The allocation received by the Department of Environment (DoE) in the 2020 Budget is expected to assist the agency in carrying out enforcement activities more effectively next year.

KUALA LUMPUR, Oct 13  -- The government's additional allocation of RM50 million to the Securities Commission's My Co-Investment Fund (MyCIF) in the 2020 Budget is expected to help drive greater awareness of peer-to-peer (P2P) financing as a viable and attractive digital financing option for Malaysian small and medium enterprises (SMEs), said Funding Societies.

BERA, Oct 13  -- Finance Minister Lim Guan Eng has described the 2020 Budget, which he tabled in the Dewan Rakyat on Friday, as extraordinary because it has been praised as an “election budget”.

KUALA LUMPUR, Oct 13 (Bernama) -- The favourable provisions for digital adoption set out in the 2020 Budget denotes the government is actively encouraging more local businesses to move rapidly into the technology sphere, the Malaysia Digital Economy Corporation (MDEC) said.

The government has been urged to review the rent-to-own (RTO) scheme announced in the 2020 Budget for the purchase of a first home priced up to RM500,000, as it is still considered very high for many prospective buyers.

The Ministry of Agriculture and Agro-based Industry (MoA) will use a big chunk of its increased allocation as announced during the tabling of the 2020 Budget to modernise the agriculture sector.

KUALA LUMPUR, Oct 13  – The Malaysia External Trade Development Corporation (MATRADE) has urged Malaysian small and medium enterprises (SMEs) as well as mid-tier companies to fully leverage on the perks announced in the 2020 Budget by incorporating an export plan in their business strategy or enhancing their existing export plan for 2020 and beyond.

• Prime Minister's Office of Malaysia
• Ministry of Finance
• Central Bank of Malaysia