KUALA LUMPUR, Oct 12 (Bernama) -- Corporate Malaysia should use the opportunities presented by Budget 2027 to step up investment, improve productivity and build more sustainable and internationally competitive businesses, said CGS International Securities Malaysia Sdn Bhd (CGS MY).
Business : Corporate Malaysia Should Use Budget 2027 To Raise Investment, Productivity
CGS MY, Budget 2027, CGS International Securities
BE Bernama 
Key points
- CGS MY said measures supporting corporate transformation include accelerated capital allowances for locally produced plant and machinery, information and communications technology equipment and software, extended until end-2030.
- Other measures include investment tax allowances of up to 100 per cent for qualifying green technology projects and assets, and support for micro, small and medium enterprises (MSMEs) adopting artificial intelligence and automation.
- Government-linked investment companies and government-linked companies will also raise their living-wage benchmark to RM3,400 a month.
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Related reporting
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