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Friday, October 15

Malaysia : Budget 2011


Source of this mostly came from TheStar's Twitter (which I received live and make my Twitter page crazy with new tweets)

A new landmark, Warisan Merdeka, expected to be completed in 2020, will include a 100-storey tower, the tallest in Malaysia

I'll be over 30 years old when that building completed and would point back and said, "Wow, finally completed! The building PM said in 2010!" Can't wait! Can't wait!

The Govt will provide Entrepreneurship Enhancement Training Programme to train 500 technopreneurs and attract more investors

Want to know more about this.

Existing income tax relief of up to RM6k for employees contributions to EPF will extend to Private Pension Fund contributions.

Civil servants burden in coping with schooling expenses to be reduced by providing a Special Financial Assistance of RM500

The Government will allocate RM146mil to support the oil, gas and energy industry.

Does this mean fuel price will drop *cross fingers*

Govt will allow flexibility to self-determine fully-paid maternity leave, not exceeding 90 days from the current 60 days.

First-time house buyers to get 50% stamp duty exemption on instruments of transfer on a house price not exceeding RM350,000.

Effective January 2011, the monthly allowance of Imam will be increased from RM450 to RM750.

Toll rates in four highways owned by PLUS Expressway Berhad will not be raised for the next five years, effective immediately

More here or the Malay version, here.


Image : aabpa

3 comments:

Anonymous said...

Hey,

This is a message for the webmaster/admin here at www.blogger.com.

Can I use part of the information from this blog post right above if I give a backlink back to your website?

Thanks,
Oliver

Prinzcy Syida said...

sure

Prinzcy Syida said...

but i don't own blogger.com. don't you know that???