LATEST NEWS   The RM1,000 special financial aid will benefit about 38,000 taxi and rental car drivers and 15,000 school bus drivers nationwide - PM Anwar | Government to provide RM1,000 special financial assistance to each taxi, rental car and school bus driver who meets the set criteria - PM Anwar | Selangor is not for cheap land or labour, but for long-term partnerships and Malaysia’s brightest minds -- Selangor Menteri Besar | Parliamentary Services Act 2025: Govt hopes new parliamentary autonomy and powers will enhance professionalism and decorum in debates - PM Anwar | Parliamentary Services Act fulfils reform pledge and strengthens the country’s democracy - PM Anwar | 

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Budget 2027 To Strengthen Rubber Glove Sector’s Resilience, Transformation – MARGMA

KUALA LUMPUR, Oct 14 (Bernama) -- Budget 2027 aims to strengthen Malaysia’s economic resilience, support industrial transformation and enhance workforce development in the rubber glove sector, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).

Malaysia’s Fiscal Deficit To Narrow, But Spending Risks Persist - BMI

KUALA LUMPUR, Oct 13 (Bernama) -- BMI has maintained its forecast for Malaysia’s fiscal deficit to narrow to 3.4 per cent of gross domestic product (GDP) in 2027 from an estimated 3.6 per cent in 2026.

RM2,000 Minimum Wage Agreed Upon, MSMEs Given More Time – Johan

KUALA LUMPUR, Oct 12 (Bernama) -- The RM2,000 minimum wage under Budget 2027 has been agreed upon by the National Wage Consultative Council, which also comprises representatives of workers and employers.

Budget 2027 Balances Rakyat’s Needs With Fiscal Discipline - Economist

KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2027 balances addressing the rakyat’s needs with fiscal discipline, but structural reforms are still needed to strengthen Malaysia’s long-term fiscal position, said economists.

Govt Working Closely With Energy Commission, TNB To Review Electricity Subsidies For 2027 - Johan

KUALA LUMPUR, Oct 12 (Bernama) --The government is working closely with the Energy Commission (EC) and Tenaga Nasional Bhd (TNB) to review the way forward for electricity subsidies next year, as the current 800 kilowatt-hours (kWh) monthly consumption threshold is set to expire in December 2026.

e-Commerce Bill Can Promote Consistent Standards Across Industry - Lazada

KUALA LUMPUR, Oct 12 (Bernama) -- The new E-Commerce Bill, to be tabled in the next parliamentary sitting, can offer an opportunity to strengthen consistent standards across the industry, according to Lazada Malaysia.

Tax Exemption Extension To Attract Shipping Firms To Malaysia -- Loke

PUTRAJAYA, 12 Okt (Bernama) -- A 10-year extension of income tax exemptions is expected to encourage more shipping companies to register their vessels in Malaysia rather than in other countries offering tax incentives, Transport Minister Anthony Loke said.

Balance Fiscal Constraints With Development -- Akmal Nasrullah

KUALA LUMPUR, Oct 12 (Bernama) -- The government must balance fiscal constraints with the need to sustain national development and rakyat protection, said Economy Minister Akmal Nasrullah Mohd Nasir.

Budget 2027 Tax Measures To Benefit M40, Boost Investment -- PwC Malaysia

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.

Budget 2027: Rubber Production Incentive Hike To Help Cover Smallholders' Costs -- PKPKM

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. 

Modenas Eyes Egypt As Export Hub For Africa, Middle East By 2028

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.

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.