Sab, Feb

KUALA LUMPUR: In 2016, the 1Malaysia People's Aid (BR1M) assistance for households with monthly income of RM3,000 and below, will be increased from RM950 to RM1,000. 

Prime Minister Datuk Seri Najib Tun Razak, when tabling Budget 2016 at the Dewan Rakyat here today, said the BR1M assistance for households with monthly income between RM3,001 and RM4,000, would be raised from RM750 to RM800. 

Najib, who is also Finance Minister, said for single individuals aged 21 and above with monthly income not exceeding RM2,000, the assistance would be increased from RM350 to RM400. 

He said a new category would also be introduced for all participants in the e-Kasih database, with monthly income below RM1,000, who would now receive BR1M of RM1,050, while the Bereavement Scheme of RM1,000 would be continued. 

"In aggregate, BR1M assistance is expected to benefit 4.7 million households and 2.7 million single individuals with an allocation of RM5.9 billion," he said. 

Najib said the BR1M would be continued to fulfill the pledge of reducing the cost of living of the people. 

"I know that there are parties who feel that BR1M should not be continued.

However, from feedback that I have received

PETALING JAYA: The Government will spend RM4.6bil on fresh vaccines, consumables, and medicines for public hospitals in its efforts to boost the quality of healthcare in 2016.

Prime Minister Datuk Seri Najib Tun Razak said 33 new 1Malaysia clinics would be built nationwide, while Pasir Gudang, Kemaman, Pendang, Cyberjaya, and Maran would get a new hospital each.

“Naturally, which country would not want the best quality in health services? This has always been championed by the Barisan

PETALING JAYA: Changes to income tax rates and various exemptions were announced by Prime Minister Datuk Seri Najib Tun Razak during the presentation of Budget 2016.

Najib, who is also Finance Minister, announced in the Dewan Rakyat on Friday an increase in the tax rate to 26% from 25% for Malaysians who earn between RM600,000 and RM1mil.

Those who earn above RM1mil will have the highest tax rate raised to 28% from 25%.

In line with promoting higher education, Najib said that the maximum tax

KUALA LUMPUR - The economic, financial and fiscal reforms undertaken over the years have strengthened the domestic economy's resilience to weather shocks, said Prime Minister Datuk Seri Najib Tun Razak.

Najib, who is also Finance Minister, said the economy has diversified from being predominantly commodity-based to also being driven by manufacturing and services.

"While the external sector remains important, growth is increasingly driven by domestic demand. The nation's macroeconomic

PETALING JAYA: Goods and Services Tax (GST) relief, tax breaks for spouses, parents and caregivers, education development, healthcare and infrastructure development, and infrastructure development initiatives for Sabah and Sarawak - these are the highlights of Prime Minister Datuk Seri Najib Tun Razak's Budget 2016.

Najib, who presented his budget speech before the Dewan Rakyat Friday afternoon, first shook Parliament when he announced that certain items would be GST-free from Jan 1

KUALA LUMPUR: The 2016 Budget will allocate a total of  RM265.2b to support Development Expenditure and Operating Expenditure

Of this amount RM215 billion is for Operating Expenditure while RM49 billion for Development Expenditure.

Emolument make up the bulk of the country's Operating Expenditure in 2016 with a share of 26.6 percent.

While the biggest portion of the country's Development Expenditure goes to economic programmes at 11.4 percent.

For 2016, the government remains committed to

KUALA LUMPUR - 1MDB has been made aware of an article, dated 10 October 2015, that has been published in the Sarawak Report, an online blog currently banned in Malaysia. This article has published selectively extracted materials and contains serious and unfounded allegations, in a clear attempt to manipulate readers with respect to events that have previously taken place at 1MDB.
1. 1MDB-Petrosaudi
The fund units, owned by 1MDB subsidiary Brazen Sky Limited, were originally valued at

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