4m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 8 (Bernama) -- The government is expected to table an expansionary Budget 2026, with the fiscal deficit projected at around 3.6 per cent of gross domestic product (GDP), compared with an estimated 3.8 per cent this year, according to an economist.
4m ago
KUALA LUMPUR, Oct 7 (Bernama) -- Budget 2026 will strengthen social protection and lift household resilience, while the investment focus will be on semiconductors, energy transition, digitalisation, startups, and the industries of tomorrow, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
4m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit closed marginally higher on Tuesday against the US dollar amid renewed buying interest.
4m ago
KUALA LUMPUR, Oct 7 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) is calling for higher combined tax relief for education, medical, and health insurance, raising the limit from RM4,000 to RM6,000 under the upcoming Budget 2026.
4m ago
KUALA LUMPUR, Oct 7 (Bernama) -- IBM Malaysia Sdn Bhd hopes that the upcoming Budget 2026 will provide stronger and more targeted incentives for artificial intelligence (AI) to accelerate digital transformation across key sectors of the economy.
4m ago
KUALA LUMPUR, Oct 7 (Bernama) -- The government should allocate funds to develop and upgrade port reception facilities (PRFs) to enhance environmental compliance under the upcoming Budget 2026, said Hexagon Synergy Group, a pioneer in PRF development in Malaysia.
4m ago
By Karina Imran
KUALA LUMPUR, Oct 7 (Bernama) -- Budget 2026 must strike the right balance between fiscal consolidation and growth-supportive measures to ensure resilience in the banking sector and the broader economy, said RHB Banking Group.
4m ago
KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit opened higher against the US dollar, supported by renewed buying interest amid optimism that the Malaysian government will maintain fiscal discipline and gradually reduce the fiscal deficit as a percentage of gross domestic product in Budget 2026.
4m ago
KUALA LUMPUR, Oct 6 (Bernama) -- With the 2025 budget deficit on track to meet the target of 3.8 per cent of gross domestic product (GDP), Budget 2026 is expected to continue fiscal consolidation, aiming to narrow the deficit to 3.6 per cent of GDP, Maybank Investment Bank (Maybank IB) said today.
4m ago
By Anas Abu Hassan
KUALA LUMPUR, Oct 6 (Bernama) -- The rapid evolution of technology in the telecommunications industry underscores the need for the government to continue providing support for more collaboration in 5G technology among enterprises.
4m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 6 (Bernama) -- Offshore support vessel (OSV) operator Perdana Petroleum Bhd has urged the government to introduce targeted fiscal incentives in Budget 2026 to sustain Malaysia’s marine support services sector amid rising operational costs and the industry’s transition towards decarbonisation.
4m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 6 (Bernama) -- The ringgit opened lower against the US dollar as traders anticipated range-bound trading ahead of the tabling of Budget 2026, with attention focused on the government’s fiscal deficit targets to be unveiled later this week.