LIVE: Next Visit Malaysia Year to 2026

FMT ReportersPETALING JAYA: Prime minister and finance minister Anwar Ibrahim has tabled the 2024 federal government budget, with a total allocation of RM393.8 billion.Operational expenditure accounts for RM303.6 billion or 77%, with RM90.1 billion allocated for development expenditure.RM20 million for Think CIty to preserve Kuala Lumpur’s cultural heritage.

RM350 million to support efforts to promote Malaysia as a top tourism destination. This includes the Visit Malaysia 2026 programme, aid for cultural performances, matching grants for charter flights and to support Islamic tourism. HRD Corp to use 15% of levies collected for retraining and reskilling of entrepreneurs, ex-convicts, the disabled, senior citizens and retirees.RM40 million for Shop Malaysia Online programme.RM100 million to support digitalisation efforts of 20,000 SMEs.RM100 million for Amanah Ikhtiar Malaysia to eradicate poverty.

GLCs and GLICs to allocate RM1.5 billion to support startups involved in high growth, high value areas.Miti and MIDA to improve ease of doing business.Special tax incentives for investments in Pengerang Integrated Petroleum Complex . RM30 million for district engineers for minor repairs and maintenance of federal roads. Each engineer will be allocated RM200,000.RM150 million to maintain and repair public toilets nationwide.Government to improve stamp duty collection, strengthen tax administration, widen social protection coverage, and restructure development financial institutions .Government Procurement Act to be tabled next year.RM10 million for MyCC and domestic trade and cost of living ministry to fight profiteering.

Putrajaya will enact a law to facilitate the collection of a 5% to 10% luxury tax. It will not apply to foreign tourists.

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

6 Must-Visit Activities & Attractions In Osaka For Your Next Trip To JapanCalling all Super Mario and Harry Potter fans!
Source: saysdotcom - 🏆 9. / 63 Read more »

Thai PM concludes working visit to MalaysiaThe Special Administrative Region’s affluent become Hong Kong dollar millionaires at the age of 33 on average and are expected to build HK$10mil in liquid assets by an average age of 62, the latest HSBC Premier 2023 Affluent Survey finds.
Source: staronline - 🏆 4. / 75 Read more »

TCL Malaysia reveals new smart TV lineup in Malaysia with prices starting from RM 3,299 - SoyaCincauTCL Malaysia new smart TV range comes in multiple sizes and configurations, going all the way to 98 inches and offers technologies such as Google TV, AMD Freesync, Quantum Dot and Mini LED backlighting technology
Source: Soya_Cincau - 🏆 16. / 55 Read more »

Bursa Malaysia, Westports, OCBC Malaysia inks MoUPETALING JAYA: Bursa Malaysia Bhd signed a memorandum of collaboration (MoC) with Westports Holdings Bhd and OCBC Bank (Malaysia) Bhd, making them the...
Source: theSundaily - 🏆 25. / 51 Read more »

TCL Malaysia reveals new smart TV lineup in Malaysia with prices starting from RM 3,299TCL Malaysia new smart TV range comes in multiple sizes and configurations, going all the way to 98 inches and offers technologies such as Google TV, AMD Freesync, Quantum Dot and Mini LED backlighting technology
Source: Soya_Cincau - 🏆 16. / 55 Read more »

Goldman Sachs vs Malaysia: Govt to respond accordingly, safeguard Malaysia's interest, says Johari GhaniIPOH: A 41-year-old woman with a 'Datuk' title has been charged with stealing two luxury watches from a house in Pinggiran Rapat Ria here.
Source: staronline - 🏆 4. / 75 Read more »