3d ago
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and S.Kisho Kumari
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s Budget 2027, totalling RM459.8 billion, aims to turn resilient economic growth into real gains for the people with better wages, smarter targeted support, stronger fiscal discipline and a bold push towards higher-value industries.
3d 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.
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
By Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's economy is projected to expand by a commendable 4.2-5.2 per cent in 2027, from 4.8-5.3 per cent this year, supported by sustained domestic demand, favourable labour market conditions, continued income growth and firm investment activity, according to the Ministry of Finance (MoF) today.
3d 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.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Citi has appointed Michael Zezas as head of research, reinforcing the company’s commitment to investing in a world-class research franchise and delivering differentiated insights to clients globally.
3d ago
By Anas Abu Hassan
SINGAPORE, Oct 9 (Bernama) -- Malaysia Aviation Group (MAG) is strengthening its maintenance, repair and overhaul (MRO), as well as engineering and supply chain operations through seven strategic partnerships with global aviation, engineering, technology and logistics companies.
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 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.
4d 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.
4d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Thursday, supported by expectations that Malaysia may propose a temporary waiver of export duties in Budget 2027.