This will benefit 85% of the population.
An increase from Budget 2024’s RM393.8 billion.
It is reported that Malaysia’s tech industry could reach USD 622.4 billion (RM2.94 trillion) by 2030.
Currently, Malaysia’s minimum wage is RM1,500 per month. Anwar wants this raised before the country even considers bringing back GST.
“Government policies only become official if they are presented in parliament, and so far, there has been no discussion regarding inheritance tax.”
This achievement could come sooner if Ringgit remains strong.
This tax, last seen in Malaysia in 1991, could burden SMEs and limit wealth growth.
Each tax targets obesity, climate change, wealth inequality, and economic growth, especially in tech.
A red flag raised.
188,750 Malaysian tourists visited Indonesia in August 2024.
Both exams were abolished in 2022.
Lee’s current net worth is US$2.8 billion (RM12.1 billion).
“Malaysia might look good, but actually, it’s still a third-world country.”