KUALA LUMPUR, Oct 24 – Budget 2016 proposes to allocate a total of RM29.2 billion for development in Sabah and Sarawak. Prime Minister and Finance Minister Datuk Seri Najib Tun Razak, in tabling the budget in the Dewan Rakyat, said the domestic air transportation for economy class passengers on the Rural
PORT DICKSON, Oct 24 – Thirteen branch chiefs of the 54 Umno branches hold a press conference in the Telok Kemang division at Port Dickson Golf Club, Negri Sembilan here today declared they had lost confidence in Datuk Seri Najib Abdul Razak’s leadership and urged him to step down as party president in
KUALA LUMPUR, Oct 23 – The oil- related reveue for next year is expected to remain low at RM31.7 billion. Prime Minister Datuk Seri Najib Tun Razak said when crude oil prices averaged US$100 per barrel, the revenue from Petroliam Nasional Bhd (PETRONAS) dividend and petroleum tax revenue totalled RM62 billion. Najib,
KUALA LUMPUR, Oct 23 – The Dewan Rakyat was told here on Thursday that the Election Commission has never prevented any political party from registering new voters. Minister in the Prime Minister’s Department Datuk Seri Azalina Othman Said said that based on studies and methods of registration procedures. However, the EC had also
PETALING JAYA, Oct 22 – Umno minister Datuk Abdul Rahman Dahlan today challenged opposition party leaders to step down from their party positions if their attempt to take down the Prime Minister through a no-confidence vote does not succeed. Urban Wellbeing, Housing and Local Government Minister Datuk Seri Abdul Rahman Dahlan in
KUALA TERENGGANU, Oct 23 – The Health Ministry wants the relevant government agencies such as the Human Resource Ministry and the local authorities to enhance enforcement of regulations on foreign workers’ quarters especially at construction sites. Minister Datuk Seri Dr S. Subramaniam said the lack of cleanliness in the foreign workers’
ALOR SETAR, Oct 23 – All outdoor activities and classes at Universiti Utara Malaysia were cancelled Thursday classes from morning up to midnight due to the very unhealthy Air Pollutant Index (API) reading Kedah. UUM vice-chancellor Prof Datuk Seri Dr Mohamed Mustafa Ishak said it was also advisable to postpone administrative and
KUALA LUMPUR, Oct 23 – Timeline, cost management and detailed design for the two new bridges between Malaysia and Thailand should be discussed and finalised soon in order to complete the project, said Foreign Minister Datuk Seri Anifah Aman. Anifah and his Thai counterpart Don Pramudwinai discussed the matter when they co-chaired
KUALA LUMPUR, Oct 23 – Prime Minister Datuk Seri Najib Razak who is also Finance Minister announced today that the minimum wage in Peninsular Malaysia will increase from RM900 to RM1,000 per month. For Sabah, Sarawak and Labuan, he said there was a minimum wage will be increased from RM800 to RM920
KUALA LUMPUR, Oct 23 – Prime Minister Datuk Seri Najib Razak who is also Finance Minister announced today that the 2016 Budget has a special aid allocation of RM500 for civil servants. He said that the allocation involves 1.3 million government employees to the tune of almost RM1 billion and will be disbursed
KUALA LUMPUR, Oct 23 – In 2016, the 1Malaysia People’s Aid (BR1M) assistance for households with monthly income of RM3,000 and below, will be increased from RM950 to RM1,000. Prime Minister Datuk Seri Najib Tun Razak, when tabling Budget 2016 at the Dewan Rakyat here today, said the BR1M assistance for
KUALA LUMPUR, Oct 23 – Prime Minister Datuk Seri Najib Tun Razak has outlined measures the government is taking to safeguard the Malaysian economy given the challenging global environment. This year, Najib said in a statement on the eve of unveiling the 2016 budget in the Dewan Rakyat that they have been focused
KUALA LUMPUR, Oct 23 – DAP’s Lim Guan Eng expressed disappointment said today that the budget that tabled by the prime minister does not reduce Malaysians’ financial burden which it did not abolish of the Goods and Services Tax (GST). The Penang Chief Minister said Prime Minister Datuk Seri Najib Razak did not
KUALA LUMPUR, Oct 23 – The government has implemented measures to support rubber smallholders income and increase production in order to safeguard their well-being due to the declining prices. Some of the measures included the Rubber Production Incentive (IPG) and Rubber New Planting and Replanting Programme (TBTSG). The IPG scheme, which
KUALA LUMPUR, Oct 23 – Government revenue would have been lower by RM21 billion in 2016 if not for the Goods and Services Tax (GST). Prime Minister Datuk Seri Najib Tun Razak said if the Sales and Services Tax (SST) has been retained, the collection for the year is estimated at
The 2016 Budget Speech By YAB Dato’ Sri Mohd Najib Tun Haji Abdul Razak Prime Minister And Minister Of Finance, on 23 October 2015 “PROSPERING THE RAKYAT” Mr. Speaker Sir, I beg to move the Bill intituled “An Act to apply a sum from the Consolidated Fund for the service
KUALA LUMPUR, Oct 23 – Malaysia’s nominal Gross National Income (GNI) per capita is expected to increase by 5.6 per cent to RM38,438 in 2016 from RM36,397 in 2015 on the back of steady economic growth. The Ministry of Finance (MOF) said Gross Domestic Product (GDP) is expected to remain steady
KUALA LUMPUR, Oct 23 – The Federal Government debt remains within prudent limit, and is well capped at 55 per cent to Gross Domestic Product (GDP), placing Malaysia among medium-indebted countries. The Finance Ministry, in its 2015/2016 Economic Report released today, said as at end-June 2015, Federal Government debt, comprising the
KUALA LUMPUR, Oct 23 – The large number of registrants under the Goods and Services Tax (GST) including voluntary registrants is a positive indication that businesses are becoming more tax-compliant as they begin to realise the benefits of registering under the GST system. The report was issued in conjunction with
KUALA LUMPUR, Oct 23 – The Ministry of Finance (MOF) said today at Dewan Rakyat here about the indirect tax is forecast to surge by 42.2 per cent to RM53.3 billion, driven by the introduction of the Goods and Services Tax (GST). It said since its implementation, the number of registered companies have
