ECONOMIC REPORT LIST

Budget 2021 spells out initiatives for Takaful, insurance

KUALA LUMPUR, Nov 7 -- Budget 2021 spells out various initiatives for Takaful and insurance in an effort to increase risk protection for Malaysians.


Budget 2021 provides sufficient incentives for SMEs to move to e-commerce

KUALA LUMPUR, Nov 7 -- Budget 2021 provides sufficient initiatives and incentives to support the migration of businesses -- especially small and medium enterprises (SME) -- to e-commerce.


Budget 2021: RM5.1 bln will improve Sabahans' living standards - Deputy CM

KOTA KINABALU, Nov 7 -- An allocation of RM5.1 billion for Sabah to build and upgrade the basic infrastructure including road and water supply as well as health and education facilities as announced in the 2021 Budget is crucial in efforts to improve the standard of living of the people in the state.


Higher tax relief for individual taxpayers proposed

KUALA LUMPUR, Nov 6 --  The government is proposing that the income tax relief for the cost of medical treatment, special needs and parental care be increased from RM5,000 to RM8,000.


Budget 2021 a catalyst for country's economy, saviour for those affected by COVID-19 - Ministers

KUALA LUMPUR, Nov 6 -- Budget 2021 tabled by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz in the Dewan Rakyat today has been described as a catalyst for the country's economy and a saviour for those affected by the COVID-19 pandemic.


Budget 2021: RM158 mln for development, well-being of Orang Asli

KUALA LUMPUR, Nov 6 -- A total of RM158 million is allocated to the Orang Asli community, among them for the implementation of social assistance programmes and the Integrated Development Programme for Orang Asli Villages. 


Govt proposes IBS tax incentive extension

KUALA LUMPUR, Nov 6 -- The government has proposed to extend the Industrialised Building System (IBS) tax incentive for a period of five years, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.


Budget 2021 reflects govt's commitment to support B40, M40 - MIDF

KUALA LUMPUR, Nov 6 -- Budget 2021 reflects the government’s commitment to provide support to the Bottom 40 (B40) group impacted by the COVID-19 pandemic, opines MIDF Research. 


Govt to implement 7 key initiatives to empower agriculture sector

KUALA LUMPUR, Nov 6 -- The government will implement seven key initiatives worth RM410 million to empower the agriculture sector and food industry next year, according to Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.


Govt to freeze new import licence for cigarette from Jan 1, 2021 

KUALA LUMPUR, Nov 6 -- The government will freeze the issuance of new import licence for cigarette effective Jan 1, 2021 as one of the strategies to improve revenue collection and address smuggling activities especially for high duty goods.




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