KUALA LUMPUR, Oct 11 (Bernama) — This is a budget that truly reflects the government’s shared prosperity vision, carefully curated to benefit the Rakyat across all major races, and main segments like the SMEs and the B40.
We laud the sharper focus on advancing the nation’s digital transformation, while also ensuring the benefits will be broad-based, enabling all segments of society to capitalise on the country’s enablement of 5G and other new technologies. This is clear from the tax incentives for knowledgebased foreign investors and encouraging a cashless society, to piloting technology like autonomous vehicles and blockchain. As a strong proponent and enabler of digital banking, we welcome the initiative to advance the nation’s cashless agenda by boosting the use of e-wallets, through the one-time RM30 digital stimulus per qualified Malaysian.