EDGE WEEKLY: Reforms needed in Budget 2024

The government needs to undertake measures, including unpopular ones, in the upcoming budget to boost revenue. What are some of its options?

Transcript

00:00 [Music]

00:04 Budget 2024 to be tabled in Parliament on October 13th

00:08 will be the second budget announced by the Unity Government.

00:11 Is the administration ready to kickstart more unpopular moves and measures

00:15 to address the shrinking revenue collection?

00:18 In an accompanying story, we take a look at which sectors are poised

00:22 to be the key beneficiaries of Budget 2024.

00:25 In certain country, since taking on the role of CEO at IGM Land,

00:30 Datuk Wong Tak Wai has been positioning it for further growth.

00:34 His mission is to make all of IGM Land's developments synonymous with sustainability,

00:39 as well as tap into the commercial and industrial property segments

00:42 to further diversify its portfolio.

00:45 In options, Datuk Srimachal Yam assumes leadership

00:48 of Royal Military College Alumni Association, the Old Portres.

00:53 He talks about fostering inclusivity, mentorship and unity among RMC alumni,

00:58 exemplifying the values instilled during his RMC days.

01:02 In digital edge, Malaysia is poised to introduce electric vertical take-off and landing aircraft,

01:07 ushering in an era of flying cars that could revolutionise the country's transport landscape.

01:13 This will not only transform the way people move about,

01:17 but also open up economic opportunities for the nation.

01:20 In wealth, the flurry of changes at several banks, both local and foreign,

01:25 signals interesting times ahead for Malaysia's financial sector.

01:29 What do the new captains have in store for their lenders?

01:32 Answers in this week's edition of The Edge.

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