{
  "id": 13107336,
  "title": "Higher allocation for cash transfer programmes and personal income tax relief to sustain household purchasing power – QSR Brands",
  "url": "https://urgent.news/2026/10/09/higher-allocation-for-cash-transfer-programmes-and-personal-income",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T12:05:49.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/10/1551842/higher-allocation-cash-transfer-programmes-and-personal-income"
  },
  "original_language": "en",
  "account": "The Malaysian government's 2027 Budget has allocated a higher amount of RM16 billion for cash transfer programmes called Sumbangan Tunai Rahmah and Sumbangan Asas Rahmah, up from the RM15 billion set for the current year. These measures aim to maintain household purchasing power, according to QSR Brands (M) Holdings Bhd. CEO and Managing Director Nehchal Khanna. This initiative, combined with higher personal income tax relief, aligns with the group's dedication to providing affordable and accessible meals. QSR Brands, which operates Kentucky Fried Chicken and Pizza Hut in Malaysia, along with Life-branded sauce supply, supports the government's focus on boosting income levels and fostering productivity. The company is investing in data and digital solutions to enhance operations and customer engagement, aiming to become Asean's leading food-tech company. The budget also emphasizes talent and skills development with a RM8 billion allocation for technical and vocational education and training, as well as more training opportunities via HRD Corp. Nehchal emphasized that the government's budget effectively balances the well-being of the people with business competitiveness. QSR Brands remains committed to supporting these national priorities through ongoing investments in people, technology, and operations.",
  "summary": "KUALA LUMPUR: The higher allocation for the Sumbangan Tunai Rahmah and Sumbangan Asas Rahmah programmes to RM16 billion next year, from RM15 billion allocated this year, are likely to sustain household purchasing power, said QSR Brands (M) Holdings Bhd.",
  "key_points": [
    "Malaysian government allocates RM16 billion for cash transfer programmes in 2027 budget.",
    "QSR Brands CEO Nehchal Khanna supports initiative to maintain household purchasing power.",
    "Budget emphasizes talent development with RM8 billion for technical and vocational education."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}