Malaysia To Reduce Overdependence On Semiconductors, Diversify Economic Growth Sources

KUALA LUMPUR, Oct 12 (Bernama) -- The government will reduce Malaysia’s risk of overdependence on the semiconductor sector by diversifying the electrical and electronics (E&E) value chain and sources of economic growth, as well as by expanding export markets.

Abang Johari Unveils RM14.8 Bln Sarawak Budget For 2027 

KUCHING, Oct 12 (Bernama) -- The Sarawak state government has unveiled a RM14.84 billion budget for 2027, with the theme ‘Together Building Prosperity and Securing Our Futures’.

Malaysia's Natural Rubber Output Rises 9.6 Pct In August

KUALA LUMPUR, Oct 12 (Bernama) -- Malaysia's natural rubber (NR) production increased by 9.6 per cent to 29,510 tonnes in August 2026 from 26,926 tonnes in July 2026, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Stays Higher, With Focus On Technology, Energy Stocks

KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia remained in positive territory at mid-morning on Monday, as Budget 2027 remains neutral to mildly positive for Malaysian equities, with selective beneficiaries in technology and energy.

EPMB, Hebei Shichang To Set Up RM100 Mln Facility To Make Proton Fuel Tanks

KUALA LUMPUR, Oct 12 (Bernama) -- EP Manufacturing Bhd (EPMB) has entered into a joint venture (JV) with Beijing-listed fuel systems company Hebei Shichang Auto Parts Co Ltd to set up a RM100 million manufacturing facility focused on advanced fuel tanks for Proton.

First-Home Buyers To Save On Stamp Duty With Threshold Raised To RM750,000 -- Juwai IQI

KUALA LUMPUR, Oct 12 (Bernama) -- Juwai IQI advised first-home buyers to wait until January 2027 to sign their sales and purchase agreement if the property they intend to buy is priced between RM500,000 and RM750,000.

SkyWorld To Benefit From Earnings Growth With Bukit Jalil Project -- HLIB

KUALA LUMPUR, Oct 12 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is positive about Skyworld Development Bhd’s outlook, driven by major earnings inflection point.

Bursa Malaysia Opens Higher On Positive Budget Sentiment, Wall Street Gains

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.

Ringgit Opens Higher Vs US Dollar On Fiscal Discipline Pledge

KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by the government’s commitment to fiscal discipline following the tabling of Budget 2027 last Friday.

Indonesia, Egypt Push For Economic Partnership Agreement, Joint Investment Fund

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.

Budget 2027 Tax Relief Could Save Five Million Taxpayers Up To RM1,600 Annually — CIMB Securities

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.

Industry Leaders Applaud Budget 2027’s Bold Digital, AI Push

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.