2022年财政预算案重点

政府宣布,2022年财政预算案总开销高达3321亿令吉,是有史以来最大手笔的财政预算案。其中2335亿令吉是用于行政开销,756亿令吉是用于发展开销,230亿令吉用于新冠肺炎基金。
政府推出了3项举措来缓解中小企业的营运资本需求,涵盖微型贷款、商业融资、马来西亚国家银行基金及企业融资担保,这些计划从1万令吉至1千万令吉,将开放给微型企业及中小型企业(SME)进行融资。

 For Business     企业篇

1) 中小企业获准将所得税分期付款推迟6个月,至2022年6月30日。

2) 在“大马一家雇佣奖掖计划”(JaminKerja)倡议下发放48亿令吉,创造60万个工作机会。

3) “大马一家雇佣奖掖计划 ”(JaminKerja),中小企业雇佣“大马一家”非固定工作者,将可获得员工薪资的20%至30%补贴。

4) 政府续为工资补贴计划拨款20亿令吉,料30万名员工受惠。

5) 对收入减少至少30%的旅游业雇主提供工资补贴。

6) “PERANTIS实习计划”下,雇主雇佣18至30岁的毕业生和离校生,持有文凭及以上并且是行政级别,可获得每月高达900令吉的津贴,为期6个月。

7) 政府将对巧克力或可可、麦芽、咖啡和茶混合式含糖饮料征国产税。

8) 建筑/商业单位业主给予至少30%租金折扣,可享特别免税。

9) 为迎合防疫SOP程序进行的装修工程,例如通风升级、客户座位和员工设施,政府也为商家提供高达30万令吉的店面翻新及装修税务特殊减免,这项举措将有效至2022年12月31日。

10) 新成立的中小企业(于2020年7月1日至2022年12月31日成立)在未来3年内,每年可获得2万令吉的所得税退税。

11) 本地组装(CKD)轿车豁免100%销售税,进口(CBU)轿车豁免50%销售税,包括多用途轿车(MPV)及运动型多功能车(SUV),直至2022年6月30日。

12) 政府继续支持股权众筹和P2P融资,将在大马共同投资基金拨8000万令吉配对辅助金,以及马来西亚发展银行的1亿令吉投资。

13) 拨1亿令吉智能自动化配对辅助金,惠及200家制造和服务公司。

14) 向2万多家注册旅行社提供特别援助,总额8500万令吉。

15) 为Shop Malaysia Online和Go-eCommerce Onboarding拨款2亿5000万令吉。

16) 为农业和渔业提供17亿令吉的补贴和奖掖,包括15亿令吉的种子和化肥补贴。

17) 政府通过大马证券监督委员会(SC),强制上市公司董事部至少有一名女性董事。

18) 大马半岛的原棕油价格暴利税起征点将从每吨2500令吉,提高至3000令吉,而沙巴和砂拉越则从每吨3000令吉,提高至3500令吉。若价格高于门槛,沙巴和砂拉越的税率也将提高至3%,与半岛税率一致。

19) 中小企业数码化补助计划将于2022年增加至2亿令吉,其中5000万令吉用于农村地区的土著微商。

20) 为每个州属拨款2000万令吉,用于与食物安全、旅游和自然保护相关的项目。

21) 政府推出繁荣税(Cukai Makmur),向获取高收益公司征收的一次性特别税。2022课税年的首1亿令吉可征税收入,税率为24%,其余则33%。

22)对网上卖家海外销售,并通过航空快递发送到大马的低价值物品征收销售税

23) 对电子商务平台等服务供应商提供的配送服务征收服务税,但餐饮配送和物流服务除外。

24) 政府将对液态和凝胶电子烟油征国产税。

25) 继续短期雇佣合同(MySTEP)倡议,在公共领域和官联公司提供8万个合约性质的工作机会。
-50,000 为公共部门
-30,000 为政府相关公司
*以薪水超过RM1200的工作为准

26) 雇主可获得疫苗加强剂费用的税收减免和豁免。

27) 文化艺术活动、体育比赛和国际级休闲活动主办单位的所得税减免延长至2025年。

28) 电动汽车豁免进口税、国产税及销售税。

29) 大马交易所将推出自愿碳排放交易市场(Voluntary Carbon Market),作为绿色资产拥有者与其他实体之间的碳信贷交易平台。

30) 国家银行拨10亿令吉,协助中小企业采用可持续和低碳做法。

31) 拨款66亿令吉,用于相关部门和机构的各项计划,以加强和提高技术职业教育和培训(TVET)。此外,2亿令吉拨款供国家双轨制培训和工业认证计划等。

32) 为土著中小企业提供1亿令吉的配套拨款,以探索航空业。

For Individuals      个人篇

1) 每月家庭收入少于2500令吉,且家有3名或以上孩子的家庭,将获得政府发出一次性最高2000令吉的援助金.

2) 购买手机、电脑和平板电脑可获2500令吉特别税务减免。

3) 高等教育基金(PTPTN)借贷者可获10至15%的摊还折扣。

4) 技能提升课程扣税2000至7000令吉。

5) 每名学生可获150令吉的开学援助金,总拨款4亿5000万令吉,惠及300万学生。

6) 为营养餐计划拨款4亿令吉,确保学生获得足够的每日营养。

7) 推出eStart无现金交易计划,18至20岁青年将获政府汇入150令吉至电子钱包

8) 政府将全额承担残障人士(OKU)的车辆执照费用。

9) 所得税减免涵盖获得注册的精神科医生、临床心理学和辅导员服务费用或会诊费。

10) 雇员公积金局(EPF)将最低缴纳率9%延长至2022年6月。

11) 第六年起售屋免付产业盈利税(RPGT)。

12) 60万名B40家庭的大专生可获平板电脑,涉及4亿5000万令吉拨款。

13) 130万名56级及以下的公务员,每人可获700令吉特别援助金,100万名退休公务员则获350令吉,总额13亿令吉。

14) 政府根据房屋信贷担保计划拨款20亿令吉,以协助那些没有稳定收入的人,如打散工者,购买房屋。

15) 托儿和幼儿园费用可享高达3000令吉的个人所得税减免。

16) 1万名医药、牙科和药剂人员的合约将从2年延长至4年。

部分摘自 The Edge Markets

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2022 Budget Highlights

The government announced an RM332.1 billion expansionary Budget for 2022, the highest allocation compared with previous budgets. The national Budget comprises RM233.5 billion in operating expenditure, RM75.6 billion in development expenditure and RM23 billion for the Covid-19 fund.The government has introduced 3 initiatives to ease working capital requirements for SMEs, including Micro Credit Scheme, Business Financing and Alternative Financing, Bank Negara Malaysia Funds and Business Finance Guarantee Scheme. These schemes range from RM10,000 to RM 10 million in financing, and are suitable for micro enterprises to small medium enterprises (SMEs).

For Business     企业篇

1) SMEs allowed to postpone income tax instalments for six months until June 30, 2022.

2) JaminKerja initiatives to create 600,000 job opportunities with RM4.8 billion allocation.

3) Under the JaminKerja initiative, SME business owners who employ those who are not actively working can enjoy an incentive of 20% to 30% of the employee’s monthly salary.

4) Govt allocates RM2 billion to continue wage subsidy programme targeting 300,000 workers.

5) Targeted wage subsidies for employers in tourism industry who have seen their income reduced by at least 30%.

6) Under the PERANTIS scheme, an allowance of up to RM900 per month for 6 months for graduates and school leavers from 18-30 years old on the executive level, for those with a diploma and above will be given.

7) Govt to introduce excise duty on chocolate or cocoa, malt, coffee, and tea-based premix drinks containing sugar.

8) Special tax exemption for building/commercial unit owners who give at least 30% rental discount.

9)  A tax deduction on costs of renovation and renewal of premises up to RM300,000 until end of the year 2022, with an extension of special deduction for renovation of business facilities to comply with SOP requirements such as ventilation upgrades, customer seating and employee infrastructure.

10) Newly incorporated SMEs (incorporated between 1 July 2020 until 31 December 2022) are given an income tax rebate of RM20,000 for every year for the next 3 years.

11) Govt to extend 100% sales tax waiver on CKD passenger vehicles and 50% sales tax exemption on CBU passenger vehicles, including MPVs and SUVs, until June 30, 2022.

12) Govt to continue supporting equity crowdfunding and peer-to-peer financing with RM80 million allocation in matching grants under Malaysia Co-Investment Fund, in addition to Bank Pembangunan Malaysia Bhd’s RM100 million investment.

13) RM100 million for smart automation matching grants to benefit 200 manufacturing and services companies.

14) RM85 million for special assistance to over 20,000 registered tour operators.

15) RM250 million allocated for Shop Malaysia Online and Go-eCommerce Onboarding.

16) RM1.7 billion in subsidies, incentives for farming and fisheries industries, including RM1.5 billion in subsidies for seeds and fertiliser.

17) Govt, through the Securities Commission Malaysia, to make it compulsory for public-listed companies to have at least one female director on their boards.

18) Windfall profit levy threshold for crude palm oil prices to be increased from RM2,500 per tonne to RM3,000 per tonne for Peninsular Malaysia and from RM3,000 per tonne to RM3,500 per tonne for Sabah and Sarawak. The tax rate for Sabah and Sarawak will also be raised to 3%, in line with the rate in Peninsular Malaysia, when prices exceed the threshold.

19) SME Digitalisation Grant Scheme to be increased to RM200 million in 2022, with RM50 million for Bumiputera micro entrepreneurs in rural areas.

20) RM20 million to be allocated to each state for projects related to food security, tourism, and nature conservation.

21) Govt to introduce Cukai Makmur, a special tax on a one-off basis to companies generating high profits. The first RM100 million in taxable earnings will be taxed at 24% while the remainder will be taxed at 33% for the tax assessment year of 2022.

22) Sales tax to be imposed on low-value items sourced overseas that are sold by online sellers and sent to Malaysia via air courier.

23) Services tax to be imposed on delivery services provided by service providers including e-commerce platforms, except for food and beverage deliveries and logistics services.

24) Govt to introduce excise duty on liquid, gel-based vaping e-liquids.

25) 80,000 job placements in public sector, GLCs to be continued via MySTEP initiative.
-50,000 for public sector
-30,000 for government related companies
*subject to job with salary of more than RM1200

26) Employers to get tax relief and exemptions on cost of boosters shots.

27) Income tax exemptions for organisers of artistic and cultural activities, as well as sports competitions and international-level recreational activities, to be extended until 2025.

28) Govt to provide full exemption on import, excise duties and sales tax for electric vehicles.

29) Bursa to launch Voluntary Carbon Market as voluntary platform for carbon credit trading between green asset owners and other entities.

30) Bank Negara to allocate RM1 billion towards assisting SMEs in adopting sustainable and low-carbon practices.

31) Govt to allocate RM6.6 billion for various initiatives under relevant ministries and agencies to strengthen and enhance technical and vocational education and training (TVET). RM200 million is also allocated for programmes such as the National Dual Training System and industrial certification programmes.

32) Matching grant of RM100 million for Bumiputera SMEs to explore aerospace industry.

For Individuals      个人篇

1) Government to introduce targeted aid called Bantuan Keluarga Malaysia (BKM) of RM2,000 for households with 3 or more children and a household income of below RM2,500.

2) Special RM2,500 tax relief for purchase of handphones, computers and tablets.

3) PTPTN borrowers to get 10-15% discounts, depending on chosen repayment option.

4) Tax deductions of RM2,000 to RM7,000 for upskilling courses.

5) RM150 Early Schooling Assistance for each student; total allocation of RM450 million to benefit 3 million students.

6) Daily milk program for poor students to be continued with RM400 million allocation.

7) eStart cashless transaction scheme to be introduced, which will see one-off RM150 deposited into e-wallets of those aged between 18 and 20.

8) Govt to fully bear cost of motor vehicle licences for the disabled (OKU).

9) Tax relief for cost of medical expenses/consultation involving registered psychiatrists, clinical psychologists, counsellors.

10) EPF to extend reduced minimum contribution rate of 9% until June 2022.

11) Real property gains tax removed for house sales from sixth year onwards.

12) 600,000 undergraduates from B40 families to get one tablet each, involving allocation of RM450 million.

13) 1.3 million civil servants Grade 56 and below to get RM700 special financial aid each; 1 million govt retirees to get RM350 each, altogether to involve RM1.3 billion allocation.

14) Govt to allocate RM2 billion under housing credit guarantee scheme to assist those without steady income, such as gig economy workers, to purchase homes.

15) Income tax exemption of up to RM3,000 for nursery and kindergarten fees.

16) Contracts of 10,000 medical, dental and pharmaceutical officers to be extended from two to four years.

部分摘自 The Edge Markets

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Timah and the auditor-general’s report

Photo: The Vibes

The government, its leaders, some lawmakers, and a section of our population, please take a bow. You have shown the world that in difficult times, a modification of the phrase “Keep calm and carry on” can do wonders.

By replacing just two words, “carry on” to “divert attention”, even the most problematic issues can be put on the back burner while making way for trivial issues to be in the forefront.

Isn’t it an irony that at a time when the auditor-general warns the country that we are digging one hole after another just to fill the holes dug up in the yesteryears, politicians are trivialising a hitherto unknown brand of whiskey?

To put it colloquially, it is a case of “hutang sampai mati” (in debt until death) and yet the system pays scant attention to this gigantic problem.

Doesn’t anyone worry that Malaysians will have to carry the debts in perpetuity – generation after generation – while some decision-makers earn enough to last several generations?

Isn’t it an irony we are now understanding the mindset of lawmakers on both sides?

The latest salvo by one politician that “drinking Timah whiskey is akin to drinking a Malay woman” must be the crème la crème of the crop.

How she came to that conclusion deserves a doctoral thesis but when does this farce end?

Aren’t Ramly burgers and Dutch Lady milk synonymous with Malaysian consumers?

Aren’t we supposed to lather ourselves in the bath with Zaitun and use it “tanpa was was” (without any doubts)? Or have kacip fatimah in our food?

Yet, the attention paid to the amber liquid whose customer base is the minority community has far superseded the importance and significance of the national debt and other disclosures by the auditor-general.

Was this all pre-planned because of an important event in Malacca later this month?

Is it a case of declaring that “I am holier than thou”? Or are these efforts to conceal other adversities facing the nation and its leadership?

Isn’t it an irony when the auditor-general’s warning about financial non-compliance is ignored by the powers-that-be but diversionary tactics are used to overlook one sham after another that surfaces?

No check and balance
Auditor general Nik Azman Nik Abdul Majid said there were RM510.49 million in irregular payments, of which RM499.19 million involved maintenance service claims without being verified at the National Security Council (NSC) level.
What sort of checks and balances do we have?

Weren’t the government’s financial orders breached? Who allowed this to happen?
Not to worry. They have better issues to think about.

The land of Hang Tuah beckons and there’s the whiskey “tin” to keep the minds of the people elsewhere.

For good measure, the auditor-general said: “To enable corrective action and improvements to be taken, the auditor-general has submitted 29 recommendations, namely four recommendations for verification of financial statements and 25 recommendations for compliance audits of federal ministries and departments, to be considered for implementation by ministries and departments.”

Wouldn’t it surprise anyone if such recommendations are put in a steel cabinet in the Putrajaya to gather dust? How many such recommendations were made by previous auditor-generals?

Have they been complied with? If they had, we would not have been in this mess in the first place.

Expressions of concern over issues that would put the country’s economy in a backspin are considered words in the wilderness as corruption, thefts, and leaks go on unabated.

While the foot-dragging over the Pandora Papers and related issues are in the public domain, isn’t it an irony that four ministries were involved in “negotiations” with the manufacturers of the whiskey to consider changing its brand name?

If only the same amount of latitude and importance had been given to at least one issue raised by the auditor-general, some money would have ended up in the coffers of the Treasury.

However, it will also be good to know the compensation package offered to the brand for its goodwill, marketing, and related issues.

So, we are back to the good old “bad” days when the Treasury was raided at random whenever the need arose. When will the government start thinking of financial prudence and cost-cutting?

While citizens are told to tighten their belts, this appears not to be applicable to the officialdom, some politicos, and their cronies.

Don’t we have people of integrity in the government or have we already mined the base?

People come first?

So, where do we go from here? Malacca is on the top of the pile. Power is the priority, people come second.

Don’t believe all those slogans of “working for the people” or “people come first.” It is winning at all costs even if it means subsidising the cost of consumer products.

Is this the best we can find among our ranks?

Thieves and felons roam the corridors of power to look for what is available. There’s plenty on offer. With so much leeway and freedom to loot, what’s there to stop them?

We have seen fat cats in government-linked companies and incompetent people in government agencies who have neither the knowledge nor the expertise to carry out the tasks before them.
The “kissing trains” episode should constantly remind us about round pegs in square holes.

There has been doctoring of proceedings, theft from the vaults of the MACC, squandering of money meant for the poor, back-handers, and kickbacks. Will anything surprise Malaysians anymore?


R NADESWARAN feels that every right-thinking Malaysian has reasons to feel angry and disgusted at the current happenings.

*The views expressed are those of the author. If you have any questions about the content, copyright or other issues of the work, please contact Newswav.

Danial has over 100 car models to choose from every day. How does an ordinary guy like Danial do it?

Meet Danial. Danial is your average guy. He works hard and has a family.

One day, Danial decides to take his wife and children on a holiday. Danial’s parents want to come along too. It’s so exciting! The kids can’t wait. They will take a road trip from KL to Penang, stop at Ipoh for white coffee, and be in Penang by lunch for asam laksa. But… Danial has a problem.

Danial’s car is too small! 

However, Danial is not worried, because he has TREVO to lift up his driving experiences!

TREVO is the largest car-rental marketplace in Malaysia. Think of it as an “Airbnb” for cars. With just a mobile app, Danial has the biggest selection of cars at his fingertips. It is so easy! Danial rents an SUV for his family in no time. All he has to do is:

  • download the TREVO app
    iOS App Store
    Google Play Store
  • complete the profile
  • take a selfie with his IC
  • take a photo with his driving license (documents are verified within seconds)
  • select the date of his road trip to check for availability
  • click ‘request booking’

And voila, he has an SUV ready for his family road trip!

On the day of the trip, the car is delivered via TREVO Delivery right to Danial’s doorstep.

The best part? TREVO offers up to 50% off on your first trip! This is important to Danial because money doesn’t grow on trees. 

There are actually many options — hatchbacks, sedans, SUVs, and many more. Regardless if you’re going for a special date night, attending events, or simply wish to experience the specialness of the car, you can choose from more than 4500 cars and 150 models from brands like BMW, Mini, Audi, and even Porsche! That’s how Danial got a taste of a Porsche for a day. Services are available in the Klang Valley, Kota Kinabalu, Johor Bahru, and Penang.

If you’re in the Klang Valley and need a chauffeur, hire a Buddy Driver to drive your personal car. No need to worry about parking, jams, or staying awake on the road. Just chill in the passenger seat as your Buddy Driver takes you to your destination.

***

And then Danial has an idea. Since bills don’t pay themselves, Danial thought, “Why not host my car on TREVO?” 

Danial’s idea is smart because when he uses TREVO to host his car,

  • payment is quick. He gets paid two weeks after a trip is completed
  • payment is easy. The money goes straight into his bank account 
  • he can offset his car loan and maintenance costs
  • he can access TREVO Guard to renew his car insurance via the TREVO app

But Danial is a little worried at first. His car is his baby. Offering his baby to some random stranger doesn’t sit well, but he is quickly assured because TREVO Shield protects him for up to RM3 million against damages to his vehicle, damage or injury, as well as fire and theft.

And the process to register as a TREVO host is easy too! All Danial has to do is:

  • share his car details
  • choose his protection plan
  • safeguard his car with TREVO track
  • choose his car features
  • set his preferred pricing
  • upload photos of his car
  • preview his profile

Danial is now a proud TREVO host and user.

Danial is smart. Be like Danial. Download the TREVO app today and lift your life on Malaysia’s largest car-rental marketplace.

‘Timah’ Whiskey Is Offensive? – Newswav Weekly Top 5 News (S2: EP28)

‘𝗧𝗶𝗺𝗮𝗵’ 𝗪𝗵𝗶𝘀𝗸𝗲𝘆 𝗜𝘀 𝗢𝗳𝗳𝗲𝗻𝘀𝗶𝘃𝗲? – 𝗡𝗲𝘄𝘀𝘄𝗮𝘃 𝗪𝗲𝗲𝗸𝗹𝘆 𝗧𝗼𝗽 𝟱 𝗡𝗲𝘄𝘀 (𝗦𝟮: 𝗘𝗣𝟮𝟴)

How many of these top news did you miss? Join Auntie Belle from Newswav as she presents a recap on the week’s HOTTEST News. Stay safe, and stay informed!

Accelerating an economic reset

Kuala Lumpur – 29 October 2021 – The recent budget announcement holds good potential for SMEs, according to Datin Yap Shin Siang, CEO of YYC Group, a local tax and accounting firm founded in 1974 which is one of the top 10 accountancy firms in Malaysia. As their competency is in serving the SME market, her analysis will focus on the Budget Announcements that most affect SMEs. 

Datin Yap noted that the budget is a good way to “accelerate an economic reset  and restart the economy”. Yap mentioned: “One of the most important things in a business is cash flow – it’s good that the government has introduced 3 initiatives to ease working capital requirements for SMEs, including Micro Credit Scheme, Business Financing and Alternative Financing, Bank Negara Malaysia Funds and Business Finance Guarantee Scheme. These schemes range from RM10,000 to RM 10 million in financing, and are suitable for micro enterprises to small medium enterprises (SMEs). 

Notably, on the income tax front, SMEs have the ability to defer their income tax installments up to 30th June 2022. In addition, all businesses are allowed to make tax estimate amendments for income payable in the 11th month before October 31, 2022; (previously only available in the 6th and 9th months). As for manufacturing companies, the reinvestment allowance has been extended for another 2 years until 2024. 

Yap noted: “Companies are given good incentives to renovate their premises, with a tax deduction on costs of renovation and renewal of premises up to RM300,000 until end of the year 2022, with an extension of special deduction for renovation of business facilities to comply with SOP requirements such as ventilation upgrades, customer seating and employee  infrastructure. Landlords who give a rental reduction of at least 30% are rewarded with a special tax deduction until June 2022 (extended from January 2022).

There will also be a real property gains tax (RPGT) exemption for any individual Malaysian citizens who hold property for more than 5 years. No RPGT will be imposed from the 6th year onwards, as opposed to the current 5%. 

To stimulate business activity, newly incorporated SMEs (incorporated between 1 July 2020 until 31 December 2022) are given an income tax rebate of RM20,000 for every year for the next 3 years. Under the Jamin Kerja initiative, SME business owners who employ those who are not actively working can enjoy an incentive of 20% to 30% of the employee’s monthly salary. Under the PERANTIS scheme, an allowance of up to RM900 per month for 6 months for graduates and school leavers from 18-30 years old on the executive level, for those with a diploma and above will be given.”

Yap also noted: “On the individual front, the additional RM2,500 tax relief for purchase of handphone, notebooks and tablets has been extended for another one year up to year of assessment 2022. There is also further extension of tax relief for domestic travel expense of up to RM1,000 for another year. Lastly, tax relief for fees paid to child care and kindergarten of RM3,000 has been extended for another 2 years. “

Under the Keluarga Malaysia concept, it is good to see the people being allocated for. With all the tax breaks, one may wonder if the government will have enough funds – and thankfully, those companies are making huge profits above more than RM100 million, will have a one-off taxed at 33% instead of the usual 24%. 

Yap concludes: “The new realities of Covid 19 and changes in leadership in the nation has left many of us quite drained, but this new budget offers some hope that we will be able to recover quickly as a nation. I urge you to take advantage of the opportunities given to get back to work, upskill, and stimulate the economy. Notably, the government has been listening to the people, and the personal mentions of several successful startup founders during the budget announcement as well as even e-sports personalities that won international tournaments show that they are in tune with current economic developments. All in all, it is a good step towards Malaysia’s recovery, and future prosperity”.


About the author:
Datin Yap Shin Siang, CA(M), CPA (AUST), CFP, MBA (U.K), B.COM (MELB)

Group CEO, YYC Group

Yap Shin Siang, or fondly known as Shin, estimates that the firm is already in the top 10 accountancy firms by size and can rival the Big Four locally. She took over the family business, shook off gender biases, and grew a small business into a major player. Being the second generation in the family business, she has grown a team of 50 staff to almost 800 staff today. She has also tripled the business revenue since 2016, and won the attention of OCBC Bank to invest and become a strategic partner.

She has over 20 years of professional experience in public accounting, tax and business advisory. Shin is the author of two business titles and is also a frequent speaker for seminars organised by China Press, Nanyang Siang Pau, Malaysian Institute of Accountants (MIA) and various trade associations such as Malaysia Retail Chain Association (MRCA), Master Builders Association Malaysia (MBAM), The Timber Exporter’s Association of Malaysia (TEAM) and many more. She is frequently interviewed by the media and professional bodies such as China Press, Bernama, The Edge, CPA Australia and etc.

She has also provided oversight on many tax investigations and tax audits with the Inland Revenue Board and Royal Malaysian Customs Department. Shin holds a bachelor’s degree from University of Melbourne, an MBA from University of Nottingham, and is a member of CPA Australia and MIA. Shin’s vision is to make YYC Group the No.1 world-class accounting firm that originated from Malaysia via innovation.

How Businesses Can Thrive In This Endemic

As of October 2021, 90% of Malaysian adults have been fully vaccinated and it won’t be long before we hit the 100% mark. Lately, we are seeing improvement in the nation’s economy as well as the increase of consumer spending as malls, shops, eateries, and services are reopening. This is indeed great news for business owners and SMEs who are slowly gearing up to welcome their customers once again. 

Back in January 2021, EcoWorld and iMedia joined hands and initiated the Bina Bersama 2021 project to support small businesses and start-ups by giving shortlisted SME candidates a total of RM1 Million* worth of digital media value. Since then, the Bina Bersama 2021 programme had a 90% take up rate despite all the uncertainties and challenges faced by business owners during the first three quarters of the year. While the nation learns to live with COVID-19, more businesses are reopening, entrepreneurial projects are taking place, and even construction and renovators are starting their engine to contribute and benefit Malaysia’s economy from here on. With that said, Bina Bersama 2021 is still looking to aid new or existing SMEs before the end of 2021.

Whether you are an existing SME business owner or a soon-to-be entrepreneur, this is the best time to begin and realise all your plans and strategies that have been put on hold during the lockdown. Don’t miss this chance to be a part of Bina Bersama 2021 where you can advertise your products and services online for FREE through iMedia’s brands and platforms such as Oh! Media, Goody25, Newswav, ITTIFY and more – all of which, have over 2.9 million unique visitors in total!

As much as it is important to have the best ideas and plans for your business, a strategic location for your office or shop is equally crucial. EcoWorld’s 13 highly accessible commercial properties in the Klang Valley, Iskandar Malaysia, and Penang are some of the most sought locations where you can begin your entrepreneurial journey. By leasing or purchasing any of these units, you will be eligible to participate in the Bina Bersama 2021 programme.

With some successful participants such as Joyous Kiddy Education, Hey Hey Eyewear, and Wheel Riders Malaysia entering this meaningful partnership, EcoWorld hopes that they can continue to inspire more SMEs and local businesses to take a step and build their online presence with Bina Bersama 2021. This is a rare and great opportunity to spread awareness for your products, services and business.

“The Bina Bersama campaign has proven to be a terrific initiative. The campaign’s objective and goals are aligned with EcoWorld’s aim to provide more value for our customers. Marketing is a vital component to kickstart any business and this program provides that avenue, as well as act as a boost for business owners to be confident and take advantage of the recovering economy.” – said Dato’ Chang, President and CEO of EcoWorld Malaysia. 

“We are delighted to have EcoWorld on board our Bina Bersama campaign for over the past 10 months. As entrepreneurs ourselves, we understand the challenges one goes through during tough economic situations and this is our way of giving back to local businesses with the media assets we have. EcoWorld has been a great partner for this campaign and we look forward to more positive collaborations with them in the future.” – said Voon Tze Kay, Founder and CEO of iMedia Asia.  

EcoWorld and iMedia Asia would like to take this opportunity to thank all of the participants of the Bina Bersama campaign. We hope that the digital online media advertisements provided to local SMEs have eased their burden and they were able to spend their time to think of other business opportunities instead.  

With the year ending in just a few more months, we would like to encourage entrepreneurs and small-medium business owners to join the amazing Bina Bersama 2021 programme and make the most out of the remaining ad grant that will allow your business to have a better presence in the digital world. In summary, EcoWorld isn’t just a developer who builds homes, but also one that helps their customers by providing opportunities for SMEs to grow and improve as EcoWorld believes that ‘Together We Create’ a better tomorrow for the community and FOR GENERATIONS. 

Grab the final opportunity to start your business today! Hurry and register your interest now at www.ecoworld.my/binabersama

*Terms & conditions apply.