Johor, Melaka, Negeri Sembilan and Putrajaya schools to close on Tuesday — education minister

Bursa Malaysia rises at open as Budget 2027 lifts sentiment, Wall Street tech stocks rebound

Bursa Malaysia's KLCI index rose 0.31% at the open, driven by positive sentiment from Budget 2027 and Wall Street tech gains. The budget is expected to benefit consumer and property sectors, while oil and gas face cost pressures from minimum wage increases.

Cautious vs bold: Experts compare the 2027 Budget with the Joint Budget

The RM459.8 billion budget prioritizes fiscal consolidation and targeted subsidies, aiming to narrow the deficit to 3.3% by 2027 while maintaining household support through tax reliefs and aid.

Budget 2027: Malaysia plans tokenised government sukuk for retail investors

The announcement directly impacts the Malaysian capital markets by introducing a new digital asset class for retail investors, potentially increasing liquidity and participation in the sukuk market. It reinforces Malaysia's position as a regional leader in Islamic fintech, likely attracting foreign interest in the country's digital financial infrastructure.

Government to cut tax breaks for electric vehicle charging station operators in 2027 budget

The reduction in tax incentives for EV charging station operators under Budget 2027 will likely increase corporate tax burdens, slowing private-sector expansion of Malaysia’s underdeveloped EV charging infrastructure and potentially delaying the country’s electrified transport transition.

Malaysia: Budget 2027 Advances AI Adoption and Digital Transformation

The budget allocates RM947.29 million for digital government services and RM30 million for AI adoption among MSMEs, directly boosting the technology and policy sectors. These measures aim to position Malaysia as an AI-enabled nation by 2030, enhancing national competitiveness and workforce readiness.

The RM3 billion allocation for workforce training directly supports the 13th Malaysia Plan's goal of raising skilled workers to 35% by 2030, enhancing national productivity and economic competitiveness.