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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.
KUALA LUMPUR, Oct 14 (Bernama) -- The RM2 billion investment to develop the Sovereign AI Cloud in Budget 2026 will enable Malaysia to reap economic benefits, as it allows the country to retain the value created through artificial intelligence (AI) by keeping revenues, jobs and intellectual property within its national borders, an information technology (IT) specialist said today.
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.
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 13 (Bernama) -- The World Bank acknowledged the government’s efforts to safeguard Malaysia’s long-term fiscal sustainability but maintained a cautious stance on the lower development expenditure (DE) outlined in Budget 2026.
KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is committed to fully utilising the allocations announced under Budget 2026 to strengthen support for micro, small and medium enterprises (MSMEs) in penetrating global markets.
KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysia Internet Exchange (MyIX) has welcomed the MADANI Budget 2026 as a decisive step to strengthen Malaysia’s digital backbone, citing the government’s emphasis on submarine cable infrastructure, nationwide connectivity, 5G expansion, artificial intelligence (AI) and digital inclusion as critical enablers of the nation’s future.
From Niam Seet Wei
OSAKA, Oct 13 (Bernama) -- The Malaysia Pavilion at Expo 2025 Osaka showcases the early results of Budget 2026’s fiscal vision, reflecting governance reform, green transition, and small and medium-sized enterprise (SME) empowerment on the global stage, says International Trade and Industry Ministry (MITI) Secretary-General Datuk Hairil Yahri Yaacob.
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.
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) will spearhead over RM9 billion worth of strategic initiatives under Budget 2026 to drive the MADANI Economy vision through impact-driven financing, export facilitation and micro, small and medium enterprises (MSMEs) ecosystem development.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit opened flat against the US dollar on Monday morning as investors remained biased towards the greenback, while positive local developments following Budget 2026 helped offset the pressure.
KUALA LUMPUR, Oct 12 (Bernama) -- Malaysia’s equity market is expected to react mildly positively to Budget 2026, given the absence of negative surprises or new tax measures that could increase business costs, according to CIMB Securities Sdn Bhd.
KUALA LUMPUR, Oct 12 (Bernama) -- Further innovation in technology solutions and strong public-private partnerships are needed to meet Malaysia’s national connectivity goals, said EdgePoint Infrastructure, a telecommunications infrastructure provider.
