Money Tops Tips Online Guide

Last year our FDI growth was the strongest in Asia and in the first 6 months of this year have already reached RM21.2bil - In 2012, private investment is forecast to climb 15.9%, supported by foreign and domestic investment - GDP in the first 6 months of 2011 was 4.4%, driven by strong domestic consumption - In 2011, the economy is forecast to grow by 5-5.5% - Private and public investment are forecast to increase by 15.9% and 7%, supported by foreign investment, the ETP and 10MP - In 2012, the service sector is expected to grow 6.5%, the construction sector 7% and GDP is forecast to be between 5 and 6% - Budget 2012 allocates RM232.8bil for Government plans, including RM181.6bil for management and RM51.2bil for development - RM29.8bil has been allocated for investment in infrastructure, industrial and rural development - RM13.6bil has been allocated for the social sector, including education and training, welfare, housing and community development ...

Private schools registered with the Ministry of Education will be given incentives including an Investment Tax Allowance. We will abolish payments for primary and secondary education, making these free for the first time in our history RM1bn will be provided through a special fund for the construction, improvement and maintenance of schools. RM50.2bn will be allocated to the education sector so that it can continue to develop talented, creative and innovative people. To enable SMEs to commercialise research products a Commercialisation Innovation Fund totalling RM500mln will be established. The Govt has allocated RM100mln promote innovation including the 1Malaysia Award (C1PTA) for innovative student inventions. Budget focuses on developing human capital, creativity and innovation and 2012 will be the National Innovation Movement year. The real property gains tax will be reviewed so it doesn’t jeopardise the ability of low- and middle-income groups to buy h...