Malaysia's Subsidies: Saving or Sinking the Economy?

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Behind Asia

Behind Asia

Күн бұрын

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@BehindAsia
@BehindAsia 8 күн бұрын
Do you think Malaysia should continue giving out subsidies, or reduce it?
@Khairulzaman96
@Khairulzaman96 8 күн бұрын
Indeed give subsidies for poor especiaally b40 & m40
@user-tl9wv6wu9h
@user-tl9wv6wu9h 8 күн бұрын
Targeted subsidies : lower & middle income status.
@chanhou964
@chanhou964 8 күн бұрын
As shown in 5:04, the most pressing issue supposedly is to reduce Emoluments (25.2%) category.
@WINTERMOON-pwepwe
@WINTERMOON-pwepwe 8 күн бұрын
​@chanhou964 Malaysia need DODGE 😂
@hafizulasyraf5670
@hafizulasyraf5670 8 күн бұрын
Continue subsidies, some report do not show true what people face on the ground. please come to the ground and interview people than you know why Malaysian really need subsidies. Report do not 100% correct.
@eibenstr3
@eibenstr3 8 күн бұрын
I would add one point. the subsidies are so engrained where the public take it for granted as their right that it becomes a political issue whenever any rationalisation is proposed. anwar is taking some steps in the right direction but political considerations constantly cloud decisions. bear in mind he is leading a coalition formed from a marriage of convenience which could falter should public anger boils over.
@captainmee3469
@captainmee3469 8 күн бұрын
i would disagree .... do every people have same salary ? see Philipiness... do philipiness have subsidy ?
@TingTong2568
@TingTong2568 8 күн бұрын
@@captainmee3469 salaries are depended on the professions
@chanhou964
@chanhou964 7 күн бұрын
@@eibenstr3 If you study the graph more, you will come to a conclusion that subsidy standing at 12.5% is not the most pressing issue when we compare the government emoluments (standing at 25%). Malaysia true problem is having a bloated civil servants when we compare the ratio of civil servants to citizens and also their productivity. Does Anwar have the guts to address this issue?
@timhean
@timhean 6 күн бұрын
@@captainmee3469subsidies for all, or subsidies for none. I do agree lower class needs a bit of a lift to help them get them to where we want our middle-middle higher income economy which is what our government wants to be by 2030. With how inflation is eating away us, and how our Ringgit hasn’t been strengthening until last quarter, Malaysia has a bleak future till we remove unnecessary stress in the economy, but subsidies are still needed for the everyday Malaysian (B40, M40) to be on at least a perceived level playing field with the U20. That said, I fully support removing Bumi subsidies because it doesn’t make sense that everyone of us are “Malaysians” but some Malaysians are better than others. Unless you are in financial need, your loans and house purchasing rights should be on a level playing field, but that’s too political of an opinion apparently. Also Philippines is not a good example of an economic model which we should look at, because it’s an authoritarian state farcading as a democracy. Capitalist conglomerates run the entire nation and I wouldn’t want to see that in Malaysia. I say this coming from an upper middle lower income Malaysian living in Australia earning a decent salary, and I date a very Filipino girl and she can only have the lifestyle they have because of the rampant corruption in their country.
@ariffazim4430
@ariffazim4430 2 күн бұрын
@@chanhou964 pmx dah tukar la kan semua penjawat awam yang baru guna kwsp, dah xde pencen. utk yang sedia ada mmg takleh buat apa la.
@Ananda2973
@Ananda2973 7 күн бұрын
You won't need subsidies if your economy is well managed that the people has better purchasing power, and education on managing finances.
@DarthSidious9096
@DarthSidious9096 8 күн бұрын
Problem with Malaysia is that most citizen cannot see things in the long term. A large portion of the working class do not pay taxes due to low income but are so entitled that they demand more subsidies. And the middle and high income earners need to pay taxes to fund the subsidies for these entitled fools.
@John-Jenin
@John-Jenin 8 күн бұрын
Bullcrap.. in Malaysia everyone pay taxes
@salvation88
@salvation88 8 күн бұрын
Bukan warganegara nak komen si terpaling warganegara bayar cukai 😏
@salvation88
@salvation88 8 күн бұрын
Ntah ntah cakap bahasa kebangsaan Malaysia pun tergagap gagap slang cinis nya 😢
@TingTong2568
@TingTong2568 8 күн бұрын
@@John-Jenin wrong. Not all Malaysians pay taxes
@Epic-1224
@Epic-1224 7 күн бұрын
Oh no...., those poor rich people😢
@LindaPotter-w5u
@LindaPotter-w5u 7 күн бұрын
I'm glad you made this video it reminds me of my transformation from a nobody to good home, $34k monthly and a good daughter full of love
@JeffKinkade-q4m
@JeffKinkade-q4m 7 күн бұрын
Do you invest with a professional broker? I would appreciate it if you could show me how to go about it.
@LindaPotter-w5u
@LindaPotter-w5u 7 күн бұрын
Thanks to Mrs. Elizabeth Regina Nelsen's time in my life, which had a profound impact on me.
@BernardMcCain-c3w
@BernardMcCain-c3w 7 күн бұрын
Wow! Kind of in shock you mentioned expert, Elizabeth Regina Nelsen. What a coincidence!!
@RuiFernandes-s1z
@RuiFernandes-s1z 7 күн бұрын
Life is easier when the cash keeps popping in, thanks to Elizabeth Regina Nelsen's services. Glad she's getting the recognition she deserves
@CurtisMitchell-o7z
@CurtisMitchell-o7z 7 күн бұрын
I used to work 3 jobs, full time at Walmart, a server at night and Lyft on the weekend, untill elizabeth regina nelsen change my story.
@corptaxmyautotalk8832
@corptaxmyautotalk8832 6 күн бұрын
That fuel subsidy is not just a social aid, it is also a tool to support the local automotive industry. That is why we have very high car ownership in this region. Pulling this subsidy may reduce car usage and the rippling effect is not just the automotive industry but also toll collection, car insurance, car repair ... many sectors will be impacted.
@akasiakasya6351
@akasiakasya6351 8 күн бұрын
I am Malay, I go through the systems we are from poor family in Kampung Kelantan and now my siblings and I are all have high education and working in MnC earnings more then the medium income but looking back yess many locals do take it for granted, I believe even if the Govt reduce subsidies & increase tax properly and with strategic steps, people will able to adapt, people are resourceful, mostly are educated, suffers a bit for a better future, if the reductions will bring more economic opportunities and healthy market, a risk must be take, we can't satisfy everyone
@wk9378
@wk9378 7 күн бұрын
Also restricted use of tax dollars. Plus duo "tax" system.
@hasnulroslani
@hasnulroslani 7 күн бұрын
No we wont. Stop dreaming. Even raising ron95 by 10 cent people will be furious. We are sooo engrained in these subsidies. I bet increasing medical fees to rm10 instead of rm1 will make a lot of people furious.
@ignatiusryd2031
@ignatiusryd2031 7 күн бұрын
The strategy of reducing subsidies gradually and increasing tax revenues would same like copying Indonesia's strategy. The question is, would malaysian govt willing to take that risk even it would means most people would initially angry since it would also means painful inflations, the reduction of household consumptions etc that in malaysians mindset may devalue MYR against another currencies in SEA region and against USD?? Mind you, many malaysians untill today still spooked like crazy when they finds out what Indonesians must endure when their govt gradually reduce subsidies and increasing tax revenues since 1998 by saying it was the main factors that devalues IDR exchange rate against other currencies to the current rate.
@PlanetXenornoph
@PlanetXenornoph 7 күн бұрын
​@@ignatiusryd2031Why always compare with Indonesia, try compare with Zimbabwe lah
@ignatiusryd2031
@ignatiusryd2031 6 күн бұрын
@@PlanetXenornoph Look at the closest neighbour in SEA region and you would see that the OP idea is literally what Indonesia do in a nutshell. Reducing the subsidies that can be easily abused by the rich but also raise the taxes to boost their budget on things their country were focused on such as rapid infra developments all over the place.
@ghostJammerz
@ghostJammerz 7 күн бұрын
As a Malaysian, I think there are some parts of the subsidies is too much, especially in supporting the B40 class. That makes the B40 class become less hardworking to improve their living condition. While the middle class are actually struggling. Gov should better invest billions to support Malaysian improve their financial. Every year billions in subsidies, ridiculous! Mana yg tau, tau la. B40 tapi boleh pula pakai iphone paling latest. Aku pula selagi phone tak rosak, tak tukar.. mindset B40 kena tukar
@tellitlikeitis5856
@tellitlikeitis5856 6 күн бұрын
The b40 program is a joke these people are really poor and shunned from the society they are bred by people who should never breed are unfit low quality the b40 assistance is very little and very unsteady it's not even given on a monthly basis what a joke and the middle class never have to worry about eating shut your mouth
@suzanis
@suzanis 6 күн бұрын
Agree, middle income like us are being 'pressed' left and right. We are too 'rich' for subsidies and yet we are the ones that are being impacted by increase in taxes and abolishment of subsidies like fuel, education & medical. Only those that really need help should be given subsidies and not the other B40s who demand subsidies but they themselves have never declared their taxes or even pay their zakats. These are the same people that queue up to buy gold or the latest iphones after they get their 'subsidies'.
@tellitlikeitis5856
@tellitlikeitis5856 6 күн бұрын
@suzanis please provide evidence to support your statement you sound like a disgruntled Chinese you can always leave for communist china today
@Edmond-l1n
@Edmond-l1n 6 күн бұрын
All this group was created by politicians to divide and rule it's people based on economic differences...yes some having cukup sifat and otak to work ..but the help given like they are totally tak boleh kerja....I've been traveling around the world during my work times..Malaysia is the only country to suap it's citizen and fake citizen (project IC)....
@ALong-fo5so
@ALong-fo5so 8 күн бұрын
The long run objective should be to rid of these ‘crutches’. We cannot go on relying on these subsidies.
@melvinemmanuelchan4593
@melvinemmanuelchan4593 7 күн бұрын
I'm glad the government of Singapore only provides essential subsidies, such as healthcare and education. The investment in education has paid off, and educated Singaporeans can make ends meet without subsidies...
@striker7469
@striker7469 8 күн бұрын
No more subsidi. No more free money. Yes gst. Yes annual salary increase.
@Carlito465
@Carlito465 8 күн бұрын
We got subsidies, but our people keep selling back to thai for money, palm oil and petrol, before this they used to sell diesel petrol
@rinomedingin6390
@rinomedingin6390 7 күн бұрын
Even egg bhahahahh bhahahahh bhahahahh
@striker7469
@striker7469 7 күн бұрын
@rinomedingin6390 Of course. Things always get ugly at first but it will get gradually okay if the solution is promising. Look Singapore.
@Malaysian07091
@Malaysian07091 6 күн бұрын
Yes, this is the best solution to make the Malaysia market fully free from Government control.
@sharonwong8280
@sharonwong8280 7 күн бұрын
Malaysia has an entrenched subsidy culture. What it is based on (aside from the legitimate social contract of helping and lessening the burden of the population), lies a political strategy. To me, much of our very generous but unsustainable subsidies, is to assuage the B40 population, largely made up of poor Malays in exchange for their votes. This borders on the illegitimate especially as the government overtly creates easy pathways for Malays/Bumiputras to jump queues and have special privileges in terms of education/university places; govt. projects; discounts on purchasing homes. I would like to call this a "subsidy" - that is, a race-based subsidy that eases their burden that is not open to any others EXCEPT the Bumiputras. This is painfully short-sighted that ultimately, handicaps the very people that needs to be lifted up. I love Malaysia. It troubles me that as a country, we are forever stuck with a majority population of Malays who are used to this steady diet of handouts and privileges. They deserve better.
@MuhammadAhmad-db6sf
@MuhammadAhmad-db6sf 8 күн бұрын
Malaysia need to reforms to become least corrupt nation the subsidies are loss less where corruption high in the country no single project completed and country always still remain underdeveloped may Malaysian government focus on that problem... 🦾🇲🇾 great Malaysia
@zemi197
@zemi197 8 күн бұрын
No single project completed? Are you a troll?
@MuhammadAhmad-db6sf
@MuhammadAhmad-db6sf 7 күн бұрын
@zemi197 i mean that all Malaysian projects handlers do corruption where it complete the project not like on the map they use very bad materials while on working on the project where they save money from the project and eat it where else project completed but not like that where high authorities told they handlers in this way in every where are corruptions
@Boboli-m1q
@Boboli-m1q 7 күн бұрын
Are you refering to West Malaysia inclusive East Malaysia? 🤔
@hafizkamaruddin8730
@hafizkamaruddin8730 7 күн бұрын
Malaysia now under PH.. there is no corruption now.. 😂😂😂
@looooool3145
@looooool3145 7 күн бұрын
The Malaysian government are purposely stopping giving out subsidies due to following guidelines by the IMF. The subsidies we are talking about here is not unhealthy subsidy like sugar, but instead gas and healthcare. It's all under the guise of climate change and sustainability, even though it's the normal citizens that will suffer. The Malaysian government is also playing race and class card, saying that the poor and middle class don't pay taxes, and only the rich contributes to 80% of the economy which is ridiculous. The Malaysian government has been drying of money ever since the started following IMF guidelines, so by reducing subsidy (which actually benefits the people directly) according to IMF, is the only way to increase the government money and that's partly true if you don't consider the consequences.
@johnmonk3381
@johnmonk3381 7 күн бұрын
The problem with replacing subsidies with infrastructure investment is WHAT INFRASTRUCTURE INVESTMENT SHOULD BE IMPLEMENTED THAT WON'T BE SUBJECTED TO THE SAME KIND OF PROBLEMS THAT PLAGUED THOSE SUBSIDIES IN THE FIRST PLACE, EG CORRUPTION, MISUSE, WASTAGE ETC?? And investing in infrastructure won't guarantee an economic return or benefit to both the government and the people anyways!
@sianu9013
@sianu9013 6 күн бұрын
Better take care if your UK economy. Rather that worry about other countries economy.
@AlfredYHV
@AlfredYHV 3 күн бұрын
Best comment.
@wk9378
@wk9378 7 күн бұрын
Too large portion of population on state support and subsidies. Too small a tax base. Most are exempted from paying tax.
@scomberjaponicus9585
@scomberjaponicus9585 8 күн бұрын
be brave and implement gst.
@walauahahaha
@walauahahaha 7 күн бұрын
I assure you that they won't, at least until the next election
@1chai
@1chai 7 күн бұрын
If they feel ashamed of re-implementing GST, just use another name for the same thing, call it VAT, value-added tax.
@sunnyong6175
@sunnyong6175 7 күн бұрын
Please encourage the people in power to tax heavily
@tanchye1720
@tanchye1720 2 күн бұрын
Sinking. Subsidy is liken to drug addiction & laziness. The money could use for infrastructure construction, etc.
@lillianphua7629
@lillianphua7629 7 күн бұрын
Subsidies is not good? So remove...but where d money goes to? After removal of subsidies, govt still need to increase this tax and that taxes... Where is the saving from the removal of subsidies? Govt had over the years reduced or totally removed subsidies of - sugar - flour - cooking oil - petrol and diesel - rice - whatelse ? Everytime govt cut each subsidy, it said will save billions of ringgit each year... WHERE DO THE MONEY TENS OF BILLIONS (each year) GOES. WHY INFLATION AND HIGHER TAXES year after year? So govt reduce subsidies but bigger and bigger mis-management, corruptions, scandal continues? More ringgit into their pockets? In Msia, the govt is not transparent.. what can we find out? 😢😢😢
@looooool3145
@looooool3145 7 күн бұрын
Notice how they are trying to remove gas subsidies under the guise of sustainability/climate change or to reduce supposed 'smuggling.' Anwar's government is seriously lost in managing the economy and has been closely following IMF guidelines. That’s why they have been pushing EV cars so much lately. We are just a small country; we can’t afford to follow the sustainability goals and plans of rich countries. Recently, Anwar has also been hinting at privatizing healthcare, which shows they are definitely not on the right path. They will do anything as long as their government gains more money, regardless of the suffering of the people.
@lingth
@lingth 8 күн бұрын
Malaysia need to start fixing their infrastructure like The Potholes in the Roads, and the occurrence of sinkholes, and also the drainage problem which can mitigate floodings.
@pranshukrishna5105
@pranshukrishna5105 8 күн бұрын
they are spending 12% in subsidies and only 9.5% in infrastructure,
@MelvinStaRita-yb2fm
@MelvinStaRita-yb2fm 8 күн бұрын
In general,subsidies are bad. It's only warranted when there's short-term political objectives. Giving subsidies indefinitely will always bleed any government dry. This is true for oil,rice,energy or whatnot. The Philippines should take Malaysia as a cautionary tale.
@PlanetXenornoph
@PlanetXenornoph 7 күн бұрын
Government should impose assessment tax on kampung properties especially in Kelantan
@kmayn3675
@kmayn3675 6 күн бұрын
ape lancau
@jejakamisteri3442
@jejakamisteri3442 6 күн бұрын
its good for the country to have a comprehensive subsidy system which directly distribute the benefits to its citizen, instead of certain countries which subsidize weapon industries and supporting wars all over the world
@captainmee3469
@captainmee3469 8 күн бұрын
tax and subsidies is compliance each others... reduce subsidies but keep tax at same time would make rage ... but country need tax to maintain as country ...
@unboxingdoomdays5949
@unboxingdoomdays5949 7 күн бұрын
Subsidies make problem worst.
@pemberipendapat6915
@pemberipendapat6915 8 күн бұрын
what is tax purpose, return to citizens through health education housing food electricity petrol infrastructure safety etc, all these are subsidies, this is government responsibility, do not be government if incapable to provide these facilities.
@patrickgz
@patrickgz 8 күн бұрын
this is too simple a concept to comprehend for many. the thinking is that government is only for security, corporations for economy and finances and tax payers sheep
@waihongkoh509
@waihongkoh509 8 күн бұрын
But you do know our current tax rate is one of the lowest around the globe and insufficient to cover the subsidies which have been handed out for years?
@pemberipendapat6915
@pemberipendapat6915 8 күн бұрын
@@waihongkoh509 corporate tax should be on revenue, not profit, therefore all companies can not run from tax.
@sirzechs3960
@sirzechs3960 8 күн бұрын
Another cheapo
@TheJohnnyJohnny
@TheJohnnyJohnny 8 күн бұрын
Increase corporate tax? Then what? They fly away to neighbouring country? Is that a good solution?
@sohadismusidi
@sohadismusidi 7 күн бұрын
To them subsidising is the answer to the mega curruption among leaders. Huge gov money has been syphoned every day hiding behind multi billion gov's projects. These definately prolong payback period of each project which the citizen who paying the capital expenditure plus the interest. This subsequently weakened the citizen's domestic purchasing power.
@nuurulbasarmohdbaki6046
@nuurulbasarmohdbaki6046 4 күн бұрын
Once we tackle Black Economy aka Shadow Economy we will obtain at lest 300B yearly. Twice Ahmad Maslan tried twice he was removed from MOF. Better tackle Shadow Economy. 2019 only shadow economy is estimated at 219B revenue lost. So are you scared to talk about the elephant in the room
@Shambles7698
@Shambles7698 8 күн бұрын
Subsidy is not good for long term. The government should focus on the economy how to grow it by make investment in infrastructure and R&D . Economy grow over everything
@pengseahang946
@pengseahang946 8 күн бұрын
They have no choice ! 😂😂😂
@issacjacob7824
@issacjacob7824 8 күн бұрын
Either impose GST , increase M40 , T20 personal tax , corporate tax. to pay the subsidies . beside The salaries in average pretty low in malaysia.
@rahimmajid647
@rahimmajid647 7 күн бұрын
That's the two edged sword problem of subsidies... Subsidies are good for our social welfare, to keep control of the price of our basic neccesities. However, one of the negative effect of subsidies is that it also keeps our basic wage low. What drives basic wages upwards? Basically, inflation and cost of living. As subsidies help keep the price of our basic neccesities low, it will also reduce the pressure to increase our basic wages. Don't take me wrong here.... I do not advocate for the abolishment of subsidies as that is just cruel. But we do need to find a better balance here.
@pckkaboo6800
@pckkaboo6800 7 күн бұрын
Imagine T20 , corporate etc: fine, I increase price😂 we control the source, who you are gonna buy from beside from us? Beside we are just the agent collecting taxes on behalf of whoever in power and take "some" in the process, raise our " cost" of business we just transfer those cost to the market😂
@terryloh988
@terryloh988 7 сағат бұрын
Not true, food and utility prices have been going up sharply for most people.
@askarsepoi
@askarsepoi 6 күн бұрын
Those who really understand about investment and consumption may not argue subsidy issues in Malaysia. As a simple analogy, parents who earn usd14k a month, invest usd1k every month with return about 10% will happy subsidies many thing for their kid. Only corrupted mentality will always argue about it. On average, or gdp Malaysian earns usd14k every month. Only corrupt government will say it's not enough to subsidise their people with the current cost of living in Malaysia. Earn in Malaysia, cost in Malaysia. Dont compare with others who dont have resources and commodities like Malaysia..
@jkthum
@jkthum 8 күн бұрын
It’s not the subsidies that’s the problem, it’s the over bloated public service. Step no 1 to saving the economy should have been to trim the civil service. Can also take a page from Argentina too, in just few short years they reversed their 100+ years of deficit into a surplus.
@Lee-tk4bb
@Lee-tk4bb 7 күн бұрын
Malaysia civil service doesn't have any issue. Try to get real facts.
@jkthum
@jkthum 7 күн бұрын
@Lee-tk4bb if u think an over bloated civil service is not an issue, you are clearly out of your mind. The civil service does not produce a damn thing for the economy. They consume. The private sector is the one that innovates and produces for the economy. We do not need an over bloated civil service, what we need is a lean efficient facilitator for the public sector . Clearly know nothing about the real economy other than perhaps what they wrongly teach in school and universities. Oh and don't you effing dare say those economic professors in unis know anything about the real economy.
@Lee-tk4bb
@Lee-tk4bb 7 күн бұрын
@@jkthum go and compare with other countries. Read and watch foreign media. Don't be fool by "civil service" term in local media. be a mature and smart person
@jkthum
@jkthum 7 күн бұрын
@@Lee-tk4bb oh wait let me guess.. u r either a civil servant or a politician. Both non productive parts of society. Fact for country the really truly grow: 1. Trim civil service 2. Change politicians like u change a baby's diapers
@aqqwrtipvsaqtuuoopps
@aqqwrtipvsaqtuuoopps 5 күн бұрын
Reducing fuel subsidy in stages and reimplement gst. Starting at 8% is reasonable.
@fanyong7883
@fanyong7883 7 күн бұрын
Good content 👍
@ernstchin6749
@ernstchin6749 7 күн бұрын
Not just sobsidies but the free grants that has reduced the citizens to dependants expecting free handouts and lazy instead of working for a livelihood.
@bayestraat
@bayestraat 6 күн бұрын
Malaysia's oil and gas insustries albeit subsidised for Malaysians, are in fact state owned so I don't really see the logic here
@mengtan8347
@mengtan8347 7 күн бұрын
PM Anwar is great and I admire him. He always find answers for the citixens of Malaysia.😊😊😊😊
@sunnyong6175
@sunnyong6175 7 күн бұрын
Did Anwar asked for more subsidies before becoming a PM??? Now removal for subsidy is what you all wanted
@eevee1482
@eevee1482 6 күн бұрын
What we should focus is how to ensure the subsidies not goes to 'others' like illegal migrants, foreigners or some people from 'that country' that called rich🌚 this subsidies should get by malaysian citizen only
@FaizalHamzah-p1v
@FaizalHamzah-p1v 6 күн бұрын
Saving. After all these years problems started by stopping the subsidies you still don't believe ? You would want the subsidies to return. You will be a true believer. We want subsidies as it was before. Now !!!!!!
@giad.2342
@giad.2342 6 күн бұрын
Subsidies make the poor become lazy because they think they still can live with gov’s helps in every aspects. The middle class are the one struggle so hard to pay tax, but rarely get helps. The upper class always do tax invasion that makes them stay rich. But as a Malaysian, i am so thankful to my country for only RM1 gov health facilities.
@therealguy12378
@therealguy12378 6 күн бұрын
First, Voters need to scrutinize carefully on the politician. Reduce corruption then only reduce subsidy. Reducing subsidy is usless if corruption is rampant. Instead of spending subsidy on rakyat, it just goes to politician pockets
@kirigamiyong1016
@kirigamiyong1016 7 күн бұрын
Answer is both in the Malaysia Economy. Success and suffer in the long run. XD ****
@gingerteddy618
@gingerteddy618 6 күн бұрын
Giving subsidies in evidence of successful government towards the happiness of the society.
@dirmanbw336
@dirmanbw336 7 күн бұрын
These subsidies goes to the poor Malays majority, and the money mostly come from wealthy chinese taxpayers
@Malaysian07091
@Malaysian07091 6 күн бұрын
True, as A Malay T20 My family pays taxes almost a Million every year only to fund B40 to live more luxury than us.
@haziqaiman6184
@haziqaiman6184 2 күн бұрын
Remove Subsidies but increase taxes, increase government wages and increase debts. Corruption still ongoing.
@rfixed
@rfixed 8 күн бұрын
1:30 wrong PM there
@roadbump1737
@roadbump1737 8 күн бұрын
the narrator was talking about the 2020-2022 period
@tembak88
@tembak88 8 күн бұрын
rather than leak to corruption, subsize to the people is much better.
@DarthSidious9096
@DarthSidious9096 8 күн бұрын
So by giving out more subsidies the corruption magically disappears? Government deficit can reduce by doing do? I lost some brain cells just reading this idiotic comment.
@Toyol459
@Toyol459 7 күн бұрын
Jika tidak ada ketirisan dan rasuah, jumlah hutang dan perbelanjaan laintu boleh beekurang.. mungkin dalam masa 10 tahun malaysia dah jadi negara yg hutang untuk tahun srmasa sahaja dan terus bayar pada nex year
@talhahabdullah8980
@talhahabdullah8980 7 күн бұрын
Lol off course it is good. Even the Singaporeans loving them.
@Filzatul
@Filzatul 10 сағат бұрын
Entah kenapa 5sen masih dicetak pada tahun 2023..
@davidjackson3198
@davidjackson3198 7 күн бұрын
But imagine every cities in Malaysia has better and useable public transport, it might be another different story. Like in KL, although public transport like buses are not perfect at least there is an alternative to driving or rapid transits, metros are also the alternatives to driving which I do very support. On the contrary, other major cities like Ipoh and other cities, public transport are mostly unuseable, Ipoh's own buses services "Perak Transit" are not useable routes are not as frequent as KL's RapidKL, the problem is the state government decided to neglect traffic is a major issue and not finding solution to solve major traffic issues.
@PuLL365
@PuLL365 8 күн бұрын
Good presentation.
@ManuharAmasi
@ManuharAmasi 7 күн бұрын
The Answer As To It Is, To The Economy Of The Foreign Labour Is A Saving And To The Citizens Is A Sinking One.
@fattfatt6483
@fattfatt6483 7 күн бұрын
IF ONLY THE GREEDY POLITICIANS , LIKE NAJIB AND HIS CRONIES AND OTHERS ARE ELEMINTED, MALAYSIA IS ALREADIED A WEALTHY COUNTRY !
@Malaysian07091
@Malaysian07091 6 күн бұрын
Malaysia just need to lift most of unnecessary Subsidies such as Oil subsidies because it won't worth it. By 2030 oil will probably spike because of Oil production will fall that means the government will need to pay more to maintain the oil prices so it better to lift the oil subsidies right now.
@Malaysian07091
@Malaysian07091 6 күн бұрын
And also Malaysia need to less giving candies to B40 as a T20 i never drink Starbucks or anything that expensive because i know my money will dry even my family possesses Millions of Ringgit but those B40 can enjoy Starbucks and luxury life more than me a T20 that have Millions of Ringgit and it all because of Taxes money we T20 paid that worth almost Million every years.
@Malaysian07091
@Malaysian07091 6 күн бұрын
And what makes me more sick is those B40 keep saying that the government is oppressing them that makes me disgusted. Those B40 really get everything and i pity the M40 that need to pay taxes same as T20 only to give to B40 so that they can live more luxury than us!
@bingoblue
@bingoblue 7 күн бұрын
Give and take.
@saiful0414
@saiful0414 21 сағат бұрын
Malaysia pampered its citizens too much by giving susidies here and there.... they should learn to live the hard way...
@MohdArif-pl3sy
@MohdArif-pl3sy 6 күн бұрын
Subsidies cost definitely haunt future generation. So not my problem lol.
@daniyalnaeem1404
@daniyalnaeem1404 8 күн бұрын
We have GLCs that are exactly supporting taxpayers with subsidies, but our subsidies are looted by present-day government
@Pokok_Kelapa_Parut
@Pokok_Kelapa_Parut 7 күн бұрын
South korea has 50 percent inheritance tax but malaysia has none😊😊
@yours_sincerely48
@yours_sincerely48 7 күн бұрын
Subsudies generate more laziness. Who.wants to be T15? All switch gear work less and get pay just below the T15...
@khyeap222
@khyeap222 7 күн бұрын
Subsidies are short term measure. How long will the reserves lasts ? Economy will be less efficient as no urgency or incentive to improve. Leakages in smuggling and unnecesarry subsidies to the rich and foreigners. Wastages !!
@omgsam2263
@omgsam2263 7 күн бұрын
the political factor is the main obstruction for stopping the subsidy. since New Economic Policy introduced in 80's, all petrol stations are owned by UMNO members and royal family members, no exception. with the subsidized petrol, the station is secure (never see a station went bankrupt) and lying with income. the current unity government needs UMNO backing to remain in power, so cancellation of subsidy can cause the collapse of government.
@mengtan8347
@mengtan8347 7 күн бұрын
To each it's own
@sunnyong6175
@sunnyong6175 7 күн бұрын
Remove all subsidies and tax heavily
@NbhakiemMalaysia
@NbhakiemMalaysia 8 күн бұрын
Malaysia The Most Subsidized Country In The World 🎉🎉🎉
@Worldinpeaceforall
@Worldinpeaceforall 5 күн бұрын
Who get the subsidies. Common plp are suffering.
@chrysostomgunaseelan3907
@chrysostomgunaseelan3907 7 күн бұрын
A British accent has a hypnotic and spell bounding effect, as in the narration of this presentation. The effect here is to suggest lessening subsidies. Neocolonies exist for clear purposes, and Malaysia is not immune from such purposes. Being not part of a self sufficient and regulating civilization, removing subsidies without an iron clad alternative is all about benefitting investors in the various privatization schemes that would be hatched to deal with a post subsidized event: and because our research, educational, training, and social relational capacities have been sabotaged to not be of much use, the post-subsidized business will draw on external expertise that will carry a hefty price tag. Politicians in the Third World exist to serve in the profits of neocolonial interests of the dominant powers in indigenous local dress and form to avoid international litigation. OUR politicians and businessmen are tailored to serve these interests. Avoiding subsidies implies having appropriate levels of real local research, expertise , and social cooperation essential to translate research into viable, community serving affordable solutions. My guess is that whatever decisions are made on subsidies will not disturb the status quo of dominant powers in ensuring that raw materials, resources and cheap manufacturing are available for profit in the Third World, and subsidies are there to ensure that money is not diverted to provide affordable solutions using available (and NOT non available) local ingenuity and cooperation. 16:07
@Khairulzaman96
@Khairulzaman96 8 күн бұрын
Good explanatiom,With Subsidies is cut but goverment want implentation & Reformation of economy system to ease peoples burden & Eradicate poverty make madani empire great again
@thegrandlord2914
@thegrandlord2914 7 күн бұрын
Too many subsidies will lowering people's purchase power in long term. I'm from indonesia. Eventhough malaysian percapita income is higher than indonesia, unlike malaysian who think that price of goods is too expensive, for us indonesian, we see that price of goods in malaysia are actually cheap. When we visiting malaysia, even the ordinary person can buy goods as if they are filthy rich. That's how bad malaysian purchase power had fallen becuse of subsidies
@beautifuldream108
@beautifuldream108 7 күн бұрын
Better than USA, capitalism does not help the poor 1000% because it disturbed capitalist to earn money.😅😅😅 And this will help the poor more than the rich 😊
@windsong3wong828
@windsong3wong828 7 күн бұрын
Malaysia have too much subsidies and too much gifts and assistance for the poor. The intention is good but it is killing the nation in the long run. Argentina went bust due to subsidies. The government should focus on creating jobs or part time employment to help the poor. The poor must be encouraged to work hard to better their lives. Teach them to fish and not to give them fishes every month.
@MVPA-io5ee
@MVPA-io5ee 6 күн бұрын
Work hard > get rich. You're fucking stupid if you think only by working hard, the rest of the problem gets better.
@hafizkamaruddin8730
@hafizkamaruddin8730 7 күн бұрын
Subsidies are the right of the Malaysians.. that’s what Anwar’s said before he was the PM.. 😂😂😂
@Ruhgtfo
@Ruhgtfo 7 күн бұрын
😂 cuti cuti Malaysia
@PlanetXenornoph
@PlanetXenornoph 7 күн бұрын
IWK should be abolish cause poo poo at home gotta pay poo tax
@SamsonOhsem
@SamsonOhsem 8 күн бұрын
Asia's people very hardworking
@atan5207
@atan5207 7 күн бұрын
look at their emoluments 25.2% why don't you mention about that???
@hafizulasyraf5670
@hafizulasyraf5670 8 күн бұрын
Malaysia ada cara sendiri urus subsidi 🥱
@eehockguan91
@eehockguan91 7 күн бұрын
DO AWAY WITH JAKIM !!!!!!!
@gemhunter616
@gemhunter616 7 күн бұрын
Too much free money to B40. Overly reliant and too lazy
@andrewchin5583
@andrewchin5583 8 күн бұрын
It is a luxury provided by the government and i am super grateful for that, but objectively for the country the subsidies is hurting the country. I would suggest making changes to the subsidies system as they are doing now but more aggressively. Seems unfair to most people, coming up with a system that fuel subsidies benefits only middle and lower class is damn near impossible unless we have a monitoring state like china does. I would just make the subsidies apply to only malaysian nationals using apps like Setel to verify identity. You can still buy Ron95 using cash but the subsidies does not apply to people using cash.
@mthsea
@mthsea 7 күн бұрын
Definitely sinking the economies
@CalvinLimSH-ld5le
@CalvinLimSH-ld5le 7 күн бұрын
Giving subsidies will only be effective for short term gains by stabilizing the rising costs of living. Once given it became the rights of the people to have it permanently. It is better to teach the people how to fish and become skillful fisherman so they can catch their own fishes and learn to more independent for themselves. You can never take away the walking stick from the people once it's given and it became the bane of the economy and people. Until we can learn to stand on our own feet will then the national debts be reduced and the excess funds channel into more project developments that is much beneficial for all the people of Malaysia.
@Sammy-n2q
@Sammy-n2q 8 күн бұрын
All Malaysia has to do for long-terms and optional direction for its growth is the look into investing in Vietnam, Laos and Cambodia and possibility in the near future Myanmar when things calmed down there. But the problems is that Thailand is blocking land access into these regions which makes Thailand the only gateway for Malaysian business and people to grasp the opportunity within ASEAN. At the end of the day, Malaysia has all the tools its needed to sustain its growth and bring about a new kind of development and income growth into Malaysia back.
@lingth
@lingth 8 күн бұрын
Now that Malaysia Proton has a EV, how would the Govt provide subsides for Electricity used by EV? If electricity use by EV is not subsided, why would a Malaysia change his petrol car to EV when he can pump Cheap RON 95 Petrol while if he switch to a EV.. and charge it to full he dun get subsidies.
@AravinthanS.Manoharan
@AravinthanS.Manoharan 8 күн бұрын
😂. Electricity expenses higher because of SMART METER !!!!! 😅.
@XFinityDesigns
@XFinityDesigns 8 күн бұрын
I think you are not taking into account that fact that there are millions of micro businesses like food stalls that bring in billions of RM to the economy. If we lose these, the government will have to subside the unemployed millions. so back to square one, with tragic consequences.
@unboxingdoomdays5949
@unboxingdoomdays5949 7 күн бұрын
Pay tax for foreigner uses subsidy oil
@aaabbb-ff1sp
@aaabbb-ff1sp 8 күн бұрын
charity to the guess-whos 🙄 ... sh-t by other name will stink as bad
@mylaifsetail201
@mylaifsetail201 7 күн бұрын
how about the expenditure on emolument? that is even larger than subsidies.
@ItsHurts-truth
@ItsHurts-truth 7 күн бұрын
🎶Katanya KETIMBANG KEncing TIpu seMBANG Katanya KETIMBANG Saya ulang!!!!🎶 🤣🤣🤣🤣🤣 🎵ABCD SST Harga semakin tinggi Dulu suggest makan Maggie mi Kini Speaker suruh makan ubi Minyak turun punyalah janji Tapi naikkan sesuka hati Masa kempen semua nak bagi free Bila menang cukai semua sekali Ini lagu favourite LGE Papa Non juga join menyanyi Kayuh beskel ialah Fahmi Bodoh-bahlol si Rafizi ...🎵
@kotacastel
@kotacastel 5 күн бұрын
Malaysia has provided subsidies to its people for decades. This is a people's country, the people come first. The hospital fee is only RM1. Country that provide subsidies to their people are also able to open up the widest possible employment opportunities for migrant workers. Countries that have low state debt, higher VAT, high SST are also unable to provide employment opportunities to their peoples so they end up migrating to Malaysia to become migrant workers.
@mcm2filem24
@mcm2filem24 7 күн бұрын
Im Just use RM 100 ringgit a Month for Oil subsidies. What Make Malaysia Poor is goverment make contract to tan sri said Azman. He takes 16 billion for government Rent helikopter.
@muhdfaris2517
@muhdfaris2517 7 күн бұрын
Should continue giving on subsidies is our right the politicians in our country getting too much allowance they never cut one bit of their allowances then why they should cutting our benefits lol
@amanokinji6220
@amanokinji6220 7 күн бұрын
Meh, employer still dont want to pay us global wage, and now you are complaining about the citizen having too much subsidize goods. How are you expecting us to live? What is the average price of a house in the city like KL? Average car installment for proton and perodua? Then, the govt whining about talent leaving the country for better wages? 😂 Funny its only the rich and govt. official keep complaining about subsidize item as burden but does not want to invest in human capital, talent, skills in advanced industries
@zamritaksis5578
@zamritaksis5578 7 күн бұрын
ha ha ha, we are not USA then
@unboxingdoomdays5949
@unboxingdoomdays5949 7 күн бұрын
I never sees other country that provide social security to foreigner on the 1st day
@MrLittlecat123
@MrLittlecat123 8 күн бұрын
Those low income need it while those high income abuse it.
@ignatiusryd2031
@ignatiusryd2031 7 күн бұрын
@@MrLittlecat123 The problem is, the subsidies were far from being channeled directly to B40
@Muônv
@Muônv 8 күн бұрын
Corrupt 🎉🎉🎉🎉
@unboxingdoomdays5949
@unboxingdoomdays5949 7 күн бұрын
Cooking oil, and etc are all subsidy then foreigner to use it
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