Malaysia Budget 2017 proposes Financial services and capital market to strengthen the Malaysian economy

Malaysia's long-term growth potential address structural issues that are hampering

►Incometax and stamp duty exemption for International Currency Business Units (“ICBU”) which operate Islamic banking and takafulbusiness activities transacted in foreign currencies to be extended to the year of assessment 2020

►Insurance credit facilities with coverage valued up to RM1b by EXIM Bank to small medium enterprises (SMEs)

►RM3b to fund managers’licencesunder the Securities Commission to invest in potential small and mid-cap companies

►RM200m financing as well as insurance credit facilities with coverage value up to RM1b for SMEs from EXIM Bank

►RM165m for one-off increase in Private Retirement Scheme (PRS) incentive to RM1,000 for PRS contributors

►RM75m initial funding through the Capital Market Development Fund to establish a Capital Market Research Institute

►Special step-up end-financing scheme for PR1MA houses, in collaboration with BNM, EPF and banks.

Hot Stocks Today for BURSA KLSE:

         DNEX

         ANZO

         PSIPTEK

         MITRA

Hot Stocks Today for SGX:

Genting Sing

SingTel

SPH

Japfa

LIVE Trading STOCK SIGNALS With : http://www.mmfsolutions.sg/

To get More Updates: 

Stock signals, Stock tips, stock Picks, Stocktips Malaysia, bursa malaysia stock signals, klse daily stock signals, KLSE stock picks, KLSE Stock Recommendations, KLSE stock signals, stock market news, stock market update, Stock Picks Malaysia, Stock trading picks,& Stock trading strategy

  For More Visit Us: http://www.mmfsolutions.sg Tel- +65-3158-2180 Email- info@mmfsolution.sg