LATEST NEWS   11-year-old boy dies from head injuries believed to have been caused by homemade ‘Ginsok’ firearm in Sook on Saturday - Keningau police chief | Police seize 42 air rifles, 456 boxes of pellets and arrest 50-year-old man in Sook raid - Keningau police chief | Haze: Johor to hold solat hajat (special prayers) at all mosques and surau from today until conditions improve - Exco | Haze: Schools under PPD of Hulu Langat, Petaling Perdana, Kuala Langat, Sepang, Kuantan and Rompin also to close tomorrow - Fadhlina | Haze: Schools in Johor, Melaka, Negeri Sembilan and Putrajaya to close tomorrow - Fadhlina | 

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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.

Govt Extends Tax Incentive For Angel Investors

KUALA LUMPUR, Oct 12 (Bernama) -- The government has proposed to extend tax incentives for angel investors by four years to attract more investors to provide capital funding to technology start-up companies at the pre-seed and seed stages.

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.

Bursa Malaysia Extends Gains As Banking Stocks Rally On Budget 2027 Measures

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia continued last week’s positive performance, led by bargain hunting in banking stocks as Budget 2027 offered additional support through measures targeting small and medium enterprises (SMEs) lending, housing financing and investment-driven credit growth.

Going Asset Management Recognised For Financial Technology Innovation

KUALA LUMPUR, Oct 12 (Bernama) -- Going International Asset Management Limited has received the Capital Excellence Fund Award at the Capital Merits of Achievement in Banking and Finance 2026 for its financial technology innovation, quantitative investment research and development capabilities, and fund performance.

Budget 2027 Effectiveness Depends On Prompt Aid Distribution, Government Coordination – Economist

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.

Budget 2027: MSME Income Tax Rate Proposed To Be Reduced By One Percentage Point

KUALA LUMPUR, Oct 12 (Bernama) -- The income tax rate for micro, small and medium enterprises (MSMEs) is proposed to be revised, including a one percentage point reduction for the two lowest taxable income bands, effective from the 2027 assessment year.

Budget 2027: Stamp Duty Remission For Mid-tier Companies' Financing Proposed

KUALA LUMPUR, Oct 12 (Bernama) -- Stamp duty remission exceeding RM10 has been proposed for second-tier agreements between mid-tier companies (MTCs) and financial institutions involving excess credit facilities extended to micro, small and medium enterprises (MSMEs), for the period from Jan 1, 2027 to Dec 31, 2030.

Levoit Singapore Donates SG$18,000 To SPCA For Animal Welfare

KUALA LUMPUR, Oct 12 (Bernama) -- Levoit Singapore has secured an SG$18,000 donation for its “Home for Paws, Air for All” campaign, marking the conclusion of a three-month campaign, which ran from April to June 2026. (SG$1=RM3.18)

Rubber Market Ends Higher, SMR 20 Hits 1,074.5 Sen Per Kg

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 12 (Bernama) -- The Kuala Lumpur rubber market finished higher on Monday, with Standard Malaysian Rubber 20 (SMR 20) climbing 13.5 sen to hit 1,074.5 sen per kilogramme (kg), its highest level since May 9, 2012.

Corporate Malaysia Should Use Budget 2027 To Raise Investment, Productivity

KUALA LUMPUR, Oct 12 (Bernama) -- Corporate Malaysia should use the opportunities presented by Budget 2027 to step up investment, improve productivity and build more sustainable and internationally competitive businesses, said CGS International Securities Malaysia Sdn Bhd (CGS MY).