BFM 89.9
The Business Station
Does T20, M40, B40 Classification Reflect Reality?
39 mins
·
15:00, 15 Jun 2023
·
Recommended
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Guest: Dr Geoffrey Williams, Economist, Malaysia University of Science and Technology
We’ve all probably come across the term T20, M40 and B40. We’ve probably said “T20” in reference to the rich. But does this classification system accurately reflect financial realities on the ground and the imagination of the masses? Does it help the government provide subsidies to the right groups? The short answer is, not quite.
This is one of the reasons why Minister of Economy, Rafizi Ramli has announced the government’s intention to move away from the current classification system of household income towards ‘household net disposable income’.
We discuss this with Dr Geoffrey Williams, Economist, Malaysia University of Science and Technology.
Presenter: Dashran Yohan
Producer: Dashran Yohan
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Does T20, M40, B40 Classification Reflect Reality?
39 mins
·
15:00, 15 Jun 2023
Guest: Dr Geoffrey Williams, Economist, Malaysia University of Science and Technology
We’ve all probably come across the term T20, M40 and B40. We’ve probably said “T20” in reference to the rich. But does this classification system accurately reflect financial realities on the ground and the imagination of the masses? Does it help the government provide subsidies to the right groups? The short answer is, not quite.
This is one of the reasons why Minister of Economy, Rafizi Ramli has announced the government’s intention to move away from the current classification system of household income towards ‘household net disposable income’.
We discuss this with Dr Geoffrey Williams, Economist, Malaysia University of Science and Technology.
Presenter: Dashran Yohan
Producer: Dashran Yohan
Share:
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Recent episodes
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Latest Stories
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Key Trends Shaping The Property Sector In 2024 & 2025
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Swisslog: Swiss Precision For Warehouse Automation In SEA