Fast, factual wire coverage from across Malaysia and the region.
Indonesian President Prabowo Subianto faces mounting pressure as he unveils the 2027 budget amid slipping approval ratings and investor scepticism over commodity export policies and fiscal management.
Malaysia's Works Ministry is pushing for the largest development allocation in Budget 2027, eyeing an increase from the RM10 billion received previously, to fund expanded infrastructure and maintenance projects across the country.
Prime Minister Anwar Ibrahim has committed to raising Malaysia's defence budget in 2027, citing the need to maintain military preparedness and improve armed forces personnel welfare amid evolving regional security challenges.
Malaysia's Ministry of Entrepreneur Development and Cooperatives has launched a nationwide stakeholder engagement to gather budget proposals from MSMEs and cooperatives for the 2027 federal budget cycle.
Malaysia's Economy Ministry has projected RM58 billion in development expenditure for 2027, with 70 per cent dedicated to basic infrastructure. The proposal awaits Finance Ministry review ahead of Budget 2027 presentation in October.
Prime Minister Anwar Ibrahim has announced that Malaysia will begin preparing Budget 2027 next month, with parliamentary tabling scheduled for early October. The budget will prioritise tangible improvements in citizens' lives over raw economic metrics.
Malaysia faces potential monthly fuel subsidy costs of RM3.5 billion if crude oil prices stabilise at US$90 per barrel, though government revenue from petroleum sales helps offset the burden.
Prime Minister Anwar Ibrahim has indicated the government is evaluating a potential increase to the Sumbangan Asas Rahmah (Sara) assistance programme in Budget 2027, though any expansion remains dependent on Malaysia's prevailing economic conditions.
Malaysia's Deputy Finance Minister Liew Chin Tong says the government has no plans to revise its fiscal projections for Budget 2027 at present, despite elevated subsidy costs. The government will reassess once the budget is tabled in October.
Melaka state officials say the 2027 Budget tabled in October will likely contain a decision on building a new Type 3 health clinic in Bukit Rambai, expanding healthcare services for the community.