One of the greatest moments everyone is waiting each year will be the Budget announcement. The Budget 2008 will be presented by Malaysia premier Badawi this Friday, 7th Sept 2007. The corporate as well as individual will be waiting anxiously to know what the goodies are that Badawi will bring to the table.
With the general election around the corner, it is expected the one-term prime minister will give away more sweets to calm unhappy voters who have been burdened by government policies which caused escalating cost of living and hardship in other ways. Experience has taught the ruling government that small giveaways could do wonders in attracting voters to re-vote the government again in the next election.
Hence, FinanceTwitter has posted the “Poll” in order to gain readers feedback on what you hope to hear from the Budget announcement this Friday. The poll is located at the right-side of the blog’s navigation titled “Take a Break and Vote”. You can either choose the pre-selected choices or you can enter your own at the last option (other).
Meanwhile, the Malaysian Institute of Accountants (MIA) and the Malaysian Institute of Taxation will operate a budget hotline on Sept 8. The hotline, to operate from 9am to noon, will provide a channel for the public to seek advice from tax experts on the implication of any changes to the income tax law affecting individuals and businesses. And the number is 03-2274 4447, not a very prosperous number.
By the way, have you seen how Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000) stock price jumps more than 12% this morning after the former chairman, Ling Liong Sik resigned yesterday?
Other Articles That May Interest You …
- Ling Liong Sik Resigned (or Fired?) from Transmile
- Budget 2007 with New Tax on Everything – GST
- More Signs General Election is Nearing
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September 4th, 2007 by financetwitter
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