Budget 2019


Yeo details plans for Budget 2019's RM135.2mil allocation to improve electricity in Sandakan

SANDAKAN: As campaigning for the May 11 polls enters its fourth day, Energy, Science, Technology, Environment and Climate Change minister Yeo Bee Yin has explained how a RM135.2mil allocation – as announced in Budget 2019 – will be used to improve electricity supply in Sandakan.

Government could take bigger share of risk to support SMEs

IN THE upcoming Singapore Budget 2019, more help could be given to SMEs to access policy assistance schemes as well as to support firms venturing into the Asean region, according a report from DBS.

Low-income group gets protection

PUTRAJAYA: Malaysia’s new insu­rance protection scheme for the low-income group is set to benefit some 3.69 million individuals in the country.

Good move: Dr Mahathir launching the mySalam scheme at the Treasury building in Putrajaya. Looking on are (from left) deputy Finance Minister Datuk Amiruddin Hamzah, Health Minister Datuk Seri Dzulkefly Ahmad, Lim and Great Eastern Life Holdings Limited group chief executive Khor Hock Seng.
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First phase of 2019 BSH aid payment on Jan 28

PUTRAJAYA (Bernama): The first phase of the 2019 Cost of Living Aid (BSH) of RM300 for eligible households will be paid on Jan 28, says Lim Guan Eng.

Junz Wong: Sabah feels 'shortchanged' by a smaller development allocation than DBKL's


KOTA KINABALU: Sabah feels it has been shortchanged by the federal government over its development allocation for the state in Budget 2019, when compared to that given to Dewan Bandaraya Kuala Lumpur.

Fixing of floor price for oil bodes well for Malaysia

The Malaysian Government and oil and gas players will be able to plan better

While the crude oil price assumption of US$70 per barrel used for the tabling of Malaysia’s Budget 2019 may be high, it is still well within the US$60 to US$70 per barrel range. Tumbling crude oil prices would create increasing challenges for the government to finance Budget 2019.  According to the recently published Petroliam Nasional Bhd (Petronas) Activity Outlook for 2019 to 2021, Petronas has raised its assumed oil price on a planning basis to between US$60 and US$70 per barrel for 2019.

Budget 2019 passed with simple voice vote after 16 days of debates

KUALA LUMPUR: The Pakatan Harapan government's first Budget has been passed in the Dewan Rakyat with a simple voice vote.

Malaysia's healthcare market to reach RM127.9b by 2027, says Fitch Research

KUALA LUMPUR: Malaysia's healthcare market is expected to grow by 127% to RM127.9bil in 2027 from the RM56.3bil in 2017 as the government pushes ahead with higher public healthcare expenditure, says Fitch Solutions Macro Research.

CIMB Research sees stronger Q4 for LBS Bina

KUALA LUMPUR: LBS Bina’s 9M18 core net profit was in line, at 62% of CIMB Equities Research and Bloomberg consensus full-year estimates.

CIMB Research: "Maintain Add given the potential value arising from its China Zhuhai International Circuit (ZIC) upgrade."

‘Maintain RM30mil allocation to TAR UC’

GEORGE TOWN: The operation of Tunku Abdul Rahman University College (TAR UC) will be affected if it is only given RM5.5mil in development funds next year, says Penang Front Party (PFP).