PETALING JAYA: The current income group classifications of B40, M40, and T20 do not accurately reflect the true economic stratification of Malaysian households, according to a study by Khazanah ...
Previously, the government sorted Malaysian households into the low income (B40), middle income (M40) and high income (T20) groups. But this metric had its flaws, especially when it came to ...
He said that the new approach would be based on net household disposable income rather than the current static income-based approach under the B40, M40 and T20 categories. Rafizi was asked to ...
"Although the classification of groups in Malaysia into B40, M40, and T20 was merely a tool for measuring the economy and ...