KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027 reflects a pragmatic balance between supporting growth, competitiveness and sustainability with fiscal responsibility. We are encouraged by the government's continued commitment to strengthening Malaysia's investment ecosystem through strategic investments in infrastructure, digitalisation, high-value industries and energy transition, which will enhance the country's long-term competitiveness and attractiveness to investors.
 
The Budget also provides timely support for the business community through targeted tax measures, investment facilitation, improved access to financing, SME development and the expansion of strategic cross-border economic corridors. The measures aimed at easing cost-of-living pressures, strengthening human capital development and enhancing social protection are positive steps towards supporting households and reinforcing the economy's long-term resilience. As One Bank For ASEAN, we look forward to supporting these initiatives by connecting businesses to regional opportunities, facilitating cross-border investments and helping attract quality foreign direct investments into Malaysia, ultimately translating these priorities into stronger economic growth, innovation and job creation. 

SOURCE: UOB Malaysia 

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Putri Faralisa
Brand, Media and Communications
Tel: 6016-664 2346
Email: putrifaralisasofeaadril.bintiabduljalil@uob.com.my

--BERNAMA