Top 10 Things You MUST Know About BUDGET 2024!

Get ready for Budget 2024 in Malaysia! 🇲🇾 Discover the Top 10 essential insights you MUST know about the upcoming budget.
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[@MrMoneyTV]

What do you think? 👍🏻 or 👎🏻? Tell us in comments!

[@theMiaow]

Empower their head la. Removed subsidies on chicken, egg, and even diesel. SST to 8%. What 7 was anwar thinking

[@darrellowlow7710]

@@theMiaow agree honestly this budget is mediocre some are ok some are just BS.

[@rozanighani]

Your face too far from camera. Your hand is more clear and bigger than your face. I like you old videos setup, the recent you do pan and zoom is not suitable. You can always make your face bigger when no text. All the time, there is no text.

[@pangpang7202]

There will be part 2?? The 1st part is not convincing. Rush to remove the subsidies on egg, chicken, diesel and even petrol, will hit the economy hard. Removing subsidies should be the way to move forward..but not everything at 1 go..start with egg and chicken. Once the people start to adapt to the price change, go with 2nd stage. At the moment, expect massive spike in prices in near term.

[@darrellowlow7710]

@@pangpang7202 I think my economy rice will be rm 20 instead of 12

[@user-nn6vi2vk3t]

With this budget I think we will see an improved economy at the end of the year, " IF ONLY THERE IS NO CORRUPTION".

[@JoyceSuacy]

From my view the budget is one sided. Is more political and unrealistic. I thank God that i don't depend on country budget system anymore to help myself. I made an investment that gives me return monthly.

[@KevinArpin-we7bd]

Will this budget help in the economy? "YES" Do I see corruption? "YES" It is one-sided? "YES" But I think the positive impact will be felt more than last year budget. With this budget, just plan and have many means of having extra income, like investing in stocks. I make $18k monthly from my $200k investment with Linda Sue Baier.

[@user-nu6on7uq4q]

There is nothing good about the budget. @kELVIN I guess Linda Sue Baier is a financial advisor and thanks for sharing.

[@KevinArpin-we7bd]

@@user-nu6on7uq4q Yes she is a financial advisor. with her every 200k make 18k monthly.

[@user-ie7ne5he5h]

@@JoyceSuacy Yes still depending on the country economy is risky. One needs to be economic independent of the government. I also know and work with Linda Sue Baier.

[@JackyThamGK]

1:38 as an Johorean live in JB City, The Fucker hawker center 100% will increase in their prices. damn greedy everytime using this damn excuse

[@shanekai6558]

thanks Peter & Mr. Money TV for the summarization

[@siufat__]

Gov is pushing people to purchase EV. Meanwhile, what people really want is to upgrade the public transportation. Make it more reliable, efficient, affordable, & accessible, for people. EV won't solve traffic jam.

[@kellymicheal7256]

Would be nice to have easy access to check the routes and timetable of public transportation in one place from mobile devices. It's so hard to lookup those unless you go to the main station, which need to have a car to get access to most of the time...

[@chingqh]

may be they are pushing us to change to ev motor , all the parking restrictions and new rules makes me want to leave my car at home

[@firework8140]

If you dont fix up the sidewalk and clean it up, no one would want to use public transport regardless.

[@shengxd9068]

the best ever budget 2024 explanation with details and examples.. Good job!

[@nop4778]

0:50 from my understanding, only the service tax portion aka 'ST' and not the whole SST increase to 8%. Sales tax still maintain at 6%

[@johnong2655]

One thing is for sure, there are a lot of food syndicates in Malaysia. The government had no choice, but to give it a try to test the market. Have to see how it goes. Many have seen this policy work in the UK. However, the general understanding of democracy between us and them is different.

[@jxp56646]

good summary

[@AnsonTanTheTradveller]

Nice content

[@Botakzai87]

Hawkers says raw materials increase prices anyways, because farmers and manufacturers or factories will have higher cost because their machine, factory upkeep, etc cost is affected by Sst.

[@piol91]

So it was you. Haha. Saw you at straits quay last week

[@giaphinteoh9744]

The electricity bill cut for the hardcore poor is forty bucks. But mine is only less than twenty bucks as a middle class with no air con, no washing machine, no microwave oven etc. I am kind of a middle class hermit.

[@vinyong88]

Giving pennies is not going to help. Should focus on how to generate more business and investments such as lower the cost of doing business, dismantling AP, lower taxes, etc. this budget is going to increase cost of goods.

[@patoises]

so the budget is fundamentally about more tax from private sectors to hand out to the government sector workers - what's new?

[@foxhunter19941]

Nice black bay bro 😉

[@AntiKhawarij]

Ty Malaysia 🇲🇾

[@deodenum]

Disagree with the suggestion to save Rahmah cash. Spend it well, perhaps use it to support small local business. This will help our economy better.

[@terence3004]

Yes hawker will definitely increase because they brought from store that tax 8%

[@JendulBrag]

Unpopular decision are expected, but i believe it for good sake of Malaysia

[@mugilanmalairajan7468]

I think you meant specifically improving the civil servants lives

[@faizalabubakar288]

is the electric buses only located in peninsular malaysia?

[@mrbalsemgosok]

The economy of Malaysia will improve if we maintain the GST. Malaysia is the only country in the world that has reverted to an old and inefficient tax system which is SST that prone to informal or unrecorded economic activities.

[@adamiskandar5107]

I think that's debatable. Blindly following the majority does not always bring success. I trust the present economy minister Rafizi Ramli to formulate the right policy regarding this issue.

[@xcre8ionx]

Exectly, same old people sitting on top.. never learn from previous mistakes

[@chieftanke]

If GST was implement in the 90s, when economy is booming and people can actually afford it, I would agree. Not now, we have mismanaged the economy so much by handing out cash, increasing subsidy, building things that has no actual economic benefits, massive corruptions etc. If we implement GST right now, we are looking at Lebanon & Sri Lanka style economic collapse very soon.

[@xcjsmith5310]

@@chieftanke Definitely agree if implement in the 90s is better, but I think Malaysia cant use GST already since current government keep on discrediting GST which lead them to won the GE14. So definitely a bad move by them. Now all politician will avoid implementing GST

[@mrbalsemgosok]

As mentioned earlier, I suggested that if we were to maintain the GST, as it was in 2018, we might not encounter the problems we face today, such as heavy reliance on Petronas or large factories potentially evading taxes through the SST system. I'm not implying that I support Najib, but if a policy is beneficial for the country, why not work together for the common good? But, what can we do? Most politicians in Malaysia are just thinking about their own stomachs and power.

[@kaypuichun1746]

Invest & Spend wisely

[@rayon1696]

Please consider waiving the payment for extension of leasehold for homes. Especially for retired people who have no pension. This is hardship for us.

[@quinntrinh5206]

Go to hell then 😂

[@gloeug7971]

Electricity high...? Omg. Let’s spend time at shopping mall to enjoy the cool air ! We are like Singapore la.

[@carrotsak]

Middle and upper middle gonna buat roti and makan Maggi mee at home lagi. Hidop akan manyak bosan. Manyak2 cukai hor.

[@puyahtakaful4575]

😂😂😂😂

[@garylee7157]

Nice tudor blackbay there

[@observer-6501]

Just use GST la. If properly implemented, we can trace and audit whos the culprit taking opportunity to gain more profit.

[@vintagedigital108]

Electric motorbike? Any suggestion for starters?

[@Kisio1986]

Middle income yg suffer. Chicken price now cant go to any fnb to eat.. price sure increase.

[@jasonleong7]

what constitute food costs comes from other sectors that wiill have the 8% tax. while it slows it down, I think food cost still will go up.

[@adamiskandar5107]

Inflation hurts the poor proportionately more than the rich. By reducing subsidies and distributing the 'savings' to the less fortunate, the B40 group could be protected from price increases whereas the M40 group are largely left to fend for themselves. When the government tries to solve the inequality problem, naturally, the 'rich' feels worse off than the poor. Just hope that the 'rich' won't sabotage this policy which should enhance stability and bring better economic growth that should benefit everyone in the long run. Running a clean government would cushion the effects of inflation on the M40. It's a no brainer for people to vote for a clean government. As demonstrated by the PH government in Selangor, Penang and Negri Sembilan, PH is not only clean but competent.

[@beautifuldream108]

Can anyone help to answer this question, my brother over 60 charge bankruptcy? Did last year budget help him out? This year, I understand from you. No help loh.

[@ericlai3221]

1:26 hell yeah😅

[@Brendan115]

Inflation will only effect the low an middle class. this is the most difficult economy crisis which will never be solved but only will keep going up.

[@FirdausAmir]

7:50 finally can't wait to buy electric scooter from CFMOTO or Yamaha, hope they bring to malaysia

[@kayrelzin5606]

There are pros and cons for ev bikes. In the new days its mostly cons. Most rm120k below yearly earners lives in flats. Ev bikes have no 2nd value, the batt cost 3/4 the bike price. The bike price are high unless ur buying chinese made or local made(which currently doesnt exist).

[@leezhijiang]

Here are my two cents' suggestions. Our government sometimes really doesn't have the balls to do proper enforcement. 1. We will be observing some increase in cost-of-living next year for sure especially in food or even over daily groceries. There are of course business owners will find excuse to increase the prices to maintain the margin of profit to cover the cost of paying the extra taxes which have no direct impact to their business. (I increase my food prices to cover up the extra tax I need to pay for a new Velphire). When questioned about the increase in food prices, they will push the blame to the supplier and the government for those taxes and removal of subsidy. Authorities are not stern enough to enforce actions when it is confirmed that the increase in prices doesn't justify. Authorities should monitor the prices of the items in the market and give instruction and order to reduce the price if the increase in price is not justifiable. Price should also be reduced when the global fuel prices dropped, or our currency improved. Currently, we already observed that business will increase the price whenever currency getting weaker or diesel price increases but doesn't reduce the price when currency getting stronger and diesel price decreases. However, the catch is that they will increase the price again if the next wave of fuel price increase / currency growing weaker against USD. The enforcement should be business owners that are not willing to do so, will be forced to give them away to eligible business owners that are very happy to do so. Government will forcefully close their business together with their business current account. This will ensure that everyone will be doing honest business. Actions should also be taken against sellers/ business owners that mark up the price then later only provide discounts after that. I not sure if this violates the principle of Syriah. If I am the government, I will instruct the business owners to provide discount based on the average market price instead of the mark-up price. E-comerce platform should be instructed not ensure discounts are legit discounts. Government should step in to ensure that job opportunities are prioritized to local first before out-sourcing it to lower cost countries like India and Vietnam. I can observe that there are laid off of some job roles in high-cost countries like Singapore and such roles are heavily advertised in Malaysia, India and Vietnam. There are also some companies in Malaysia actually out-sourced jobs to lower cost countries like India. Government should step in to ensure that out-sourcing or hiring from lower cost countries are at the last resort. Tax should also be applied on the cost saved and ensure that they are really being channeled to employee welfare locally (like in Malaysia). I know that government has convinced ISP to reduce the price of Internet packages. However, I believed that it can be further reduced. I not sure if government is blind or what, the current reduced price were actually the existing promo prices that were advertised some time ago. Hence, there's technically no reduction of internet prices. This is what we call a real reduction. The price for internet only packages should start with RM 89 with at least 500 Mbps and to be capped at less than RM 269 for 2Gbps. B40 families to be able to subscribe internet services with minimum speed of 100 Mbps at price of RM 49. All home equipped with fiber ports /LAN ports should be automatically connected to internet with shared bandwidth up to 30 Mbps on non-peak hour. All newly build PPR should have fiber ports and LAN ports. This is only called affordable internet connection and able to ensure that everyone has access to internet. If I am politician or the government, I will implement all these. Want to sleep already. Can only write up to here.

[@Seramics]

100% well said. Fully agree.

[@DonS90]

Very very long ahh

[@Whatexactlyispeace]

Well said. I will vote for you if you stand for election 💪

[@jacksonitsme]

when u become politician ah 😂

[@katkat2673]

rules and regulations is basically a joke at this point, none of them are being treated seriously due to the lack of supervision and enforcement. If they actually had the balls to do it, we would've cleaner street as a starter.

[@wilsonnkwan]

iPhone luxury good anot?

[@pokokforest2350]

There r some elements of starting to remove Malaysians dependence on subsidy and the entitlement mentality。Hopefully the current government can stay in power n persist with this effort. Only then can the economic conditions, specifically the people’s mindset, be sufficiently competitive to improve sustainable growth.

[@SubsequentEloquent]

Wow. No subsidies. When majority living below 1.5k. 😂

[@katkat2673]

they are giving subsidies to the wrong group, while ignoring those who are really in need.

[@adamiskandar5107]

@@katkat2673 Can you justify your statement?

[@adamiskandar5107]

@@SubsequentEloquent Pls stick to facts. Those B40 folks are better off with this budget than the M40 folks. Whatever the government disburses comes from the people, so pls be constructive. At least this government is on the right track in dealing with the corruption problem.

[@sivashangkar839]

​​@@adamiskandar5107my friend whose parents does business is richer than me but gets all the benefits from gov under b40 by falsifying the payslip. I have seen multiple cases like such

[@yeager50000]

That EV thing, do electric scooter included?

[@rizqdanniel824]

Bear in mind..Malaysia is not high income country..min salary is merely RM1.5k a month with no any other allowances (exclude all gov staff🙄)..with the increase of tax and withdrawals of subsidies..huhu Good luck..dont be surprise if petty crime are rising

[@adamiskandar5107]

What are you talking about? This budget is more in favor of B40 than at any other time. The opposite should be true wrt petty crimes, isn't it?

[@rizqdanniel824]

@@adamiskandar5107 in favor of B40? By hike in SST which will increase prices in all terms regardless telco, F&B, parking or logistics. Removing ceiling price for chicken and eggs? Is that you Call favor for B40? Giving rebate to those earn income annually less RM120k for EC vehicles-that you Call in favor of B40? Do you really think B40 family have enough money to buy thos electric tranport in which Malaysia rarely see for electric charging station-that you Call favor for B40 - to me its more like ‘syok sendiri’ By giving STR for selected Malaysian which is B40 few thousand annually that you Call favor for B40? LOL This budget is not addressing the problem facing by Malaysian in lower income but more to benefit and fill up certain Malaysian pocket which is selected top gov official and certain people that prominent

[@leealex24]

It's a boring budget but still focuses on helping the needy whilst remaining business friendly. To me, a good thing at least from a "national perspective" is that fiscal deficit would be reduced which is very important for a country's sustainability. Malaysia budget deficit today is 5% thanks to useless, selfish, couldn't care less attitude and greedy govt in the past. PHBN aims to reduce fiscal deficit to 3% next few years, that, I agree because this will positively affect the currency strength too.

[@cheehoulow6026]

Money is more. But making a good use of it sensibly and spending is worth for benefits of public is another question...time will tell

[@petiachoo1615]

2026 completion of RTS between SG and JB. Visit Malaysia can draw in international tourists that fly into SG.

[@corporaljaabawalker1678]

most likely its the normal daily commuters. not so much tourist.

[@adamiskandar5107]

@@corporaljaabawalker1678 You can't deny the potential, if the promotion was done competently, can you?

[@khalifahjamaluddin]

Still too much goodies for B40 then how people want to move to M40?

[@adamiskandar5107]

There can never be too much goodies for the B40 because they truly need the help because they were neglected for too long. Listen to what Rafizi Ramli said with regards to government's programme to help improve the income of the B40. Good ideas are there and the government is not afraid of trying for fear of failing. This deserves the peoples' support.

[@TamaraGodina]

My parents have never told me how to save money or invest. But they taught me how not to spend money on something that I can not afford. That helped me not to owe any money to anyone whole my life. But I wish I knew how to save money efficiently.. I am in my mid 50th, saved up around 450k but I could have done much better if I knew all the tricks.. My way of saving money has been most inefficient way and painfully slow.. Work hardest and just keep money in the bank account style...😂

[@addahHusayn]

I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. I’m glad I found that out although it was later in life, but that marked the turning point in my finances

[@Millerdelo]

@Watkinsgorge will definitely be speaking with her soon, I'm bombarded with the don't sit on it during the inflation, I wanted to jump in 8/22 and did nothing. So far this year I think I need to get my feet wet

[@franciscirillo836]

My strategy is to put half my income into the stock market at the start of every month regardless of what is happening. The second part of my strategy is not to sell for at least 15-20 years. Time in the market beats timing the market.

[@Ronnievega39]

@Watkinsgorge Can't wait to get where you are at. I put 10% in my 401K/Roth when I get paid, which I don't really watch. Then I put $400/paycheck in a dividend portfolio.

[@kellymicheal7256]

Walao, we got bot replies chain XD

[@jychowkl7758]

Suppliers of food to hawkers will have to increase prices due to higher taxes. What can help hawkers to reduce their cost?

[@katkat2673]

increasing the price of their product and lay down the cost to the customers

[@adamiskandar5107]

Economics is too complex to be reduced to such a simple statement. I hope people are more discerning in being not unduly influenced.

[@gaaam9874]

i believe even you reduce hawkers cost, their will still increase the prices

[@alboyak1]

Rebates for electric vehicle, but need to charge at home which no more subsidy for electricity. 😮😮

[@alexcheng3575]

The weak point of Authority is not carry out the duty at public as most tax run away due accountant report.

[@adamiskandar5107]

Is still about the structure of the economy, isn't it? Tax evasion is a criminal offence. Only a clean government can handle this problem effectively.

[@MrGan1990]

Finally a budget that make sense instead of spending to gain vote It’s a painful period during the transition but it’s needed, keep subsidising without ceiling and control gonna make the debt hole bigger. Argentina is a very good example. Subsidy been pulled out but converted into targeted monetary aid and utilities discount definitely make more sense. The subsidy on motor vehicle test and EV bike is complementing each other and this will direct M40 to get bike license and purchase EV bike for free👍🏻

[@stevenliew2507]

Reduce the number of ICE motobikes.👍

[@Jayhan1]

Raise tax also good meh. Good la blind worshipper

[@zdronft2356]

We want high tax that's a good economic hehe

[@jxp56646]

bankruptcy happens to anyone regardless of age, not sure why age 40 below is a requirement?

[@paullee6414]

The government should stop subsidy and abolish AP for all items. Let free market forces decide the prices like Singapore.

[@yoroshikune08]

definitely all hawkers will increase prices... simple road side nasi lemak biasa again for sure naik RM0.50/pac i am pretty for sure.... unless government fine those who does... sure jialat one... nice blackbay there...

[@user-rn9ze5jw9f]

hopefully chicken rice raise till RM20 , then will be same like Singapore :D

[@stevenliew2507]

Definitely F&B outlets will increase their price as an excuse.😂😂

[@ronlombok1677]

Cost of goods increase, income stagnant. Cost of living higher than household income. Good for rakyat?

[@kongmj9537]

biggest but no suprised

[@freemal451]

Is it specifically chicken egg?

[@sipaun]

Sabah and Sarawak is still short changed!

[@adamiskandar5107]

It's a good start for Sabah and Sarawak, isn't it? As long as the increased budgets are not lost to corruption as in the past, with Federal support, Sabah and Sarawak have great potential to out perform the nation as a whole.

[@kayrelzin5606]

I thought sst was suspended a while back. That means its not an increase of 2% but the whole 8%😅. Plus this budget doesnt help the poor at all, yes they increase a little cash for the poor, but at the same time will increase the chicken and eggs price as well not mentioning other stuff and the consequence of those products price increase will impact fnb. Receive extra rm500 a year but theyll have to spend extra rm 5k yearly😮‍💨

[@corgansow6173]

Bring back freaking GST for goodness sakes.

[@azhadkhalis9766]

Understand it properly, the government does not increase the tax on FnB and they remove the price ceiling of chicken and egg. Meaning that the price is fully up to the seller whether they want to increase it or not based on their investment, thus this will create a new competition and flexible market where if they want to sell more products they need to lower the prices, or if they believe their product has high quality they will sell it to the consumers who can afford it.The main problem you should concern is the quality of the food, if they decided to sell cheap will the seller reduce the quality or not to compensate with the price? . However If you want cheap and quality stuff maybe you should find a local farmer that can supply you with reasonable prices don't buy it at grocery stores ,buying from them is much cheaper and safer than big grocery stores. Because of this you should blame it on the seller if the prices are hiked up, don't blame the government. Blame them for not controlling the prices not the increase of prices.

[@corgansow6173]

@@azhadkhalis9766 Sellers are going to sell their goods lower due to "competition" is the most ridiculous nonsense I have ever heard on a Sunday morning

[@kayrelzin5606]

@@azhadkhalis9766 sedara paham ke tujuan harga siling? Takde kena mengena langsung dengan quality barang.permainan harga utk menarik pelanggan blh je dilakukan masa ada price cap. Betul fnb tidak dikenakan cukai, tapi klu brg mentah untuk fnb naik harga apa kesannya? Betul bukan kerajaan yg naikkan harga, tapi kerana dia tidak mengawal ringkasnya itu salah dia... Ni br bincangkan perkara yg membabitkan golongan m40 below, blm cerita org kaya. Dia tax luxury item utk local tapi tidak utk foreigners masuk akal tak? Org kaya lokal akan tetap mau beli luxury item, tp klu harga termasuk tax lebih mahal dr beli di singapore contohnya might as well beli di singapore in turn menyebabkan duit malaysia klr. Foreigners yg mampu beli luxury items takkan rasa terbeban, dan klu pun terbeban takkan menyebabkan dia tidak melancong ke malaysia

[@adamiskandar5107]

@@corgansow6173 That's because you don't really understand economics. Maybe you just have opposition mindset? At least @azhadkhalis9766 was constructive!

[@desmondsoo89]

Like to increase this increase that, rakyat salary you don't want increade pulak. Min salary 1.5k for kakak clean toilet ok la. This one come out degree also sometimes 2k plus mmg gg. You increase everything, balance back salary by increment few percent so we can manage out daily lives mah, haiyo..

[@Whatexactlyispeace]

Budget sounds rosy but I have high doubts about some. 1) chicken and egg price ceiling removed. Prices will start to skyrocket again because the global environment didn’t change. Corn prices are still high so chicken feed is going to be expensive. Prices of chickens under the price ceiling have been artificially suppressed and not reflecting the true cost to breed chickens. So I expect chicken and egg prices to skyrocket again. 2) luxury tax- who does this actually benefit? The foreigners! With this tax, you are further driving the rich locals away to buy overseas. This results in a net loss because the rich locals could be paying SST 8% but now 0 because they will not be buying locally. 3) capital gain taxes- while I think this is a innovative idea to tax on the sale of a private limited, it is extremely difficult to prove what the company is worth during the incorporation. Do they based it off the paid capital when it was incorporated?

[@puyahtakaful4575]

well said

[@xcjsmith5310]

1. I agree, but no choice le, unless you want chicken farmer to go bankrupt. If you have any solution, let me know 2. I don’t know this tax and the effect of it. So no comment 3. Usually this is for those accountant to value the unlisted shares, I noted from SME, they start to invest in their related companies means companies with same Director. So if profit increased from one company and you bought it at cost, your company will gain profit, so you actually gain from investment in related company, so you are tax for it. The purpose of investment is give capital to the related company. I don’t have many client with these investment in related companies but many in KL do. So beware. Businessman are smart

[@adamiskandar5107]

Care to give some constructive alternatives? Don't follow the Opposition MPs who know only how to criticise but when in power, not only did not do anything, but performed poorly.

[@Whatexactlyispeace]

@@adamiskandar5107 not a politician so cannot give alternative. The government is voted in to make policies. I’m just a normal citizen who will reap the rewards/ mistakes of the government. But the removal of the chicken ceiling will undoubtedly increase the cost of living. That’s a fact

[@lyl2916]

It’s when you sell shares…so allot new shares, no tax, there’s no income incur when you buy shares..

[@chieftanke]

Chicken and eggs prices will immediately goes up, the theoretical "competition drives down price" will not happen. The only reason the subsidy is withdrawn is solely because the government can no longer afford it, they have no other choices - they can't withdraw petrol subsidy without triggering immediate inflation, and they can't implement GST without triggering mass unrest. If this help bring down debt-to-GDP ratio, perhaps it could strengthen Ringgit's value in the medium term, bringing down overall cost of living (We import LOTS of stuff). BUT, cutting subsidy for chicken and eggs is NOT enough to restore our nation fiscal health, many leaders know that, but no one has the political strength & will to go for the biggest culprit - petrol subsidy

[@darrellowlow7710]

i am not a financial advisor nor knows much but i know this our problem is revenue to our country since some country increase their prices of our import goods why dont PMX just increase the price of our exports,he needs to make a balsy decision sometimes,Many countries does that now its a price war now.the added revenue can add back towards subsidies now currently its 100% removed,but lets see

[@anthony.L]

What we export is subject to other countries competitivity like Indonesia, Thailande or Vietnam. If price increased, other countries will take the market.

[@user-my9pj5iv1y]

How can a person earn less than RM1198 when the minimum wage is RM1200? Unless they are self-employed la

[@razmiihsan8897]

You can't please everyone. But you can choose who you want to annoy?

[@Jayhan1]

SMEs suffered enuf now u raise tax....good good Next year people will cut even more spending right after OPR raise...good2. Good luck SMEs. Im PH voter ofcos la i say good budget regardless

[@RoquetteAttaquer]

SST naik, gaji tak naik so mcm mana nk berbelanja? Aiyaaaa

[@mumk]

please dont forget about our astronomical national debt

[@tsawra007]

Hi 👋, Malaysia 🇲🇾 is already in trouble economically by Politicians and China SOE companies. Covid makes it harder, Inflation etc. Malaysian can still vote and control the economy 😎

[@babibrain]

Every year, prices increase. If hawkers raise their prices, they will lose competitiveness. Again, a price increase is certain for every sector next year.

[@jacksonwong90]

Malaysia tax cuts , singapore no such thing as tax cuts .

[@shahkittychannel4893]

My electric bill has already increased for a few months. 😂😂

[@edselgreaves6503]

Whats even the point of this budget if there are going to be ao manu loopholes? Not well thought out at all.

[@jasonlimkh9332]

Hahaha, kopitim don't need to wait until next year to increase price, today budget do announcement tomorrow kopitim already increase the kopi/milo ice price 😂

[@LihCheelim]

I am a runner. Perhaps the government can add it sports gear such as shoes / shirt / sports watch / pants into the RM1000 sports tax reduction. Another way is to allow us to claim the registration fees to enter completion races like KL Standard Chartered Marathon

[@msl1689]

Is sports watch really necessary?

[@Bluebeachmango]

Tf lmao

[@ndt2046]

You can already claim fees for joining sports competition up to a certain level. Anyway this is seriously not the most important issue in the country right now. Just enjoy your running

[@anthony.L]

I claim my hiking shoes... Not sure boleh but anyway...

[@TheAshaari]

Cukai naik ada ... Barang keperluan naik.. Buget ni untuk orang kaya

[@realmlee8803]

Ask bangla buy luxury bag can ah?

[@ahhoeg4mx]

u think bangla will help u for free??? haha think again

[@realmlee8803]

@@ahhoeg4mx dunt think so straight..be creative

[@ahhoeg4mx]

@@realmlee8803 be creative by start doing it la why mention it?

[@realmlee8803]

@ahhoeg4mx what's yr problem? Sick go and eat medicine..i didnt ask for yr comment..

[@82junxi]

The tax refund will be done at the airport maybe near the departure hall. They will have a custom counter to do so like other airports in Hong Kong and London. Gov won't let shopkeeper or retails to do the tourist tax exemption to avoid abuse. This is an existing tax exemption system.

[@WingsHype]

NO WONDER FOREIGN INVESTOR FLIGHT LA

[@kamaruleffendi]

Lim Guan Eng's decision to downgrade LRT3 was so stupid

[@cac1504]

Foreigners still enjoy our subsidy - Singaporeans get cheap petro, Thais get cheap cooking oil. Where is the enforcement?

[@passwordnrg]

we should stop complaining but think bout how to save money

[@goldengoblet9339]

The middle man are taxed so it will still end up on your table

[@roticanai7404]

PH supporters still give hopes to this madani government.. Trust me our ringgit will be like harga rahmah..and our economy drop because incompetence ministers to manage our economy/country...

[@azben7986]

Ni pandangan saya la yang pasal kerajaan mansuhkan harga siling telur dan ayam. Pada saya ianya satu langkah yang positif. Biar pasaran sendiri yang akan tentukan harga "supply and demand" akan berlaku. Tak guna letak harga siling rendah² tapi tiada bekalan di pasaran hari² kena rebut kat pasar semata mata nak beli ayam dan telur. Kita akan lihat nanti. Bila harga telur dan ayam dapat di jual dengan harga yang untung pasti penternak akan melipat gandakan bekalan dan mungkin akan mewujudkan lebihan bekalan dan kita akan dapat lihat harga yang stabil tetapi kena terima hakikat bahawa harga telur/ayam dah tak seperti dulu. Pasal masalah golongan b40 yang mungkin tertekan untuk membeli keperluan telur/ayam yg semakin mahal, nampaknya kerajaan sekarang telah memulakan langkah seperti kerajaan najib razak dahulu iaitu meningkatkan bantuan dan seumpanya untuk golongan ini.

[@adamiskandar5107]

Berbanding dgn Kerajaan Najib, Kerajaan Madani ni, tak korup. Ini sangat penting untuk betul2 tolong golongan B40.

[@mrbumiputera]

supply and demand tak berlaku dalam negara kita. bisnes owner dah team up untuk kawal harga tidak jatuh tapi bagi naik. ingat masa pkp harga sayur jatuh tapi peladang lupuskan sayur supaya tidak terlebih dalam pasaran. kebanyakan bisnes owner tak jujur dan memang tak jujur langsung kalau kita harap supply and demand ni terjadi macam eropah yang mereka lebih jauh jujur meniaga. kalau aku sebut nanti kata rasis tapi itu terjadi dalam ekonomi bila hanya satu kaum kuasai ekonomi. nak berniaga cara jujur dalam malaysia ni adalah mimpi (day dream). hampir semua jenis perniagaan ada kaitan dengan money laundering. puak yang cuci duit akan lingkupkan bisnes pesaing dia. mereka boleh jual harga bawah modal sebab nak hapuskan saingan dan kekalkan harga pasaran tinggi. sebab tu aku kata nak meniaga cara jujur dalam negara ini hanya impian. semua orang politik dan puak cuci duit pegang ekonomi.

[@mrbumiputera]

lucu tak korup, awal-awal dah angkat 47kes mahkamah jadi TPM. tolong B40? semua tu bual kosong je. kata najib rasuah rakyat guna BR1M tapi guna konsep sama utk gula-gulakan rakyat kira suci. hanya pentaasub sahaja kabur mata@@adamiskandar5107

[@sagan08]

@@mrbumiputera finally bro, ade juga yg tak naif mcam geng2 yg komen ni....smua dh kaotim belakang tabir

[@DIRAVIdude]

As a market libertarian, I'm opposed to price controls and anything over and above the bare minimum tax necessary for the government to provide essential government services- i.e. free, quality healthcare and education as well as the protection of the personal and property rights of the rakyat and finally the security of the nation and of the rakyat. In this respect the removal of the price caps on chicken and eggs is a good but tiny step in the right direction.

[@SkyLee91]

Actually Anwar can use his brain to think, if SST increase from 6% to 8%, raw material also need increase right? Nasi lemak Food SST not increase, but the oil, ikan bilis, telur, ayam also will increase right? So end up also increase mah.

[@hopiuscoliun6746]

For the capital gain tax, as it applies to stock too, then it made me wonder, what if I bought a certain share of stocks, then I sold it for a loss, since the tax only says I must pay 10% on the capital gain and since my capital gain is negative in this case, does this mean the government pay me that 10%?😂😂

[@pangpang7202]

It only applies to non listed shares. That is why government is spending more education. 😂😂😂

[@azfarsapiee4303]

clearly not as you had no "gain"

[@hopiuscoliun6746]

@@azfarsapiee4303 got gain mah, just negative gain

[@kayrelzin5606]

What if u bought stocks for 100k and sell it at 110k, but bcoz of the 10% tax its still a loss so how😱😱😱

[@pangpang7202]

@@kayrelzin5606 capital gain......100k is not gain. 10k yes. 10k of 10% is taxable.....😂😂😂 And what more, no capital gain on listed shares.

[@kayrelzin5606]

Prolly by the end of 2026 1usd=rm8😂

[@chongweiwithathan2785]

bruh sst just announced that 2% increase and AEON fkin increased their stuff by RM2 LOLLLLLL FML

[@davidong4785]

The EPF move...is damn bad.

[@TheAshaari]

B40 dapat lepas kena ambik duit.. Telur dgn ayam harga terapunv

[@rizqdanniel824]

To me.. Better open an account and saving in overseas like Singapore - CIMB Singapore account and Maybank Singapore account RM devaluation and price are SKY rocketing.. Coz there is no hope in Malaysia coz the leader is hopeless Not addressing the issue at all Light is on but nobody home

[@Seramics]

PM Anwar has been doing pretty alright so far. Idk where u get your impression from. Maybe you prefer PAS leadership and you want Msia to become more like Kelantan.

[@gloeug7971]

How to open account in Singapore if you are not Singaporean? Unless you have “loads” of money in your Malaysian account and you can get recommendations from your local bank to be able to open a CIMB or Maybank account there. . So therefore you must be damn rich. Do tell what are the ways. Cheers.

[@kaypuichun1746]

Money laundering

[@newbie_33]

@@Seramics well, PM Anwar have the intention to invite PAS though 🤔

[@rizqdanniel824]

@@Seramics im not preferring PAS nor PMX But what choice do we have!!.. yeah he is doing alright..but not that kind of alright Malaysian need the most..

[@eugp4198]

Having invested in properties over the last 18 years, I can say that LRT has ZERO effect on property appreciation. At the end of the day it depends on the amenities, surroundings and road accessibility.

[@silver-box2450]

Chicken and Egg price ceiling removed , what they are thinking????? For the long term this is not a good for everyone. Supplier & Retailer can have a excuse sky the damn price? The inflation already hit hard. The High price sky , some of the people willing to buy at the high price , then the price will keep high and higher.

[@adamiskandar5107]

The subsidy problem must be tackled sooner or later. I trust that the current Economy minister, Rafizi Ramli is capable of formulating the right policies to solve the problem instead of leaving the problem unsolved.

[@jacksonwong90]

You should go live in singapore more suitable for you .

[@rizqdanniel824]

I really dont see by giving cash via STR eventually lift up B40 burden I really dont understand by hike in 8% SST will encourage the economy and cancelling ceiling price for chicken and eggs does help Malaysian? What the rational here… EV rebate 😂😂😂

[@muhaiminibrahim35]

you selling company 50k for 1mill of course consider as t20 already, t20 got tax la :D

[@norezuanshah]

Everybody and their ma know GST is better, why still insist with SST? Increase to 8% some more? Malu, right..? with ABCDGST song and whatnot. If malu, just tukar the name sikit2, like STR (aka BR1M) etc, etc.. then malu no more.

[@MM-xd2gq]

Float egg & chicken prices What the hell is Madani thinking The rakyat are already suffering, cant they see !!

[@lplp7656]

True , as a graduate of economics myself , and looking into real scale of current living reality climate in Malaysia, this budget is seriously Madanigagal. Removal of eggs/chicken will cause a surprise spike in price due to be more exp. Ur Gerai Gerai makcik nasi lemak already earn so punny, now Gerai kecil makcik sell nasi lemak telur Ayam goreng will never be cheap because of this removal. Middle classes not get any form of help = they are most affected. Middle classes heading to the downward spiral to less disposable income . B40 - the fact the income is less , living poor conditions , whatever u buy , u gonna get taxed 2% extra. Even more poorer .