1h ago
KUALA LUMPUR, Oct 14 (Bernama) -- Southern Cable Group Bhd has proposed a private placement of up to 10 per cent of its total issued shares to raise as much as RM259 million to finance a multi-year expansion plan aimed at boosting its production capacity.
9h ago
KUALA LUMPUR, Oct 14 (Bernama) -- BMI, a Fitch Solutions company, expects Malaysia’s budget deficit to narrow from an estimated 3.9 per cent of gross domestic product (GDP) in 2025 to 3.6 per cent in 2026, broadly in line with the government’s fiscal projections.
22h ago
KUALA LUMPUR, Oct 13 (Bernama) -- A total of 10,600 applicants, representing 87.2 per cent of the target group under the Electric Motorcycle Usage Incentive Scheme (MARiiCAS), have successfully purchased electric motorcycles with rebates as of Oct 8, the Ministry of Investment, Trade and Industry (MITI) said.
1d ago
KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia’s Budget 2026 represents a clear shift in the government’s fiscal strategy, prioritising efficiency and discipline over new taxes to create spending space, according to economist Geoffrey Williams.
3d ago
KUALA LUMPUR, Oct 11 (Bernama) -- The government’s continued efforts to promote financial inclusion and raise awareness about the importance of life insurance protection through the extension of tax relief and stamp duty can encourage parents, especially young families, to plan early for their children’s financial security.
3d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s gross domestic product (GDP) growth projection for 2026 is between 4.0 and 4.5 percent, taking into account the slightly slower global economic environment, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
3d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 is seen as a balanced one in its broad direction as it continues the government’s fiscal consolidation efforts through deficit reduction measures, said the Federation of Malaysian Manufacturers (FMM).
4d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) has described Budget 2026 as a positive and pragmatic plan that recognises the critical role of Small and Medium Enterprises (SMEs) in driving and sustaining Malaysia's economic growth.
4d ago
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.
4d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim today presented Budget 2026 totalling RM419.2 billion.
4d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s revenue is projected to rise 2.7 per cent to RM343.1 billion in 2026 from RM334.1 billion expected in 2025, mainly driven by tax collections, the Finance Ministry (MoF) said.
4d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The government is committed to expanding the Malaysian Halal Certification (SPHM) recognition, especially to empower micro, small and medium enterprises (MSMEs) in the global halal industry and enhance the country’s export value chain, according to the Prime Minister's Department (PMD).