My Sinchew/ Budget

Perodua suggests incentives for first time national car buyers

Perusahaan Otomobil Kedua Sdn Bhd (Perodua) hopes the government will consider including special incentives for first time national vehicle buyers in the upcoming Budget 2017.


Fiscal deficit target achievable on higher oil prices: MIER

The government's target to achieve a lower fiscal deficit of 3.1 per cent this year, against the 3.2 per cent recorded last year, is highly achievable if the current global oil price trend of above US$40 per barrel is sustained until year-end, says an independent think tank.


Poor response for 3% EPF cut

Both the employers and employees have responded negatively to the proposal of cutting the employees' EPF contribution by 3%.


The power of defaults

"Nudge" can be a very useful tactic which if applied wisely in public policies could bring positive effects.


Budget recalibration realistic: economist

The recalibrated Budget 2016 is considered a realistic revision, says Bank Islam Malaysia Bhd Chief Economist Dr Mohd Afzanizam Abdul Rashid.


Lower EPF contribution to boost domestic demand: Zeti

The cut in the employees' contributions to the Employees Provident Fund (EPF) is to boost domestic demand, said Bank Negara Malaysia (BNM) Governor, Tan Sri Dr Zeti Akhtar Aziz.


Budget revision expected to save RM9bn

The government has unveiled 11 restructuring measures and adjustments to the 2016 Budget which is expected to save RM9 billion in operating and development expenditures as announced in October 2015.


Country not in recession, GDP growth revised to 4-4.5%

Malaysia is not facing an economic crisis nor a technical recession, Prime Minister Datuk Seri Najib Tun Razak said today.


Najib tables recalibrated Budget 2016

Prime Minister Datuk Seri Najib Tun Razak today tabled the recalibrated Budget 2016, with the changes aimed at making it more realistic to reflect the current economic scenario.


2% less EPF contribution by employees?

The recalibrated Budget 2016 to be unveiled by PM Najib Thursday is expected to be geared towards two main directions: to increase cash flow and government revenue.


 

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