PETALING JAYA: More than 600, 000 households from the middle 40% (M40) income group have slipped into the bottom 40% (B40) category as the Covid-19 crisis delivered a major blow on Malaysians’ income ...
PETALING JAYA: Malaysia’s categorisation of income earners is rather problematic as those in B40, M40 or others are not “fixed” groups in reality, says economist Dr Muhammed Abdul Khalid. Citing an ...