Malaysia

Budget 2027 to drive Malaysian products into global markets, says Amir Hamzah

The Government will strengthen MSMEs and start-ups through greater access to financing, digitalisation, innovation and market expansion under Budget 2027

Updated 1 week ago · Published on 18 Aug 2026 11:10AM

Budget 2027 to drive Malaysian products into global markets, says Amir Hamzah
The budget aims to help more Malaysian products and services enter global value chains (Photo from Utusan) - August 18, 2026

BUDGET 2027 will place greater emphasis on helping Malaysian businesses, particularly micro, small and medium enterprises (MSMEs) and start-ups, expand into global markets as the Government seeks to turn more locally developed products and services into internationally competitive offerings.

Finance Minister II Datuk Seri Amir Hamzah Azizan said the Government would continue to prioritise high-value sectors such as semiconductors, energy transition, the digital economy, artificial intelligence (AI) and Islamic finance, while widening access to financing, technology and overseas markets.

“Focus will continue to be given to sectors such as semiconductors, energy transition, the digital economy, artificial intelligence (AI) as well as Islamic finance.

“The Government is empowering MSMEs and start-ups as drivers of domestic economic growth by increasing access to financing, digitalisation, innovation and market expansion so that more local products and services can penetrate global value chains as Made by Malaysia,” he said.

He was speaking at the Budget 2027 Engagement Session at the Ministry of Finance in Putrajaya today.

Amir said the Government would also prioritise efforts to raise incomes and create more quality employment opportunities, while addressing cost-of-living pressures through targeted and sustainable measures.

“The main objective is to ensure that the benefits of economic growth are felt more broadly across all levels of society,” he added.

The Government will also strengthen social protection for vulnerable groups through greater collaboration with - non-governmental organisations, civil society organisations and strategic partners.

Improving public services will remain another priority, including strengthening the education system, raising healthcare standards and developing human capital to support more inclusive economic growth under the 13th Malaysia Plan (RMK13).

Budget 2027 is scheduled to be tabled on Oct 9. - August 18, 2026

Spotlight

Malaysia

Myanmar hotel worker charged over alleged sexual assault of three-year-old Australian boy in Penang

Health

MOH weighs HFMD vaccine strategy as cases plunge 83%

World

Trump links Saudi nuclear deal to Israel recognition as pact heads to Congress

Malaysia

Shah Alam brawl turns deadly as car strikes man after machete attack (video)

Music

‘Queen of Country’, Dolly Parton dies at 80

Sports & Fitness

Global cricket legends urge Pakistan to honour court order on Imran Khan’s medical care

Malaysia

Should PH work with Bersama to defeat a common enemy?

Business

Nation’s economic outlook strengthens as leading index signals continued growth

You may be interested

Malaysia

Finance clerk loses RM452,000 after scammer poses as company boss on WhatsApp

Malaysia

Ismail Sabri granted RM300k bail after pleading not guilty to asset declaration charge

By Alfian Z.M. Tahir

Malaysia

Selangor Sultan: National unity must go beyond flying the Jalur Gemilang

Malaysia

Malaysia ready to deploy military expertise for Nepal flood relief, says Defence Minister

Malaysia

Three injured after Singapore-Kuala Lumpur express bus crashes on PLUS highway

Malaysia

Businessman contributed RM4.8m to Bersatu to return a favour

Malaysia

Malaysian suspect held in Medan over alleged drug-filled vape trafficking

Malaysia

Influencer denies 51 charges over alleged RM15m NGO fund misuse, money laundering