11d ago
PUTRAJAYA, 12 Okt (Bernama) -- A 10-year extension of income tax exemptions is expected to encourage more shipping companies to register their vessels in Malaysia rather than in other countries offering tax incentives, Transport Minister Anthony Loke said.
11d ago
PUTRAJAYA, Oct 12 (Bernama) -- The government is committed to gradually reducing the fiscal deficit to three per cent in the medium term to ensure the country's financial position remains sustainable, with a target to reduce the deficit to 3.3 per cent of gross domestic product (GDP) by 2027.
11d ago
KUALA LUMPUR, Oct 12 (Bernama) -- The government must balance fiscal constraints with the need to sustain national development and rakyat protection, said Economy Minister Akmal Nasrullah Mohd Nasir.
12d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’s personal tax relief measures are expected to provide additional financial breathing room for middle-income earners (M40), while targeted incentives for businesses and investors could support investment growth, according to PwC Malaysia.
12d 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.
12d 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.
12d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’s extension of the income tax exemption and fixed stamp duty rates on ship financing is expected to ease financing constraints for Malaysian shipowners facing stringent collateral requirements and mismatches between loan tenures and ships’ useful lives.
13d 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.
13d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027 reflects continued progress in building on Malaysia’s success in raising the ceiling while lifting the floor, fulfilling the MADANI blueprint’s vision of shared prosperity, said CIMB Investment Bank Bhd (CIMB IB).
13d ago
PUTRAJAYA, Oct 10 (Bernama) -- Malaysia and Egypt will focus on expanding trade and investment cooperation, improving flight connectivity and exploring new areas of economic collaboration at a Joint Commission meeting in the first quarter of next year.
13d 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).
13d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027 is expected to sustain economic growth while maintaining fiscal discipline, with Malaysia’s fiscal deficit projected to narrow to 3.3 per cent of gross domestic product (GDP) next year, according to MBSB Investment Bank Bhd (MBSB IB).