IPOH, 23 Oct 2009: The police today advised all quarters, especially party supporters, not to create a commotion during the Perak state assembly sitting, scheduled for Wednesday, 28 Oct 2009. Perak police chief Datuk Zulkefli Abdullah also urged assemblypersons not to create tension which might lead to untoward incidents. “Action will be taken against those […]
budget
Lower income tax in 2010
KUALA LUMPUR, 23 Oct 2009: Prime Minister Datuk Seri Najib Razak, in an effort to improve the people’s well-being, today announced the government’s proposal to increase personal income tax relief from RM8,000 to RM9,000. At the same time, the government was also proposing to restructure the national fuel subsidy system to be more equitable. In […]
Budget 2010
Updated 8.10pm on 23 Oct 2009 KUALA LUMPUR, 23 Oct 2009: Prime Minister Datuk Seri Najib Razak today tabled Budget 2010, themed “1Malaysia, Together We Prosper”, which totalled RM191.5 billion. The budget, Najib’s first as Finance Minister, has a three-pronged strategy to drive the nation towards a high-income economy, and ensure holistic and sustainable […]
Where’s Penang’s heritage money?
By Ding Jo-Ann“The Government will provide an allocation of RM50 million for conservation works of heritage sites in Malacca and Penang, to support activities undertaken by non-governmental organisations (NGOs) and [the] private sector.” Tun Abdullah Ahmad Badawi during his 2009 budget speech in Parliament. The former prime minister, who was also finance minister, referred to Malacca and […]
Hiding behind “secrets”
By Gan Pei LingShhhhh… (© Paul Brunskill / sxc.hu) “YOU cannot quote me…I’ve discussed with my superior, we’ve decided that the progress is slow, so we don’t think it’s a good time to publicise it now, why don’t you write on other issues?” That was the response from an officer from the Ministry of Women, Family and Community […]
Funding our MPs
By Deborah Loh(ATM pic public domain / Wiki Commons) PARLIAMENT’S suspension of Puchong legislator Gobind Singh Deo‘s allowances and benefits for a year is revealing. That Gobind, who has filed a suit against his suspension, is an opposition Member of Parliament (MP) makes the whole exercise more telling. The episode betrays a mindset about the concept of […]
Govt to allocate RM200bil for 2010 budget: Najib (Updated)
(Updated 2:59pm, 28 March 2009) KUALA LUMPUR, 28 March 2009: The government may allocate about RM200 billion more under the 2010 budget, raising the allocation to generate the national economy to about RM470 billion for the two-year period. This followed the announcement of the allocation of RM206 billion under the 2009 budget by Prime Minister […]
Credit rating downgrade not expected
By Yong Min WeiKUALA LUMPUR, 13 March 2009: The country’s widening fiscal deficit from 4.8% to 7.6% for 2009 is not expected to result in the downgrade of its credit rating as it is at an acceptable level in times of economic crisis, the Dewan Rakyat was told yesterday. Deputy Prime Minister and Finance Minister Datuk Seri Najib […]
Package to stave off economic downturn
KUALA LUMPUR, 10 March 2009: The government today unveiled its second economic stimulus package totalling RM60 billion, comprising initiatives and ideas to invigorate vital sectors to maintain the people’s welfare and prosperity in the face of the global economic downturn. Deputy Prime Minister and Finance Minister Datuk Seri Najib Razak, when tabling the package in […]
Mini budget expected to be RM10bil
KUALA LUMPUR, 5 March 2009: Deputy Finance Minister Datuk Kong Cho Ha today said that a part of the second economic stimulus package or the Mini Budget will involve an estimated spending of RM10 billion. Kong said this to reporters after the first reading of the Supplementary Supply Bill 2009 at the Dewan Rakyat sitting […]
