Budget 2027 prolongs shipping tax relief and introduces fixed stamp duty
Vessel financing will carry stamp duty of RM2,000 for loans up to RM100 million and RM5,000 for larger loans.
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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.
Anwar says savings from tighter financial management will support those in need, while subsidised RON95 petrol remains at RM1.99 per litre.
The association called for faster financing disbursement, digital automation assistance and easier access to export markets.
The Budget 2027 measure covers the Federal Territories, while Finas hopes state governments will consider similar exemptions.
Bilateral trade reached RM3.49 billion (US$0.87 billion) from January to August 2026, an increase of 74.7 per cent.
More than four million workers will benefit, while MSMEs whose annual sales fall below RM50 million will be exempted.
The fund is expected to begin operating in the first quarter of 2027, supporting postal services in rural, remote and island communities.