2d ago
By Niam Seet Wei
KUALA LUMPUR, Oct 10 (Bernama) -- The increase in individual tax relief, coupled with the one-percentage-point reduction in income tax rates for the middle-income group (M40) proposed in Budget 2027, could provide additional disposable income of up to RM1,600 for roughly five million taxpayers, says KPMG Malaysia.
2d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Perbadanan Usahawan Nasional Bhd (PUNB) welcomes the increase in its financing fund to RM500 million under Budget 2027, up from RM350 million, to support Bumiputera entrepreneurs.
2d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The Budget 2027 reinforces Malaysia’s ambition to build a more productive and resilient economy while ensuring that progress delivers meaningful benefits to businesses and households, according to Hong Leong Bank (HLB).
2d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2027’s targeted tax measures are expected to support business competitiveness, encourage domestic investment and strengthen Malaysia’s economic resilience amid rising operating costs and global uncertainties, said tax experts.
2d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Kumpulan Wang Persaraan (Diperbadankan) (KWAP) plans to mobilise capital across private markets, strategic sectors and the domestic capital market to support Malaysia’s economic priorities, subject to its investment processes, risk-return considerations and market conditions.
2d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia is expected to trade within the 1,600-1,630 points range next week, with a cautious upside bias on the selective accumulation of blue chips.
2d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading within the RM4.07 to RM4.08 range, as markets digest the Budget 2027 announcements for further cues on the country’s economic outlook.
2d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade between US$4,160 and US$4,180 per troy ounce next week, as markets expect the US Federal Reserve to hold interest rates steady in October following weak US jobs data, an analyst said.
2d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to trade with a cautious upside bias next week as more attractive valuations could encourage selective bargain hunting amid fragile investor sentiment.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027 is expected to channel savings from targeted subsidy reforms and stronger revenue collection back to the rakyat and businesses while maintaining fiscal discipline, said PwC Malaysia.
3d ago
By Nor Baizura Basri
KUALA LUMPUR, Oct 9 (Bernama) -- The 2027 Budget provides a fair and equitable share for citizens from all strata of life, despite the government navigating a tough global landscape, as it is fully cognizant of the challenges ordinary people face in their everyday lives.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) welcomes the one per cent corporate income tax reduction for micro, small and medium enterprises (MSMEs) under Budget 2027, which is expected to provide up to RM6,000 in tax savings to over 300,000 SMEs.