KUALA LUMPUR, Oct 10 – A major increase has been announced for the the Bantuan Rakyat 1 Malaysia (BR1M) handouts in 2015 which will be distributed in January, May and September after taking into account the government’s additional revenue from the Goods and Service Tax (GST) and its fiscal capabilities.
KUALA LUMPUR, Oct 10 – Prime Minister Datuk Seri Najib Razak announced a RM27.6 billion allocation to beef up national security and increase the level of safety and public order when tabling the Budget 2015 in Dewan Rakyat today. Najib, who is also the Finance Minister, said to increase the
Malala Yousafzai, the Pakistani schoolgirl who was shot by the Taliban, and India’s Kailash Satyarthi were awarded the Nobel Peace Prize for their advocacy of rights for children. “It’s a prerequisite for peaceful global development that the rights of children and young people be respected,” the Norwegian Nobel Committee said in
From foreign investment to infrastructure and raw water supply, the Penang government says it is at the mercy of federal authorities, which it has accused of causing deliberate delays on these projects. But Putrajaya will only hurt the country with such moves, Penang Chief Minister Lim Guan Eng said, as
Here are highlights of the 2014/2015 Economic Report issued by the Finance Ministry in conjunction with the tabling of Budget 2015 today by Prime Minister Datuk Seri Najib Razak, who is also Finance Minister. * Malaysia’s economic growth momentum in 2015 is expected to remain resilient and register growth of
KUALA LUMPUR, Oct 10 – The blast in Bukit Bintang, Kuala Lumpur, has put the spotlight once again on gangland violence. The authorities suspect the blast could be yet another violent incident of rival gangs battling over turf or crimes involving gangs. Last year had seen a spike in gun
KUALA LUMPUR, Oct 10 – Budget 2015 failed to address the billions of ringgit in leakages by the government, opposition leader Datuk Seri Anwar Ibrahim said, adding that this would have a dangerous effect on the economy as the public grappled with rising living costs. Instead, Budget 2015 was peppered with
GEORGE TOWN, Oct 11 – Haze has made its seasonal comeback to Penang, with an unhealthy Air Pollutant Index (API) recorded at the USM station on the island here today. Checks showed that the island was not visible from the Penang Bridge. As at 3pm today, the API reading on
KUALA LUMPUR, Oct 10 – The 1.5 million civil servants in the country will receive a half-month salary or a minimum of RM500 as bonus, which will be paid in January next year, Prime Minister Datuk Seri Najib Razak announced when tabling Budget 2015 in the Dewan Rakyat today. Najib,
KUALA LUMPUR, Oct 10 (Bernama) — A total of 300,000 individuals will no longer have to pay income tax after the rate is reduced by one to three percentage points next year following the implementation of the Goods and Services Tax (GST). Prime Minister Datuk Seri Najib Tun Razak said
KUALA LUMPUR, Oct 10 (Bernama) — The global shale gas and oil development can set a new order in oil trade worldwide in the near future, according to the 2014/2015 Economic Report. Shale gas refers to natural gas that is trapped within shale formations. Shales are fine-grained sedimentary rocks that
KUALA LUMPUR, Oct 10 (Bernama) — Malaysia continues to be a significant player in the Islamic fund management industry, accounting for about 25 per cent of Islamic assets under management (AUM) globally as at June 17 this year. The Finance Ministry, in its Economic Report 2014-2015 released Friday, said on
KUALA LUMPUR, Oct 10 (Bernama) — The finance and insurance sub-sector is expected to sustain growth at 1.8 per cent in 2014 after having moderated to 1.5 per cent in the first half of the year. The finance segment rose 1.4 per cent during the first six months of this
HONG KONG – The Hong Kong government pulled out of talks with representatives of the student-led pro-democracy protests late Thursday, after demonstrators announced that they’d begin a new phase of civil disobedience to increase pressure on the government. Chief Executive CY Leung and Chief Secretary Carrie Lam said last week
KUALA LUMPUR Oct 10 – PKR vice-president Rafizi Ramli claims the government’s recent announcement to recover outstanding National Higher Education Fund (PTPTN) loans by blacklisting defaulters under the Central Credit Reference Information System (CCRIS) is immoral. “I have examined the decision to list PTPTN debtors under CCRIS as part of
GEORGE TOWN, Oct 10 – The woman who is alleged to have stabbed the leg of a Rapid Penang bus driver has been charged by the magistrate’s court with intentionally causing hurt with a dangerous weapon. Chong Lan Keow, 49, a vegetable delivery woman, is alleged to have punctured the
KUALA LUMPUR, Oct 10 – The 2015 Budget to be unveiled today is likely to be filled with goodies for ordinary Malaysians yet prudent enough to ensure sustainable economic growth for the country. It will be another “inclusive” budget that will touch on as many sectors and groups as possible,
KUALA LUMPUR, Oct 10 ― Safeguarding Islam cannot be used as a reason not to pursue Datuk Ibrahim Ali for his alleged threat to torch Malay-language bibles, several lawyers said, pointing out that the law does not give special protection to Muslims. Civil liberties lawyer Syahredzan Johan said Putrajaya’s decision
MALACCA: Umno Youth is banking on a more sustainable solution in the Budget 2015 to offset rising living costs affecting the youth. Its vice chief, Khairul Azwan Harun was particularly referring to newly employed youths and young married couples who had yet to gain their financial footing in their respective vocations. “Aside
KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak today outlined four steps that will be taken by the government to transform Malaysia into a sporting nation. Najib, who is also Finance Minister, said the first was to ensure the sustainability and continuity of sports talent from primary school through the
