Budget 2027 allocates RM60 million to support MSME exports
Matrade is targeting RM12 billion in export sales through 200 activities planned for 2027.
Foreign and domestic investment, new plants, expansion plans and funding.
Matrade is targeting RM12 billion in export sales through 200 activities planned for 2027.
The approvals cover two licences each in Kota Kinabalu and Kuching, extending the company's planned footprint beyond Peninsular Malaysia.
Malaysia’s ambassador said manufacturing, food and commodities were among the sectors that could support further trade growth.
The motorcycle manufacturer plans to use Egypt as a base for exports to Africa and the Middle East, with a potential partner evaluating its models.
Vessel financing will carry stamp duty of RM2,000 for loans up to RM100 million and RM5,000 for larger loans.
A RM270 million allocation will support access to private capital, while P2P agreements will carry a flat RM10 stamp duty from Jan 1, 2027.
The state has offered federal cooperation on the Budget 2027 initiative, which includes facilities in Penang and Sarawak.
Plans include a road linking KLIA and Bandar Enstek, upgrades to Jalan Pajam-Nilai-Salak and the Klang Valley Dual Track 2 project.
The association called for faster financing disbursement, digital automation assistance and easier access to export markets.
Bilateral trade reached RM3.49 billion (US$0.87 billion) from January to August 2026, an increase of 74.7 per cent.