Posted by staphyloccocus > 2012-09-28 16:00 | Report Abuse

now just want started...

Posted by andyteng > 2012-09-28 16:02 | Report Abuse

will import car price reduce?sweet sweet sweet for medium level

Posted by cklim > 2012-09-28 16:18 | Report Abuse

See what method use for stop speculators goreng house price...

Posted by talk2pkc > 2012-09-28 16:23 | Report Abuse

If we help the less privilege then the "more" privilege will also gain too , meaning no spending no growth n that is what the REAL 1Malaysia theme is about but sadly so far "1Malaysia" theme is more like for "ONE Malaysian at any ONE Time only" !!!! You got it ..........

Posted by mrK0K3N > 2012-09-28 16:33 | Report Abuse

sudah kena ONE kali, mau kena lagi? huhu...

Posted by KC Loh > 2012-09-28 17:56 | Report Abuse

Br1m only starting next year. Looks like GE will be next year. After CNY I would guess

Posted by jacky187 > 2012-09-28 18:26 | Report Abuse

was there any topic/agenda on the country's debt level in the middle just now? I missed the middle part :(

Posted by Hong2 > 2012-09-28 19:05 | Report Abuse

So, what's the budget direction? I m blur leh.....

Posted by cklim > 2012-09-28 20:07 | Report Abuse

Following are 2013 Budget highlights tabled by Prime Minister Datuk Seri Najib Tun Tazak in Parliament today.

* Economic growth projected to expand 4.5 per cent to 5.5 per cent.

* Nominal GDP expected to surpass RM1 trillion.

* RM251.6 billion allocated for development programmes and projects, with the focus on people's well-being.

* Federal Government's revenue in 2013 is estimated to increase to RM208.6 billion.

* Private sector investment is to increase to RM148.4 billion.

* RM3 billion to implement Entry Point Projects

* RM1 billion for Domestic Investment Strategic Fund under Malaysian Investment Development Authority to leverage on outsourcing opportunities and intensify technology acquisition by Malaysia-owned companies

* RM1 billion SME Development Fund under SME Bank

* SME Bank and Islamic Development Bank (IDB) to provide RM200 million to Halal Industry Fund to finance working capital of participating SMEs

* RM16 million a year group insurance scheme for registered hawkers and small businesses for coverage of up to RM5,000

* Additional expenses incurred in issuance of retail bonds and retail sukuk to be given double deduction for a period of four years from year of assessment 2012 to 2015

* Individual investors given stamp duty exemption on instruments relating to transactions of retail bonds and retail sukuk

* Securities Commission to introduce Graduate Representative Programme in collaboration with private sector to train 1,000 graduates to meet needs of securities and derivatives industry

* Danajamin Nasional Bhd to get additional RM400 million for next two years, to multiply issuance value between RM4 billion and RM6 billion

* RM100 million to be provided to Capital Market Foundation through Capital Market Development Fund under the Securities Commission

* Income tax exemption for 10 years for Tun Razak Exchange-status companies, stamp duty exemption, industrial building allowance and accelerated capital allowance for TRX Marquee-status companies, and tax exemption for property developers

* Malaysian Wakaf Foundation, under Department of Awqaf, Zakat and Hajj, to formulate Corporate Wakaf master plan, taking into consideration State Islamic Religious Council legislative structure

* RM9 billion or 43 per cent of total infrastructure cost of MRT project allocated to Bumiputera companies

* SME Bank to provide RM1 billion to Bumiputera Financing Fund to assist local SMEs to finance acquisition of subsidiaries of Government-Linked Companies engaged in non-core activities

* Working Capital Guarantee Scheme for SMEs to be extended until December 2013 and to High-Performing Bumiiputera (TERAS) companies, and companies' shareholders fund eligibility is raised to RM20 million

* RM350 million allocation to Tabung Ekonomi Kumpulan Usaha Niaga (TEKUN) for small-scale entrepreneurs, including RM50 million to the Malaysian Indian community

* RM200 million for Intellectual Property Financing Scheme to be established through Malaysia Debt Ventures Bhd, to enable SMEs to expand by using intellectual property rights as a collateral to obtain financing. The government will provide a two per cent interest rate subsidy and guarantee of 50 per cent through Credit Guarantee Corporation Malaysia Bhd

* RM19 million allocation for training of local intellectual property rights evaluators conducted by Intellectual Property Corporation of Malaysia, as well as to create an intellectual property rights market platform

* A company which invests in a subsidiary company that undertakes commercialization of R&D findings to get a tax deduction equivalent to the total investment made in that subsidiary, and

* The subsidiary company that undertakes the commercialization of R&D findings to get income tax exemption of 100 per cent on the statutory income for a period of 10 years

* A tax deduction equivalent to the amount of investment made by an angelinvestor in a venture company to be allowed to be set off against all his income

* The Green Technology Financing Scheme fund to be increased by RM2 billion, and the application period extended for another three years until Dec 31, 2015

* The Government to ensure the Federal Government debt will not exceed 55 per cent of GDP and fiscal deficit continues to decline to three per cent by 2015

* Review of Malaysia's taxation system to continue, to ensure it better reflects the household's financial position and transition from income-based system to a more comprehensive and fair taxation system benefits the rakyat

* All procurement and purchases by government to be based on value-for-money principle -- Bernama


http://www.btimes.com.my/articles/20120928165747/Article/

Posted by talk2pkc > 2012-09-28 20:16 | Report Abuse

Is that strong enough for "1Malaysia" ( One Malaysian> ) to win next election ???