<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 9): The government will increase total loan facilities and financing guarantees to RM57 billion in 2027, from RM50 billion this year, to support businesses and strengthen access to financing.</p></div>

<div class=newsTextDataWrapInner><p>Under the proposed Budget 2027, Syarikat Jaminan Pembiayaan Perniagaan (SJPP) and Credit Guarantee Corporation Malaysia Bhd (CGC) will provide up to RM32 billion in financing guarantees next year.</p></div>

<div class=newsTextDataWrapInner><p>The coverage of SJPP will be expanded to medium-sized companies across all sectors, with its guarantee limit raised to RM50 million.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In addition, RM1 billion in SJPP guarantees will be earmarked to support local companies seeking to expand through mergers and acquisitions (M&amp;A).&nbsp;</p></div>

<h3>BNM doubles financing facility for SMEs affected by West Asia conflict</h3>

<div class=newsTextDataWrapInner><p>Bank Negara Malaysia (BNM) will increase its financing facility for small and medium enterprises (SMEs) affected by the conflict in West Asia to RM10 billion, following strong demand for the initial RM5 billion facility.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, the BPMB Group (Kumpulan Bank Pembangunan Malaysia Bhd) will allocate RM7 billion across seven strategic sectors to support high-impact industries and key economic sectors, including renewable energy, logistics, aerospace and semiconductors.</p></div>


The government will increase total loan facilities and financing guarantees to RM57 billion in 2027, from RM50 billion this year, to support businesses and strengthen access to financing.

Budget 2027: Loan facilities, financing guarantees for businesses raised to RM57 bil

The Malaysian Employers Federation welcomes the exemption granted to micro, small and medium enterprises from implementing the increased minimum wage, but said clear eligibility criteria and guidelines are needed.

MEF lauds minimum wage exemption for MSMEs, calls for clear guidelines and criteria

Shares of Deutsche Telekom were on track for their worst trading day in more than three years on Friday, after SpaceX on Thursday announced an agreement to buy a nationwide low-band spectrum license portfolio, enabling Starlink Mobile to become a major telecom operator in the US.

SpaceX spectrum deal sends Deutsche Telekom shares falling 7%

NuEnergy Holdings Bhd (KL:NHB) has secured a RM10.1 million contract to build interconnection facilities for a 120-megawatt power plant in Labuan, expanding its presence in high-voltage power infrastructure.

NuEnergy wins RM10m Labuan power project contract

The government will enact a Government-Owned Entities Bill to tighten governance of government-owned companies and statutory bodies entrusted with managing public funds and assets.

Govt-Owned Entities Bill to prevent recurrence of scandals — Anwar

The government will provide RM6.6 billion in microfinancing to support small businesses and entrepreneurs, including Bumiputera and Indian business owners, as well as youths, gig workers and vulnerable groups, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt allocates RM6.6 bil in microfinancing to help boost income of small businesses

Petra Energy Bhd (KL:PENERGY) expects to recognise a net gain of RM3.22 million from the sale of an accommodation work barge for US$4.5 million (RM18.38 million) to Indonesian shipping firm PT Rajawali Perak Mulia.

Petra Energy to book RM3.2 mil gain from vessel sale

Putrajaya is tapping into government-linked entities to lift its Budget 207 expenditure by RM50.2 billion to a total of RM510 billion, with half of this coming from government-linked investment companies meant to improve domestic economic resilience, Prime Minister Datuk Seri Anwar Ibrahim said.

Putrajaya taps govt-linked entities to lift Budget 2027 spend to RM510b

Mobile payments firm Airtel Money made a tepid debut on the London Stock Exchange (LSE) on Friday after completing what may be the bourse’s largest initial public offering (IPO) in five years.

Airtel Money shares slip in debut after biggest London IPO in five years

Micro, small and medium enterprises will get a one-percentage-point reduction in income tax rates next year to cope with rising costs of doing business.

SME income tax rates cut by one percentage-point

<p>Follow our live coverage of Budget 2027 as Prime Minister Datuk Seri Anwar Ibrahim tables it.</p>


Highlights of Budget 2027

<p>The government on Thursday has announced key individual tax reforms aimed at reducing the cost of living for the middle 40% of earners (M40).&nbsp;</p>


Income tax relief level raised to RM12,000, tax rate cuts to put RM1,600 into pockets of people 

<p>KUALA LUMPUR (Oct 8): Klang member of Parliament (MP) V Ganabatirau has filed a defamation suit at the High Court here against independent preacher and activist Firdaus Wong over social media postings questioning the lawmaker's loyalty to the country.</p>


Klang MP Ganabatirau sues Firdaus Wong over social media posts questioning his loyalty to Malaysia

<p>KUALA LUMPUR (Oct 9): A former company director of a property development company has been charged with criminal breach of trust (CBT) for transferring RM100,000 of company funds to himself for a non-existent "director fee".</p>


Former property development company director charged with CBT for transferring RM100k to himself for non-existing 'director fee'

<p>首相拿督斯里安华提呈2027年财政预算案重点摘要：</p>


2027年财政预算案重点摘要

<p>KUALA LUMPUR (Oct 9): Dagang NeXchange Bhd (KL:DNEX) could see renewed investor interest after settling its long-running legal dispute over semiconductor subsidiary SilTerra Malaysia Sdn Bhd, removing a major uncertainty that has weighed on the stock, according to TA Securities.</p>


DNeX's SilTerra legal settlement clears path for growth, says TA Securities

<p>Oriental Kopi Holdings Bhd (KL:KOPI) could see its share price rise by more than 50%, according to CGS International Securities (CGSI), which expects the cafe operator's expansion and growing packaged food business to drive stronger earnings over the next few years.</p>


CGSI sees over 50% upside for Oriental Kopi on expansion, earnings growth

<p>Malaysia is expected to spend 82% of its forecasted record RM459.84 billion budget on operating expenditure (opex) in 2027, leaving RM83 billion, or 18%, for development expenditure (devex).</p>


Budget 2027 expected to hit record RM459.84b, 82% for operating expenditure

<p>Malaysia is proposing a full stamp duty exemption on loan agreements and instruments of transfer for the purchase of first&nbsp;homes priced up to RM500,000.</p>


Govt proposes full stamp duty exemption for first homes priced up to RM500,000

<p>Oil declined after President Donald Trump said the US would not attack Iran before November’s midterm elections, signalling a period of more than three weeks for no offensive military action against Tehran.</p>


Oil retreats as Trump rules out attacks on Iran before US midterms

<p>Malaysia will raise the minimum wage to RM2,000 per month in June 2027, from RM1,700 currently.</p>


Minimum wage goes up to RM2,000 from June 2027, MSMEs with below RM50m revenue exempted

<p>Despite raising the minimum wage and the economy's recovery since the pandemic, wage progression remains weak beyond the minimum wage floor, according to the Economic Outlook 2027 report.<br />
&nbsp;</p>


Minimum wage lifts the floor, but Malaysia's 'missing middle' remains

<p>World stocks edged up on Friday and oil prices slipped after US President Donald Trump said the US would not attack Iran before next month's midterm elections, easing some near-term concerns about energy supplies.</p>


Oil eases, bringing some respite to stocks and battered bonds

<p>Unisem (M) Bhd (KL:UNISEM) and its subsidiary plans to invest RM396 million to expand its semiconductor manufacturing plant in Gopeng, Perak, as the group seeks to capture growing demand for advanced chip packaging used in artificial intelligence (AI) and data centres..</p>


Unisem plans RM396 mil second phase of Gopeng plant expansion

<p>The worsening haze in Malaysia could disrupt manufacturing operations, affect worker attendance and drive up business costs, according to the Federation of Malaysian Manufacturing (FMM).</p>


Haze threatens manufacturing productivity, raises business costs — FMM

<p>PMB Technology Bhd (KL:PMBTECH), a 58.78%-owned subsidiary of Press Metal Aluminium Holdings Bhd (KL:PMETAL), plans to invest RM650 million to build a silicon-aluminium (Si-Al) alloy plant in Sarawak as the group seeks to diversify away from a struggling silicon metal business.</p>


PMB Technology plans RM650 mil silicon-aluminium alloy plant in Sarawak

<p>KUALA LUMPUR (Oct 9): Malaysia's fiscal deficit is projected to narrow to 3.3% of gross domestic product (GDP) in 2027, even as the actual shortfall remains elevated at RM77.5 billion.</p>


Malaysia's fiscal deficit to narrow to 3.3% in 2027, but shortfall remains above RM77 bil

<p>A selloff in chipmakers weighed on stocks as speculation around OpenAI’s revenue revived worries that the artificial-intelligence spending spree is becoming harder to justify.</p>


S&P 500 falls as reports on OpenAI sink chipmakers

<p>Singapore’s Formula 1 race will go ahead this weekend despite haze from Indonesian wildfires that has choked the city for weeks, pushing it to the top of the global rankings for air pollution.<br />
&nbsp;</p>


F1 says Singapore race will go ahead despite Indonesia haze

<p>The federal government expects the dividend from Petroliam Nasional Bhd (PETRONAS) to rise to RM32 billion in 2027, according to the Finance Ministry's Fiscal Outlook and Federal Government Revenue Estimates Report.</p>
