KUALA LUMPUR, Oct 9 (Bernama) -- The government plans to improve the Global Services Hub (GSH) tax incentive by implementing a preferential tax rate of five per cent on income generated from GSH activities for new companies, starting Jan 1, 2027, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Oct 9 (Bernama) -- The fiscal deficit is projected to narrow to 3.3 per cent of gross domestic product (GDP) in 2027, in line with the medium-term consolidation under the Public Finance and Fiscal Responsibility Act 2023 (Act 850), the Ministry of Finance (MoF) said.
KUALA LUMPUR, Oct 9 (Bernama) -- Kioxia Corporation, a global memory solutions provider, has announced its first E1.L form factor solid-state drive (SSD) built with eighth-generation BiCS FLASH quad-level cell (QLC) flash memory.
KUALA LUMPUR, Oct 9 (Bernama) – Malaysia’s trade remained resilient in the first half of 2026 (1H 2026), with total trade rising 22.4 per cent to RM1.795 trillion, but the country needs to strengthen supply chains and diversify its export markets and import sources to cushion future external shocks, the Ministry of Finance (MoF) said.
KUALA LUMPUR, Oct 9 (Bernama) -- Implementation lags between approved investments and their physical execution pose a structural risk to Malaysia’s economic growth, the Ministry of Finance (MoF) said.
KUALA LUMPUR, Oct 9 (Bernama) -- The government has agreed to provide matching grants of up to RM5,000 to micro, small, and medium enterprises (MSMEs) seeking halal certification for the first time, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Oct 9 (Bernama) -- Government-linked investment companies (GLICs) will invest RM2 billion to empower Bumiputera companies, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Oct 9 (Bernama) – A more systematic approach is required to identify critical inputs, monitor concentrated supply risks and coordinate early intervention in mitigating adverse impact resulting from geopolitical uncertainties, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Oct 9 (Bernama) -- The ASEAN Power Grid (APG) offers Malaysia a vital opportunity to solidify its position in the regional energy market, leveraging its strategic geographical position, well-developed power infrastructure and experience in cross-border electricity trading.
KUALA LUMPUR, Oct 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that tax incentives will be enhanced and extended until Dec 31, 2030, to encourage more companies to adopt green and sustainable technologies.
KUALA LUMPUR, Oct 9 (Bernama) -- The government and Grab have agreed to jointly fund a RM160 million package aimed at increasing the net income and improving the welfare of e-hailing and p-hailing workers starting in 2027, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's financial market is expected to remain resilient and supportive of economic activity, with the continuous role played by the banking system and capital market in meeting financing needs.
