9d ago
KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia opened higher on Monday, buoyed by positive sentiment following Budget 2027 and overnight gains on Wall Street, where a rebound in technology stocks and easing oil prices offset weak US consumer sentiment.
10d ago
By Nik Nurfaqih Nik Wil
JAKARTA, Oct 11 (Bernama) -- Indonesia and Egypt are pushing for an Economic Partnership Agreement (EPA) and the establishment of a joint investment fund to strengthen bilateral trade and investment cooperation.
10d ago
KUALA LUMPUR, Oct 11 (Bernama) – Budget 2027’s personal income tax relief measures could provide annual tax savings of up to RM1,600 for approximately five million taxpayers, supporting middle-income consumption, said CIMB Securities Sdn Bhd.
10d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s digital industry has welcomed Budget 2027 as a significant step forward in accelerating the nation’s digital transformation and artificial intelligence (AI) ambitions, praising its comprehensive focus on the digital economy, infrastructure, rakyat and government.
10d ago
KUALA LUMPUR, Oct 11 (Bernama) – Budget 2027 addresses the pressures faced by urban households, including the squeezed middle and lower-income groups, through measures covering wages, housing, social protection and food affordability, according to the Southeast Asian Futures Initiative Centre (SEAFIC).
10d ago
KUALA LUMPUR, Oct 11 (Bernama) -- The increase in the Rubber Production Incentive (IPG) to RM3.30 per kilogramme (kg) in the tabling of Budget 2027 is expected to help cover part of production costs and provide additional income support for smallholders.
10d ago
PUTRAJAYA, Oct 11 (Bernama) -- National motorcycle manufacturer Motosikal dan Enjin Nasional Sdn Bhd (Modenas) is exploring opportunities to enter the Egyptian market by late 2027 or 2028, with plans to position the country as a strategic export hub for its motorcycles across Africa and the Middle East.
11d ago
PUTRAJAYA, Oct 10 (Bernama) – The government will continue to focus on prudent fiscal management in Budget 2027 to return benefits to the people and reduce cost-of-living pressures, especially for low-income households, said Prime Minister Datuk Seri Anwar Ibrahim.
11d ago
By Nur Fatin Mohmad Kadenen
JOHOR BAHRU, Oct 10 (Bernama) -- The decision to set February 2027 as the operational launch date for the Johor Bahru-Singapore Rapid Transit System (RTS) Link will not directly affect the state’s investment attractiveness, particularly in the Johor-Singapore Special Economic Zone (JS-SEZ).
11d ago
By Niam Seet Wei
KUALA LUMPUR, Oct 10 (Bernama) -- The increase in individual tax relief, coupled with the one-percentage-point reduction in income tax rates for the middle-income group (M40) proposed in Budget 2027, could provide additional disposable income of up to RM1,600 for roughly five million taxpayers, says KPMG Malaysia.
11d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Perbadanan Usahawan Nasional Bhd (PUNB) welcomes the increase in its financing fund to RM500 million under Budget 2027, up from RM350 million, to support Bumiputera entrepreneurs.
11d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The Budget 2027 reinforces Malaysia’s ambition to build a more productive and resilient economy while ensuring that progress delivers meaningful benefits to businesses and households, according to Hong Leong Bank (HLB).