8d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by the government’s commitment to fiscal consolidation under Budget 2027, an analyst said.
8d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027 reflects the government's commitment to supporting economic growth while advancing fiscal consolidation, Malaysian Rating Corporation Bhd (MARC) said.
8d ago
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.
8d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 9 (Bernama) -- The federal government's financing and debt management strategy will continue to balance the need to finance national development priorities with the imperative of preserving fiscal resilience and maintaining debt sustainability.
8d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The MADANI government has worked to rebuild Malaysia's fiscal resilience by bringing down the fiscal deficit from 6.4 per cent of gross domestic product (GDP) in 2021 to 3.6 per cent in 2026, with a further reduction to 3.3 per cent expected through gradual and measured fiscal consolidation.
8d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim, who is also Finance Minister, will table Budget 2027 in the Dewan Rakyat at 3.30 pm today, half an hour earlier than the usual 4 pm slot.
15d ago
By Zufazlin Baharuddin
PETALING JAYA, Oct 2 (Bernama) -- Greater tax certainty for companies and stronger support for small- and medium-cap companies are among the measures that could provide further impetus to Malaysia’s capital market under Budget 2027.
18d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.
22d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Oversea-Chinese Banking Corporation Ltd (OCBC Bank) expects a modest “fiscal slippage” of 0.1 per cent of gross domestic product (GDP) in 2026 for Malaysia, with its fiscal deficit forecast for the country at 3.6 per cent of GDP versus the budgeted 3.5 per cent.
23d ago
KUALA LUMPUR, Sept 24 (Bernama) -- The upcoming Budget 2027 is likely to prioritise measures to boost private consumption and cushion the economy from external shocks amid underwhelming domestic demand in the first half of this year, said an economist.
26d ago
KUALA LUMPUR, Sept 21 (Bernama) -- Budget 2027 should keep expenditure policy growth-supportive while preserving gradual fiscal consolidation, said Kenanga Investment Bank Bhd (Kenanga IB).
1m ago
KUALA LUMPUR, Sept 11 (Bernama) -- Budget 2027 should move Malaysia’s artificial intelligence (AI) agenda beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity and workforce productivity.