Economic Partnership Agreement (EPA) and the establishment of a joint investment fund to strengthen bilateral trade and investment cooperation.
1d ago
KUALA LUMPUR, Oct 11 (Bernama) – Budget 2027’s personal income tax relief measures could provide annual tax savings of up to RM1,600 for approximately five million taxpayers, supporting middle-income consumption, said CIMB Securities Sdn Bhd.
1d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s digital industry has welcomed Budget 2027 as a significant step forward in accelerating the nation’s digital transformation and artificial intelligence (AI) ambitions, praising its comprehensive focus on the digital economy, infrastructure, rakyat and government.
1d ago
KUALA LUMPUR, Oct 11 (Bernama) – Budget 2027 addresses the pressures faced by urban households, including the squeezed middle and lower-income groups, through measures covering wages, housing, social protection and food affordability, according to the Southeast Asian Futures Initiative Centre (SEAFIC).
1d ago
KANGAR, Oct 11 (Bernama) -- Bilateral trade between Malaysia and Uzbekistan reached RM430.20 million (US$108 million) in the first six months of this year, reflecting significant potential for expanding economic cooperation between the two countries.
1d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’s personal tax relief measures are expected to provide additional financial breathing room for middle-income earners (M40), while targeted incentives for businesses and investors could support investment growth, according to PwC Malaysia.
1d ago
KUALA LUMPUR, Oct 11 (Bernama) -- The increase in the Rubber Production Incentive (IPG) to RM3.30 per kilogramme (kg) in the tabling of Budget 2027 is expected to help cover part of production costs and provide additional income support for smallholders.
1d ago
JAKARTA, Oct 11 (Bernama) -- Malaysia has again emerged as the largest foreign investor in Indonesia's Banten province between 2023 and 2025, recording Rp43 trillion or RM9.81 billion (Rp1 mln = RM228.10) in realised investments.
1d ago
PUTRAJAYA, Oct 11 (Bernama) -- National motorcycle manufacturer Motosikal dan Enjin Nasional Sdn Bhd (Modenas) is exploring opportunities to enter the Egyptian market by late 2027 or 2028, with plans to position the country as a strategic export hub for its motorcycles across Africa and the Middle East.
1d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’s extension of the income tax exemption and fixed stamp duty rates on ship financing is expected to ease financing constraints for Malaysian shipowners facing stringent collateral requirements and mismatches between loan tenures and ships’ useful lives.