The Malaysia Stock Market Becomes Lower for 6 Month : Since March before Prime Minister Najib Tun Razak table the Budget 2015, the FTE Bursa Malaysia Kuala Lumpur Composite Index (KLCI) is at the lowest.
Near a six-month low, the index of Malaysia stock market became 1, 812, 27 as of 3:30. CIMB Group Bhd, Public Bank Bhd, UMW Holdings Bhd and Petronas Gas Bhd are the listed that make the blue chip index of Malaysia stock market dragged down by losses. [click to continue…]
Malaysia Inflation Rate Rise to 5% on 2015 According to the Ministry of Finance, pre-budget Economic Report, the rise of Malaysia inflation rate above 4% for the first time in five years is due to the onset of GST that begin on April next year
The implementation of GST and effect of fuel subsidy reduction make the Malaysia inflation rate increase 4% to 5% in 2015. According to the information available, the latest Malaysia inflation rate stood at 3.3% in August. The subsidy cut that drove up the price of fuel, electricity and sugar makes monthly Malaysia inflation rate have stayed above 3% since December. [click to continue…]
Budget 2015 : Youth Housing Scheme Announcement : As an effort to encourage house ownership among the youths in the country, Prime Minister Najib Abdul Razak announced the Youth Housing Scheme.
The condition of Youth Housing Scheme is for married youths between 25 and 40 with a household income of not more than RM10,000. Besides, the Youth Housing Scheme offered a funding limit for first home not exceeding RM500.000 with a maximum loan period of 35 years. [click to continue…]
The Proposal of Budget 2015 Pakatan Rakyat On Taxes To The Rich : Before the unveiling of the government’s Budget 2015, the substitutes to the goods and services tax (GST) proposed by Budget 2015 Pakatan Rakyat.The coalition was looking at introducing a Capital Gains Tax (CGT) and Inheritance Tax. Budget 2015 Pakatan Rakyat budget committee while presenting its alternative budget said it. [click to continue…]
No Malaysia GST Impose on RON95, Diesel Fuel & LPG for Budget 2015 : For petrol (RON95 and RON97), diesel, and LPG, there will no GST imposed on them. That statement as announced by the Prime Minister, Datuk Seri Najib Tun Razak.
He again said that RON95 petrol, diesel and LPG will be exempted from Malaysia GST regarding to prevent the implementation of GST become a burden to Malaysians. [click to continue…]
Budget 2015 GST Malaysia Not Become A Burden : The implementation of GST not becomes a burden to Malaysians as promises by Prime Minister Najib Razak.
The fuels of RON95, petrol and diesel are exempted from the Budget 2015 GST as it will implement on April next year. The assumption that prices of all goods will increase due to the budget 2015 GST is wrong. [click to continue…]
Tax Exemption Malaysia According To The Budget 2015 Income Tax : There are 300,000 individual taxpayers do not have to pay income tax due to it will be cut by Government between 1% to 3% for Budget 2015 income tax.
According to the Prime Minister Najib Tun Razak, [click to continue…]
Check BR1M 4.0 2015 Cash Handout Rise On : By nearly 50% on 2015, the BR1M 3.0 cash handouts are set to rise for those who have lower incomes.
For BR1M 2015, the households with monthly incomes of RM3,000 and below will rise to RM950, the households with incomes between RM3,000 and RM4,000 will receive RM750. [click to continue…]
A day the CIMB Group Holdings Bhd agreed with two smaller domestic lenders which is RHB and MBSB and in order to create Malaysia’s biggest banking group, it shares feel nearly. [click to continue…]
HSBB High Speed broadband In Malaysia Costs A Large Amount To Boost : When presenting Budget 2015 at the Parliament, the Prime Minister Najib Abdul Razak said that for the laying of undersea cables, RM2.7 billion will be spent over the next three years to build 1,000 new telecommunications towers. [click to continue…]