BR1M

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BR1M is stop-gap measure for poverty eradication, minister says

BR1M is stop-gap measure for poverty eradication, minister says

The 1Malaysia People’s Aid (BR1M) is not a long-term solution to eradicate poverty, said Deputy Finance Minister Datuk Ahmad Maslan. He said instead, the lower income group, especially the Malays, should venture into business by seizing initiatives, funds and entrepreneurial assistance provided by the government to improve their livelihood. “People in the lower income group should not rely on ... Read more  >

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Subsidy Rationalisation To Continue For People’s Well-being

Subsidy Rationalisation To Continue For People’s Well-being

Gains from the ongoing subsidy rationalisation will be channelled for national development to improve the well-being and quality of life of the people, Prime Minister Datuk Seri Najib Tun Razak said Tuesday. They would also be utilised for supplementary projects, particularly in Sabah and Sarawak, he told the Dewan Rakyat. “When the revenue base expands, many projects, including infrastructu... Read more  >

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6.48 million receives BR1M, involving RM3.37 billion allocation

6.48 million receives BR1M, involving RM3.37 billion allocation

A total of 6.48 million individuals have received the 1Malaysia People’s Aid (BR1M) this year involving an allocation of RM3.37 billion. Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said 57 per cent or 3.68 million received through credit transfer to their respective bank accounts. For 2.80 million recipients, or 43 percent of those who did not submit their bank account numbers, ... Read more  >

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New BR1M mechanism will stretch ringgit for recipients – Ahmad Husni

New BR1M mechanism will stretch ringgit for recipients – Ahmad Husni

Second Finance minister Datuk Seri Ahmad Husni Hanadzlah said the government planned to enhance the 1Malaysia People’s Aid (BR1M) disbursement mechanism to ‘stretch the ringgit’ for recipients. “The proposal has been submitted to the cabinet. We have not received any decision yet. Very likely we will move to the new system but it can only be done upon the cabinet’s approval,” he told r... Read more  >

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‘I do not need BR1M anymore’ say 17,000 potential recipients

‘I do not need BR1M anymore’ say 17,000 potential recipients

Some 17,000 recipients of 1Malaysia People’s Aid (BR1M) last year have taken the initiative to inform the Government that they no longer need it. Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said this showed a high level of maturity among the people of this country. “They send us letters to say that their families do not need BR1M. While most of them were in the list of rec... Read more  >

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333,915 BR1M Recipients In Penang

333,915 BR1M Recipients In Penang

A total of 333,915 people would receive the 1Malaysia People’s Aid (BR1M) in Penang from this Feb 23, said Penang Information Department director Ishak Abdullah. He said 160,336 recipients who did not possess a bank account would receive the aid in stages from Feb 23, followed by March 2, 8 and 9. “Aid for another 173,579 recipients will be credited directly to their bank account, with... Read more  >

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Traders Told Not To Take Advantage Of BR1M 3.0 Disbursement

Traders Told Not To Take Advantage Of BR1M 3.0 Disbursement

Traders have been reminded not to take advantage of the disbursement of the 1Malaysia People’s Aid (BR1M) 3.0 at the parliamentary and state constituency levels starting Feb 22 and 23 by raising prices of goods. Deputy Domestic Trade, Cooperatives and Consumerism Minister Datuk Ahmad Bashah Md Hanipah said the ministry would be monitoring the situation and take errant traders to task as such... Read more  >

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Two Million BR1M Recipients Will Get Vouchers From Feb 23

Two Million BR1M Recipients Will Get Vouchers From Feb 23

Two million recipients of 1Malaysia People’s Aid (BR1M 2014) who do not have bank accounts will get vouchers in phases starting Feb 23. Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said distribution of the vouchers would be done by leaders in the parliamentary constituencies. “The distribution of vouchers to recipients without bank accounts will take time as it involves a l... Read more  >

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PM : Latest edition of BR1M, to be launched Feb 22

PM : Latest edition of BR1M, to be launched Feb 22

The latest edition of the 1Malaysia People’s Aid (BR1M), which will be raised to RM700, will be launched this Feb 22. Prime Minister Datuk Seri Najib Razak said under the BR1M 3.0, the total will include RM650 in cash aid per household, and a RM50 insurance coverage contribution for all recipients. “We are aware that many people are struggling with rising costs, and we are doing all we... Read more  >

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BR1M 3.0 payment in mid-February: Najib

BR1M 3.0 payment in mid-February: Najib

The 1Malaysia People’s Aid (BR1M) 3.0 will be distributed to 7.9 million eligible Malaysians in the middle of February. Prime Minister Datuk Seri Najib Abdul Razak (pix) said the distribution of BR1M 3.0 would lighten the burden of the people who are facing rising prices of goods at the moment. “The Umno Supreme Council (MT) was told that BR1M 3.0 payment would be done in two weeks tim... Read more  >

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