JAKARTA (Aug 3): Indonesia has resumed exports of minerals that may contain rare earth elements as byproducts, the president's office said on Monday, following complaints from the metals industry about shipment delays caused by compulsory rare earth content inspections.

Indonesia resumes exports of minerals containing rare earth byproducts, official says 

Malaysian businesses are growing faster than most finance teams can effectively track.

The cost of growth: Why businesses are losing visibility of their own spending

Budget 2027: What does it mean for my wallet?

Budget 2027: What changes for my business?

US consumer sentiment slumped further in early October as the rising cost of living because of the Middle East conflict soured households' views of the economy, more bad news for President Donald Trump ahead of the Nov 3 midterm elections.

US consumer sentiment near record low as frustration over economy mounts

Tax experts said measures proposed under Budget 2027 provide targeted relief to the middle-income segment and micro, small and medium enterprises (MSMEs) but may increase the tax load on individuals earning above RM1 million.

Tax experts see targeted relief for middle-income taxpayers in Budget 2027

Malaysia’s government-linked investment companies see a boost to Bumiputera wealth, better workers’ livelihoods and capital mobilisation from Budget 2027.

Govt investment companies expect wealth creation from Budget 2027

After four years of asking Malaysians to endure subsidy rationalisation and other painful reforms, Prime Minister Datuk Seri Anwar Ibrahim is now loosening the government’s purse strings as his administration nears the end of the term.

After years of fiscal consolidation, Anwar loosens purse strings with Budget 2027

Budget 2027: The big picture

A brief recap of some business news and corporate annoucements that made the headlines on Friday.

Genting, IOI Properties, PMB Technology, Press Metal, Unisem, EP Manufacturing, Astral Asia, Avangaad, Kinergy, Hektar REIT, and Ahmad Zaki

Economists and research analysts have broadly welcomed Budget 2027’s tax relief, cost-of-living support and fiscal consolidation, but cautioned that delivery, subsidy reform and the risk of fiscal slippage will determine whether its targets are met.

Economists welcome tax relief and consolidation, but flag slippage and execution risks

Semantan Estate (1952) Sdn Bhd and its liquidator have filed another suit seeking to compel the government to sell the 263.272-acre prime "Duta enclave" land in Kuala Lumpur and hand over the proceeds to the company, subject to deductions for any compensation received through separate ongoing legal proceedings.

Semantan Estate and liquidator files another suit to compel govt to sell Duta enclave land, hand over proceeds

SELANGOR (Oct 10): Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA) and Thailand-based Dusit International officially opened its latest 280-room ASAI Gamuda Cove hotel, located in Persiaran Cove Sentral Bandar Gamuda Cove in Selangor on Oct 10.&nbsp;

Gamuda Land, Dusit International officially open 280-room ASAI Gamuda Cove

KUALA LUMPUR (Oct 10): Two industry groups have expressed disappointment that Budget 2027 has fallen short of providing sufficient relief from rising business costs, warning that mounting operating expenses continue to squeeze profit margins and undermine the competitiveness of Malaysian businesses.

Industry groups say Budget 2027 falls short of addressing rising business costs

(Oct 10):&nbsp;European carmaking leaders are heading to next week’s Paris Motor Show after winning some breathing room from Chinese competitors.

Europe’s troubled carmakers get China boost on way to Paris show

China’s passenger vehicle retail sales fell 24% in September from a year earlier to 1.702 million units, while new-energy vehicle sales declined 12% to 1.141 million units, according to data released by the China Passenger Car Association.

China passenger vehicle retail sales drop 24% in September

Malaysia must build its capability in quantum technology starting now, particularly in talent development, research and development (R&amp;D) and infrastructure, to ensure the country is ready to leverage this strategic technology in the future, says Science, Technology and Innovation Minister Chang Lih Kang.

Malaysia must build quantum tech capability now — Chang

he provision of better infrastructure facilities is expected to enhance Negeri Sembilan’s attractiveness as an investment destination, in line with the ongoing development of Malaysia Vision Valley 2.0 (MVV 2.0).

Budget 2027: Better infrastructure boosts Negeri Sembilan's investment, improve access — MB

The Johor government has decided to extend the closure of all schools and educational institutions in the state for five days, from Oct 12 to 16, due to the haze.

Johor extends closure of schools, educational institutions due to haze until Oct 16

The man injured after being shot by police during an incident in Petaling Jaya that went viral on Friday has 10 previous records, with drugs and a toy gun resembling a pistol were also found.&nbsp;

Police say suspect in viral PJ shooting incident has drug, criminal records

Typically called into action when poor countries get mired in debt, the International Monetary Fund (IMF) will be confronted this week with mounting signs of trouble in the wealthiest ones.

Rich countries are now on front lines as world’s risk map shifts

Until recently, if you took a train from Munich towards the eastern border with Austria, the chances of avoiding a collision with another locomotive relied in part on a signal station installed in 1899 when Kaiser Wilhelm II still ruled Germany.

Germany's century-old signals holding back advance of AI trains 

KUALA LUMPUR (Oct 10): The Small and Medium Enterprises Association of Malaysia (Samenta) has hailed Budget 2027 as an “SME Budget”, citing measures to ease cash flow pressures and lower operating costs for micro, small and medium enterprises (MSMEs).

Samenta hails Budget 2027 as ‘SME Budget’

The Malaysian Anti-Corruption Commission (MACC) has established a special team to review and re-examine corruption allegations amounting to RM350,000 involving one of its senior officers.

Special team set up to review and re-examine corruption allegations involving a senior officer — MACC

Penang is ready to work with the federal government to establish the National Integrated Care Centres of Excellence (Nice) in the state as part of efforts to prepare for an ageing population.

Penang ready to host Nice, prepare for ageing society — Chow

Germany said on Saturday it would maintain sanctions against Russia over its war on Ukraine following US President Donald Trump's announcement that his administration had temporarily lifted US sanctions on Russian fuel.

Germany sticks to Russian sanctions despite after Trump announcement on diesel

The public should prioritise their mental health and not hesitate to seek help when experiencing stress or feeling overburdened by the demands of daily life, Communications Minister Datuk Seri Fahmi Fadzil said.

Prioritise mental health, seek help when feeling stressed, advises Fahmi

BEIJING (Oct 10): China and the European Union can avoid "escalation" in various contentious disputes, Beijing said on Saturday, as worries of a damaging trade war simmer.

China says can avoid 'escalation' after EU trade talks

Prime Minister Datuk Seri Anwar Ibrahim on Saturday stressed that Budget 2027 is a covenant between the country and its leadership and the people, which must be implemented with full trust and integrity.

Budget 2027 is govt’s covenant with the people, must be fulfilled in earnest — Anwar 

KUALA LUMPUR (Oct 10): The Ministry of Defence (Mindef) has outlined five key focus areas to ensure the RM22.11 billion allocated under Budget 2027 is managed transparently, prudently and effectively.

Budget 2027: Mindef sets five key areas for transparent management of RM22.11 bil

The government will continue to focus on prudent fiscal management in Budget 2027 to return benefits to the people and reduce cost-of-living pressures, especially for low-income households, said Prime Minister Datuk Seri Anwar Ibrahim.

Bernadette Christina & Ananda Teresia

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