The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) welcomes Prime Minister’s National Day address announcements aimed at reducing operational and compliance costs for micro, small and medium enterprises (MSMEs).
This indicates that the Government is paying attention to and acknowledging the operational challenges faced by businesses, and a willingness to address these issues through policy changes or support measures.
Raising e-invoice exemption threshold to an annual turnover or revenue of RM3 million from RM1 million previously matches our pre-Budget 2027 recommendations. Higher exemption threshold will benefit 1.1 million MSMEs, allowing them to reallocate capital toward operational scaling and mitigating rising raw material and labor costs.
A RM1 billion increase in micro-business financing funding to RM6 will help small enterprises to access financing at reasonable borrowing cost in coping with rising operating costs.
An increase in fuel subsidy quota under BUDI95 (300 litres from 200 litres previously) and BUDI DIESEL (400 litres from 300 litres previously) respectively will provide relief to high consumption consumers and businesses while ensuring strict enforcement to prevent leakages and abuse of subsidized fuel.
The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) hopes that the tabling of 2027 National Budget on 9 October 2026 will refine tax structures and reduce regulatory burden to enhance the business competitive and improve the ease of doing business. Targeted measures and funding to encourage investments, increase productivity and accelerate development of strategic sectors generating added value, high-income employment and sustainable economic growth.