PETALING JAYA: The government will likely continue its cash aid programme in the upcoming Budget 2024 to help ease the burden of the lower-income group, particularly the Bottom-40 (B40) segment.
This is expected to lift the general demand for essential food and beverage products in the country, and as such, should benefit companies in the essential goods business, according to TA Research.
“Against the backdrop of escalating cost and food inflation, we believe that the government’s cash assistance programme is poised to stimulate heightened demand for essential F&B products, particularly among the economically disadvantaged B40 demographic,” it added.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shuttler happy to finish campaign in Hong Kong in good formPETALING JAYA: Shuttler Pearly Tan can finally afford to smile big.
Read more »
Penduduk dakwa banjir kilat terburuk landa Kampung Lepan JayaSeorang penduduk, Hazhari Hamat, 57, mendakwa masalah itu dipercayai berpunca daripada sungai berhampiran yang cetek dan kawasan curam sehingga tidak dapat menampung kapasiti air hujan lebat.
Read more »
Subang Jaya cops confirm receiving report from preacher on slanderous claims in podcast interviewKUALA LUMPUR, Sept 18 — Police today confirmed receiving a report from a well-known preacher regarding slanderous allegations made against him during a podcast interview. Subang...
Read more »
No need for govt-opposition pact: AnalystsPETALING JAYA: Two political analysts have dismissed calls for the government and the opposition to sign a confidence and supply agreement (CSA), saying it will not benefit the nation.
Read more »
Don't take legal action on 'Save Malaysia' rally participants, says HanipaPETALING JAYA: The authorities should not take any legal action against 'Save Malaysia' rally participants, says former deputy law minister Mohamed Hanipa Maidin.
Read more »
YSB raises RM320,000 at Charity Golf Tournament 2023PETALING JAYA: Yayasan Sultanah Bahiyah (YSB) raised RM320,000 at its Charity Golf Tournament 2023 at The Mines Resort & Golf Club, Seri Kembangan, Se...
Read more »