Local note slips to 4.4520/4565 against dollar

New Investment Policy expected to attract more investments in high-impact sectors

DPM laments need to import material even though country remains world’s largest rubber producer

B40, M40 winners due to RM8 bil cash handouts, middle-income tax cut expected to boost consumption, it says

Private consumption expenditure expected to increase steadily by 6.1% in 2023, it says
M’sian Association of Hotels proposes electrical tariff moratorium, stimulus package for hotels

Minister says transparency in special-purpose vehicle’s management to be discussed
Total individual investment limit of ASB, ASB2 to be raised to RM300,000 from RM200,000
Govt will also increase monsoon aid from previous RM600 to RM800 this year
Engineering and construction firm to actively invest in workforce training and upskilling

Govt will also allocate RM50 mil for building, upgrading 3,000 stalls, kiosks
PM announces reprieve for those declared bankrupt with upcoming amendment to Insolvency Act 1967
