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Showing posts from April, 2017

1 Malaysia Programs

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1Malaysia programs are mostly to help our national citizens regardless to low income citizens. The programs are listed as below: 1. “Bantuan Rakyat 1 Malaysia” (BR1M) “Bantuan Rakyat 1 Malaysia” is also known as 1 Malaysia People’s aid started on 2012 as part or Barisan Nasional Government effort to assist the low income earners in Malaysia. “Bantuan Rakyat 1 Malaysia” or BR1M program is devised by our Prime Minister Datuk Seri Najib Tun Razak. This program is a part of Government effort to minimize people burden of the lower income group to cushion the high cost of living in Malaysia. BR1M is also part of Barisan Nasional Government Economic Transformation Program (ETP) to turn Malaysia into a high income nation. The implementation of BR1M program was announced by the Prime Minister Datuk Seri Najib Tun Razak since 2012 budget presentation. The government will give a onetime RM 500 BR1M assistant to eligible rakyat as part of Barisan Nasional government’s effor

Malaysia Towards a High Income, Inclusive and Sustainable Economy by 2020

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    The Malaysian Government have plans and schemes to accelerate economic growth within five-years’ time. The Government plans to increased multi-factor of productivity which to increase the growth of GDP up to 40%, while that of capital is expected to be reduce to 44% and 16% for labor . Higher productivity growth could be achieved through comprehensive initiatives at all levels and championed by industry players. To raise industrial productivity, innovation ecosystem will be enhanced to elevate productivity through new or improved processes and technologies.        The Malaysian government has released its eleventh economic development plan for the years 2016 to 2020 with ambitious  economic plans, it details the goals and future implementations of the various strategies that will be implemented in the coming years in accordance with the ultimate goal to make Malaysia a high income economy by 2020.     The eleventh economic plan for Malaysia identifies six "Str