Malaysia Targets Fiscal Deficit Below 3 Pct Within Two Years – Amir Hamzah

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.

Jati Tinggi Says Business Operations Remain On Track, No Material Change

KUALA LUMPUR, Oct 13 (Bernama) -- Jati Tinggi Group Bhd (JTGroup) said its business operations remain on track, and emphasised that there has been no material change to its business operations or ongoing project execution arising from the recent market volatility.

Bumiputera Companies Must Evolve From Suppliers To Technology Owners, Industry Leaders – Mohd Shahar

KUALA LUMPUR, Oct 13 (Bernama) -- Bumiputera companies need to evolve from suppliers to strategic partners, technology owners and industry leaders.

HIS TIZA To Buy 30 Pct Stake In Mentiga For RM21 Mln

KUALA LUMPUR, Oct 13 (Bernama) -- HIS TIZA Pahang Sdn Bhd (HTP) is acquiring a 30 per cent stake in Pahang-based plantation group Mentiga Corporation Bhd for RM21 million in cash from its largest shareholder, Amanah Saham Pahang Bhd (ASPA).

RedPlanet’s IPO Public Portion Oversubscribed 85.28 Times

KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysian public portion of RedPlanet Bhd’s initial public offering (IPO) has been oversubscribed by 85.28 times, with 7,031 applications for 1.77 billion shares worth approximately RM336.72 million received.

Budget 2027's 3.3 Pct Fiscal Deficit Target Achievable - Tengku Zafrul

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.

NovaAir Targets Above 90 Pct Capacity Utilisation At KL Plant Within Two Years

KUALA LUMPUR, Oct 13 (Bernama) -- Yingde Gases Group Co Ltd's unit NovaAir Industrial Gases Sdn Bhd aims to raise the Kuala Lumpur plant’s capacity utilisation to above 90 per cent within two years. 

Malaysia’s Palm Oil Industry Must Strike Balance Between Sustainability, Profitability – MPOA

BANGKOK, Oct 13 (Bernama) -- Malaysia’s palm oil industry must balance sustainability with long-term profitability and growth, while ensuring that rising compliance costs do not disproportionately burden smallholders, said Malaysian Palm Oil Association (MPOA) chief executive officer Roslin Azmy Hassan.

S P Setia Lauds Budget 2027 Focus On Home Ownership, Johor Growth

KUALA LUMPUR, Oct 13 (Bernama) -- S P Setia Bhd welcomes the measures supporting home ownership, investment, sustainable development and the resilience of Malaysia’s construction ecosystem in Budget 2027.

Malaysia’s Fiscal Deficit To Narrow, But Spending Risks Persist - BMI

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.

Budget 2027 Strengthens Sustainability, Climate Resilience Agenda - Kenanga IB

KUALA LUMPUR, Oct 13 (Bernama) -- Budget 2027 reinforces Malaysia’s sustainability policy direction across decarbonisation, climate resilience and social inclusion, said Kenanga Investment Bank Bhd (Kenanga IB).

Corporate Malaysia Advised To Leverage Budget 2027 For Transformation

KUALA LUMPUR, Oct 13 (Bernama) -- Corporate Malaysia should leverage the opportunities under Budget 2027 to step up investment, improve productivity and build more sustainable and competitive businesses, according to CGS International Securities Malaysia Sdn Bhd (CGS MY).