News about B40

KUALA LUMPUR (Dec 19): The B40 residents of Sarawak can now buy homes in state government developments for RM120,000 or less, the Borneo Post reported Chief Minister Datuk Patinggi Abang Johari Tun Openg (pictured) saying yesterday.

KUALA LUMPUR (Nov 26): The government has instructed banks to automatically approve applications to freeze loan repayments by applicants in the bottom 40% income group (B40) as well as micro enterprises with debts of below RM150,000.

KUALA LUMPUR (Nov 24): MBSB Bank Bhd will be offering the B40/M40 Targeted Repayment Assistance for the bottom 40% and middle 40% income groups to further assist those adversely impacted by the Covid-19 pandemic.

KUALA LUMPUR (Nov 7): The Association of Banks in Malaysia (ABM) has announced that enhancements to the targeted repayment assistance will be available to B40 borrowers who are recipients of Bantuan Prihatin Rakyat (BPR) — previously known as Bantuan Sara Hidup (BSH) — as well as microenterprises.

PETALING JAYA (Nov 6): KGV International Property Consultant (Johor) executive director Samuel Tan (pictured) praised RM 1.

PETALING JAYA (Oct 31): The Affordable Housing Group Cameron Highlands (pictured) has called on the government to fund more affordable housing “as the last low-cost flats were built nearly 40 years ago” while the low-income groups “have been priced out of newer projects”, reported FMT today.

KUALA LUMPUR (Sept 10): While reiterating that no vacancy tax will be imposed, Minister of Housing and Local Government (KPKT) Zuraida Kamaruddin stressed that the government's priority will be to encourage home ownership among the B40 and M40 groups.

KUALA LUMPUR (June 19): The Malaysian Trades Union Congress (MTUC) is urging the government to immediately replace the Employees Provident Fund (EPF) i-Lestari withdrawal scheme with RM500 monthly cash aid for workers in the B40 income group, after it was revealed that some fund members had already exhausted their Account 2 after two months.

KUALA LUMPUR (March 27): Prime Minister Tan Sri Muhyiddin Yassin has announced one-off cash payout for the M40 and B40 groups totalling RM10 billion as part of a massive RM250 billion stimulus package to address the COVID-19 outbreak's impact on the economy.

PETALING JAYA (March 25): Malaysian non-governmental organisations (NGOs) have banded together to prepare free lunches for the B40 group who have been affected by the current Movement Control Order (MCO), the Malay Mail reported today.