Tag: Budget 2018
Transparency International Malaysia president Akhbar Satar says this is because MACC has solved many major corruption cases.
This is to accommodate the restructuring of several ministries as well as the establishment and dissolution of others following GE14.
BN strategist attacks opposition campaign against govt savings in drug costs but themselves offering for-profit clinics a helping hand
Second Finance Minister Johari Abdul Ghani says, however, it is difficult to predict exactly how much extra Malaysia will make in oil revenue, compared with Budget 2018 expectations, due to fluctuating oil prices.
About 260,000 won’t be paying taxes this year following the move to reduce the personal income tax rate by two percentage points, and this money is expected to boost the economy.
This will involve optimising space usage to address the long queues, the construction of a seven-storey car park and the expansion of the airport itself.
PSM lawmaker says study on Amanah Saham Bumiputera shares shows 72% of shareholders only have average of RM554 each.
The number of passengers at Penang International Airport rose 8% last year to 7.2 million people, which is far more than the 6.5 million capacity, says Penang CM.
The Malaysian Institute of Economic Research’s Shankaran Nambiar says while 2017 was a good year, there remain major risks to the economy from high household and public debts.
PM claims a former leader, now supported by opposition, had struck lop-sided toll agreements that benefited his cronies and brought difficulties to motorists.
Penang CM says he had thanked PM for announcing upgrade as part of 2018 Budget.
Rasah MP says there is no need for him to apologise for claiming there was no federal funding for Tunku Abdul Rahman University College for 2018 when RM30 million had been set aside.
Tunku Abdul Rahman University College was allocated RM60 million in 2015, RM51 million in 2016 and RM30 million in 2017 but was not allocated a single sen in Budget 2018, says DAP’s Teo Kok Seong.
Perak MB Zambry Abd Kadir says even though the state government tabled a deficit budget, the financial statement each year recorded a surplus.
Opposition MPs furious BN MPs allowed to vote even after two-minute warning but deputy speaker says there is no rule that votes of MPs who enter late cannot be counted.
Tricia Yeoh from IDEAS says the benefits will not carry households very far, and may attract those who prefer a comfortable job over a merit-based system.
The Malay rights group’s leaders and supporters claim Budget 2018 does not give adequate special allocations to uplift Bumiputeras.
Tourism, Culture and Environment Minister Masidi Manjun says additional RM12 million to develop rural tourism is a godsend.
Head of economics and strategy at Mizuho Bank, Vishnua Varathan, says manufacturing and consumption are seeing strong performances, complemented by rise in oil prices.
Research houses say Budget 2018 proposals to put more money in the hands of consumers will only temporarily boost consumer spending but won’t have significant longer-term impact.
The second finance minister says this may be possible in view of the increased revenue from rising global fuel prices.
Minister in the PM’s Dept Shahidan Kassim says he regrets opposition’s objection to Budget 2018, which included allocations for flood victims.
Academic and economist say Budget 2018 proposal for increased maternity leave for private and government sector unlikely to help as costs, career come first.
Budget 2018, Halajutu and Musa Aman’s 2018 Sabah Budget offer big opportunities for economic advancement in careers, employment and business.