3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The measures announced in Budget 2027 will enable Malaysian companies to build capabilities, expand their market reach and pursue larger opportunities, said Bursa Malaysia Bhd.
3d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Oct 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday as an export duty waiver for the commodity failed to materialise in Budget 2027.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The stamp duty exemptions for the rehabilitation of abandoned housing projects will help facilitate project revival and provide much-needed relief to affected purchasers, said Real Estate And Housing Developers' Association Malaysia (REHDA).
3d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 9 (Bernama) -- Semiconductor-related initiatives under Budget 2027 could help Malaysia move up the global semiconductor value chain by strengthening innovation, intellectual property (IP) creation and the development of high-value technologies, said the Malaysia Semiconductor Industry Association (MSIA).
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- DRB-HICOM Bhd says the tax deduction of up to RM5 million for Malaysian automotive vendors relocating to the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak, will accelerate the development of the automotive hub and strengthen Malaysia’s position as a regional automotive investment destination.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The increase in the minimum wage to RM2,000 is an important labour market reform that will improve workers’ livelihoods and support better retirement adequacy for Employees Provident Fund (EPF) members, its chief executive officer, Ahmad Zulqarnain Onn, said.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Tenaga Nasional Bhd’s (TNB) RM15 billion investment in the national grid announced in Budget 2027 today addresses a critical priority and need for the infrastructure to support reliable power and industrial expansion, said Solarvest Holdings Bhd.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) said the government's RM200 first-year premium subsidy under the MediAsas plan for eligible small and medium enterprises (SMEs) will help expand access to basic medical protection among workers.
3d ago
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s Budget 2027 totalling RM459.8 billion is aimed at translating resilient economic growth into tangible benefits for the people through better wages, more efficient targeted assistance, stronger fiscal discipline, and aggressive shift towards higher-value industries.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The government's approach of maintaining fuel subsidies for all segments of society aims to protect the public, including the middle-income group, from global oil price shocks that could drive up the cost of living, Deputy Finance Minister Liew Chin Tong said.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has welcomed the government’s Budget 2027 announcement to endow Yayasan Pelaburan Bumiputra with 50 acres of prime commercial land in Kuala Lumpur, to be managed by PNB.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Friday, tracking gains on the US Commodity Exchange (COMEX).