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.

Govt To Intensify Support For High-Value Sectors -- PM Anwar

KUALA LUMPUR, Oct 10 (Bernama) -- The government will intensify its support for high-value sectors, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia To Intensify Efforts To Counter Anti-Palm Oil Campaign -- PM Anwar

KUALA LUMPUR, Oct 10 (Bernama) -- Thanks to scientific findings, Malaysia has succeeded in countering Western criticism of palm oil through increased exports, especially to China and India, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt’s Total Debt And Liabilities At 84.1 Pct Of GDP As At End-June 2025 - MOF

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 10 (Bernama) -- The government’s combined debt and liabilities stood at RM1.69 trillion, equivalent to 84.1 per cent of gross domestic product (GDP) as at end-June 2025, compared with RM1.63 trillion or 84.5 per cent of GDP as at end-December 2024, according to the Ministry of Finance (MoF). 

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.

Midea Targets US$1.5 Bln Revenue In APAC By 2028

KUALA LUMPUR, Oct 9 (Bernama) -- Midea is building unstoppable momentum toward its ambition of becoming the world’s No.1 smart home appliance company with a target of US$1.5 billion sales revenue in Asia-Pacific (APAC) by 2028.

Snowflake To Launch Local AI Data Cloud Instance On AWS Malaysia Region By 2026

KUALA LUMPUR, Oct 9 (Bernama) -- Snowflake Inc, an American artificial intelligence (AI) data cloud company, is expanding its presence in Malaysia with plans to deploy a local instance on the Amazon Web Services (AWS) Asia Pacific (Malaysia) Region.

Malaysia’s Top Developers Honoured At 12th PropertyGuru Asia Awards Malaysia

KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia’s property sector saw its finest recognised at the 12th PropertyGuru Asia Awards Malaysia, which featured 73 categories celebrating outstanding achievements in luxury residences, affordable housing, and innovative commercial developments across the nation.

Motor, Fire Segments Fuel Growth In Malaysia’s General Insurance Industry - PIAM

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s general insurance industry grew 4.0 per cent year-on-year in the first half of 2025 (1H 2025), with gross written premiums (GWP) rising to RM12.3 billion from RM11.8 billion, driven mainly by the motor and fire segments, according to the General Insurance Association of Malaysia (PIAM).

Matrix Concepts, Golog Ink MoU For MVV 2.0 Land Development In Negeri Sembilan

KUALA LUMPUR, Oct 8 (Bernama) -- Matrix Concepts Holdings Bhd (MCHB) today signed a memorandum of understanding (MoU) with Golog Holdings Sdn Bhd to collaborate on the acquisition and development of a 250.1-hectare parcel of land in Smart County, Labu, Negeri Sembilan.

S P Setia, Mitsui Fudosan To Jointly Develop Semenyih Housing Project

KUALA LUMPUR, Oct 8 (Bernama) -- S P Setia Bhd’s wholly-owned subsidiary Setia EcoHill Sdn Bhd has entered a joint venture (JV) with property investment company Mitsui Fudosan (Asia) Malaysia Sdn Bhd to develop a 45.73-hectare (113-acre) residential development.

MATRADE Strengthens South-South Cooperation Through TCTP 2025

KUALA LUMPUR, Oct 8 (Bernama) — The Malaysia External Trade Development Corporation (MATRADE) continues to drive Malaysia’s South-South cooperation agenda through its role as the Training Institution for the Third Country Training Programme (TCTP) 2025: Trade Promotion for African Countries.