Govt Yet To Designate Sabah Site For Low-altitude Economy Living Lab - MITI

KUALA LUMPUR, Oct 12 (Bernama) -- The government has yet to designate any location in Sabah as a living laboratory for the Low-Altitude Economy, as a comprehensive assessment is still required.

iCents Group Secures Semiconductor Facility Project Worth RM36.15 Mln

KUALA LUMPUR, Oct 12 (Bernama) -- iCents Group Holdings Bhd has secured a two-stage semiconductor wafer processing facility project in Selangor with an aggregate potential contract value of RM36.15 million, excluding sales and service tax (SST).

MOF Proposes Global Services Hub Tax Incentive Review To Boost Competitiveness

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.

Ringgit Up Against US Dollar, Other Major Currencies On Positive Budget 2027 Sentiment

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit closed higher against the US dollar and other major currencies on Monday, supported by positive market sentiment following the Budget 2027 announcement last week, an analyst said.

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.

Income Tax Deduction Proposed For Sukuk Prisma Issuance Costs

KUALA LUMPUR, Oct 12 (Bernama) -- Income tax deductions are proposed for the issuance cost of Sukuk Prisma approved or authorised by the Securities Commission Malaysia (SC) or lodged with SC for the assessment years 2027 to 2030.

KLIA To Conduct Full-scale Emergency Exercise On Wednesday – MAHB

SEPANG, Oct 12 (Bernama) -- Kuala Lumpur International Airport (KLIA) will conduct a full-scale emergency exercise, Ex Perisai Panthera 2026, on Runway 2 on Oct 14.

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)

Budget 2027 Boosts Investor Confidence, Widens Economic Benefits - MIDA

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).

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).

BBC Calls For More Structured JS-SEZ Economic Spillover Plan

KUALA LUMPUR, Oct 12 (Bernama) -- The MADANI Government Backbenchers Club (BBC) has proposed that the Economy Ministry and the Ministry of Investment, Trade and Industry (MITI) consider a more structured economic spillover plan for the Johor-Singapore Special Economic Zone (JS-SEZ).

MATRADE Welcomes Budget 2027, RM60 Mln Allocation To Strengthen MSME Exports

KUALA LUMPUR, Oct 12 (Bernama) -- The RM60 million allocation made by the government under Budget 2027 to the Malaysian External Trade Development Corporation (MATRADE) can help to build the capability of local companies to penetrate and diversify into export markets.