5h ago
KUALA LUMPUR, Oct 12 (Bernama) --The Ministry of Finance (MoF) has proposed revising the tax incentives for the Global Services Hub (GSH) to strengthen Malaysia’s competitiveness and attract treasury management activities.
7h ago
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2027 will provide long-term confidence for investors, strengthen the industrial ecosystem, and ensure that small and medium enterprises (SMEs) and the local workforce widely share the economic benefits, according to the Malaysian Investment Development Authority (MIDA).
8h ago
KUALA LUMPUR, Oct 12 (Bernama) -- The government proposes expanding the scope of individual income tax relief for lifestyle to include pet care expenses, such as vaccinations and sterilisation treatments by registered veterinary services.
11h ago
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.
12h ago
KUALA LUMPUR, Oct 12 (Bernama) -- The enhanced Global Services Hub (GSH) tax incentives under Budget 2027, including the five per cent tax rate on qualifying income for eligible new companies, are expected to strengthen Johor’s appeal as a regional business hub, said Iskandar Investment Bhd (IIB).
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’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 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.
2d ago
PUTRAJAYA, Oct 10 (Bernama) – The government will continue to focus on prudent fiscal management in Budget 2027 to return benefits to the people and reduce cost-of-living pressures, especially for low-income households, said Prime Minister Datuk Seri Anwar Ibrahim.
2d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027 is expected to sustain economic growth while maintaining fiscal discipline, with Malaysia’s fiscal deficit projected to narrow to 3.3 per cent of gross domestic product (GDP) next year, according to MBSB Investment Bank Bhd (MBSB IB).
2d ago
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.