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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.
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.
KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's gross domestic product (GDP) growth forecast of 4.2 per cent to 5.2 per cent for 2027 takes into account global uncertainties, including ongoing developments overseas, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Oct 9 (Bernama) -- Grab aims to increase the earnings of e-hailing drivers and p-hailing delivery partners from 2027 without affecting passenger fares under a proposed minimum earnings framework.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by the government’s commitment to fiscal consolidation under Budget 2027, an analyst said.
KUALA LUMPUR, Oct 9 (Bernama) -- The government will introduce RM200 million in easy financing to help smallholders cover oil palm replanting costs for up to 40 hectares, with a four-year repayment deferment while waiting for the trees to bear fruit, said Prime Minister Datuk Seri Anwar Ibrahim.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia ended higher today, buoyed by market optimism and sustained buying activity following the Budget 2027 announcement, which provided fresh catalysts for the market.
KUALA LUMPUR, Oct 9 (Bernama) -- Bank Negara Malaysia (BNM) will provide an additional RM5 billion on top of the RM5 billion already allocated to help small and medium enterprises (SMEs) affected by the West Asia conflict finance their businesses, said Prime Minister Datuk Seri Anwar Ibrahim.
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.
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.
KUALA LUMPUR, Oct 9 (Bernama) -- Loan facilities and financing guarantees for micro, small, and medium enterprises (MSMEs) will be increased to RM57 billion in 2027 from RM50 billion, said Prime Minister Datuk Seri Anwar Ibrahim.
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.
