BY KENNETH TEE
Finance Minister Lim Guan Eng tables Budget 2020 in Parliament October 11, 2019.― Picture by Shafwan Zaidon KUALA LUMPUR, Oct 11 — The federal government has announced an allocation of RM20 million to develop the local eSports industry in 2020. Finance Minister Lim Guan Eng said this during the tabling of the Supply Bill 2020 in Parliament today.The 2019 South-east Asian Games will be the first time that esports will be contested as a medal event in a multi-sport competition sanctioned by the International Olympic Committee.
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Budget 2020 to be tabled today | Malay MailKUALA LUMPUR, Oct 11 — Finance Minister Lim Guan Eng is scheduled to table the much-awaited 2020 Budget in the Dewan Rakyat today at 4pm. It will be the second time that he is tabling the country’s annual budget. Many Malaysians have shared their expectations and...
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Budget 2020: Putrajaya says no to reintroduction of GST | Malay MailKUALA LUMPUR, Oct 11 — The Pakatan Harapan (PH) government does not plan to reintroduce the Goods and Services Tax despite trade tensions weighing on the economy. Finance Minister Lim Guan Eng announced this when tabling Budget 2020 in Parliament’s Lower House today. “We do not plan to...
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Budget 2020: Putrajaya to replace PPA mechanism with open market system | Malay MailKUALA LUMPUR, Oct 11 — The federal government will replace the Power Purchase Agreement (PPA) mechanism to an open market system. In tabling the Supply Bill (Budget) 2020 in Parliament today, Finance Minister Lim Guan Eng said this would enable renewable energy suppliers to compete directly in...
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Budget 2020: Fiscal deficit projected at 3.2pc of GDP next year | Malay MailKUALA LUMPUR, Oct 11 — The Finance Ministry said today Malaysia’s fiscal deficit is projected at 3.2 per cent of Gross Domestic Product (GDP) for 2020, slightly higher than the three per cent originally announced in Budget 2019. According to the MoF’s Fiscal Outlook and Federal Government...
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Budget 2020: Bumi economic development stays a key feature in Pakatan’s development plans | Malay MailKUALA LUMPUR, Oct 11 — The economic development of Malaysia’s Bumiputera community will remain a key feature in Pakatan Harapan (PH) growth plans and among areas to be given the most focus in next year’s federal budget. The Ministry of Finance (MoF) said in its Economic Outlook 2020 report...
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Budget 2020 - resilience in the face of challengesCOMMENT | With such a good performance in the economy, the resiliency of the economy is manifested. Pour water into a container full of cracks and holes..Its never gonna hold water no matter you keep pouring till eternity..Attempting to put the plugs on the holes and patching the cracks is not welcomed..So its pointless effort going in vain forever..chedetofficial guanenglim
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