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Budget 2027: Can It Back Malaysia's Mid-Tier Firms?

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SMEs get most of the attention when we talk about Malaysia's economy, but sitting above them is a group of companies that often gets overlooked: mid-tier firms. These companies contribute to economic growth and are often pushing into new markets, but without the grants and incentives given to SMEs, and without the scale of the big conglomerates. With the government looking to reduce the country's fiscal deficit, is there a case for backing mid-tier firms in Budget 2027? And as these companies weigh Malaysia against other ASEAN markets for their regional base, what will it take to keep them here?

Fung Mei Lin, Tax Partner and Private Leader at PwC Malaysia, joins us to discuss.

We get into:

  • The overlooked middle: What role mid-tier companies actually play in Malaysia's growth story, and the opportunities and challenges they face as they expand.

  • The case for incentives: Whether the government should offer more tax incentives to Malaysian-owned mid-tier companies

  • Staying competitive regionally: How to keep these companies based in Malaysia. 

  • Keeping talent here: What it would take to help Malaysian mid-tier companies attract, develop, and retain the talent needed to build regional businesses from home.


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