UNIQUENESS OF GST IN MALAYSIA COMPARED TO OTHER COUNTRIES AND DISTRIBUTION 3 CATEGORY OF GST (BUDGET 2016)

Malaysia's financial position is much better than in other producing countries such as Venezuela, Nigeria, Iran and Russia that its earnings adversely affected by falling crude oil prices. Diversified economy, Goods and Services Tax (GST) and the rationalization of subsidies have helped provide a number of contributions to offset the income, economist said. Besides , the demand for domestic stocks, coupled with greater private investment in the country and the contribution of the sector manufacturing, construction, agriculture and services including tourism also contributes to the national income, they said. GST is a prime example of not only introducing a pragmatic policy but timely for tax widespread use in helping reduce Malaysia's dependence on dividends from Petronas and petroleum-related revenue. GST collection is expected to increase to RM39 billion in 2016 from RM27 billion between April 2015, when executed, and in October 2015 when the Budget 2016 tabled. This contrasts with the contribution from Petronas and oil-related sectors are expected to decline to RM31.7 billion in 2016 from RM44 billion in 2015. An economist from MIDF Research said that the percentage of oil-related revenue to total revenue of the government is expected to shrink further to 14 % this year from an estimated 20% in 2015. Despite the decline in oil-related revenue, he said the country's fiscal deficit will not be affected much, following the government's ongoing efforts to become less dependent on oil revenue. If the government fails to reduce its dependence on oil prices, fiscal and financial markets we will be in a worse nowadays .Malaysia will also experience a revenue shortfall of approximately RM36 billion in 2016, which translates into a fiscal deficit of about 6.1 per cent. The World Bank said Malaysia is a country with limited reliance on commodity exports fuel compared to other countries such as Algeria, Kuwait, Sudan and Venezuela that exports are at or above 80 % . Vice President and Head of Retail Research, Affin Hwang Investment Bank, Dr Nazri Khan said the drop in oil prices have a major impact on major oil producers such as Saudi Arabia, which depends on oil for 70 % of its revenue and Nigeria, the largest oil producer in Africa , In fact, due to the fall in world oil prices, the six Gulf countries in the GCC (Gulf Cooperation Council), namely Saudi Arabia, Kuwait, Bahrain, Oman, Qatar and the United Arab Emirates have agreed to implement the VAT (value added tax, the same as the GST) following the collapse oil prices and the high military costs. However, Malaysia is no longer a major oil producer with the government's efforts to reduce dependence on the oil .Negara has shifted more towards non-oil revenue and the implementation of the GST, among others, helped to partially mitigate the impact of oil price volatility. Brent crude, the global benchmark for crude oil, down three per cent to US $ 30.43 a barrel on Tuesday from the previous day, the lowest level since April 2004. In this case also, Petronas reportedly budgeted oil prices could reach an average of US $ 30 a barrel this year and will be difficult for the oil company in two to three years. According to Nazri Khan, the contribution of oil revenue fell to 20 % under the current administration of as high as 40 per cent in the previous administration. Therefore, he said, the government has managed to reduce its dependence on oil towards a more diversified revenue sources and stable, thereby helping the economy of affected much due to falling crude oil prices. For the GST, he said MIDF Research estimates it can contribute additional revenue of RM20.5 billion for the year. The result will remain the same under the Sales and Service Tax (SST). He said the additional tax revenue to help reduce the impact of lower oil revenues earned last year and if it were not for the implementation of the GST, Malaysia could potentially see a higher fiscal deficit in 2015 and 2016. Nazri Khan also agreed with the government to modify the Budget 2016 which he believes to be the norm in other countries due to reduced revenues caused by falling oil prices. He said adjustment means assumptions before the price of oil at US $ 48 per barrel is no longer tenable and that appropriate changes must be implemented .Perdana Minister has announced that it will modify the budget last week to reflect the realistic situation of global challenges such as the economic slowdown in China and falling prices oil. Recognizing the challenges as outside of government control, Dato Sri Najib Razak said the renovation budget was a pragmatic approach by the government to ensure spending more accurate. Changes would involve, among other things, measures to optimize spending and stimulate domestic demand as well as the role government-linked companies to invest more in the country. Meanwhile, Maybank Investment Bank said in a research note today said the country's oil and gas industry stronger now compared to last year as participants have adjusted the position of the low oil price environment through rationalization of costs, capital discipline and control of cash flow. He said cost reduction and cash flow remains a key initiative prudent industry players this year, while the financial resilience to the quality of attention in the current situation. In addition, Budget 2016 presented by Dato 'Sri Najib Razak on October 23, 2015 has clarified some matters related to Goods and Services Tax (GST) and announced improvements to the tax system. According to Dato 'Sri Najib, nearly 400 thousand companies are registered with the GST, with the surrender or submission compliance rate reached over 90 %. The Government's decision to implement the GST is right, even more so due to the fall in oil prices to over 50% from the level of 100 dollars before. 1) GST on prepaid cards for Telecommunications Services Malaysians who use prepaid telecommunications services will receive a rebate equal to the amount of tax paid, which will be credited directly into their prepaid service account. This step is to begin January 1, 2016 until December 31, 2016. The income tax rate also saw an increase for certain income categories. Here are two categories of income taxes and rates which was announced in Budget 2016: a) Revenues from RM600,001 to RM1,000,000 increased to 26% from 25% b) Income exceeding RM1,000,000 was increased to 28% from 25%. Also mentioned in the Budget 2016 is related to the income tax exemption limit for the M40. Generally, the M40 is a group of people who earn around RM3,860 to RM8,320 per month. 1. Raising the tax exemption limit to RM2,000 for each child aged under 18 years from assessment 2016. 2. Raise the limit to RM4,000 tax relief for individual taxpayers whose spouse has no income. 3. Introducing a new tax relief of RM1,500 to RM1,500 for mothers and fathers to ease of maintenance child support parents. 4. Raising the tax exemption limit to RM8,000 for each child aged over 18 years who are studying at universities in and outside the country began to tax the interpretation of 2016. 5. Raise the limit to RM8,000 tax relief for parents of children with disabilities who are pursuing their studies locally and abroad from year of assessment 2016. 6. Income tax relief is given on contributions Social security schemes from year of assessment 2016 7.Feasibility contribution was increased to RM4,000 compared to RM3,000 per month. 2) Exclusion of GST for Rural Air Services Air passenger transport is the main mode of transportation for rural residents, in Sabah and Sarawak and Labuan. Thus, the domestic air passenger transport services on the route in economy class Rural Air Services exempted from GST. 3) Release of GST and the Cash Rebates And here are some suggestions on tax relief as well as cash rebates GST for entrepreneurs and companies:  GST relief for imports of the goods which have been exported temporarily for the purposes of promotion, research or exhibition.  Release of GST import of equipment worth re-exported temporarily for the purpose of rental and lease such as oil rigs and floating platforms.  Release of GST for the procurement of equipment, training of skills training centers under the National Skills Development Act 2006.  The cash rebate equivalent to the amount of GST paid will be credited to users for activation from January 1st 2016 until December 2016.

MALAYSIAN GOVERNMENT IMPLEMENTATION PROGRAMME TO ENHANCE ECONOMIC AND EARN HIGH IN THE COUNTRY

Lately, the government realized that the essence in implementing the program to national development is not an easy task when there are some people who are not happy with the reins of government in this new millennium. In other words, it is customary and traditional in the world that meet the needs and demands of each party, in any case, and things usually become impossible and not humanitarian. It was a challenge for the government when a spicy dish and criticism often leveled against the royal government. However, various patterns of implementation of the program has been implemented by the government in the country's mission to drive excellence. Therefore, as a responsible government, accountable and deliver on its promises, initiatives and approaches through programs build effectively been taken to improve the economy and generate higher revenue in the country. Along with the implementation of the government program, many achievements have been reached that is supported and reinforced by facts and data collection as well as the numbers that have been filed neatly authentic by the organizer. Anyway, today's government is a government that rests on the ground and berpasak in reality. That is, the government is not concoct all the numbers and digits, or even a government index that has been achieved, nor does it once in a while, pick from clouds were marching, and far away from the sky is blue. Among the major initiatives the government is setting up the Performance Management and Delivery Unit (PEMANDU) under the supervision of the Prime Minister. The main objective of crimson PEMANDU under the National Transformation Policy or DTN, is to oversee the implementation, assess the progress, facilitate and support the delivery and drive the progress of the Economic Transformation Programme .This all implemented to make Malaysia an Advanced High Income Economy by 2020 or early dawn of it. PEMANDU established as a coordinator to assist all ministries. In other words, PEMANDU does not work alone but as a facilitator or facilitator in organizing the implementation of the government's transformation programs in line with the responsibilities of the ministries. Overall, PEMANDU is a unit that monitors the KPI (key performance index) and labor standards Ministry, the Ministry of relevant government agencies. PEMANDU consist of a combination of talents and abilities of the GLC, the private sector and government officials. As a result in the last five years, the implementation of methodologies Big Fast Results in the GTP and ETP by the PEMANDU to transform Malaysia also attracted worldwide attention. The proof, two World Bank researchers, Professor Charles Sabel and Luke Jordan published a research paper entitled Doing Learning 'Being: A Study of Malaysia's Transformation Program certificate containing them about real transformation success in Malaysia. PEMANDU has also been selected as one of the 20 best teams of the Government Innovation at the international level by NESTA, an innovation agency in the UK and Bloomberg Philantrhophies in 2014. Next, to make Malaysia a high income nation pad in 2020, the government in October 2010 launched the Economic Transformation Programme (ETP) to increase the income per capita of US $ 6,700 (RM 23,700) in 2009 to US $ 15,000 (RM 48,000) in 2020 .pendekataan this will be achieved through the establishment of gross national income (GNI) by 6% a year until 2020. ETP focuses on 12 North country Economic Areas (NKEA-National Key Economy Area) of oil, gas and energy, palm oil, financial services, tourism, business services, electronics and electricity, wholesale and retail, education, health, information and communication technology as well as agriculture. Since its inception, the private sector and the business community have been involved in the ETP. In May 2010, Thousand Person Workshop was conducted to help identify the 12 NKEA. The public sector continues to play a huge role when laboratory-labs began on June 2010.Tujuan NKEA is focusing efforts on economic organizations NKEA. NKEA will receive major support from the government including funding, top talent and special attention of the Prime Minister. In addition, policy reforms such as the removal of barriers to competition and market liberalization will be targeted at the NKEA. Achievement of the country also can be seen through the National Key Result Areas (NKRA). In this context, enhancing the role NKRA Rural Development. NKRA formerly known as Basic Infrastructure NKRA to improve rural apparently has a strong financial position and enhance the lives of especially the rural population as a whole. In addition, the NKRA also help fight corruption. Malaysia improved its ranking in scoring position in the Corruption Perception Index of Transparency International in 2013, which ranked 53rd as compared to 54th position in 2012. The success of fighting corruption in the first year of the GTP 2.0 is putting its determination to continue to improve the integrity of public service operations comprehensive. NKRA helped reduce crime in the country. In the GTP 2.0, the Crime NKRA performed well in 2013 with a focus on the crime of burglary and firearms eruption of violence while continuing to implement crime prevention initiatives and to create a safer country. Next, revenue enhancement program (PPP) has also become a discourse to improve the country's economy in Malaysia. This program provides financial assistance and management to enable the target groups to participate in or carry out projects in various sectors of the economy. The goal is to increase family income and improve the standard of living and so remove them from poverty. Assistance is provided in various forms including assets / premises / workshop / space / machinery / equipment aids / materials, training / courses in basic skills, guidance and cost management services delivered through an Implementing Agency. Economic projects PPP focuses on four core areas such as enterprise resource-based economic projects agri / fisheries / livestock project business based economy in a piecemeal, project-based economic activities, services, agriculture-based economy projects / fisheries / livestock. PPP implementation mechanisms implemented by agencies of the ministry, other agencies ministries and departments, non-governmental organizations (NGOs) and local officials. Implementing Agencies (Lead Agencies) ministry is the ministry of Branch Office in state / local agencies and KETENGAH, KEJORA, KEDA, KESEDAR, RISDA, FELCRA, GIATMARA, KEMAS and so on. Synergies with other ministries to make use of their training as an example of cooperation with the Ministry of Agriculture and the agencies under it namely the Fisheries Development Authority of Malaysia (LKIM), Department of Fisheries, Institute of Agricultural Research and Development Malaysia (MARDI), Federal Agricultural Marketing Authority (FAMA ), Farmers Organisation Authority (LPP) and so on.

Article on how does the government protect small and medium enterprises through custom content Trans-Pacific Partnership Agreement (TPPA).

Trans-Pacific Partnership Agreement (TPPA) is a cross-continental agreements involving 11 countries, namely Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States (US) and Singapore. This agreement is still in negotiation since 2010 again. In the Philippines, of 8 chapters out of 29 are being finalized involving the Competitiveness and facilitate business, small and medium enterprises (SMEs), cooperation and capacity building as well as clear rules. This agreement aims to establish a win-win situation among member countries and promote economic development of member countries. TPPA agreement is different from other agreements such as the ASEAN platform and others. TPPA agreement is binding and countries must abide by the contents. Should any member state does not comply with this agreement, it can be brought to justice. In this agreement has been infused matters related to small and medium enterprises (SMEs). TPP is the only FTA that has the advantage to the SMEs in which it has a special section for SMEs, which give detailed emphasis on the needs of SMEs. Nearly 4,000 tariffs will be abolished, including the products of export interest to India such as textiles and clothing, Products Electrical & Electronics (E & E), Chemicals & Petrochemicals, Timber based products, food products and rubber-based products. TPPA give a more open market access for exports, particularly SMEs access to four (4) new markets which do not have an FTA with Malaysia before the United States, Canada, Mexico and Peru. SMEs will have the opportunity to participate in global and regional supply chains for more input will be sought from Member States TPPA to meet the needs of local rules of origin. The implementation of TPPA also affects small and medium enterprises (SMEs). SMEs such as Oldtown White Coffee, Hup Seng, Mamee, Marrybrown, Julie's, Brahim, Bangi Kopitiam and Ramly has long taken the opportunity of the opening of the market through the FTA to expand their business abroad. About 65% of the more than 10,000 tariff codes for the items contained in the Register of Customs (Customs Duties Order) is no longer subject to any import duty. Through the agreement under the Economic Cooperation ASEAN FTA and 13, most of the import tax has been repealed and Malaysian companies including SMEs already compete with foreign companies in the domestic, regional and global. In this case also, the open market has been benefiting Malaysian companies to increase the value of exports in traditional markets, explore new markets and provide new jobs for local people. Currently, Malaysia has a total of 645,000 SMEs and approximately 18 per cent of this amount has been exporting and participating in global supply chains (global supply chain), including in the field of electrical and electronics (including LED), food processing and beverages as well as medical equipment. However, the Government is aware of the challenges faced by SMEs. The various incentives and assistance was provided to enhance the capabilities and competitiveness of SMEs to compete in the global market. Therefore, the Malaysian government is committed to continue to assist the development of SMEs, especially in preparing them to remain competitive. Malaysia Plan 11 (2016-2020) giving special attention to the development of SMEs in the SME Masterplan, designed to build the capacity and competitiveness of SMEs, will be fundamental in implementing development programs focusing on four (4) main areas namely productivity, innovation, entrepreneurship and inclusiveness. Various programs and initiatives for SME development has been prepared to catalyze the growth and development of SMEs so that they can increase the capacity and competing well in the global market. According to Ray Online dated 24 March 2016, the government will organize a capacity building program for small and medium enterprises (SMEs) to improve their capacity in the Trans-Pacific Partnership (TPP). Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed said the program would help SMEs, especially the manufacturing sector, in the face of foreign competition under the trade agreement. According to him, despite the importance and privileges granted to local SMEs covered under TPP, some SMEs in the manufacturing sector may face challenges. There are 645,000 SMEs in the country, and 90 percent were from the services sector. In his view, the majority of enterprises (SMEs) in the services sector covered (under TPP). However, there are 37,000 SMEs in the manufacturing sector and some may face challenges. Mustapa said he would be chairing a committee meeting in the next two to three weeks to examine the issues raised by SMEs as they are ready to handle the TPP environment. Many SMEs have raised concerns about access to government procurement and fair competition from multinational companies with TPP partners have more opportunities. Trade agreement was signed on February 4 in New Zealand by the trade ministers of the 12 member states of the TPP. In addition, the Ministry of International Trade and Industry (MITI) will also help 646,000 small and medium-sized enterprises (SMEs) in the country to compete in the open market under the Trans-Pacific Partnership Agreement (TPPA). Its Deputy Minister Datuk Ahmad Maslan said the effort will be implemented thoroughly in the last two years with the cooperation of all agencies under the ministry before the agreement is fully implemented. According to him, all SMEs in the country had two years to prepare for the TPPA. Furthermore, the capacity should be strengthened through training to become viable and competitive in the market more open. This exercise can be done with the cooperation of the Malaysian Productivity Corporation to improve the production and management of current spending. The Ministry has experienced agency to help SMEs to penetrate overseas markets more effectively after the TPPA executed in 2018. He said his ministry through 46 offices Malaysia External Trade Development Corporation (MATRADE) and 22 officials of the Malaysian Investment Development Authority (MIDA) abroad will help promote their products at the international level. In addition, SMEs will also be assisted to market their products online via a dedicated website which will be created for each of the participating countries. The website will be connected to the main website for e-commerce or e-marketing, which involves 12 countries. The government will redouble its efforts to help produce more Bumiputera SME entrepreneurs who are successful in this country. He said that at present, only 38 percent of the 646,000 SMEs are owned by Bumiputera and the percentage is small compared with the number of Bumiputeras in the country and 90 per cent of the total number of SMEs that do business in the service sector. In addition, the government will launch a program to Promote Export Bumiputera (GEB) to help small and medium enterprises (SMEs) to export their products through any free trade agreement signed by the State. Deputy Chief Executive Officer (I) SME Corporation Malaysia (SME Corp), Isham Ishak said it was to prepare for Bumiputera SMEs were mainly in preparation for the Trans-Pacific Partnership Agreement (TPPA) and the ASEAN Economic Community (AEC) at the ASEAN level. he said the program would begin in 2016 with an allocation of RM40 million fund that will be used as grants or loans, to finance the activities of advisory services that accompany it. GEB program is the result of the government's concerns of indigenous SMEs about their fate how to compete in the ASEAN and TPPA, he told Utusan Malaysia here recently. Isham said again, GEB program will involve the cooperation of Majlis Amanah Rakyat (MARA) to identify Bumiputera SMEs from various fields, with a target of 100 Bumiputera SMEs to successfully export their products in the next five years. He added that Bumiputera SMEs currently do business mostly textiles, services, food and beverages. He also suggested that SMEs are to merge to form a stronger business entities. "Their business has great potential through AEC and TPPA. During this time their products have been exported to the markets of Islamic countries such as Indonesia, Brunei and the Middle East, "he said. SME Corp. an agency under the Ministry of International Trade and Industry (MITI) whose role is to assist local SMEs. Isham Obviously, he was among the team members Malaysia involved in the negotiations and although the team was led by non-indigenous people, but they never ignore the interests of the indigenous during negotiations. Country managed to get the approval of the other 11 TPPA countries to safeguard the interests of the indigenous in the formation of the agreement reached at the beginning of last month. Isham said, next year SME Corp. The company will launch Bumiputera Improvement Program (BEEP) by offering grants to cover up to 70 per cent Bumiputera SMEs shopping to buy new machinery, advertising and research and development activities

1 MALAYSIA PROGRAMS AND LOGO

1Malaysia for Youth, usually stylised as 1M4U or IM4U, is an initiative of the Malaysian Government that encourage volunteering among Malaysian youth. It was founded by Prime Minister Dato’ Seri Najib B Abdul Razak in 2012. The program launched in July 2012 and January 2013, the first group of twenty 1Malaysia ambassadors was announced. Dre1M is an addition to encouraging volunteering, 1M4U offers funds to youth volunteer organisations through the ‘ Dana Sukarelawan 1Malaysia ‘ (DRe1M) initiative. The funds are not disbursed in any set amount, but tend to be low as they are designed for community level organisations. In 2012 only 200,000 out of the RM100,000,000 allocated to the program was used.

“1Murid 1Sukan “ policy requires that each student participate in at least one sporting activity in schools. This policy supports the implementation of the National Education Philosophy which aims to produce a balanced intellectually, spiritually, emotionally and physically. On this basis, each student will be actively involved by participating in school sports activities throughout the year. Policy in line with the National Sports Policy to develop sports in the community and should be started at the school through two strategies Sports for all and Sports for Excellence. Sports activities under the Sport for all is very important in building health, personality and well-being of all students. For Sports Excellence, a gifted student performance and potential to be further developed under the Young Talent Excellence Program, School of High Performance Sports and other sports that could be offered by the school. The one things that way, every student participation in sports is very important as a platform supporting the aspirations of the 1Malaysia healthy, fit, dynamic and cohesive. This policy in line with the Honourable Prime Minister in upholding the spirit of 1 Malaysia.

1Malaysia Development Berhad (1MDB) is a strategic development company, wholly owned by the Government of Malaysia.1MDB was established to drive strategic initiatives for long-term economic development for the country by forging global partnerships and promoting foreign direct investment. 1MDB is currently involved several high-profile projects such as the Tun Razak exchange, Tun Razak Exchange's sister project Bandar Malaysia and the acquisition of three Independent Power Producers. In 2015, allegations were made in several newspapers, including the Wall Street Journal, that the organisation had been used to siphon state funds into the accounts of Prime Minister Najib Razak, and people associated with him.1MDB focuses on strategic development projects in the areas of energy, real estate, tourism, and agribusinesses. On 30 September 2009, 1MDB and its strategic partner PetroSaudi International Limited announced the setting up of a US$2.5 billion joint venture company, aimed at spearheading the flow of foreign direct investment from the Middle East into Malaysia.. Following that, on 11 January 2010, 1MDB signed a co-operation framework agreement with the Sate Grid Corporation of China (SGCC), with the intention to undertake various energy-based projects in the Sarawak Corridor of Renewable Energy (SCORE) and subsequently become major investors in SCORE. On 18 January 2010, 1MDB signed a co-operation agreement with Abu Dhabi Future Energy also known as (Masdar) to explore clean technology projects and investments, including the possibility of building Malaysia’s first carbon-neutral city. On 13 May 2010, 1MDB as part of a consortium of companies, will jointly undertake a multi-billion-ringgit redevelopment project on the Sungai Besi old international airport, which is now the base for the Royal Malaysian Air Force.

Bantuan Rakyat 1 Malayisa (BR1M) is one of the aid that has been promised by Dato Sri Najib Tun Abdul Razak, Prime Minister of Malaysia in the 2012 budget, RM500 aid will be distributed by the Ministry of Finance, through the LHDN.Cash assistance, one-off, a total of RM500 to households with a monthly income of RM3,000 and below. This assistance is a sign that the government in order to help alleviate the rising cost of living.Categories of eligible households applied to refer to a man or woman who became chairman to members who live at home or head of the family. This includes individuals who are married as children are married and live with their parents. In addition to single parents who have Individual (single, widowed, single mother) single liability; Lonely elderly dependents; and Head of household self-employed also are eligible to apply.

KAR1SMA Program (1Malaysia People's Welfare) that welfare programs initiated by the Prime Minister of Malaysia, Datuk Seri Najib Tun Razak and placed under the Ministry of Women, Family and Community Development (the ministry).KAR1SMA managed and implemented by the SociaWelfare Department (SWD) for the whole country. A total of RM 1.4 billion allocated annually for the success KAR1SMA program benefiting 500,000 beneficiaries include children, people with disabilities (PWDs), the elderly, widows of soldiers and police and community

‘Kedai Rakyat 1 Malaysia’ is a shop operating on a mini market format, which provides various basic necessities at low prices. This initiative was inspired by our beloved Prime Minister YAB Dato’ Sri Najib Tun Razak on his concerns for the low income citizens located in the urban areas.This is also in line with the slogan “Rakyat Didahulukan” which has been mooted by YAB Prime Minister himself. The existence of ‘Kedai Rakyat 1 Malaysia’ will also act as the medium for the Government to control prices and lessens the monopolization of products which has long been dominated by the multinational manufacturers. As such, the multinational companies will be constrained from imposing price hikes without due justification. ‘Kedai Rakyat 1 Malaysia’ will serve the same consumer segment as hypermarkets do, but with emphasis on consumers with basic essential needs. Unlike other regular grocery shops, most of the items sold at ‘Kedai Rakyat 1 Malaysia’ such as rice, cooking oil, milk powder and diapers are packed with the logo of ‘Kedai Rakyat 1 Malaysia’. Currently, the assortments totals almost 250‘Kedai Rakyat 1 Malaysia’ grocery items and the list will increase over time.

PPA1M is an affordable housing scheme for civil servants. The program was launched in early 2013 following the decision of the Cabinet on 30 January 2013 and 27 March 2013 which agreed to review the initiative to allow public servants, particularly the low and moderate income to buy a home, especially in the major cities. On October 1, 2014, PPA1M Unit, PMD established to take over the role played by UKAS, JPM. The establishment of this unit is to give special attention in the planning, controlling and monitoring the program implementation projects PPA1M. With the existence of this unit, the role assumed by the Implementing Agencies PPA1M Unit, JPM. Implementing Agencies are Perbadanan Putrajaya Federal Territory of Putrajaya.PPA1M Unit, Prime Minister's Department, acting as Coordinating Agency and the implementation of the program as well as the Implementing Agency. Other implementing agencies are the Putrajaya Corporation (PJC) for the Federal Territory of Putrajaya. However, PJC should also refer to PPA1M Unit, Prime Minister's Department in terms of planning, implementation and monitoring of projects, especially those involving matters of policy. The role of this unit are as follows: The role of this unit are as follows: · designing, implementing, coordinating and monitoring the implementation of the program PPA1M · 'Single Point of Contact "to surrender PPA1M proposal · PPA1M reviewing project proposals from developers before it is tabled for a certificate Technical Committee Meeting and Finance PPA1M · PPA1M to present the project proposal PPA1M Meeting of the Special Committee for consideration and approval · The Secretariat of the Technical Committee Meeting and Financial PPA1M and also the Special Committee Meeting PPA1M.

Perumahan Rakyat 1Malaysia (PR1MA) Berhad was established under the PR1MA Act 2012 to plan, develop, construct and maintain affordable lifestyle housing for middle-income households in key urban centres. Middle-income is defined as a monthly household (husband and wife) income of between RM2,500 – RM7,500. The Prime Minister is fully aware of the financial pressures faced by the urban, middle-income population due to Malaysia’s rapid urbanisation. His vision is to rebalance assistance to the rakyat in both rural as well as urban areas. PR1MA is one of various initiatives implemented to help the rakyat manage costs of living in urban areas. PR1MA will be the first that exclusively targets this middle segment with homes ranging from RM100,000 to RM400,000 in a sustainable community.

Skim Amanah Rakyat 1Malaysia (SARA 1Malaysia) will be managed by a special purpose vehicle (SPV), Malaysian Development Holdings Sdn Bhd, a wholly owned subsidiary of the Ministry of Finance Incorporated.Sara 1Malaysia special scheme is intended to encourage low income earners to save and invest. The amount of financing offered is RM500 million with the participation of over 100,000 target households. Monthly incentive payment is available to participants in the form of additional units of Amanah Saham 1Malaysia (AS 1Malaysia) per month for 5 years. Participants must ensure that the minimum 100 units of AS 1Malaysia book at any time.

GRADUATES MARKETABILITY PROGRAMME FOR SKIM LATIHAN 1MALAYSIA (SL1M) The YAB Prime Minister called upon all companies and industry players to actively participate in the Corporate Social Responsibility (CSR) initiatives to train and enhance the employability of Malaysian graduates, especially those from rural and low income families. Tracer studies by Ministry of Higher Education suggest up to 25% of graduates did not secure employment within 6 months of graduation and most of them are underprivileged graduates. The Prime Minister is convinced that many of these talents are akin to unpolished gems, whereby a little help can go a long way to realise their potential. To address the issue of unemployability amongst underprivileged graduates, the Prime Minister launched the Skim Latihan 1Malaysia (SL1M) on 1 June 2011 as a private sector led CSR where currently companies are sponsoring 2 months soft-skills training with 6 - 10 months on-job-training to the participating graduates. To date, the Human Capital Development Section, Economic Planning Unit of the Prime Minister's Department (EPU) which coordinates the SL1M programme has secured the commitment of leading companies providing placements for unemployed graduates. All companies whether major or small players should contribute in this CSR project to help groom and enhance the employability of the trainees. It is by way of securing an employment that the graduates could improve the livelihood of their underprivileged families. The private sectors and the Government are collaborating to ensure the success of this CSR initiative. To further encourage greater corporate participation, during the Budget 2013 keynote address; the YAB Prime Minister was pleased to announce that from 1 June 2012, companies participating in the SL1M programme will be entitled to a double tax deduction incentive on allowances and training expenses incurred. Interested companies may submit their applications and proposed programme plan to the Economic Planning Unit of the Prime Minister's Department (EPU) for approval. Companies that are endorsed by EPU are entitled to a double tax deduction on monthly allowance of not less than RM1,000 paid to graduates for a maximum period of a year including expenditure and fee incurred to conduct training for the graduates. The total amount of deduction allowable for training purposes shall not exceed RM5,000 for a year of assessment. All SL1M qualifying companies, programme and modules must be endorsed by EPU. Malaysian graduates who are interested to join the SL1M programme must possessed a minimum qualification of a Bachelor's Degree and have been unemployed for at least 6 months after graduation. Priority will be given to the underprivileged graduates from poor family background or rural areas or urban poor. Currently, there are 118 companies collabrating with SL1M and as many as 13,000 graduates have been employed after joining SL1M Programme. These are all the heart wrenching sucess stories of 'zero to hero' and 'rags to riches' when the SL1M graduates managed to improve their life and their family's life for a much better future.