FLASH: For the year 2020, Sabah and Sarawak remained the state that received the highest development expenditure
In the year 2018, Sabah and Sarawak were the highest recipients of the federal government grant of RM 1.
In the year 2018, Sabah and Sarawak were the highest recipients of the federal government grant of RM 1.
The total Budget 2020 size is RM297.
The Government also wanted to strengthen the trade relationship with Thailand through the development of logistic hubs in the Special Border Economic Zone (SBEZ) of the Kota Perdana in Bukit Kayu Hitam of 100 acres.
The Government is implementing feasibility studies for the development of Carey Island for its next growth phase to make port Klang the Regional Maritime Center and cargo logistic hub.
PETALING JAYA (Oct 10): The government is anticipated to ink the development agreement for the long-held up controversial Penang tunnel project tomorrow morning just before the Budget 2020 tabling, sources said.
PETALING JAYA (Sept 26): The Real Estate and Housing Developers' Association Malaysia (Rehda) is cautiously optimistic about the market outlook for the next 12 months and looks forward to an expansionary Budget 2020 which will be tabled on Oct 11, 2019.
KUALA LUMPUR (Sept 25): UOB Group anticipates Bank Negara Malaysia (BNM) to remain patient before making further interest rate adjustments as the nation's Budget 2020, which is expected to include expansionary measures to support the economy, will lighten the pressure on BNM to pursue another rate cut in 2019.
KUALA LUMPUR (Sept 25): Hong Leong Investment Bank Bhd says Malaysia's Budget 2020 may include a RM4 billion contingency plan to cushion the nation's economic growth from the prolonged US-China trade tension.
KAJANG (Sept 23): Putrajaya is mulling a homeownership scheme for those who have problems securing a home loan in the upcoming Budget 2020, said Deputy Finance Minister Datuk Wira Amiruddin Hamzah.
KUALA LUMPUR (Sept 17): RHB Research Institute Sdn Bhd said the government is unlikely to introduce new tax measures for Budget 2020.