Tag: Budget 2027

CSA Expected to Strengthen Political Stability in Malaysia – Dr Zaliha

Dr Zaliha Mustafa discusses the Confidence and Supply Agreement in Malaysia.

PUTRAJAYA, Oct 30 – The Confidence and Supply Agreement (CSA) between the MADANI Government and 13 lawmakers is expected to strengthen political stability in Malaysia. Sekijang MP Datuk Seri Dr Zaliha Mustafa said the agreement would help the government continue its development plans. It would also support Budget 2027 and ongoing institutional reforms. She said […]

Budget 2027 Passes Policy Stage, Moves to Committee Review

Members of Parliament attend the Dewan Rakyat session during the Budget 2027 debate.

KUALA LUMPUR, Oct 30 – Budget 2027 has passed the policy stage in the Dewan Rakyat after two weeks of debate, allowing the Supply Bill to move to the next stage of parliamentary review. The majority of Members of Parliament approved the Bill on Thursday. The committee stage is scheduled to take place from Nov […]

Malaysia’s Islamic Finance Industry to Exceed US$800 Billion, Says Fitch

Illustration representing Malaysia’s Islamic finance industry and sukuk market

KUALA LUMPUR, October 28, 2026 — Malaysia’s Islamic finance industry is expected to exceed US$800 billion, according to Fitch Ratings. The industry had reached this level by the end of the third quarter of 2026, with further growth expected. Fitch said Malaysia’s strong domestic market and established financial system would support the industry. Government policy […]

Anwar Explains Why Sabah and Sarawak Need Higher Development Allocations

Anwar Ibrahim, Prime Minister of Malaysia.

KUALA LUMPUR, Oct 27 2026,  Prime Minister Datuk Seri Anwar Ibrahim has defended the higher development allocations for Sabah and Sarawak, saying both states face major infrastructure challenges due to their geography. He said development funding should reflect the needs of each state. In parts of Sabah, for example, roads remain in poor condition despite […]

JBPM to Upgrade Firefighting Capabilities with New Equipment and Technology

Malaysian Fire and Rescue Department (JBPM) upgrades firefighting capabilities with new fire engines and advanced rescue technology.

KUALA LUMPUR, Oct 27 — The Fire and Rescue Department of Malaysia (JBPM) is strengthening its operational capabilities through the modernisation of vehicles and equipment, alongside the introduction of new technologies to improve firefighting and rescue operations. JBPM director-general Datuk Seri Nor Hisham Mohammad said the initiatives were essential to ensure the department remained prepared […]

Budget 2027: Savings measures will not affect MOE’s main plans – Fadhlina

KUALA LUMPUR: The government's austerity measures in drafting the 2027 Budget will not affect the Ministry of Education's (MOE) main plans, especially in the scope of recruiting new teachers and building additional classrooms, said Education Minister Fadhlina Sidek. He also assured that the austerity measures would not disrupt beneficiaries of the Supplementary Food Plan (RMT) program, which is considered important for students' nutritional intake. Apart from that, Fadhlina said repairs to dilapidated schools and building maintenance would continue as usual. "We do not want the people to feel worried and upset because although the call for austerity is a very important and critical call at this time, I would like to assure you that it will not interfere or interfere in a context closely related to priorities at the ministerial level," he said. He said this to reporters after opening the International Symposium on Libraries, Translation and Artificial Intelligence (LiTr.AI) 2026 at Wisma Dewan Bahasa dan Pustaka (DBP), here today. Fadhlina said the Ministry of Education would also ensure that any austerity measures would not affect the launch of the new curriculum next year, as well as the entry of six-year-old children into year one. Previously, Prime Minister Datuk Seri Anwar Ibrahim hinted that the 2027 Budget would be drafted with more austerity measures following global economic pressures that affected the country's fiscal position, including involving the Ministry of Education and the Ministry of Higher Education. Anwar, who is also the Finance Minister, said global geopolitical uncertainties, including the chain of tensions following the attack by the United States and its ally Israel on Iran, were having an impact on the global economy, thus demanding more prudent government spending. Meanwhile, regarding the provision of RM100 book vouchers for secondary school students under the Ministry of Education and students of public higher education institutions (IPTA), which was announced by the Prime Minister when opening the Kuala Lumpur International Book Fair (PBAKL) 2026 last Friday, Fadhlina said it would begin to be distributed as soon as school sessions reopened. -- BERNAMA

KUALA LUMPUR: The government’s austerity measures in drafting the 2027 Budget will not affect the Ministry of Education’s (MOE) main plans, especially in the scope of recruiting new teachers and building additional classrooms, said Education Minister Fadhlina Sidek. He also assured that the austerity measures would not disrupt beneficiaries of the Supplementary Food Plan (RMT) […]