11h ago
KUALA LUMPUR, Nov 6 (Bernama) -- The government has succeeded in reducing its dependence on petroleum-related revenue to 16.9 per cent in 2025 compared to 28 per cent in 2022 through revenue measures implemented since 2023, according to the Ministry of Economy.
24d ago
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.
26d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2026 reinforces the government’s commitment to strengthening tax governance and anti-leakage measures, reflecting continued efforts to enhance fiscal transparency and enforcement, said PwC Malaysia.
27d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 balances fiscal consolidation with fairness and competitiveness, according to Institute of Chartered Accountants in England and Wales (ICAEW) members.
27d 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).
27d ago
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.
27d 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.
29d 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.
1m 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.
1m ago
KUALA LUMPUR, Oct 5 (Bernama) -- Malaysia’s cumulative fiscal deficit narrowed by 10.6 per cent year-on-year (y-o-y) to RM49.4 billion as of August 2025, keeping the government on track to meet its full-year target of RM80 billion or 3.8 per cent of gross domestic product (GDP).
1m ago
KUALA LUMPUR, Oct 2 (Bernama) -- The RAM Business Confidence Index (RAM BCI) rose to 48.4 in the third quarter (3Q) of 2025, compared to 40.0 in 2Q, reflecting a notable improvement in business sentiment for the upcoming three months.
1m ago
By Niam Seet Wei
KUALA LUMPUR, Sept 28 (Bernama) -- Economists believe that Budget 2026 would not introduce any major changes in the taxation system -- especially individual and corporate taxes -- to preserve consumer and investor confidence as the United States tariffs kick in.