3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The government has allocated RM60 million to the Malaysia External Trade Development Corporation (MATRADE) for next year to help local companies build the capacity to enter and diversify into overseas markets.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s approved investments rose 11.7 per cent to RM218.5 billion in the first half of 2026, said Prime Minister Datuk Seri Anwar Ibrahim.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The government plans to improve the Global Services Hub (GSH) tax incentive by implementing a preferential tax rate of five per cent on income generated from GSH activities for new companies, starting Jan 1, 2027, said Prime Minister Datuk Seri Anwar Ibrahim.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that tax incentives will be enhanced and extended until Dec 31, 2030, to encourage more companies to adopt green and sustainable technologies.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The individual tax relief limit has been increased to RM12,000 from RM9,000, which has not been reviewed since 2010, benefiting the middle-income group (M40), said Prime Minister Datuk Seri Anwar Ibrahim.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Federal Government has estimated Budget 2027 to be at RM459.8 billion, up 3.6 per cent from the revised 2026 allocation, equivalent to 19.8 per cent of gross domestic product (GDP).
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s share price rose on expectations that higher allocations for Sumbangan Asas Rahmah (SARA) and Sumbangan Tunai Rahmah (STR) under Budget 2027 could boost consumer spending at value retailers.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has called on the government to introduce stronger incentives under Budget 2027 for environmental technologies, pollution prevention, industrial research and development, innovation, and small and medium enterprise (SME) sustainability investments.
3d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia opened higher on Friday ahead of the tabling of Budget 2027 today, with investors monitoring measures to support strategic industries and household spending.
3d ago
By K. Naveen Prabu
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened marginally higher against the US dollar on Friday, with markets remaining cautious as they continued to assess the fiscal outlook ahead of the tabling of Budget 2027.
3d 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.
3d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has accepted the proposal to establish a disaster and disease control fund for the agri-commodity sector as one of Budget 2027’s main initiatives to help reduce losses for smallholders due to natural disasters, pest attacks, and crop diseases.