Budget 2014 to be tabled in Parliament by the Prime Minister on Oct 25 will focus on strengthening the domestic economy and cushioning it from any ill-effects triggered by global economic uncertainties and the continued partial government shutdown in the United States.

Datuk Seri Najib Tun Razak, who is also Finance Minister I, said the core [...]

The government wants to continue giving 1Malaysia People’s Aid (BR1M) handouts to needy groups, said Deputy Finance Minister Datuk Ahmad Maslan.

He said the BR1M scheme can help local economies as the cash handouts are used to buy goods, benefiting sundry shops, pasar tani, night markets and shoppping centres.

“BR1M is not just a cash handout to [...]

Government urged to create special provisions in Budget 2014 to help the visually impaired self-reliance through business. President of the Malaysian Association for the Blind (MAB) Tan Sri Tengku Azlan Sultan Abu Bakar said many blind people have skills such as massage, however, is unable to continue business in the field on a consistent basis [...]

KUALA LUMPUR- A top economist and former DirectorGeneral of the Malaysian Industrial Development Authority has called for the lowering of the interest rate in the coming Budget 2014.

“Many experts in the corporate sector forecast that the interest rate will go up and Bank Negara will come to this to reduce debt in the country and [...]