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KUALA LUMPUR, Feb 10 ― Bank Negara will need to review its financing model to make home ownership much easier for the B40 and M40 groups in line with the “One Family One Home” target, Datuk Seri Ismail Sabri Yaakob said. The prime minister said this was among decisions taken at the National...
KUALA LUMPUR, Jan 11 — The Companies Commission of Malaysia (SSM) today channelled a contribution totalling RM100,000 to entrepreneurs in the B40 group who have been adversely affected by the Covid-19 pandemic. Domestic Trade and Consumer Affairs (KPDNHEP) Minister, Datuk Seri Alexander Nanta...
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KUALA LUMPUR, Dec 13 — Around 580,000 households, which were previously in the M40 income group, slipped into the B40 bracket because of the Covid-19 pandemic, said Prime Minister Datuk Seri Ismail Sabri Yaakob in September. Malaysians are categorised into three income groups: the Bottom 40 per...
KUALA LUMPUR, Dec 14 — Middle-income earners, otherwise known as the M40 group, are not spared by the Covid-19 pandemic and many have actually slipped into the lower 40 per cent of the country’s income group. The plight deepens for those who share the duty of caring for the young and...
KUALA LUMPUR, June 6 — DAP secretary-general Lim Guan Eng today questioned the Finance Minister over the latter’s statement that the government will have to compensate banks if it compels them to give out automatic loan moratoriums to the M40 income group. Lim said the banks’ history of...