Malaysia's government revenues is heavily dependent on its citizens. One factor that is even missing out is GST. Do you think the government should return the GST Tax to support government operations? Let us know down below!
@@ahmadzakimohdnor6339 oh wow this time rakyat wanted GST xD if you want to make your country richer! and since many complain about budget 2023 although we got more from last year, that should be remove also ;-; idk what rakyat want actually
Apologies for the use of Najib's face in some segments. We are aware of 1MDB as cited in many of our previous videos. We should have mentioned it here and how it (would) affect the goverment. We will make sure to address it properly next time.
Dont worry u guys also a human and we always do something wrong from what we expected.Atleast u told us and apologies so its okay cuz not everybody gonna reveal their mistake🤍
The idea that 1MDB was created by the government was originally to prevent the monopoly of large companies on projects in Malaysia... but the way it was managed was disputed...
Bruh, you gotta chill. 1MDB was created for the good purpose. And it's still profitable with multiple assets. It was Najib's brainchild just that it was mismanaged with financial fraudulent & now he's in jail but the other individuals who involved still walking freely, so Najib is more like a political victim in a way. However under Najib's premiership there were many domestic/foreign policies, educational/SME opportunities, and many welfare programs created. Moreover many economic boosting projects, initiatives & policies were started during Najib's premiership. He did tonnes of great things for Malaysia & Malaysians. The one commenting as if they're sound disappointed are just a mere bunch unappreciative Malaysians that hating Najib eventhough he did tonnes of great things. They whine around about corruption, bribe, integrity & abuse of power but also they support the other political component called PH that don't even follow all these. The reality is they just hate Malay leadership & also having Malaysia as an Islamic state. Even the PH government they voted, can't achieve more than 4.6% GDP growth in any Quarters they were governing for 22 months, which didn't even surpass Najib's last Quarter of 5.2% growth when he was the Prime Minister. Just ignore them and their drama, they're just bunch goons. Keep continue throwing the facts, you're already doing pretty good. 👏🏼👏🏼👏🏼
Najib is not the exception but the norms that have been practiced for more than half a century. His techniques have been used by UMNO ever since UMNO's birth.
Admin….you forgot that largest non tax revenue to the Malaysian Government comes from Petronas, which is the largest company in ASEAN & one of the largest in Asia. It contributed around RM50 billion in dividends to the Government’s coffers in 2021.
@@TheDonMan97 World Bank has already announced it in its report. IMF has also confirmed it. Malaysia will be the second developed nation in Southeast Asia after Singapore.
@@bukitkatilmp yeah but some Malaysians are so bought into this narrative that we are going bankrupt and will be overwhelmed with corruption they fail to see the plus side of the country. Guess some politicians managed yo convince these ppl. Yes, there maybe corruption but so does other countries. Lets focus on the positives, well the IMF did!
Malaysian government always has a back up plan in case of debt, as it has three of the most powerful corporations in the world - Petronas, PNB and EPF which in total has about USD 1.5 trillion in revenue.
First of all, that's wrong. If you talk about assets and I mean cash, these 3 entities probably max. RM1.5 trillion not USD. Temasek + GIC alone already has almost close to US$1.5 trillion, in USD excluding even CPF. This shows a good governance unlike UMNO who not only can't govern well, but, corrupt. Thank you
@@leealex24 Singapore3 I am getting sick of hearing it. Cant you people choose other countries to compare to Malaysia for once. Are u telling me because Malaysia has 4 times lower debt than Japan means we are far better managed than Japan. Because our debt are far lower than Europe or America we are a better managed country? What is this obsessive needs with Chinese to compare Singapore with Malaysia? I don't get it. If you want to be a Singaporean wannabee so much, go and do it. I don't care, just stop these silly comparison games.
We as neighbours are supposed to friends or at least trying to be civil to one another. Have you ever seen Canada wishing the US to fall apart? Or Portugal praying for Catalunya to cede from Spain? It is that kind of mentality allows European countries to move forward instead of clinging on past grievances. I’m sad to see us ASEANs bickering over the past…especially Indonesians.
Correct, ASEAN should become unified. Indonesia as a big brother should start the unification process soon, either that or declaring war, and being the biggest military equipped country from the entire region.. It should be easy for Indonesia.
Wow, lost your brain? 😀 The Indonesian government is always relaxed bro We still remember thailand goverment help us in 1947 when we were at war with dutch. The king of Thailand also admits that their culture is influenced by our culture such as the wayang batik gamelan angklung We also remember philipines as good friend since 1950 and no dispute about line border. we don't even have dispute line border with png and australia So, do you have mirror ? only the Malaysian government has a lot of problems with Thailand, Philippines, Indonesia, Singapore, right ?
@@honor9lite1337 because of fear like this that is why Singapore is well equip too. it's stuck in the middle between Malaysia and Indonesia. For malaysian army is not that big. we don't even have Marine soldiers, only navy police.
There are of course Bumiputra and hidden Alibaba in every government department and checkpoints. All add to the cost of the supposed Free Market. That is why there is no homegrown business except taken from the land and Jungle, swiftly distributed among the Rajas.
Malaysia don't have to make money. All drop down from heaven. So many natural resources and very very very fertile land and sunshine all year round. However, all past administrations are just too corrupted !. But not anymore now with the new administration under the beloved prime minister ANWAR IBRAHIM !. MALAYSIA WILL BE THE RICHEST COUNTRY IN THE WORLD !.
Masalah nya masa GST dulu bila mintak balik tax returns tengok dah kena abuse walaupun dalam undang undang dah cakap tak leh guna. GST boleh, tapi orang politik ni suka buat hal hal yang korap. Nak kena ada independant third party untuk monitor GST kalau tidak jadi macam masa najib la, 6% tapi bila nak tax return kena delay sebab "duit tak cukup".
Great stream, as always. I appreciate the level-headed approach you take to the news and the markets. . A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because ROBERT RUSSEL DANIEL got me cover as I am comfortably making $150,000 monthly.
ROBERT DANIEL helped me to understand technical analysis, now I can examine the current chart and predict which way the market will go, he is definitely the best pro trader I know..
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Looking at the price action it’s better to buy and trade as we can see stable coins moving marginally while making controversial bullish signal for volatile coins, trading is the best move right now.
I hope malaysia can follow thailand and singapore. If we become more strict, increase taxes, tolls, take summons very seriously especially roads related, we can increase more in GDP
Absolutely not to increasing taxes. The examples of America and Europeans have proven that taxes restrict GDP growth. California the highest tax rates in America has the highest homelessness rate while Texas & Florida with zero income tax have one of the lowest homeless rates. I used to live in California, it was a nightmare. There is no need for increase taxes & tolls. What we have is already good. What we can do is to reduce corruption, provide the most business friendly & the most efficient business environment as possible so that our businesses can thrive and we can attract more FDI.
@@secrets.295 cool information. Its good to increase GDP for the country and if we manage to increase GDP by attracting DFI alone, thats good rather than increasing the tax systems right ? Its also seem the best way and a win win situation for the citizens and government.
As a emerging economy, Malaysia is pretty rich and doing well. PNB + EPF + Khazanah has about US$400bn assets thats just public funds excl others. It could have been more if it was well managed and no corruption. If Malaysia is managed like Norway, I think Malaysia would have US$1tn - US$2tn sitting on public funds.
BN under Najib Razak has delivered more than 99.4% of GE13 manifestos and was expected to deliver the GE14 manifestos too. Despite a short time, Najib has created MRT, Pan Borneo Highway, new ports, High speed rail, TN50, billions of investments, cash handouts, low cost housing, new merdeka tower, East Coast RAIL, subsidized hajj, more funding for chinese sch and indian temples, created 3 million jobs, digital free trade zone, projek PPR, PR1MA, 1 Razak mansion, affordable homes, 6.2% economy growth, highest tourism numbers, Indian blueprint, saving Proton and MAS, removal of tolls, more funding for young entrepreneurships and many more.. This is despite PH committing economic sabotage of the country. wHAT has PH done to improve the lives of Malaysians apart from instigating the rakyat to hate Najib and only give empty promises and lies plus more u-turns?
@@jameslim3850 yea bot brain. prima project is a huge failure, high speed rail was overpriced , pan borneo highway almost didnt work out (overshot their budget as usual) , proton didnt got save but it got bought up by another entity ie not saved by anyone, mas is still struggling, what improvement to lives with hospital slowly crippling itself to death with not enough staff (doctors, nurses, ma , ppk ). u sir are a robot in disguise. go back to cybertron
I remember this video has post 2 month ago .. and they is one person who working with HSBC mention at comment section : " ..Malaysia government asset at oversea is more than 1.5trillion USD ... "
Well, Malaysia makes money just like anyone else. Just follow the GDP formula, but I think moving forward the "I" component will do very well, and outperform.
its due to covid pandemic. extra 20 bn is used to prompt up the economy to its glory period before covid and financial support for everyone that are affected by the pandemic. compare to other nation, Malaysia is among the lowest deficit budget at only 20 bn at around 18%.
A great report but unfortunate lacks accuracy and contemporaries! Malaysia is a very fortunate country and has resources over resources as one fall: tin, rubber, cocoa, and now crude oil and palm oi. However, over the last 30 years the government has high level of corruption and scandals, like BMF, Perwaja, submarines, 1MDB etc; much of such ill gains have long been parked overseas. The coffer is now filled with domestic and foreign debts though not to the extent of bankruptcy but would stifle economic investments and innovation for another one to two decades. Further, as the affirmative policy is along the line of race, many talents have migrated to other nations over the years which is another blow to scientific development, economic innovation and capital retention. A great nation but is at the crossroad of ethical politics.
dont depend on the prices ,malaysia gov do so to protect its own malay citizen,they subsidies the malays with lower house buying cost. Meanwhile the money spend on education has all gone to singapore
10:00 -10:27 This narrative implies our civil operates relatively effectively. But I prefer if civil service operates optimally (effective and efficient). Its the politicians who need to buck up. Every time I watch a parlimentary RUclips video, I see a comedy show in bad taste.
Malaysia must make a hard choice....institute GST.... BUT JUST FOR 5 YEARS....the same length of time for the next government to govern....this will reduce debt significantly... The question is....will the next government dares to carry it out.....election season is now here....
Everytime you change the taxation system, price of goods will rise. This should've been temporary, but it wasn't. The problem lies in the massive list of exceptions with the implementation of GST last time. It came to the point that the income from GST couldn't keep up with its administration cost (the people and the systems needed to keep it running). As a result, while the income from GST is projected to be big, it's cancelled by its own administrative costs. GST is an 'implement and forget' type of taxation. You shouldn't need to think if something needs GST applied or if at some level GST would be refunded.
Current investment profit come from previous najib government.. The current government is useless we didn't see any improvement during their ruling all you can see is price soaring high..
its really not, GST is good for the country but it burden the people especially when they have a lower average household income...investment for education is the way government choose to invest for the countries future(long term), I mean each group of people in this country would desire a different focus for the countries economy but we're not in some situation that would damage the overall economy if the money were poured more into education. for now I think we're good to be bias for the sake of education development, you need to educate people first to bring about change in the future and I think Malaysia currently on the right track towards developed nation in this region after singapore(of course unless we can surpase singapore education level followed by their economy then we'll probably be the first developed nation in this region)
Investment in education is a good idea. But the devil is in the details, the investment should be in science and math and not others... science and maths improve the employability of the people. No one wants to employ a person who only knows how to recite texts from a book
Video is only HALF correct. If Malaysia is so rich, she would not need to borrow billions from the World Bank to start her sovereign fund that resulted in the 1MDB corruption. Malaysia gets her money mostly from tax, non-tax revenues and the sale of palm oil. These tax and non-tax revenues are just the way the government parasite on the domestic market that is driven very largely by non-Malays. Palm oil is dropping in revenue and unfortunately, the non-Malays has also been quitting Malaysia because of her pro-Malay policies, and that is why the Malaysian Government funds are running very low. Give it another 2 decades and Malaysia will become like East Timor. But before that happens, a civil war will break out.
Before Malaysia Independence, British Empire left chinese and Indian traders, miners and labourers in Malaya as persona non grata. British do not want to bring them into Britain yet their own homeland particularly China 'closed door' on them. They cant return home. Quite a number of them join communist and tried to kill the Malays so they get hold of Malaya. Malays fight back and to solve this problems, The Malays agreed to give these people citizenship as long as they recognized the right of the 'son of the soil'. The right of Bumiputera. This is always overlook by younger generation nowadays. Not right if most non tax revenue were because of non malays achievement. Large palm oil industry are own by Sime Darby and Felda and Tabung Haji. PETRONAS definitely under Malays management. While non malays particularly chinese may good at businesses and trades, they are also well known for not paying tax, hence that is why so many against GST.
I'm sorry but i have to state here, the fact that you keep using mahathir as if he is the one steering malaysia in the right direct over these recent years is truly stupid. Look at the majority election after pakatan harapan took over, all of them return to Barisan National the one that Najib was part of. Ask anyone in malaysia they will tell you that it was hell for the country to be under pakatan harapan. The only ones who don't agree (and i'm not saying based on my assumptions) are paid or people who a grudge with Barisan National. They got what they deserve by turning their party and be humiliated over the last two and a half years pakatan harapan was in power. Also noted Najib was the one that build malaysia back when mahathir's relentless pursuit of building things keep making the country's finance decline. In the short terms that Najib was in power the country experience a true growth and if it wasn't for Mahathir and his blantant lies the country would have been far better. The people suffered when mahathir's party become the ruling government and it finally brought to their collapse. Tell the truth of how mahathir's family wealth corruption who are one of the richest in the country. The 22 years that mahathir spend on the country was outpaced by najibs short terms. Had najib not decline the offer to return to power the country would still be in the light of progress. But it doesn't matter anymore now that the country have return to barisan national. We have a saying for pakatan harapan mahathir's party, that is manifesto kencing
this fella still support najib ' nation embarrassment '...hahah..foundation have been developed year to year by previous prime minister started from tunku..and on Mahathir era this country turned to industrialize country.. the momentum continue on najib era..but unfortunately najib was too greedy and dont know how to hide his greedy..end up he in jail now..frankly speaking i support pakatan overthrown Najib eventhough they just able to make it for 22 month.. 😂
@@ismailmahmud3028 this guy is peminum pakatan tegar. I'm sure if anyone still support pakatan harapan after the insanity they had put the country through is people who have a hidden agenda. The country was in a state of free fall when pakatan was in power having being one of the worst country in the world at that time. Saying that you support pakatan during the 22 months speaks volumes of you and people alike
@@seiwat8564 Tun Mahathir is not evil. You were able to buy petrol nowadays at subsidies price is because of him. Najib steer growth? Oh my, if not because of Tun M corrected the debt left by Najib greediness, we probably become the next Sri Lanka.
Only if Malaysia 's Government practices meritocracy where only those who are good will be given the opportunity rather than based on the race of the person.
Malaysia should stop supply wader to Singapore,That will make Chinese government Singapore suffer and join Malaysia back or buy Malaysia wader with more expensive
If Malaysia stop supplying water then, Singapore cannot export clean water to Malaysia. JB will also suffer. Singapore just have to slow down their industrial activity and everyone will still have enough water. Do you know how many % of water used in Singapore that is imported from Malaysia? Go and learn.
@@hakim304 then tell me why they are still heavily reliant to import treated water from SG? Import from Selangor? Is that possible when Selangor recently suffer from water shortages. I'm not picking a fight, but to put out any blank statement without proper study is foolish
Why would any Sarawakian and Sabahan wanted to downgrade their lifestyle ? Sarawak and Sabah are better with the Malaysia compared to Indonesia and Philippines. Malaysia's Human Development Index, GDP Per Capita, Competitiveness are way ahead of both countries. Not to mention Malaysia's passport is 4th strongest in Asia Pacific just below Singapore, Japan and South Korea. It's either Sarawak and Sabah become anew country of their own or stay in the federation.
Real sarawak belong to banjarmasin... Not melayu.... When times come ww3.. china attack taiwan...n north natuna sea.. We will take serawak back...and filipin take sabah back... Singapore will take johor Muahahahah time is near ..my little rat... Take a meal..and sleep....enjoy your last life.. Before we rise and crush you..
In 2028 malaysia may buy russian millitary setup mig 45 su54 tupolev 2500 nuclrar bomb.. hypersonic messile. Setup super leatge enough to take down 5th biggest economy today in 7 days incase of war
Malaysia's government revenues is heavily dependent on its citizens. One factor that is even missing out is GST. Do you think the government should return the GST Tax to support government operations? Let us know down below!
I think it's should be return and government should be eliminate all the subsidy.
Definitely should implement gst again. It is for the betterment of the country.
@@ahmadzakimohdnor6339 oh wow this time rakyat wanted GST xD if you want to make your country richer! and since many complain about budget 2023 although we got more from last year, that should be remove also ;-; idk what rakyat want actually
decrease gas subsidies, improve public transport will make malaysia a greener country while nt bankrupting the govt
yes we need GST, cause there has been leakages amongst some businesses
Apologies for the use of Najib's face in some segments. We are aware of 1MDB as cited in many of our previous videos. We should have mentioned it here and how it (would) affect the goverment. We will make sure to address it properly next time.
Dont worry u guys also a human and we always do something wrong from what we expected.Atleast u told us and apologies so its okay cuz not everybody gonna reveal their mistake🤍
The idea that 1MDB was created by the government was originally to prevent the monopoly of large companies on projects in Malaysia... but the way it was managed was disputed...
Bruh, you gotta chill. 1MDB was created for the good purpose. And it's still profitable with multiple assets. It was Najib's brainchild just that it was mismanaged with financial fraudulent & now he's in jail but the other individuals who involved still walking freely, so Najib is more like a political victim in a way.
However under Najib's premiership there were many domestic/foreign policies, educational/SME opportunities, and many welfare programs created. Moreover many economic boosting projects, initiatives & policies were started during Najib's premiership. He did tonnes of great things for Malaysia & Malaysians. The one commenting as if they're sound disappointed are just a mere bunch unappreciative Malaysians that hating Najib eventhough he did tonnes of great things. They whine around about corruption, bribe, integrity & abuse of power but also they support the other political component called PH that don't even follow all these. The reality is they just hate Malay leadership & also having Malaysia as an Islamic state. Even the PH government they voted, can't achieve more than 4.6% GDP growth in any Quarters they were governing for 22 months, which didn't even surpass Najib's last Quarter of 5.2% growth when he was the Prime Minister. Just ignore them and their drama, they're just bunch goons. Keep continue throwing the facts, you're already doing pretty good. 👏🏼👏🏼👏🏼
Najib is not the exception but the norms that have been practiced for more than half a century.
His techniques have been used by UMNO ever since UMNO's birth.
Malaysia just need to get rid of some old corrupt politicians
the corrupt politicians now become ministers in the new government
And get rid of those old fossils who don't do work.
Admin….you forgot that largest non tax revenue to the Malaysian Government comes from Petronas, which is the largest company in ASEAN & one of the largest in Asia. It contributed around RM50 billion in dividends to the Government’s coffers in 2021.
@UCqSacAPil744DL6wCETDICQ Your welcome.
Sabah sarawak 5%
Yes, they sponsor Lewis Hamilton for F1 if i'm not wrong
One third of government income come from petroleum
Even Petronas profit had been stolen.
Bravo Malaysia, on track to become a fully developed nation by 2025!
Doubt.
@@TheDonMan97 try read reports from World Bank- plus try to hv an ounce of optimism- and reduce reading twitter🤓
@@TheDonMan97 World Bank has already announced it in its report. IMF has also confirmed it. Malaysia will be the second developed nation in Southeast Asia after Singapore.
@@bukitkatilmp yeah but some Malaysians are so bought into this narrative that we are going bankrupt and will be overwhelmed with corruption they fail to see the plus side of the country. Guess some politicians managed yo convince these ppl. Yes, there maybe corruption but so does other countries. Lets focus on the positives, well the IMF did!
i hope they can renew School equipment in School and And Repair all toilet Before 2025 that the only non politic big problem i can see
Smart #MalaysianGovernment. Malaysians able to buy homes, buy more cars, travel out frequently and eat eat eat. What a comfort.
Malaysian government always has a back up plan in case of debt, as it has three of the most powerful corporations in the world - Petronas, PNB and EPF which in total has about USD 1.5 trillion in revenue.
Hello, do you even know how much is $1 trillion?
belum lagi Zakat Malaysia. berapa billion ntah dapat setahun lupa pulak.
First of all, that's wrong. If you talk about assets and I mean cash, these 3 entities probably max. RM1.5 trillion not USD. Temasek + GIC alone already has almost close to US$1.5 trillion, in USD excluding even CPF. This shows a good governance unlike UMNO who not only can't govern well, but, corrupt. Thank you
Hi bro, I don't think EPF is considered a corporation. It's more likely a pension fund. You might want to clarify the currency too.
@@leealex24 Singapore3 I am getting sick of hearing it. Cant you people choose other countries to compare to Malaysia for once. Are u telling me because Malaysia has 4 times lower debt than Japan means we are far better managed than Japan. Because our debt are far lower than Europe or America we are a better managed country? What is this obsessive needs with Chinese to compare Singapore with Malaysia? I don't get it. If you want to be a Singaporean wannabee so much, go and do it. I don't care, just stop these silly comparison games.
We as neighbours are supposed to friends or at least trying to be civil to one another. Have you ever seen Canada wishing the US to fall apart? Or Portugal praying for Catalunya to cede from Spain? It is that kind of mentality allows European countries to move forward instead of clinging on past grievances. I’m sad to see us ASEANs bickering over the past…especially Indonesians.
Correct, ASEAN should become unified. Indonesia as a big brother should start the unification process soon, either that or declaring war, and being the biggest military equipped country from the entire region.. It should be easy for Indonesia.
@@honor9lite1337 ya ya Indonesia Indonesia.We know ur country was big but its doesnt mean that the big one must be the leader
Wow, lost your brain? 😀
The Indonesian government is always relaxed bro
We still remember thailand goverment help us in 1947 when we were at war with dutch.
The king of Thailand also admits that their culture is influenced by our culture such as the wayang batik gamelan angklung
We also remember philipines as good friend since 1950 and no dispute about line border.
we don't even have dispute line border with png and australia
So, do you have mirror ?
only the Malaysian government has a lot of problems with Thailand, Philippines, Indonesia, Singapore, right ?
@@honor9lite1337 hatred is controlling you brother.
@@honor9lite1337 because of fear like this that is why Singapore is well equip too. it's stuck in the middle between Malaysia and Indonesia. For malaysian army is not that big. we don't even have Marine soldiers, only navy police.
some malaysians find it hard to get jobs in malaysia because most of the time they are overqualified for the business
That ExPM Najib has been jailed
So?
Are his wife still purchase new hand bag yet ?
There are of course Bumiputra and hidden Alibaba in every government department and checkpoints.
All add to the cost of the supposed Free Market. That is why there is no homegrown business except taken from the land and Jungle, swiftly distributed among the Rajas.
Malaysia don't have to make money. All drop down from heaven. So many natural resources and very very very fertile land and sunshine all year round. However, all past administrations are just too corrupted !. But not anymore now with the new administration under the beloved prime minister ANWAR IBRAHIM !. MALAYSIA WILL BE THE RICHEST COUNTRY IN THE WORLD !.
SST senang tipu .. bisnis dah untung bagitau rugi elak cukai…. Kalu GST …jangan harap lah .!! Itu yang derang tak boleh terima dulu.
Masalah nya masa GST dulu bila mintak balik tax returns tengok dah kena abuse walaupun dalam undang undang dah cakap tak leh guna. GST boleh, tapi orang politik ni suka buat hal hal yang korap.
Nak kena ada independant third party untuk monitor GST kalau tidak jadi macam masa najib la, 6% tapi bila nak tax return kena delay sebab "duit tak cukup".
GST pun boleh tipulah,
@@hawaandroid2786 nak tipu dia amatlah susah. mintak audit skit terus kantoi. SST kau bole bagi banyak alasan nak putar belit
Selagi PM yg sama. Semua boleh tipu.
Great stream, as always. I appreciate the level-headed approach you take to the news and the markets. . A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because ROBERT RUSSEL DANIEL got me cover as I am comfortably making $150,000 monthly.
How can I reach ROBERT DANIEL?
ROBERT DANIEL helped me to understand technical analysis, now I can examine the current chart and predict which way the market will go, he is definitely the best pro trader I know..
Daniel has been helping alot of people recover their losses from the crash with ease, he's all we need right now.
I'm also a proud beneficiary! I've built my portfolio massively and still building. Started with a RUclips referral just like this and a few thousands. I'm way up to the profits now.
Looking at the price action it’s better to buy and trade as we can see stable coins moving marginally while making controversial bullish signal for volatile coins, trading is the best move right now.
I hope malaysia can follow thailand and singapore. If we become more strict, increase taxes, tolls, take summons very seriously especially roads related, we can increase more in GDP
Absolutely not to increasing taxes. The examples of America and Europeans have proven that taxes restrict GDP growth. California the highest tax rates in America has the highest homelessness rate while Texas & Florida with zero income tax have one of the lowest homeless rates. I used to live in California, it was a nightmare. There is no need for increase taxes & tolls. What we have is already good. What we can do is to reduce corruption, provide the most business friendly & the most efficient business environment as possible so that our businesses can thrive and we can attract more FDI.
Singapore? Yes. Thailand? BAHAHAHAHAHAHAHA...
You do realize how angry the people is if you said increase tax.
@@secrets.295 cool information. Its good to increase GDP for the country and if we manage to increase GDP by attracting DFI alone, thats good rather than increasing the tax systems right ? Its also seem the best way and a win win situation for the citizens and government.
As a emerging economy, Malaysia is pretty rich and doing well. PNB + EPF + Khazanah has about US$400bn assets thats just public funds excl others. It could have been more if it was well managed and no corruption. If Malaysia is managed like Norway, I think Malaysia would have US$1tn - US$2tn sitting on public funds.
Missing the🐘in the room. The illicit outflow of funds is high.
BN under Najib Razak has delivered more than 99.4% of GE13 manifestos and was expected to deliver the GE14 manifestos too.
Despite a short time, Najib has created MRT, Pan Borneo Highway, new ports, High speed rail, TN50, billions of investments, cash handouts, low cost housing, new merdeka tower, East Coast RAIL, subsidized hajj, more funding for chinese sch and indian temples, created 3 million jobs, digital free trade zone, projek PPR, PR1MA, 1 Razak mansion, affordable homes, 6.2% economy growth, highest tourism numbers, Indian blueprint, saving Proton and MAS, removal of tolls, more funding for young entrepreneurships and many more.. This is despite PH committing economic sabotage of the country. wHAT has PH done to improve the lives of Malaysians apart from instigating the rakyat to hate Najib and only give empty promises and lies plus more u-turns?
did you also get the saudi donation?
@@p10rambo What donation? i'm self employed and have my own business. why do i need donation for?
@@jameslim3850 bro nobody cares
@@p10rambo Nobody cares when idiots believe political narrative like Anwar and PH which just destroy Malaysia's future and economy
@@jameslim3850 yea bot brain. prima project is a huge failure, high speed rail was overpriced , pan borneo highway almost didnt work out (overshot their budget as usual) , proton didnt got save but it got bought up by another entity ie not saved by anyone, mas is still struggling, what improvement to lives with hospital slowly crippling itself to death with not enough staff (doctors, nurses, ma , ppk ). u sir are a robot in disguise. go back to cybertron
Sounds like a paradise at the glance, but reality is not same.
still more paradise than most countries. there still a lot area we need to improve.
Padahal sangat sederhana ? SUBHANALOH 💖💖💖💖💖✳️🌟🌟🌟🌟🌟☀️☀️☀️☀️☀️🎯👽👽👽👽👽🎉☀️🎊☯️🍥👁️👁️😎🇮🇩💥💲💸💰🤑💥💯🛤️🛤️🛤️🛤️🛤️🛤️🛤️💥💯🏬🏬🏬🏬🏬🏬🏬🏬🏬🌴🌴🌴🌴🌴🌴🌴🌴🌴💥💯💯💯💯💯💯💯
I remember this video has post 2 month ago .. and they is one person who working with HSBC mention at comment section : " ..Malaysia government asset at oversea is more than 1.5trillion USD ... "
Well, Malaysia makes money just like anyone else. Just follow the GDP formula, but I think moving forward the "I" component will do very well, and outperform.
no wonder malaysia governments and royals living in luxury
Wow 20 bn $ deficit budget ?
Its mean 30 % of expenditure are covered by debt 😀
its due to covid pandemic. extra 20 bn is used to prompt up the economy to its glory period before covid and financial support for everyone that are affected by the pandemic. compare to other nation, Malaysia is among the lowest deficit budget at only 20 bn at around 18%.
@@lizascherzinger9403 indon tu mna faham kak economy 🤣 troll ja tu..
A great report but unfortunate lacks accuracy and contemporaries! Malaysia is a very fortunate country and has resources over resources as one fall: tin, rubber, cocoa, and now crude oil and palm oi. However, over the last 30 years the government has high level of corruption and scandals, like BMF, Perwaja, submarines, 1MDB etc; much of such ill gains have long been parked overseas. The coffer is now filled with domestic and foreign debts though not to the extent of bankruptcy but would stifle economic investments and innovation for another one to two decades. Further, as the affirmative policy is along the line of race, many talents have migrated to other nations over the years which is another blow to scientific development, economic innovation and capital retention. A great nation but is at the crossroad of ethical politics.
dont depend on the prices ,malaysia gov do so to protect its own malay citizen,they subsidies the malays with lower house buying cost. Meanwhile the money spend on education has all gone to singapore
Harta ini dijamen Halal,, ALLOHUA'KBAR 🎯❤❤❤❤❤🎉☀️☀️☀️☀️☀️☀️☀️☀️☀️🎊🌀🌀🌀🌀🌀🍥☯️👽👽👽🌟✳️💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎🏬🏬🏬🏬🏬🏬🏬🛤️🛤️🛤️🛤️🛤️🛤️🛤️🛤️🌴🌴🌴🌴🌴🌴🌴🌴🌴💲💲💲💲💲💲💰💰💰💰💰💰💰💖💖😄😄😄😄😄😄😄🇮🇩🇮🇩🇮🇩🇮🇩🇮🇩🇮🇩🇮🇩🇮🇩🇮🇩🇮🇩🇮🇩
It is belive govt reserve thru IKAS abt RM20 triliun
10:00 -10:27 This narrative implies our civil operates relatively effectively. But I prefer if civil service operates optimally (effective and efficient). Its the politicians who need to buck up. Every time I watch a parlimentary RUclips video, I see a comedy show in bad taste.
New gov only high price
You forgot "Masok Pocket Tax" Lah!
Malaysia once upon a time was one of richest country in asia but having same faith with Philippines because of poor national policies.
Malaysia must make a hard choice....institute GST.... BUT JUST FOR 5 YEARS....the same length of time for the next government to govern....this will reduce debt significantly...
The question is....will the next government dares to carry it out.....election season is now here....
Everytime you change the taxation system, price of goods will rise. This should've been temporary, but it wasn't. The problem lies in the massive list of exceptions with the implementation of GST last time. It came to the point that the income from GST couldn't keep up with its administration cost (the people and the systems needed to keep it running). As a result, while the income from GST is projected to be big, it's cancelled by its own administrative costs. GST is an 'implement and forget' type of taxation. You shouldn't need to think if something needs GST applied or if at some level GST would be refunded.
Naaa most of the foreign investment that come today is during Najib reign
I hope, that: Malaysians; will:-
continue?? TO??
"Work together; to: "GROW"; "BUILD"; Make/create and so on and so 4th!!!!"!!
I ❤ Malaysia.
And yet our currency is still shit. :) Especially when compared to Singapore who Malaysia kicked out because racism.
Current investment profit come from previous najib government.. The current government is useless we didn't see any improvement during their ruling all you can see is price soaring high..
Thank god he's in jail
we have a lot of ways to collect more revenues but politics and populism come first🤦🏻
Agreed! We have many ways to collect tax but if the tax collected is abused by corrupt politicians ... what is the point?
It about the citizens and the best politicians in real economy work it on for the citizens
Even it complicated,the politician in economy with real skill with work it out.
We got SST to replace GST, nothing really change much and our money for education kinda bias though......
its really not, GST is good for the country but it burden the people especially when they have a lower average household income...investment for education is the way government choose to invest for the countries future(long term), I mean each group of people in this country would desire a different focus for the countries economy but we're not in some situation that would damage the overall economy if the money were poured more into education. for now I think we're good to be bias for the sake of education development, you need to educate people first to bring about change in the future and I think Malaysia currently on the right track towards developed nation in this region after singapore(of course unless we can surpase singapore education level followed by their economy then we'll probably be the first developed nation in this region)
Investment in education is a good idea. But the devil is in the details, the investment should be in science and math and not others... science and maths improve the employability of the people. No one wants to employ a person who only knows how to recite texts from a book
WHY'D u put najib's face on it bro
😱
Ikut cakap PH negara kita diambang muflis. Aku setuju dalam BN ada penyakau duit rakyat dan patut dihukum. Tp polisi ekonomi kerajaan adalah mampan.
Behind asean tolong ganti nama
Kenapa
@@Kane_2001 yg di bahas asean mulu coba asia barat selatan tengah kek kan kasian yg dr india bangladesh dll
Video is only HALF correct. If Malaysia is so rich, she would not need to borrow billions from the World Bank to start her sovereign fund that resulted in the 1MDB corruption. Malaysia gets her money mostly from tax, non-tax revenues and the sale of palm oil. These tax and non-tax revenues are just the way the government parasite on the domestic market that is driven very largely by non-Malays. Palm oil is dropping in revenue and unfortunately, the non-Malays has also been quitting Malaysia because of her pro-Malay policies, and that is why the Malaysian Government funds are running very low. Give it another 2 decades and Malaysia will become like East Timor. But before that happens, a civil war will break out.
Before Malaysia Independence, British Empire left chinese and Indian traders, miners and labourers in Malaya as persona non grata. British do not want to bring them into Britain yet their own homeland particularly China 'closed door' on them. They cant return home. Quite a number of them join communist and tried to kill the Malays so they get hold of Malaya. Malays fight back and to solve this problems, The Malays agreed to give these people citizenship as long as they recognized the right of the 'son of the soil'. The right of Bumiputera. This is always overlook by younger generation nowadays. Not right if most non tax revenue were because of non malays achievement. Large palm oil industry are own by Sime Darby and Felda and Tabung Haji. PETRONAS definitely under Malays management. While non malays particularly chinese may good at businesses and trades, they are also well known for not paying tax, hence that is why so many against GST.
USA also has a lot of debt. other developed nations had a lot of debts. Malaysia external debt is low. do more research
I'm sorry but i have to state here, the fact that you keep using mahathir as if he is the one steering malaysia in the right direct over these recent years is truly stupid. Look at the majority election after pakatan harapan took over, all of them return to Barisan National the one that Najib was part of. Ask anyone in malaysia they will tell you that it was hell for the country to be under pakatan harapan. The only ones who don't agree (and i'm not saying based on my assumptions) are paid or people who a grudge with Barisan National. They got what they deserve by turning their party and be humiliated over the last two and a half years pakatan harapan was in power. Also noted Najib was the one that build malaysia back when mahathir's relentless pursuit of building things keep making the country's finance decline.
In the short terms that Najib was in power the country experience a true growth and if it wasn't for Mahathir and his blantant lies the country would have been far better. The people suffered when mahathir's party become the ruling government and it finally brought to their collapse. Tell the truth of how mahathir's family wealth corruption who are one of the richest in the country. The 22 years that mahathir spend on the country was outpaced by najibs short terms. Had najib not decline the offer to return to power the country would still be in the light of progress. But it doesn't matter anymore now that the country have return to barisan national. We have a saying for pakatan harapan mahathir's party, that is manifesto kencing
agreed, GE-15 here we come
this fella still support najib ' nation embarrassment '...hahah..foundation have been developed year to year by previous prime minister started from tunku..and on Mahathir era this country turned to industrialize country.. the momentum continue on najib era..but unfortunately najib was too greedy and dont know how to hide his greedy..end up he in jail now..frankly speaking i support pakatan overthrown Najib eventhough they just able to make it for 22 month.. 😂
@@ismailmahmud3028 this guy is peminum pakatan tegar. I'm sure if anyone still support pakatan harapan after the insanity they had put the country through is people who have a hidden agenda. The country was in a state of free fall when pakatan was in power having being one of the worst country in the world at that time. Saying that you support pakatan during the 22 months speaks volumes of you and people alike
@@ismailmahmud3028 even tunku himself warn everyone about mahathir. He is just pure evil
@@seiwat8564 Tun Mahathir is not evil. You were able to buy petrol nowadays at subsidies price is because of him. Najib steer growth? Oh my, if not because of Tun M corrected the debt left by Najib greediness, we probably become the next Sri Lanka.
Only if Malaysia 's Government practices meritocracy where only those who are good will be given the opportunity rather than based on the race of the person.
Hack a lot of Academic rubbish. This guy does not know what is going on in Malaysia.
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thailand bot
Kathoew
Cucu cicit siam perut hijau yo?
also very good at stealing money
Take commission into politician pocket for next PRU
Malaysia should stop supply wader to Singapore,That will make Chinese government Singapore suffer and join Malaysia back or buy Malaysia wader with more expensive
singaporean reading this rn: ;-;
If Malaysia stop supplying water then, Singapore cannot export clean water to Malaysia. JB will also suffer. Singapore just have to slow down their industrial activity and everyone will still have enough water. Do you know how many % of water used in Singapore that is imported from Malaysia? Go and learn.
You racist malay should go back to indo cave. Luckily singapore gov is not malay gov, otherwise stupid and useless like you and 80% of malaysians
@@endi4654 As if JB can't buy treated water from other Malaysian states or build their own water treatment plant 😅
@@hakim304 then tell me why they are still heavily reliant to import treated water from SG? Import from Selangor? Is that possible when Selangor recently suffer from water shortages. I'm not picking a fight, but to put out any blank statement without proper study is foolish
i hope sabah will back to sulu filipina
and serawak back to brunei n indonesia
salam dari indonesia
my friend filipin
stay strong
We are Sarawak under the British auspices if we leave Malaysia. We like to be ruled by rich countries..not poor countries.
@@jctalha8764 excellent hahaha
Why would any Sarawakian and Sabahan wanted to downgrade their lifestyle ? Sarawak and Sabah are better with the Malaysia compared to Indonesia and Philippines. Malaysia's Human Development Index, GDP Per Capita, Competitiveness are way ahead of both countries. Not to mention Malaysia's passport is 4th strongest in Asia Pacific just below Singapore, Japan and South Korea. It's either Sarawak and Sabah become anew country of their own or stay in the federation.
Real sarawak belong to banjarmasin...
Not melayu....
When times come ww3..
china attack taiwan...n north natuna sea..
We will take serawak back...and filipin take sabah back...
Singapore will take johor
Muahahahah time is near ..my little rat...
Take a meal..and sleep....enjoy your last life..
Before we rise and crush you..
🤣🤣🤣🤣🤣
by stealing land 🤦
I,m sure you Filipinos
@@Kane_2001 he is
@Kadrun indon happy without a government?and what about Malaysia losing to the arbitration ?fools
In 2028 malaysia may buy russian millitary setup mig 45 su54 tupolev 2500 nuclrar bomb.. hypersonic messile. Setup super leatge enough to take down 5th biggest economy today in 7 days incase of war