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9.6 Million People To Benefit From Bantuan Keluarga Malaysia

Out of 9.6 million recipients, four million are households with one or two children with an income of less than RM2,500. They will receive RM1,500 and childless households will receive RM1,000 in aid.

Budget 2022 Well Balanced: LBS

The extension of personal income tax relief of up to RM1,000 for domestic tourism expenses up to the year of assessment 2022 is beneficial to encourage tourism within Malaysia.

Economic Recovery Salient: Economist

Debt sustainability can only be achieved when our economic growth is sustained and exceeds the government’s fiscal borrowing, she says.

“Cukai Makmur” To Generate RM9.5 Billion: Analysts

"The prosperity tax came as a negative surprise and the market would likely react adversely to this massive but one-off tax."

Hummel Enters SEA Via ZALORA’s 1SS

ZALORA, part of Global Fashion Group (GFG) has officially been appointed by hummel, a Danish sport style brand founded in 1923, to support its operations in the Southeast Asia market as its exclusive supply chain solution provider via One Stock Solution (1SS), a modular multi-channel E-commerce fulfillment service by ZALORA. 

Futurise To Further Invigorate Malaysia’s Innovative Landscape

Futurise Sdn Bhd welcomes the call to further boost the country’s innovation landscape, following the announcement by YB Senator Tengku Datuk Seri Utama Zafrul bin Tengku Abdul Aziz, Minister of Finance at the Budget 2022 tabling in Parliament yesterday. 

Democratizing Access To Efficient Growth Marketing Using AI

Moreover, recent engagement patterns in online consumer behaviour show that video is the fastest-growing ad format, accounting for 35% of all digital ad spend with yearly volume growth of nearly 30% YoY ($60 billion total). However, it is also the most expensive and time-consuming media to create.

Deteriorating Global Climate Crisis

By Taj M Khattak, UK will host the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow to bring parties together to accelerate...

Enhancing The Future Of Malaysia’s Customer Service With AI And Automation

Throughout the pandemic, one of the hardest-hit areas of business has been the contact center. Starting with the sudden, wholesale shift from brick-and-mortar to a work-from-home model, contact centers and agents were faced with enormous challenges to maintaining operations—all while being inundated with calls, texts, chats, emails, and even video interactions. The result was far from stellar for most consumer brands, with many experiencing drops in customer satisfaction.

Lenovo Empowers Local Communities Through CSR

Lenovo Malaysia announced its recent CSR initiatives to support the local communities amidst the ongoing pandemic. Lenovo’s latest CSR response focused on giving students support through education technology workshops and donation of medical supplies for the frontliners. 

The Renaissance Of The User Car Industry In The Post-Pandemic

By, Jeffrey Ong, CEO of myTukar The used car marketplace, like most other industries globally, was severely impacted as a result of the ongoing COVID-19...

How to Minimize Investments and Maximise Returns In Going Global

As the cloud is so all-encompassing, different decision-makers tend to have different concepts and criteria when it comes to the ideal cloud approach for their business. 

Real Property Gains Tax Is No More

Regarding the disposition of properties in five years or fewer, Malaysians and permanent residents are currently required to pay a 30% tax on any profit made from the sale of properties held for less than three years.

Budget 2022: ‘3M’ Of Recovery, Building Resilience, And Stimulating Growth

Budget 2022 to focus on ‘3M’ of recovery, building resilience and stimulating growth post Covid-19 Close to a million SMEs account for 98.5 percent of...

RM14.2 Billion For SMEs

For companies that are viable but affected by the COVID-19 pandemic get an injection of additional funds through a Government-owned SPV in the form of equity instruments

RM52.6 Billion For Ministry Of Education

For the year 2022, the Government has agreed to provide Early Schooling Assistance of 150 ringgit, an increase from 100 ringgit. A total of 450 million ringgit is allocated which is expected to benefit 3 million eligible students.

RM32.4 Billion For Ministry of Health

"Our war with the COVID-19 pandemic is not over yet. Therefore, an additional 4 billion ringgit is provided specifically to continue the agenda to address COVID-19 which includes 2 billion ringgit to fund vaccination programs," he says.

RM332.1 Billion Budget 2022, Revenue RM234 Billion

Three-quarters of its revenue is expected to come from tax revenue worth RM171.3 billion, or 73.2 per cent of the total estimated revenue.

MATRADE Promotes Malaysia’s E&E To China

The objective of the online event was to promote deeper Malaysia-China trade and investment collaboration in the E&E sector. 

AirAsia Foresees Strong Revival for Airline Business

The upcoming year-end holiday season, are expected to further stimulate a boost in key operating metrics in the last quarter of this year, says the airline.

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