KUALA LUMPUR, April 15 — The government's latest move to raise the monthly household income eligibility for Rumah Mesra Rakyat (RMR) applications is expected to benefit Malaysians fairly, especially the middle-income group (M40) in owning a house, industry players said.

KUALA LUMPUR, March 20 — Tabung Haji (TH) will continue to provide financial assistance to targeted haj pilgrims even though the full cost of performing the Haj has increased to RM30,850 this year compared with RM28,632 last year.

KUALA LUMPUR, March 1 — Although various parties have criticised Prime Minister Datuk Seri Anwar Ibrahim’s maiden budget, particularly in relation to the expected rise in the nation’s debt, some experts see the unity government’s move as necessary to protect the welfare of the people.

KUALA LUMPUR, Feb 25 — Malaysia should be able to pursue higher economic growth going forward if the government can sustain discipline to ease its fiscal constraints, according to RAM Rating Services Bhd (RAM Ratings).

KUALA LUMPUR, Feb 24 — The individual income tax rate for Malaysian residents will be reduced by two per cent for income bands of over RM35,000 to RM100,000 this year, Prime Minister Datuk Seri Anwar Ibrahim announced today.

By Norrasyidah Arshad SHAH ALAM, Feb 17 — A total of 65,000 units of Rumah Selangorku in the Idaman and Harapan category have been approved for construction from 2018 until now, said Menteri Besar Dato’ Seri Amirudin Shari. He informed that of the number, 24,000 units are in the planning...

KUALA LUMPUR, Dec 15 — After years of serving as the nation’s economic majority, the Malaysian middle class or M40 is now losing ground.

KUALA LUMPUR, Sept 16 — The National Higher Education Fund Corporation (PTPTN) will announce the latest loan implementation method for the M40 (M1) group and laptop loan for the relevant group once it has been finalised.

ALOR SETAR, Sept 15 — The rise in Overnight Policy Rate (OPR) to 2.50 per cent will likely influence Malaysians to reconsider purchasing houses, particularly the M40 group, who may have bank commitments such as personal loans.

KUALA LUMPUR, Sept 15  — Prime Minister Datuk Seri Ismail Sabri Yaakob today announced that the National Higher Education Fund Corporation (PTPTN) loan for students in M40 (M1) group will be increased from 75 to 100 per cent.

KUALA LUMPUR, May 31 — Prices of food and other essential items, which reportedly have shot up by 60 percent, are stirring up concern as the effects are not only being felt by B40 householders but also people in the middle-income category, especially those living in the bigger cities.

KUALA LUMPUR, Aug 6 — The Covid-19 pandemic has had a significant impact on household income and made more people poorer, according to a study conducted by the Department of Statistics.

By Mustakim Ramli SHAH ALAM, July 14 — People in Selangor who are in the middle-income (M40) group have been called to not miss the chance to sign up for the Skim Internet Selangor M40 (SISM40), which offers a yearly rebate between RM120 to RM360. Its manager Muhammad Ismail said to date,...

By Nasuha Badrul Huzaini  SHAH ALAM, June 30 — Registration for the first Selangor Internet Scheme for Middle Income Group (M40) called the SISM40 will start tomorrow (July 1).  The initiative is implemented in collaboration with Telekom Malaysia Berhad (TM) through the unifi service in which...

KUALA LUMPUR, Nov 15 — The government's gross domestic product (GDP) growth projection of between 6.5 per cent and 7.5 per cent for next year, is an estimate based on the expected economic developments in 2021.

KUALA LUMPUR, Nov 9 — The Malaysian Trades Union Congress (MTUC) has called on the government to consider its proposals involving Budget 2021, including the automatic implementation of the loan moratorium on borrowers from the B40 and M40 income categories.

KUALA LUMPUR, Nov 1 — Bank Islam Malaysia Bhd believes Budget 2021, which will be tabled on November 6, will be formulated to take into account the current economic situation that is still fragile even though it has shown encouraging signs of recovery.

KUALA LUMPUR, Oct 25 — Payments for the first phase of Bantuan Prihatin Nasional (BPN) 2.0 which was scheduled for October 26 have been expedited to October 19.

KUALA LUMPUR, Oct 17 — The government must no longer ignore the urgent need to reinstate the blanket loan moratorium for at least another three months for the B40 and M40 groups, as well as the small and medium-scale enterprise (SME) operators, not just in areas under the conditional movement control order (CMCO) but also across the country.