What does Budget 2027 mean for Malaysian businesses?
Industry leaders offer their take on the announcements, highlighting the opportunities, challenges and priorities that matter most.
In collaboration with the government, we are taking the lead in advancing industry measures that make a meaningful difference to our partners, while fostering greater opportunities and building a stronger, more inclusive and sustainable gig economy. – Grab Malaysia executive director Rashid ShukorThe flat RM10 stamp duty on P2P financing agreements, from Jan 1, 2027 to Dec 31, 2030, reduces the cost of accessing capital, particularly for underserved and unserved MSMEs. It matters more now, with rising costs and market uncertainty. – Funding Societies Malaysia country head Chai Kien PoonThe establishment of a RM100 million strategic investment fund for early-stage semiconductor and advanced manufacturing firms will provide a significant boost to the industry and help drive the success of the National Semiconductor Strategy. – DHL Express Malaysia and Brunei managing director Julian NeoTrendAI commends the government’s bold commitment in Budget 2027 to strengthening cybersecurity, data protection and critical infrastructure defence as core pillars of national security, reinforcing Malaysia’s digital resilience and long-term economic stability. – TrendAI Malaysia managing director Goh Chee HohWe are equally encouraged by the government’s continued emphasis on infrastructure development, public transport connectivity, energy security and the transition towards a greener economy. – Mah Sing founder and group managing director Tan Sri Leong Hoy KumAs 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. – UOB Malaysia CEO Datuk Ng Wei WeiBudget 2027 successfully balances the rakyat’s well-being with business competitiveness, paving the way for sustainable growth, and QSR Brands remains steadfast in supporting these national priorities. – QSR Brands CEO/managing director Nehchal KhannaAs the nation navigates rising living costs, measures that safeguard household purchasing power are important in helping the many Malaysians manage their everyday needs and plan for the future. – Ikea Malaysia country retail director Takeshi Murai
