EU Backs Malaysia’s Push To Move Up Semiconductor Value Chain Via Global Gateway

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 12 (Bernama) -- The European Union (EU) recognises Malaysia’s ambition to move further up the semiconductor value chain, with its Global Gateway investment initiative and the proposed Malaysia-EU Free Trade Agreement (MEUFTA) offering opportunities to strengthen economic cooperation between the two sides.

FBM KLCI Remains Higher At Midday On Bargain Hunting, Budget 2027 Optimism

KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia’s key index stayed higher at midday, supported by selective bargain hunting and optimism surrounding Budget 2027, and in line with the rebound on Wall Street.

EPMB, Hebei Shichang To Set Up RM100 Mln Facility To Make Proton Fuel Tanks

KUALA LUMPUR, Oct 12 (Bernama) -- EP Manufacturing Bhd (EPMB) has entered into a joint venture (JV) with Beijing-listed fuel systems company Hebei Shichang Auto Parts Co Ltd to set up a RM100 million manufacturing facility focused on advanced fuel tanks for Proton.

Industry Leaders Applaud Budget 2027’s Bold Digital, AI Push

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.

Budget 2027: Tax, Stamp Duty Incentives To Ease Shipowners’ Financing Constraints

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.

Funding Societies: RM270 Mln Budget 2027 Allocation To Boost Sme Access To Private Capital

KUALA LUMPUR, Oct 11 (Bernama) -- The RM270 million allocation under Budget 2027 to help small and medium enterprises (SMEs), mid-sized companies and social enterprises attract private capital through equity crowdfunding (ECF) and peer-to-peer (P2P) financing platforms will lower the cost of financing and barriers to accessing capital, according to Funding Societies Malaysia.

Budget 2027 Advances MADANI Blueprint Vision Of Shared Prosperity - CIMB IB

KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027 reflects continued progress in building on Malaysia’s success in raising the ceiling while lifting the floor, fulfilling the MADANI blueprint’s vision of shared prosperity, said CIMB Investment Bank Bhd (CIMB IB).

Investors Await JS-SEZ Blue Print, February RTS Launch Not Expected To Affect Investment - JETCO

By Nur Fatin Mohmad Kadenen

JOHOR BAHRU, Oct 10 (Bernama) -- The decision to set February 2027 as the operational launch date for the Johor Bahru-Singapore Rapid Transit System (RTS) Link will not directly affect the state’s investment attractiveness, particularly in the Johor-Singapore Special Economic Zone (JS-SEZ).

Budget 2027 To Strengthen Enterprises, Productivity And Household Wellbeing - HLB

KUALA LUMPUR, Oct 10 (Bernama) -- The Budget 2027 reinforces Malaysia’s ambition to build a more productive and resilient economy while ensuring that progress delivers meaningful benefits to businesses and households, according to Hong Leong Bank (HLB).

Budget 2027: Selangor Commits RM50 Mln To National Semiconductor Fund

KUALA LUMPUR, Oct 10 (Bernama) -- The Selangor government has committed RM50 million to the National Strategic Investment Fund, joining Khazanah Nasional Bhd and the Penang government in a RM150 million initiative to accelerate the growth of Malaysian semiconductor and advanced technology companies.

Budget 2027 Tax Measures To Support Businesses, Boost Productivity – Experts

KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027’s targeted tax measures are expected to support business competitiveness, encourage domestic investment and strengthen Malaysia’s economic resilience amid rising operating costs and global uncertainties, said tax experts.

Ringgit Expected To Strengthen Next Week Amid More Cues From Budget 2027

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading within the RM4.07 to RM4.08 range, as markets digest the Budget 2027 announcements for further cues on the country’s economic outlook.