3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Guardian Malaysia has welcomed measures in Budget 2027 that recognise healthcare affordability as an essential part of the cost-of-living conversation, particularly the increase in the individual tax relief limit from RM9,000 to RM12,000 for the first time since 2010.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The stamp duty exemptions for the rehabilitation of abandoned housing projects will help facilitate project revival and provide much-needed relief to affected purchasers, said Real Estate And Housing Developers' Association Malaysia (REHDA).
3d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 9 (Bernama) -- Semiconductor-related initiatives under Budget 2027 could help Malaysia move up the global semiconductor value chain by strengthening innovation, intellectual property (IP) creation and the development of high-value technologies, said the Malaysia Semiconductor Industry Association (MSIA).
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- DRB-HICOM Bhd says the tax deduction of up to RM5 million for Malaysian automotive vendors relocating to the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak, will accelerate the development of the automotive hub and strengthen Malaysia’s position as a regional automotive investment destination.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The MADANI Government Backbenchers Club (BBC) has welcomed Budget 2027, describing it as reflecting the government’s commitment to strengthening the national economy and safeguarding the people’s well-being.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The increase in the minimum wage to RM2,000 is an important labour market reform that will improve workers’ livelihoods and support better retirement adequacy for Employees Provident Fund (EPF) members, its chief executive officer, Ahmad Zulqarnain Onn, said.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Tenaga Nasional Bhd’s (TNB) RM15 billion investment in the national grid announced in Budget 2027 today addresses a critical priority and need for the infrastructure to support reliable power and industrial expansion, said Solarvest Holdings Bhd.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) said the government's RM200 first-year premium subsidy under the MediAsas plan for eligible small and medium enterprises (SMEs) will help expand access to basic medical protection among workers.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- An allocation of RM240 million has been set aside for Malaysia's preparations to host the 2027 SEA Games and ASEAN Para Games, said Prime Minister Datuk Seri Anwar Ibrahim.
3d ago
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s Budget 2027 totalling RM459.8 billion is aimed at translating resilient economic growth into tangible benefits for the people through better wages, more efficient targeted assistance, stronger fiscal discipline, and aggressive shift towards higher-value industries.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The government's approach of maintaining fuel subsidies for all segments of society aims to protect the public, including the middle-income group, from global oil price shocks that could drive up the cost of living, Deputy Finance Minister Liew Chin Tong said.
3d ago
By Thivyamalini Ramalu
PUTRAJAYA, Oct 9 (Bernama) -- Civil servants have welcomed the one-off promotion for 12,000 management and professional officers and the RM1,500 Special Financial Assistance under Budget 2027 as meaningful recognition of their contributions that will also help ease the cost of living.