News & Reviews:   b40

The deadline for the registration of the PADU database is nearing this week. The Ministry of Economic Affairs pointed out that by registering and updating the information in the main database system (PADU), the T20 high-income group will also have the opportunity to receive targeted subsidies.

Back in July, Prime Minister Datuk Seri Anwar Ibrahim announced an RM100 e-Tunai or eWallet aid to 10 million adult Malaysians. Fast forward to today, the government finally revealed when the eWallet credit would be distributed: December 2023.

The Malaysian Government may introduce a new incentive specific for the B40 group in the country to purchase electric vehicles (EVs) in Budget 2024. Such an incentive was touted by the Ministry of Investment, Trade and Industry (MITI), but will only apply to purchases of e-motorcycles.

By now, the majority of you should know about the RM100 e-Tunai credit handout to the B40 and M40 groups. In preparation for this, YAB Dato Seri Anwar Ibrahim, Prime Minister and Minister of Finance issued a statement online of when we can expect the date.

Previously, we reported on the new initiative by the Federal Government which would provide RM100 of e-Tunai or e-Wallet credits to Malaysians earning less than RM100000 annually. Now, the Ministry of Finance (MOF) has commented on the initiative, saying that it is ready to expedite the e-Tunai's rollout.

Local Government Development Ministry (KPKT) Minister has announced that a total of 1488 residents of the People’s Housing Project (PPR) Taman Bagan Jaya will get free 30Mbps internet access for a 9-month period beginning this February. Its Minister, Nga Kor Ming asserted that this initiative is under the Jendela@PPR programme which will overall benefit 30 PPR projects nationwide.

Last night, the Minister of Communications and Digital, Fahmi Fadzil announced that the B40 group, veterans, Persons with Disabilities (OKU) and senior citizens can now get broadband services with speeds of up to 30 Mbps along with unlimited data. The cost? Just RM69 per month.

The Ministry of Communications and Digital (KKD) is set to announce good news regarding telecommunications to help reduce the impact of rising living costs, especially for the B40 and M40 groups in Malaysia before Christmas. Its Minister, Fahmi Fadzil said that the good news would revolve around internet prices and phone charges in our country.

The Federal Government is set to launch a new residential property financing initiative called ‘i-Biaya’ this Thursday (14 April 2022) which will review the existing housing financial model in our country. With i-Biaya, new methods will be used to determine loan applicants’ eligibility, including their credit or digital footprint.

The initiative, part of the Malaysian Family Homeownership Programme (HOPE) seeks to improve home ownership among the B40 and M40 income groups in our country. Currently, many potential buyers could not own a house despite having a steady income due to them working in the gig economy sector or are self-employed, such as petty traders with no payslip.

YES officially announced that they have unveiled 2 YES PRIHATIN plans to help Malaysian Citizens in the B40 category by offering free smartphones and free mobile data for an entire year. The plans, which are called YES PRIHATIN Learn-From-Home Families, as well as the YES PRIHATIN Learn-From-Home Individuals, will also allow the users to access YTL Foundation’s Learn-From-Home content absolutely free of charge for an entire year as well as an RM50 Shopee voucher to purchase essentials via Shopee.