3d ago
By Nurul Hanis Izmir
PUTRAJAYA, Oct 19 (Bernama) — Economic reform efforts implemented by the government over the past four years have helped boost the country’s economy and improve public well-being, said Prime Minister Datuk Seri Anwar Ibrahim.
5d ago
By Kenny Teng
BANGKOK, Oct 17 (Bernama) -- Budget 2027 will strengthen Malaysia’s position in high-value industries by attracting quality investments, deepening local supply chains and developing skilled talent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
6d ago
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s RM83 billion development expenditure allocation under Budget 2027 offers an opportunity to strengthen the country’s economic foundations, expand business opportunities and support sustainable growth, according to Malaysian Rating Corporation Bhd (MARC).
6d ago
KUALA LUMPUR, Oct 16 (Bernama) -- RHB Bank Bhd has maintained its 2027 gross domestic product (GDP) growth forecast for Malaysia at 4.9 per cent, following the tabling of Budget 2027.
9d ago
By Kenny Teng Khoon Hock
BANGKOK, Oct 13 (Bernama) -- Malaysia aims to reduce its fiscal deficit to below three per cent of gross domestic product (GDP) within the next two years through fiscal consolidation, targeted subsidy reforms and stronger private-sector participation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
9d ago
By Karina Imran
KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia is capable of achieving its fiscal deficit target of 3.3 per cent of gross domestic product (GDP) under Budget 2027, provided the assumptions underpinning the budget hold amid global economic and geopolitical uncertainties, said Tengku Datuk Seri Zafrul Abdul Aziz.
9d ago
KUALA LUMPUR, Oct 13 (Bernama) -- Budget 2027 is seen as expansionary, prioritising economic resilience while ensuring continued fiscal consolidation amid elevated external uncertainty, RAM Rating Services Bhd (RAM Ratings).
9d ago
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.
9d ago
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.
10d ago
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.
10d ago
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.
10d ago
KUALA LUMPUR, Oct 12 (Bernama) -- The effectiveness of implementing Budget 2027 depends on how promptly the government disburses aid and how well the federal government, state governments and local authorities coordinate their efforts to reduce the bureaucratic burden on businesses, said an economist.