Hubungi Kami Kementerian Kewangan Malaysia No.

Special payment of RM250 for retirees and non-pensionable veterans. Government will centralise and combine the tender and procurement of RM500 million worth of medicines across health ministry, education ministry and defence ministry hospitals to generate savings from bulk purchases. Employment Act 1955 review to include increasing maternity leave to 90 days from 2021, increasing overtime qualification for those earning up to RM4,000 a month, improving sexual harassment complaint system and strengthening provisions against discrimination in jobs according to race, religion or gender. RM100 million for Unit Transformasi India Malaysia.

This is expected to affect 2,000 of the country’s top earners. Increase in allocations for Bumiputera economic empowerment, from RM7.6 billion in 2019 to RM8 billion in 2020. RM152 million for increase in allowance for fishermen, from RM200 to RM250 a month.

RM200 million for SME Bank for women entrepreneurs and RM300 million for Bumiputera SMEs.

The takeover of highways will not burden the government as the funding will come from the collection of congestion charges. RM57 million for Orang Asli Development Department for Orang Asli welfare and RM83 million for Orang Asli education, economy and infrastructure development. A big chunk of RM241.02 billion of it goes to the operating expenditure while the remainder RM56 billion is for the development expenditure. This is a 2% increase from the existing 28%.

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RM192 million for professional certification programmes under Yayasan Peneraju. RM10 million for the development of female athletes.

The treasury’s GDP forecast is within the range of Bank Negara Malaysia’s (BNM) 5.5 per cent and eight per cent for 2021. RM738 million for Risda and Felda to boost revenue generation.

50% excise duty exemption for new locally assembled cars purchased by tour companies.

RM50 million to enhance detention procedures and facilities, and installation of 11,500 CCTV units in police detention centres and immigration entry points. 6 November 2020, Friday, 3.00 pm To address glut in unsold condominium and apartment units worth some RM8.3 billion in Q2 2019, the threshold will be decreased for foreign buyers from RM1 million to RM600,000 for urban properties. Shafie thankful for RM53 mil in special grant for Sabah, Dewan debates additional budget for expenses incurred in 2019, Selangor tables RM2.3 bil budget to stimulate growth, Budget initiatives not benefiting us, say Sabah developers.

KUALA LUMPUR: Finance Minister Lim Guan Eng tables the 2020 Budget today, the second under the Pakatan Harapan government since it came to power in the May 9, 2018 polls. For the first time in 50 years, government to increase special allocation for Sabah and Sarawak. RM445 million in grants to support the development of Bumiputera entrepreneurs through access to funding, establishment of business premises and training. RM524 million to boost R&D in the public sector. This will benefit an estimated 1.5 million more people. RM100 million for repair and refurbishment of low and medium cost strata housing. RM20 million to MDEC to encourage local players to produce digital content. 2 Excludes contingency reserves. 13. RM85 million for development and repair of infrastructure in new villages.

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