HIGHLIGHTS

Fiscal deficit to reduce to 5.4 pct of GDP in 2021

 KUALA LUMPUR, Nov 6 -- The Federal Government’s fiscal deficit is expected to be reduced to 5.4 per cent of Gross Domestic Product (GDP) in 2021 from six per cent of GDP anticipated in 2020, according to the Finance Ministry (MoF).


Malaysia’s economy to expand 6.5-7.5 pct in 2021 – Mof


Budget 2021: Extension of tax exemption on wish list of NGOs amid pandemic

GEORGE TOWN, Nov 4 -- Non-governmental organisations (NGOs) are hoping that tax exemptions and extension of previous financial stimulus packages introduced by the federal government can be introduced in Budget 2021.


Budget 2021: Largest allocation should go to MOH

KUALA LUMPUR, Nov 4 -- In a bid to put COVID-19 infection under control, it is hoped that Budget 2021 will provide the largest allocation for the prevention and treatment of the disease, which is anticipated to persist over the next few years.


Budget 2021: Government urged to increase expenditure amid pandemic

KUALA LUMPUR, Nov 4 -- As the country continues to deal with the COVID-19 pandemic that has badly affected Malaysians’ lives, the government has been urged to provide more allocations in Budget 2021 to help the people.


More than 6,600 proposals received via Budget 2021 consultation sessions and website

KUALA LUMPUR, Nov 2 -- More than 6,600 proposals have been received through the Budget 2021 consultation sessions involving political parties as well as the Budget 2021 website, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.


Oracle: Budget 2021 to focus on investment in infrastructure connectivity

KUALA LUMPUR, Nov 2 -- Oracle Corp Malaysia Sdn Bhd, an information and communications technology (ICT) solutions provider, believes Budget 2021 will focus on investment in infrastructure connectivity via the National Digital Network (JENDELA) programme.


Budget 2021: Deloitte Malaysia expects bold measures by govt in reviving economy

By Sharifah Hunaini Syed Ismail

KUALA LUMPUR, Oct 30 -- Deloitte Malaysia expects some bold measures such as easing of tax payments and more attractive incentives to support businesses in their digital transformation efforts to be taken by the government in Budget 2021, in reviving the economy amidst COVID-19 pandemic.


Give more incentives under Locals@Work - MBM

KUALA LUMPUR, Oct 12 -- The government has to provide more incentives under the Locals@Work programme to attract more locals especially the youths to take up employment in the 3D sector which is difficult, dirty and dangerous.


Budget 2020 helps country realise digital transformation agenda – Gobind   

KUALA LUMPUR, Oct 11 -- Communications and Multimedia Minister Gobind Singh Deo today welcomed the country’s budget for next year, which focuses on building more digital infrastructure and stimulating the digital economy.




EXCLUSIVE


ECONOMIC REPORT

Budget 2021: MoT to provide incentives to lighten people’s burden - Wee 

KUALA LUMPUR, Nov 19 -- The Ministry of Transport which receives RM6.05 billion allocation under Budget 2021, will be providing various incentives to benefit the people.


2021 Budget : MAFI, private sector must co-operate to optimise Budget 2021

KUALA LUMPUR, Nov 16  -- The Ministry of Agriculture and Food Industries (MAFI) and the private sector must escalate co-operation to optimise the allocation in the 2021 Budget to MAFI so that ...

Budget 2021 described as inclusive for all in tourism sector

KUALA LUMPUR, Nov 9 -- The inclusive Budget 2021 touching on the involvement of various parties contributing to the economic chain related to the tourism sector is seen capable of revital...



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BUDGET SPEECH



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