The Malaysian Pulse
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Sun, 22 Sep 2019, 6:11 PM
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Topic: Budget 2020

Free Malaysia Today:
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Budget 2020 should lead in making shared prosperity a reality
On Sept 19, in the midst of the worsening haze condition, Universiti Malaya became the venue of a public forum organised by IDEAS on the upcoming budget and how it can help realise “shared prosperit...
theSun:
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Penang government to table deficit budget for 2020, says Chow
BUKIT MERTAJAM: The Penang government will be tabling a deficit budget for next year, which is expected to be lower than the 2018 and 2019 budgets, Chief Minister Chow Kon Yeow (pix) said yesterday.
The Star:
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LBS suggests greater measures to boost home ownership
PETALING JAYA: Property developer LBS Bina Group Bhd has called for greater measures to boost house ownership in Malaysia and to lift the property sector.
Free Malaysia Today:
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Penang govt to table deficit budget for 2020, says Chow
BUKIT MERTAJAM: The Penang government will be tabling a deficit budget for next year which is expected to be lower than the 2018 and 2019 budgets, Chief Minister Chow Kon Yeow said today.
Malaysiakini:
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Penang to table deficit budget for 2020, says CM
The Penang government will be tabling a deficit budget for next year, which is expected to be lower than the 2018 and 2019 budgets, Chief Minister Chow Kon Yeow said today.
Malay Mail:
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Penang govt to table deficit budget for 2020, says Chow
BUKIT MERTAJAM, Sept 20 — The Penang government will be tabling a deficit budget for next year, which is expected to be lower than the 2018 and 2019 budgets, Chief Minister Chow Kon Yeow said today.
Malay Mail:
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Finance Ministry launches definitive Budget 2020 logo to avoid confusion with other logos
KUALA LUMPUR, Sept 20 — The Finance Ministry has today launched the official Budget 2020 logo, the second Budget to be tabled under the Pakatan Harapan administration.
The Edge Markets:
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LBS Bina Budget 2020 wishlist: More measures to make homeownership easier
PETALING JAYA (Sept 20): LBS Bina Group Bhd urged the government to extend the homeownership campaign (HOC) and various financial incentives till next year, said the managing director Tan Sri Lim Hock...
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LBS Bina Budget 2020 wishlist: More measures to make homeownership easier
PETALING JAYA (Sept 20): LBS Bina Group Bhd urged the government to extend the homeownership campaign (HOC) and various financial incentives till next year, said the managing director Tan Sri Lim Hock...
The Star:
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Increase in excise duty for alcohol seen unlikely in Budget 2020
PETALING JAYA: Cheers to brewery companies as the government is unlikely to increase the excise duty for alcohol in the upcoming Budget 2020 announcement...
The Star:
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Melaka told to look for new water sources
PETALING JAYA: The state of Melaka should look into finding new sources of water, including underground water, to avoid shortages in the future, says National Water Services Commission (SPAN) chairman Charles Santiago.
Free Malaysia Today:
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Entrepreneur development minister renews call for higher allocation in Budget 2020
PETALING JAYA: Entrepreneur Development Minister Redzuan Yusof said it was important for his ministry to receive higher allocations during the tabling of Budget 2020 to help boost small and medium ent...
Star TV:
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Ideas proposes gradual GLC stake divestment by government
The Institute for Democracy and Economic Affairs (IDEAS) has proposed a review of Malaysian government-linked companies (GLCs) to form the basis of a divestment strategy.Ideas research director Lauren...
Star TV:
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Jomo: Strong political will needed in domestic renewable energy push
Economist Prof Dr Jomo Kwame Sundaram said a strong political will is needed to push for renewable energy (RE) in Malaysia.Speaking to reporters on Thursday on the sidelines of a public forum on Budge...
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Reopen question of cancelling ECRL, Jomo tells govt after Amhari's 1MDB trial testimony
Economist Prof Dr Jomo Kwame Sundaram has urged the government to reopen the question of cancelling the East Coast Rail Link (ECRL) project, following 1Malaysia Development Bhd (1MDB)-Tanore trial key...
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Budget 2020: IDEAS proposes gradual GLC stake divestment by government
KUALA LUMPUR (Sept 19): The Institute for Democracy and Economic Affairs (IDEAS) had today proposed a review of Malaysian government-linked companies (GLCs) to form the basis of a divestment strategy,...
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Carlsberg Malaysia is CGS-CIMB Research's top brewery pick
KUALA LUMPUR (Sept 19): CGS-CIMB Research said today Carlsberg Brewery Malaysia Bhd is its top pick in the brewery sector due to the company's higher dividend yields and cheaper valuations.
The Star:
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Kitingan disappointed with PM’s ‘no money excuse’
KOTA KINABALU: The presence of state Opposition leader Datuk Dr Jeffrey Kitingan welcoming Tun Dr Mahathir Mohamad at the airport is raising eyebrows...
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Govt should allocate support incentives for SMEs in Budget 2020, say industry...
KUALA LUMPUR (Sept 18): Automation revolution industry experts have opined that the government should allocate support incentives for the small and medium enterprises (SMEs), as well as a conducive en...
Free Malaysia Today:
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Govt proposes additional budget for 2020 Visit Malaysia Year campaign
KUALA LUMPUR: Finance Minister Lim Guan Eng says the government is proposing an additional allocation for the 2020 Visit Malaysia Year campaign.
The Edge Markets:
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Govt proposes additional budget for 2020 Visit Malaysia Year Campaign
KUALA LUMPUR (Sept 18): The federal government is proposing an additional allocation for the 2020 Visit Malaysia Year Campaign, said Finance Minister Lim Guan Eng.
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Govt proposes additional budget for 2020 Visit Malaysia Year Campaign
KUALA LUMPUR (Sept 18): The federal government is proposing an additional allocation for the 2020 Visit Malaysia Year Campaign, said Finance Minister Lim Guan Eng.
The Borneo Post:
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RM78 million to repair dilapidated schools in Sabah – Lim
Lim and Shafie addressing the media after the dialogue session with industry players in connection with Budget 2020.
The Star:
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Budget likely to miss fiscal target to boost growth
PETALING JAYA: Budget 2020 is expected to be a tough one as the government is likely to miss its fiscal target to boost economic growth in light of the slowdown on the...
The Star:
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Budget 2020: What influences where the money goes
In recent weeks, the Ministries of Health (MOH) and Finance (MOF) have announced that they have convened multiple meetings involving many stakeholders, to create a more thoughtful, more inclusive and ...
theSun:
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MoF allocates RM78m to rehabilitate 30 dilapidated schools in Sabah
KOTA KINABALU: The Ministry of Finance (MoF) has allocated RM78 million to rehabilitate dilapidated schools in Sabah this year, says Finance Minister Lim Guan Eng (pix).
Malaysiakini:
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RM78m allocated to rehabilitate 30 dilapidated schools in Sabah
The Finance Ministry has allocated RM78 million to rehabilitate dilapidated schools in Sabah this year, said minister Lim Guan Eng.
Malay Mail:
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Guan Eng: Putrajaya’s finances still too weak to fully repay Sabah, Sarawak
KOTA KINABALU, Sept 17 — The federal government’s financial situation has not recovered enough for it to pay Sabah and Sarawak everything the two states are due, Finance Minister Lim Guan Eng said...
Malaysiakini:
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Abu Kassim: Political funding law to be tabled in Oct
A law to regulate political financing is expected to be tabled at next month's Parliament session said National Centre for Governance, Integrity, and Anti-Corruption (GIACC) director-general Abu Kassi...
EdgeProp.my:
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Govt unlikely to introduce new tax measures for Budget 2020, says RHB Research
KUALA LUMPUR (Sept 17): RHB Research Institute Sdn Bhd said the government is unlikely to introduce new tax measures for Budget 2020.
Free Malaysia Today:
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Malaysia de-industrialising too soon, too fast, says Guan Eng
PETALING JAYA: Finance Minister Lim Guan Eng has sounded the alarm over “premature de-industrialisation” in Malaysia which he says has seen the once flourishing manufacturing sector replaced by th...
Malay Mail:
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'Overweight' calls by RHB Research on three sectors for Budget 2020
KUALA LUMPUR, Sept 17 — RHB Research has made “overweight” calls on the construction, non-bank financial institution (NBFI) and gaming sectors for the upcoming Budget 2020 on expectations that t...
The Star:
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RHB: Budget 2020 to likely include a mini stimulus package
KUALA LUMPUR: Budget 2020 will likely include a contingency plan to counter the slowdown from the US-China trade war.
Malay Mail:
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RHB Research: Malaysia’s Budget 2020 likely to include mini stimulus package
KUALA LUMPUR, Sept 17 — Budget 2020 will likely include a contingency plan to counter the slowdown from the US-China trade war.
The Edge Markets:
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Govt unlikely to introduce new tax measures for Budget 2020, says RHB Research
KUALA LUMPUR (Sept 17): RHB Research Institute Sdn Bhd said the government is unlikely to introduce new tax measures for Budget 2020.
The Star:
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Malaysian budget to address high cost of living issue
PETALING JAYA: The upcoming Budget 2020 will emphasise on new growth measures to address the high cost of living issue and improve the purchasing power of...
The Straits Times:
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Malaysian Cabinet holds special meeting to map out country's economic development
PETALING JAYA (THE STAR/ASIA NEWS NETWORK) - Malaysia's special Cabinet meeting on Saturday (Sept 14) to map out the economic development of the country will present one of Pakatan Harapan's biggest c...
The Star:
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Cabinet sits for unprecedented meet
PETALING JAYA: The special Cabinet meeting today to map out the economic development of the country will present one of Pakatan Harapan’s biggest challenges, say...
The Star:
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Lim: No plans to bring back GST
KUALA LUMPUR: The government will not be bringing back the Goods and Services Tax (GST), said Finance Minister Lim Guan Eng.
EdgeProp.my:
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Budget 2020: PAS proposes tax on companies' cash, bank balances
KUALA LUMPUR (Sept 13): PAS central's economic, real estate and entrepreneur development committee has proposed a 2.5% tax, based on Islamic Zakat principles, on Malaysia-based companies' cash and ban...
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Budget 2020: PAS proposes tax on companies' cash, bank balances
KUALA LUMPUR (Sept 13): PAS central's economic, real estate and entrepreneur development committee has proposed a 2.5% tax, based on Islamic Zakat principles, on Malaysia-based companies' cash and ban...
The Star:
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Respiratory and eye-related illnesses on the rise due to haze
KUANTAN: Early findings on the effects of haze on health has shown an increase of 30% to 40% in certain illnesses.
theSun:
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PH, BN leaders back call for reimplementation of GST
theSun:
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Special cabinet session tomorrow on Shared Prosperity Vision
KUALA LUMPUR: The Cabinet will have a special meeting this Saturday to discuss the country’s long term economic policy direction based on the Shared Prosperity Vision 2021-2030.
The Edge Markets:
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Special Cabinet session this Saturday on Shared Prosperity Vision
KUALA LUMPUR (Sept 12): The Cabinet will have a special meeting this Saturday to discuss the country’s long-term economic policy direction based on the Shared Prosperity Vision 2021-2030.
The Star:
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Raising productivity, living standards need to be key priority in spearheading growth, says think tank
PETALING JAYA: "Band aid solutions" and "stop gap measures" to help to spur growth in the economy and stop poverty will not work in the long run, says the Institute of Strategic Analysis and Policy Research (Insap).
The Edge Markets:
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UOB sees RM5b-RM8b contingency funds allocation in Budget 2020
KUALA LUMPUR (Sept 12): UOB Malaysia expects the Government to set aside between RM5 billion and RM8 billion as contingency funds in the Budget for next year to cushion the Malaysian economy from any ...
Free Malaysia Today:
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People unhappy with govt, Budget 2020 must address economic woes, says MCA
KUALA LUMPUR: MCA is calling for “sincere and honest” discussions about the state of the economy and the government’s shortcomings ahead of the tabling of Budget 2020, and wants a political ceas...
Free Malaysia Today:
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Sabah think tank wants time frame for return of revenue owed
KUALA LUMPUR: A Sabah government-run think tank has urged Putrajaya to provide a realistic time frame to return money owed to the state, rubbishing its excuse that it does not have enough funds to do ...
Free Malaysia Today:
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No mega projects bad for business, cry heavy machinery firms
KUALA LUMPUR: Local heavy machinery industry players have urged the government to initiate more mega projects next year, saying they have found it difficult to cope over the past year without major pr...
Free Malaysia Today:
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Think tank predicts budget cuts after warning of economic slowdown
KUALA LUMPUR: A think tank today predicted cuts in the budget for 2020 when it is tabled in Parliament next month, following the forecast by Moody’s Investors Service of a slowdown in economic growt...
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Mah Sing hopes stamp duty exemption will continue
KUALA LUMPUR (Sept 12): Mah Sing Group Bhd hopes the Government will continue to exempt first-time house buyers from stamp duty payment in the upcoming Budget 2020, to be tabled in Parliament on Oct 1...
Malay Mail:
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Report: Putrajaya mulling larger deficit in 2020 to guard against global slowdown
KUALA LUMPUR, Sept 12 — The Pakatan Harapan (PH) government could forego its deficit reduction target for 2020 and increase spending in an attempt to shore up the Malaysian economy against fallout f...
The Star:
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Property wish list for Budget 2020
PETALING JAYA: Relaxed lending guidelines, continued incentives under the Home Ownership Campaign (HOC), reduced compliance cost and the termination of the real...
The Edge Markets:
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Mah Sing hopes stamp duty exemption will continue
KUALA LUMPUR (Sept 11): Mah Sing Group Bhd hopes the Government will continue to exempt first-time house buyers from stamp duty payment in the upcoming Budget 2020, to be tabled in Parliament on Oct 1...
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Malaysia's National Budget Office seeks IDEAS' input for Budget 2020
KUALA LUMPUR (Sept 11): Malaysia's National Budget Office (NBO) had last month sought the Institute for Democracy and Economic Affairs' (IDEAS) inputs on institutional reforms for the Budget 2020 spee...
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Malaysia's National Budget Office seeks IDEAS' input for Budget 2020
KUALA LUMPUR (Sept 11): Malaysia's National Budget Office (NBO) had last month sought the Institute for Democracy and Economic Affairs' (IDEAS) inputs on institutional reforms for the Budget 2020 spee...
theSun:
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Reintroduce GST to bolster nation’s coffers, say economists
PETALING JAYA: The government should consider reintroducing the unpopular Goods and Services Tax (GST) for Budget 2020 to replace the Sales and Services Tax (SST) if it wants to increase its coffers, ...
Malaysiakini:
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Ideas applauds govt's preparations to table Budget
LETTER | The Institute for Democracy and Economic Affairs (Ideas) applauds the government’s efforts in implementing best practices in their preparations to table the national budget in Parliament on...
Malaysiakini:
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IDEAS applauds govt's preparations to table the budget in Parliament.
The Institute for Democracy and Economic Affairs (IDEAS) applauds the government’s efforts in implementing best practices in their preparations to table the national budget in Parliament on 11 Octob...
The Star:
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Loke seeks more allocation for travel passes in Budget 2020
KUALA LUMPUR: The Finance Ministry should provide more allocations for the My50 and My100 unlimited monthly travel passes in Budget 2020, given the success...
The Star:
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Guan Eng: Make insurance policies more affordable
KUALA LUMPUR: The insurance policies in Malaysia must be made more affordable in order to boost the country’s insurance penetration rate which is far below its 2020...
The Edge Markets:
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EVENING 5: Five things you need to know today
Dirty dealings. Corporate battles.
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Kimlun sees tough conditions in construction market persisting
CONSTRUCTION companies such as Kimlun Corp Bhd are waiting with bated breath to see what goodies will be announced in the upcoming Budget 2020 and are hoping the government will pump-prime the economy...
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KLCI down 10.05pts as Axiata, Digi top index decliners
KUALA LUMPUR (Sept 10): The FBM KLCI settled down 10.05 points or 0.63% at Bursa Malaysia's afternoon close today mainly on Axiata Group Bhd and Digi.Com Bhd's share price drop as investors evaluated ...
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Loke hopes public transport gets attention in Budget 2020
KUALA LUMPUR: Transport Minister Anthony Loke is hoping that public transportation will be given attention in the upcoming Budget 2020.
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The Week Ahead: Bank Negara’s OPR decision to take centre stage
It will be another holiday-shortened week as the birthday of the 16th Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah falls on Monday.
The Star:
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3R approach in medical equipment and facilities
KUALA LUMPUR: The government will focus on ensuring existing medical equipment and facilities are functioning well through the adoption of the “Repairs, Replace and...
theSun:
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Adopt repair, replace and restore approach for govt medical equipment, facilities: Lim
KUALA LUMPUR: The government will focus on ensuring that existing medical equipment and facilities are functioning well through the adoption of the “Repairs, Replace and Restore” (3R) approach, sa...
The Borneo Post:
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Adopt 3R approach in govt medical equipment, facilities – Lim
Lim Guan Eng – Bernama file photo KUALA LUMPUR: The government will focus on ensuring that existing medical equipment and facilities are functioning well through the adoption of the “Repairs, Rep...
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Gov't to focus on ensuring medical equipment and facilities are functioning well
The government will focus on ensuring that existing medical equipment and facilities are functioning well through the adoption of the “Repairs, Replace and Restore” (3R) approach, says Finance Min...
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Focus on ‘Repairs, Replace and Restore’ of health equipment, urges Guan Eng
PETALING JAYA: The federal government is focusing efforts to ensure all existing medical equipment and facilities function well, Finance Minister Lim Guang Eng said.
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Melaka to spend RM5mil on new vehicles
MELAKA: The state is spending about RM5mil on 45 new vehicles, said Chief Minister Adly Zahari.
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Malacca to spend RM5m on purchase of 45 new vehicles
MALACCA: The Malacca state government is spending about RM5 million to purchase 45 new vehicles to replace the old vehicles of government departments and agencies in the state, according to Chief Mini...
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Malacca to spend RM5m on purchase of 45 new vehicles
The Malacca state government is spending about RM5 million to purchase 45 new vehicles to replace the old vehicles of government departments and agencies in the state, Chief Minister Adly Zahari said.
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CM: Melaka to spend RM5m on purchase of 45 new official vehicles
MELAKA, Sept 6 — The Melaka state government is spending about RM5 million to purchase 45 new vehicles to replace the old vehicles of government departments and agencies in the state, said Chief Min...
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Melaka to spend RM5mil on purchase of 45 new official vehicles
MELAKA (Bernama): The Melaka state government is spending about RM5mil to purchase 45 new vehicles to replace the old vehicles of government departments and...
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DNeX hopes for more tech-related projects in Budget 2020
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) hopes the government would roll out more projects related to technology in the upcoming Budget 2020.
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Power Root, Lotte Chemical Titan, DNeX, Affin Bank, Suria Capital, APFT,...
KUALA LUMPUR (Sept 5): Based on corporate announcements and news flow today, stocks in focus for Friday (Sept 6) may include the following: Power Root Bhd, Lotte Chemical Titan Holding Bhd, Dagang NeX...
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Optimise Govt social aid to ensure target groups reached — Lim
PUTRAJAYA (Sept 5): The Government will need to rationalise and optimise a total RM107 billion in social expenditure allocated under the 2019 Budget, especially those channeled as Government aid.
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Optimise govt social aid to ensure target groups reached: Guan Eng
PUTRAJAYA: The government will need to rationalise and optimise a total RM107 billion in social expenditure allocated under the 2019 Budget, especially those channeled as government aide.
Malay Mail:
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Finance minister urges for prudent use of govt social aid to ensure target groups benefit
PUTRAJAYA, Sept 5 — The government will need to rationalise and optimise a total RM107 billion in social expenditure allocated under the 2019 Budget, especially those channelled as government aide.
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DNeX hopes Budget 2020 includes more technology-related projects
KUALA LUMPUR (Sept 5): Dagang NeXchange Bhd (DNeX) hopes the government would roll out more projects related to technology in the upcoming Budget 2020.
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KLCI starts lower before rising as HK, Brexit concerns appear to ease
KUALA LUMPUR (Sept 5): The FBM KLCI opened down today before rising as Asian equities rose amid an apparent easing in Brexit and Hong Kong's political concerns.
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MED plans to further strengthen micro, small and medium enterprises
The Ministry of Entrepreneur Development (MED) plans to further strengthen the micro, small and medium enterprises (MSMEs) through more skills development programmes that in line with the Industrial R...
Free Malaysia Today:
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Entrepreneur ministry hopes for higher Budget 2020 allocation
KUALA LUMPUR: The entrepreneur development ministry hopes to be given a higher allocation under Budget 2020, its deputy minister Hatta Ramli said today.
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High time for country to diversify palm oil usage — Teresa
KUALA LUMPUR (Sept 3): It is time for Malaysia to discover more new uses of palm oil to create more demand for the commodity, in an effort to stabilise the crude palm oil prices, said Primary Industri...
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High time for the country to diversify palm oil usage, says minister
KUALA LUMPUR, Sept 3 — It is time for Malaysia to discover more new uses of palm oil to create more demand for the commodity in an effort to stabilise the crude palm oil prices, said Primary Industr...
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Lazada Malaysia says ready to embrace digital tax
KUALA LUMPUR, Sept 3 ― Lazada Malaysia says it will be ready to embrace digital tax, which the government is considering implementing.
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Mixed reactions over proposals
KUALA LUMPUR: Employers are wary of the suggestion by MTUC for the government to introduce a mi­­ni­mum monthly RM500 cost of living allowance (Cola) for all workers in Budget 2020.
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Experts suggest flexi route to raising retirement age; employers want tax breaks
KUALA LUMPUR, Sept 3 — The proposal to raise the mandatory retirement age from 60 to 65 by the Malaysian Trade Unions Congress (MTUC) was timely but should be implemented in stages, said an economis...
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Govt to study proposal to increase retirement age from 60 to 65
IPOH: The government will study the proposal to increase the retirement age from 60 to 65 as practised in several developed countries including Singapore.
The Borneo Post:
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MTUC’s proposal for RM500 Cola should include pensioners, says Wan Junaidi
Datuk Seri Wan Junaidi Tuanku Jaafar KUCHING: The proposed introduction of a minimum monthly RM500 cost of living allowance (Cola) should not be solely targetted at workers, but also include pensione...
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‘RM500 Cola, retirement-at-65 proposals worth looking into’
Hadiah Leen KUCHING: The Malaysian Trades Union Congress (MTUC)’s proposals for the monthly minimum of RM500 in Cost of Living Allowance (Cola) and the increase of the mandatory retirement age from...
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Budget 2020: Will voices of Spinal Muscular Atrophy patients be heard?
LETTER | On Aug 8, members of the public were invited to contribute their ideas and proposals for the preparation of Budget 2020 which will be tabled on Oct 11, through a special website.
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Malaysia to study proposal to increase retirement age, minister says
IPOH: The Malaysian government will study the proposal to increase the retirement age from 60 to 65, as practised in several developed countries including Singapore, Human Resources Minister M Kulase...
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Govt will study proposal to increase retirement age
IPOH (Sept 2): The government will study the proposal to increase the retirement age from 60 to 65 as practised in several developed countries including Singapore.
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Sarawak MP asks Putrajaya for holistic review of work issues
KUCHING, Sept 2 — The federal government should not only look at the minimum monthly cost of living allowance (COLA) but also other issues related to workers and the self-employed, Santubong MP Datu...
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Govt will study proposal to increase retirement age
M. Kula Segaran – Bernama file photo IPOH: The government will study the proposal to increase the retirement age from 60 to 65 as practised in several developed countries including Singapore.
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Govt will study proposal to increase retirement age: Kula
IPOH: The government will study the proposal to increase the retirement age from 60 to 65 as practised in several developed countries including Singapore.
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