Budget 2016


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Budget review likely to affect several sectors

The recalibration of Budget 2016 may affect several sectors, including telecommunications as well as alcohol and tobacco companies. “While potential measures would address the oil revenue shortfall in Budget 2016 and help stave off the…



Chua: Govt wants to retain BR1M scheme

The Government is looking at retaining the 1Malaysia People’s Aid (BR1M) scheme despite Budget 2016 having to be revised, Deputy Finance Minister Datuk Chua Tee Yong said. “Maintaining BR1M is crucial as it acts as…



PM: govt being proactive

Recalibrating Budget 2016 is a proactive measure by the Government to ease the pressure on the economy caused by the fall of oil prices and to ensure that the people are not burdened by it,…


No increase in GST rate for now, says Najib

The Government will not increase the Goods and Services (GST) rate at this point because it is looking after the people’s welfare during these trying economic times. The Prime Minister Datuk Seri Najib Tun Razak…



Johari: No budget revision for now

The government will not make any revisions to the 2016 Budget now despite declining oil prices, says Deputy Finance Minister Johari Abdul Ghani. “When we prepared the budget, the oil price then was US$48 per…


M’sians urged to apply for BR1M before Dec 31

Prime Minister Datuk Seri Najib Tun Razak has reminded Malaysians eligible for next year’s 1Malaysia People’s Aid (BR1M) to apply for the cash handout before the Dec 31 deadline. Applications or the updating of particulars,…