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2026-09-18 09:32:09
[Malaysian Investment Bank: Malaysia's 2027 Budget May Focus on Targeted Spending and Resource Reallocation, High Oil Prices Limit Broad Stimulus] (1) In a report, Malaysian investment bank analyst Paul Yap Ee Xing stated that given limited fiscal space, Malaysia's 2027 budget may focus on targeted spending and resource reallocation. (2) He said that with oil prices exceeding US$100 per barrel, fuel subsidy spending may increase from the budgeted RM15 billion to approximately RM40 billion, thus limiting broad stimulus measures. (3) He believes the budget may focus on targeted cost-of-living measures and infrastructure spending, while maintaining fiscal discipline. (4) Yap remains bullish on consumer-related stocks, such as 99 Speed Mart Retail. (5) He added that investors should pay attention to the potential labor cost pressures from the minimum wage review and identify companies that may benefit from government spending.
