Round-the-clock breaking news from Malaysia.
Indonesian President Prabowo Subianto will unveil his 2027 budget proposals amid falling approval ratings and investor concerns over his commodity export centralisation plans and fiscal management.
Malaysia's Works Ministry is pursuing its highest-ever development allocation for Budget 2027, seeking to expand infrastructure projects and maintenance work across the country.
Prime Minister Anwar Ibrahim has committed to raising Malaysia's defence allocation under Budget 2027, targeting military modernisation and improved welfare for armed forces personnel and their families.
Prime Minister Anwar Ibrahim has committed to increasing the defence budget in 2027, emphasising the need for robust military readiness and improved personnel welfare to safeguard national security and peace.
The Ministry of Entrepreneur Development and Cooperatives is conducting nationwide stakeholder consultations to gather policy proposals for the 2027 federal budget, prioritising MSME and cooperative sector competitiveness through its ABCD framework.
Prime Minister Anwar Ibrahim has announced that Budget 2027 formulation will commence next month, with the government aiming to table the spending plan in early October. The budget will prioritize economic growth that translates into improved living standards for citizens.
Prime Minister Datuk Seri Anwar Ibrahim has indicated the government is exploring a larger allocation for the Sumbangan Asas Rahmah assistance programme in its 2027 Budget, contingent on Malaysia's economic trajectory.
Deputy Finance Minister Liew Chin Tong has indicated the government sees no immediate need to revise fiscal projections for Budget 2027, despite elevated subsidy costs from rising oil prices. Officials will reassess when tabling the budget in October.