5d 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.
5d 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.
6d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia remained higher at midday supported by continued buying in selected heavyweight stocks, particularly in the consumer products and services, telecommunications and media, as well as industrial products and services sectors, ahead of the tabling of Budget 2027.
6d 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.
6d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Companies Commission of Malaysia (SSM) has extended the period for compound reduction under the Companies Act 1965 and the Companies Act 2016 until Dec 31, 2026.
6d 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.
6d 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.
6d ago
KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has maintained its stable outlook on Indonesia’s non-life insurance segment, citing resilient macroeconomic fundamentals that continue to support premium growth prospects and insurers’ operating earnings.
6d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The government has encouraged adaptive plantation management practices, particularly in water management and soil moisture conservation, to mitigate the impact of the El Nino on oil palm crops.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The government is confident of achieving its target of raising workers’ compensation to 40 per cent of gross domestic product (GDP) by 2030, in line with the aspirations of the 13th Malaysia Plan (13MP), Deputy Economy Minister Datuk Mohd Shahar Abdullah said.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia's stock market remains stable for now, supported by transparent government policies and a conducive environment that encourages foreign fund inflows, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
7d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The government will continue to take legal action and strengthen international cooperation to maximise the recovery of the remaining misappropriated assets of 1Malaysia Development Bhd (1MDB), according to the Ministry of Finance (MoF).