The Coffee Break

Share this post
The Figures You Need To Know - Malaysia in Numbers @ 20 Jan 2023
newsletter.thecoffeebreak.co

The Figures You Need To Know - Malaysia in Numbers @ 20 Jan 2023

The Coffee Break
Jan 20
1
Share this post
The Figures You Need To Know - Malaysia in Numbers @ 20 Jan 2023
newsletter.thecoffeebreak.co

  • RM2.8 billion has been allocated to Prasarana Malaysia Berhad to spend on improving the train and bus services, including the 25-year-old Kelana Jaya train line that was plagued with incidents and delays.

  • Toll-free rides nationwide on Jan 20 and 21 in conjunction with the Chinese New Year. But there’s no such thing as free lunch - it will cost the government (more like us the taxpayers) RM40 mil. 

  • The northeast monsoon season caused damages and losses of  RM111.95 mil, according to Agriculture and Food Security Minister Mohamad Sabu. It’s an expensive annual ordeal.

  • New year, new tax – Malaysians who purchased goods valued less than RM500 from overseas will be subject to a 10% tax from April 2023 onwards. Don’t be surprised by the invoice later on!

    We help you stay informed - effectively. Subscribe for free to our daily email newsletter of thousands of Malaysians

  • The National Anti-Drug Agency (NADA) recorded a treatment success rate of 70%, with the remaining 30% of addicts experiencing a relapse. 12,212 out of 17,151 individuals who underwent NADA’s rehabilitation programme between Jan to Nov 2022 made a full recovery. 

  • Phase 1 of the government’s cash aid programme for the B40 group, dubbed Sumbangan Tunai Rahmah (STR), costs RM1.67 billion.

  • Employees Provident Fund (EPF) is looking to sell local education assets worth more than RM500 million. EPF wants to wind up its Malaysian education real estate investment trust, Alpha REIT.

  • Serba Dinamik Holdings Bhd’s external auditor could not verify RM12.43 bil of the troubled oil and gas service provider’s assets, liabilities, revenue and expenses.

  • Bank Negara Malaysia maintains the overnight policy rate (OPR) at 2.75%, to the surprise of many, as a 0.25% hike was highly anticipated

Share this post
The Figures You Need To Know - Malaysia in Numbers @ 20 Jan 2023
newsletter.thecoffeebreak.co
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 The Coffee Break
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing