bajet 2015

The government’s austerity measures in the 2015 Budget does not affect pension payments to retirees of federal and state departments and agencies as well as from statutory bodies throughout the country.

Director of the Public Service Department (JPA) Post-Service Division, Datuk Yeow Chin Kiong, said this was because the pension and its payments came under the [...]

Prime Minister Datuk Seri Najib Tun Razak announced key measures to sustain development and economical growth on Tuesday.

According to him, the Government will continue to seek ways to ensure the country continues to grow as well as protecting the people’s well-being.

The highlights of his announcement include:

* The 2015 National Service Training Programme [...]

SPECIAL REMARKS BY

YAB DATO’ SRI MOHD. NAJIB BIN TUN HAJI ABDUL RAZAK

PRIME MINISTER OF MALAYSIA

SPECIAL ADDRESS ON CURRENT DEVELOPMENTS AND GOVERNMENT’S FINANCIAL POSITION

 

Bismillahir Rahmanir Rahim

Assalamualaikum Warahmatullahi Wabarakatuh dan Salam 1 Malaysia

YAB Tan Sri Muhyidin Yassin

Timbalan Perdana Menteri

YB Dato’ Seri Ahmad Husni Hanadzlah

Menteri Kewangan Kedua

YBhg. Tan Sri Dr. Ali Hamsa

Ketua Setiausaha Negara 4

 

Introduction

1. First and foremost, [...]

THE management of subsidies has been a nightmare to governments. The government of Malaysia provides subsidies to producers and consumers that constitute a significant portion, or about one-fifth, of its total operating expenditure.

They have pervaded many areas of our lives, especially in transport and energy, and also in public education and health, as well [...]

The Malaysian Global Innovation and Creativity Centre (MaGIC) received a much-needed boost from the recently-tabled Budget 2015 for one of its soon-to-be-launched programmes.

On Oct 10, Malaysian Prime Minister Najib Razak, also the Finance Minister, announced plans to make the country the location of choice for startups in the region.

“To attract more expatriate entrepreneurs establish startups [...]

In the recent years, the development of entrepreneurship has been growing in importance in Malaysia. This is evident that the Government places great importance on entrepreneurship in the country with the various supporting mechanisms and policies that exist for entrepreneurs in terms of funding opportunities, physical infrastructure and availability of business advisory services.

To implement sustainable [...]

Women should capitalise on opportunities provided by the goverment in Budget 2015 to empower them, Minister in the Prime Minister’s Department Nancy Shukri said Tuesday.

She said the government had initiated a lot of programmes for women to spur their advancement and raise their standard of living.

“The budget has allocated a lot for women, and that’s [...]

The government will ensure that the rise in the income of the people is faster than that of prices of goods, says Minister in the Prime Minister’s Department, Datuk Seri Abdul Wahid Omar.

He said towards this end, the government will find various means, including unpopular measures which can help strengthen the economy and finance of [...]

The government will set up two one-stop centres in a bid to develop the creative digital content industry in the near future, Communication and Multimedia Minister Datuk Seri Ahmad Shabery Cheek said.

He said one of the centres, to be known as the Pitching Centre, would be set up in the next three months to listen [...]

AS with previous years, the education sector received a substantial allocation in the Budget 2015.

When tabling the budget in Parliament, Prime Minister Datuk Seri Najib Tun Razak announced that RM56bil will be allocated to the Education Ministry to carry out teaching and learning programmes.

Some RM250mil will be channelled to School Improvement Specialist Coaches and School [...]

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