Budget 2026 to strengthen export ecosystem, support new market exploration - PM


KUALA LUMPUR: Budget 2026 will strengthen the export ecosystem and support new market exploration, said Prime Minister Datuk Seri Anwar Ibrahim

Anwar, who is also Finance Minister, said Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) will provide a guarantee of up to 70 per cent financing for export-oriented mid-tier companies, including those expanding into new markets, with a guarantee value of up to RM5 billion. 

He said the Malaysia External Trade Development Corporation’s (MATRADE) market development grant also allocates RM60 million to facilitate micro, small, and medium enterprises (MSMEs) in exporting Malaysian-made products to existing and new markets, including Africa, Latin America, and the Middle East. 

He said this when tabling Budget 2026 in the Dewan Rakyat today. 

Additionally, the Prime Minister said EXIM Bank will provide soft loans to assist companies affected by global trade tariff tensions with RM500 million funding.

Following the rationalisation of overseas offices, the government has launched the Strategic Economic, Trade and Investment Network Programme with a RM10 million allocation, especially for high-potential new markets, he said. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Anwar Ibrahim , export , new markets

Next In Business News

Malaysia’s total trade surges 24.7% to RM2.16 trillion in January-July 2026
FBG Holdings seeks to cease MediCity collaboration with PDC
EV localisation policy should strengthen industry, not restrict competition
Bintulu Port expects positive cargo throughput growth in 2026
Teladan 2Q net profit jumps 42% to RM9.3mil
DNeX 2Q net profit rises 33% to RM26.6mil
Bank Islam announces retirement of chairman Ismail Bakar
Skyworld posts better earnings for 1Q
Pesona Metro’s 2Q net profit rises 47%, revenue hits record high
Sarawak Plantation sees stable CPO prices amid growing biofuel demand

Others Also Read