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Automotive industry calls for Budget 2027 measures to drive EV growth, investment

AUTOMOTIVE industry players have put forward proposals to strengthen electric vehicle (EV) adoption, attract investment and deepen domestic value creation as the Government gathers industry input for Budget 2027. The proposals were raised during a Bu...

Malaysia's artificial intelligence (AI) agenda should shift beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity, and workforce productivity, according to MBSB Investment Bank Bhd (MBSB IB). The bank also emphasizes the need for supply-side efficiency by broadening the tax base, closing leakages, expanding consumption excises, introducing carbon pricing, rationalising spending, and attracting private investment.

MBSB IB highlights the importance of policy certainty, transparent project implementation, outcome-based incentives, and measures that channel long-term savings into productive investment. A multi-year project pipeline with disclosed project values, tender timing, funding sources, and execution milestones is recommended for improved planning and reduced speculative market movements.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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