[FREE] The mean monthly household income for Malaysians, it increased 10.3 percent per annum to RM6,141 in 2014 from RM5,000 in 2012. Median monthly income rises to RM4,585 in 2014www.malaysiakini.comFREE KL recorded the highest median monthly household income of RM7,620. Malaysiakini’s Facebo …
Read More »'2020: High income nation with shrinking wage share?' – Group points out by Pema…
'2020: High income nation with shrinking wage share?' – Group points out by Pemandu's own figures, share of wages in economy will shrink to 21pct in 2020. http://owl.li/2XeIhu '2020: High income nation with shrinking wage share?'www.malaysiakini.comGroup points out by …
Read More »"For the high income people, they are already paying low income taxes but we are…
"For the high income people, they are already paying low income taxes but we are forcing the people at the bottom who do not earn that much and do not qualify to pay income tax to now pay GST." http://ow.ly/L9voz Gov’t used pre-tax figure to gloat on equalitywww.malaysiakini.comUnlike Raza …
Read More »#PARLIAMENT Malaysia has lower levels of income inequality than other Asian coun…
#PARLIAMENT Malaysia has lower levels of income inequality than other Asian countries such as Japan, China and Singapore, according to Deputy Minister in the Prime Minister's Department Razali Ibrahim. Full story: http://www.malaysiakini.com/news/293788 Malaysia income gap lower than Singapore, …
Read More »Quote of the day: "I don't think about the loss of income much because you need…
Quote of the day: "I don't think about the loss of income much because you need to look forward and not sulk over what you leave behind." – Rafizi Ramli, Pandan MP. Read more here: http://www.malaysiakini.com/news/291527 Malaysiakini’s Facebook Wall
Read More »General : Fishermen Lose Income Due To Unfavourable Conditions
DUNGUN, Dec 22 (Bernama) — Rough seas, strong winds of 60 kilometres per hour and waves of up to 5.5 metres high has brought hard times for fishermen here as they are unable to go out fishing. A survey at Kampung Balik Bukit found that more than 50 fishermen have docked and brought their boats …
Read More »According to Shahril Ridza Ridzuan, EPF’s CEO, 3Q14 investment income was driven…
According to Shahril Ridza Ridzuan, EPF’s CEO, 3Q14 investment income was driven mainly by equity investments that contributed 61% to total investment income recording RM6.3 billion. EPF posts RM10.3 bil investment income in 3Q14www.kinibiz.comThe Employees Provident Fund (EPF) has announced investm …
Read More »Sarawak reduces electricity tariffs Effective next year, 130,000 low income cus…
Sarawak reduces electricity tariffs Effective next year, 130,000 low income customers to get a zero monthly bill, said CM Adenan Satem. Sarawak reduces electricity tariffs
Read More »'Disparities will not make us high income nation' Many still struggling to own…
'Disparities will not make us high income nation' Many still struggling to own housing, says ex-minister Diam Zainuddin. 'Disparities will not make us high income nation'
Read More »Video | KiniTV: Malaysia’s aim of becoming a high income nation will be meaningl…
Video | KiniTV: Malaysia’s aim of becoming a high income nation will be meaningless if high levels of income disparity persist said former finance minister Daim Zainuddin. 'Meaningless to be high income nation with income disparity'www.kinitv.comKiniNews: Malaysia’s aim of becoming a high …
Read More »Business : Najib: eRezeki Project To Connect Malaysians At Bottom 40 Per Cent Of Income Pyramid
PUTRAJAYA, Oct 23 (Bernama) — Prime Minister Datuk Seri Najib Tun Razak on Thursday announced the eRezeki project to connect Malaysians at the bottom 40 per cent of the income pyramid (B40) with domestic and global digital income. “eRezeki will be rolled out across multiple Digital Work …
Read More »Josh Hong | Income disparity Internationally, Malaysia is widely regarded as a…
Josh Hong | Income disparity Internationally, Malaysia is widely regarded as a model in terms of addressing the issue of social exclusion. Olivier de Schutter, UN Special Rapporteur on the Right to Food, for instance observes that the incidence of aggregate Malaysian poverty was reduced from 8.9 per …
Read More »Budget 2015 has reinforced the middle income squeeze as it emphasises the fact t…
Budget 2015 has reinforced the middle income squeeze as it emphasises the fact that such households will bear the brunt of the goods and services tax (GST), a state-owned think tank said. Penang Institute said that this is as yet again, households earning between RM55,000 to RM100,000 are deemed too …
Read More »The Income Tax Act does not bar the government from revealing the total amount o…
The Income Tax Act does not bar the government from revealing the total amount of income taxes collectively paid by the richest people in Malaysia, Kelana Jaya MP Wong Chen said. This is in contradiction of what Deputy Finance Minister Ahmad Maslan said, when replying to a question by Opposition Lea …
Read More »General : GST Will Increase Government’s Income For People
KUALA LUMPUR, Oct 3 (Bernama) — The goods and services tax (GST) will boost the country’s income which in turn will translate into additional public funds towards the people’s benefit. Royal Malaysian Customs, GST director Datuk Subromaniam Tholasy said through the revenue from GST …
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