The Hong Kong star – who dined at the restaurant over the weekend – was joined by fellow actors Raymond Wong, Chrissie Chau and Cheung Siu Fai.
PETALING JAYA: Budget 2024 will be painful, experts say, but the measures which are expected to be unveiled tomorrow are necessary and will build a stronger economy that will ultimately benefit the layperson.
More taxes that are targeted at the wealthy, which are also expected to be announced by Finance Minister Datuk Seri Anwar Ibrahim, will increase government revenue. The money saved from cutting subsidies will also mean more funds going to public schools, hospitals and roads, said Prof Yeah, of Sunway University’s Jeffrey Cheah Institute on Southeast Asia.
This is due to wealthy households owning more and bigger cars, and therefore consuming larger quantities of fuel, said the central bank, which urged the government to replace the blanket subsidy. Details of how the current blanket subsidy system will be replaced are expected to be revealed in Budget 2024, which will be tabled tomorrow.
Lee, of the Socio-Economic Research Centre , said the budget will also likely reveal details on the tax for luxury goods and capital gains tax on shares of non-public-listed companies.“At the same time, the government needs to reform the tax system as the current one is not sustainable because it depends only on one portion of society.
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