Carsome Says Long-term Automotive Roadmap Key To Sustaining Sector's Growth

KUALA LUMPUR, Oct 10 (Bernama) -- Carsome has highlighted the need for a clear long-term automotive roadmap to sustain industry growth and investor confidence following the tabling of Budget 2026.

Highlights From Budget 2026

KUALA LUMPUR, Oct 10 (Bernama) -- Below are the highlights from Budget 2026, themed the Fourth MADANI Budget: People’s Budget, which was tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.

E-invoicing Effective 2026, Tax Exemption For Vehicles Below RM300,000 -- PM Anwar

KUALA LUMPUR, Oct 10 (Bernama) -- The e-invoice initiative will be implemented comprehensively in 2026, along with the self-assessment system for stamp duty to foster tax compliance, said Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2026: Excise Duty For Cigarettes Up 2 Sen Per Stick, 10 Pct Rise For Alcohol - PM Anwar

KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said excise duties for cigarette and alcohol products will be raised effective Nov 1, 2025 under the Budget 2026.

Govt To Galvanise RM470 Bln Resources In Budget 2026 To Fortify Economy Against Global Shocks - PM Anwar

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.

Federal Govt Revenue Seen Rising 2.7 Pct To Rm343.1 Bln In 2026 -- MOF

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.

Public Sector To Remain Growth Catalyst Under 13th Malaysia Plan -- MoF

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.

Govt Revenue Estimated At RM343.1 BLN In 2026 -- MoF

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.

Malaysian Economy To Grow 4.0-4.5 Pct In 2026 - PM Anwar

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.

Malaysia To Sustain Growth At 4-4.5 Pct Next Year Driven By Higher Demand For Semiconductors, AI Applications – MoF

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.

ASEAN Must Move Beyond Export-led Model, Says Liew

By Nur Ashikin Abdul Aziz

SINGAPORE, Oct 9 (Bernama) -- Deputy Investment, Trade and Industry Minister Liew Chin Tong has called on ASEAN to move beyond the traditional export-led industrialisation model, stating that it is no longer sustainable in the face of current global challenges.

Budget 2026: Top Glove Calls For Swift Tax Refunds To Ease Cash Flow

KUALA LUMPUR, Oct 9 (Bernama) -- Top Glove Corporation Bhd is seeking to expedite tax refunds for excess payments to improve cash flow and enhance operational efficiency.