The Inland Revenue Board (IRB) has warned the public against e-mail or SMS offering a 1Malaysia People’s Aid (BR1M) insurance service, saying it has not issued any such messages.

In a statement on Friday, the board noted that there had been numerous enquiries from people who had allegedly received such messages offering a BR1M insurance service [...]

The Prime Minister announced during the budget 2015 presentation that the rakyat will benefit from the increased revenue collection from GST as the government will increase BR1M payments to the lower income groups.

Datuk Seri Najib Tun Razak said for households with a monthly income of RM3,000 and below, the government will hand out RM950 from [...]

The government is looking at a new mechanism to maximise the impact of the Bantuan Raykat 1Malaysia (BR1M).

It includes a more evenly spread distribution, such as a monthly handout instead of a lump sum payment to recipients, said Finance Ministry Secretary-General Tan Sri Dr Mohd Irwan Serigar Abdullah.

“This will discourage people from spending the cash [...]

The government will ensure that the people’s income continues to rise in line with the movement in the cost of living, Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar told the Dewan Rakyat today.

He said the government would continue to implement pro-active measures to enable 28.7 per cent or two million households [...]

The 1Malaysia People’s Takaful Insurance Group (i-BR1M) has paid out RM20.37 million in claims involving 6,483 cases from January 1 to June 25 this year.

Deputy Finance Minister, Datuk Ahmad Maslan, said claims due to deaths from accidents involved 476 cases worth RM14.28 million.

“For normal deaths, i-BR1M has paid out RM6 million involving 6,004 cases. [...]

A total of 6.8 million applications for the 1Malaysia People’s Aid (BR1M) 2014 have been approved as at May 31, Deputy Finance Minister Datuk Ahmad Maslan said.

Of the total, he said 4.5 million were households recipients, while the remaining 2.3 million were unmarried recipients, involving a total allocation of RM3.6 billion.

“The number of recipients is [...]

Digital terrestrial TV (DTT) will reach 2 million BR1M recipients, who will get to enjoy high definition (HD) and local free-to-air (FTA) content with the distribution of set-top boxes after the project rolls out in Malaysia in January 2015.

“The set-top boxes will then be sold to subscribers of the free content television services, and may [...]

A 1Malaysia People’s Aid (BR1M) recipient yesterday claimed that he received only RM300 of the full RM650 cash aid.

Hafizam Harun,34, from Taman Seri Bayu, Sungai Petani, said he was shocked to find only RM300 in his bank account. The self-employed father of six, who received his BR1M aid in February, had lodged a complaint [...]

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 [...]

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, [...]

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