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EPF Contributors Need Minimum RM100,000 Savings At Age 55 For Retirement - Researcher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 29 (Bernama) -- A university researcher suggested that Employees Provident Fund (EPF) contributors must have at least RM100,000 in savings by the age of 55 to enable them to afford living expenses of RM780 per month after retirement.

MIDA, MINTRED Launch Sarawak Supply Chain Programme To Link Local Firms With Global Markets

KUALA LUMPUR, Sept 29 (Bernama) -- The Sarawak Government today launched the Sarawak Global Supply Chain and Sourcing Programme 2026 to strengthen industrial linkages, develop local enterprises and enhance Sarawak’s participation in regional and global supply chains.

ECRL Extension, Pinglu Canal Set To Enhance Regional Land-sea Connectivity

KUALA LUMPUR, Sept 29 (Bernama) -- The proposed extension of the East Coast Rail Link (ECRL) to Rantau Panjang, Kelantan, will create new opportunities for Malaysia to strengthen regional connectivity, particularly following the opening of China's Pinglu Canal, said Transport Minister Anthony Loke Siew Fook.

GLICs, GLCs To Catalyse Domestic Economy With Additional RM120 Bln Investments - Amir Hamzah

KUALA LUMPUR, Sept 29 (Bernama) -- Government-linked investment companies (GLICs) and government-linked companies (GLCs) are stepping up their role in developing the domestic economy, backed by an additional RM120 billion under the GEAR-uP initiative over 2024-2028.

MOT Seeks Tax Incentives To Encourage Local Shipbuilding, Vessel Repairs

KUALA LUMPUR, Sept 29 (Bernama) -- The Transport Ministry (MOT) has proposed tax incentives under Budget 2027 to encourage more Malaysian vessels to be built and repaired locally, said Transport Minister Anthony Loke Siew Fook.

Malaysia Eyes Six In Ten EPF Members To Hit Basic Savings Benchmark Of RM390,000 By 2030 - PM Anwar

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia aims to have six in 10 Employees Provident Fund (EPF) members on track to reach the ‘Basic Savings’ benchmark of RM390,000 by age 60 by 2030 under the Retirement Income Adequacy (RIA) Framework.

BDO Malaysia Calls For Simpler Tax Rules In Budget 2027

By Niam Seet Wei

KUALA LUMPUR, Sept 29 (Bernama) -- Audit firm BDO Malaysia has called on the government to simplify tax rules and reduce compliance costs in Budget 2027 to lower the cost of doing business. 

Budget 2027 Must Enhance People’s Ability To Adapt To AI To Boost Nation’s Competitive Advantage - HR Consultant

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia must undertake initiatives in Budget 2027 to accelerate the people’s ability to adapt to the dynamics of artificial intelligence (AI) rather than merely adopting it, a move which will help the country raise its competitive advantage.

MDSIDA Urges Direct Selling Industry To Embrace Technology, Drive Growth

KUALA LUMPUR, Sept 28 (Bernama) – The Malaysian Direct Selling Industry Development Association (MDSIDA) urges industry players to embrace technological transformation, including artificial intelligence (AI), to drive growth while maintaining ethical and compliance standards.

Budget 2027: Association Calls For Greater Govt Support To Drive Direct Selling Industry

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Direct Selling Industry Development Association (MDSIDA) has called for greater government allocations and initiatives to develop the direct selling industry in Malaysia in Budget 2027.

Budget 2027: Perak Hopes For Funding For Water Transfer Project, School Infrastructure

IPOH, Sept 28 (Bernama) -- The Perak government hopes Budget 2027 will give due consideration to its request for funding for a water transfer project from the Perak River to Bukit Merah Lake, so that it can be implemented by next year.

Malaysia Entering More Supportive Water Investment Cycle -- CIMB Securities

KUALA LUMPUR, Sept 28 (Bernama) -- Malaysia is entering a more supportive water investment cycle as ageing infrastructure, high water losses and rising industrial and data centre demand, as well as greater climate variability are increasing the urgency to improve water efficiency, reliability, and resilience.