15h ago
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 strikes a balance between delivering investment stimulus, supporting the growth of new economic sectors and providing social relief, while maintaining fiscal discipline to stay on track with the Fiscal Responsibility Act’s medium-term target of a 3.0 per cent budget deficit to gross domestic product.
22h ago
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.
1d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s net borrowings are expected to decline slightly in 2026 as further fiscal consolidation under the government’s medium-term fiscal strategy reduces the deficit to RM74.6 billion (2025: -RM76.7 billion), CIMB Investment Bank Bhd said.
1d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit is anticipated to trade within a stable range against the US dollar next week, as external greenback strength is moderated by Malaysia’s improving fiscal outlook following Friday’s Budget 2026 announcement.
2d 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).
2d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Following are the highlights from the Finance Ministry’s Economic Outlook 2026 and Fiscal Outlook and Federal Government Revenue Estimates 2026 reports:
2d ago
By Anas Abu Hassan & K Naveen Prabu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s debt servicing charges (DSC) are projected to increase by 7.6 per cent to RM54.3 billion in 2025, accounting for 16.3 per cent of total revenue compared to a 9.0 per cent increase of RM50.5 billion or 15.6 per cent in 2024.
2d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 10 (Bernama) -- Public sector entities will remain as a catalyst for sustained and inclusive economic growth, anchored by the 13th Malaysia Plan 2026-2030.
2d ago
By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 10 (Bernama) -- The government's revenue collection is estimated at RM343.1 billion, driven by an improvement in both direct and indirect tax collection.
2d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 10 (Bernama) – The Malaysian economy is expected to experience moderate growth of four to 4.5 per cent in 2026 compared to 2025 on the back of a challenging global landscape, said Prime Minister Datuk Seri Anwar Ibrahim.
2d ago
By Mikhail Raj Abdullah, Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 10 (Bernama) – Higher exports of semiconductors and artificial intelligence (AI) edge applications will be among a slew of factors sustaining Malaysia’s economic growth next year at a commendable rate of between 4.0 and 4.5 per cent – against 4.0 to 4.8 per cent this year – despite acute trade challenges, the Ministry of Finance (MoF) said today.
2d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Friday as investors stayed on the sidelines amid mixed sentiment ahead of the tabling of Budget 2026 this afternoon.