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Global Employer Services (GES) Thought Leadership articles

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The Edge – Budget 2025 measures that prosper the rakyat

Global Employer Services Director Michelle Lai discussed key highlights of the recent Budget 2025 announcement that taxpayers should keep a close eye on in the coming year, including housing loan reliefs and incentives to encourage retirement planning. “Budget 2025 introduced a series of proactive measures which would support individuals and families to navigate the challenges of rising living costs and also promote long-term financial stability,” she noted.

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The Star – Would there be goodies for the rakyat?

The 2023 budget is likely to be focused on post-Covid recovery efforts amidst a bleak global economy, such as creation of jobs, increasing the income of the rakyat, as well as improving the social protection systems and the well-being of the rakyat. Chee Ying Cheng, Global Employer Services Executive Director and Lee Lai Kuen is Global Employer Services Associate director of Deloitte Malaysia shares quick-fire measures that can bring relief to the rakyat as the government works on implementing sustainable initiatives to manage the rakyat’s welfare.

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