Khazanah Research Institute said many households in the M40 group do not show aspirational spending patterns that characterise the middle class. A new study by Khazanah Research Institute (KRI) has ...

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 ...

Is the B40, M40, T20 income classification outdated? A recent working paper by Khazanah Research Institute (KRI) reveals that the middle class in Malaysia still struggle with essential expenses like ...

According to KRI, Malaysia has consistently followed the World Bank’s demarcation of B40/M40/T20 from the Ninth Malaysia Plan to the Eleventh Malaysia Plan for almost 15 years, from 2006 to 2020.

KUALA LUMPUR, Dec 31 (Bernama) -- Khazanah Research Institute's (KRI) latest study finds that the current classification of the Bottom 40 (B40), Middle 40 (M40), and Top 20 (T20) income groups does ...