Wealthy car buyers are generally less cost-sensitive and would be less affected by the ARF increase, as the cost of a luxury car would “only form a small proportion of their wealth”, said an analyst.
About 7,000 members on CPF Life will also see higher monthly payouts if they have savings in their Ordinary and Special Accounts that cannot be withdrawn in a lump sum.
Checks showed almost all the donors who contributed to Bersatu's accounts were contractors who were awarded government contracts during Muhyiddin's premiership, according to an NST report.
