Not fair to label middle-income families as ‘ultra-rich’ under T15 classification, says Muhyiddin

KUALA LUMPUR: Implementing subsidy rationalisation by redefining the T15 group could end up being unfair to the middle class, says Tan Sri Muhyiddin Yassin. While taking part in debates on Budget 2025 in the Dewan Rakyat on Wednesday (Oct 23), the Pagoh MP said the government had yet to define the T15 group, but it purportedly...

Govt planning mechanism to manage cost of living, tame inflation, says Rafizi

PUTRAJAYA: The government is planning a mechanism to manage the cost of living and tame the country’s inflation, says Rafizi Ramli. The Economy Minister said the discussion on wages, cost of living and inflation has to be managed carefully. "In the past, some quarters, every time we talk about pushing for higher wages, they will always give...

Cartel formation sabotages govt’s efforts to reduce people’s cost of living, says Armizan

PAPAR: Forming a cartel to gain profit without fair competition is an act of sabotage against the government’s ongoing efforts to reduce the people’s cost of living, says Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali. Citing the case where five companies were fined RM415.5mil for fixing the price of poultry feed on...

‘We won’t burden our customers’

JOHOR BARU: Many food operators here are not planning to adjust the cost of their chicken dishes yet despite the price of poultry having been floated for over a week. Some are even willing to absorb the extra cost should the price not increase beyond RM1 per kg. Food stall operator Sumardi Kasdul has been selling fried...

RM600 increase in STR will ease burden, says recipient

KUALA LUMPUR: As a single mother with two children, the additional RM600 in Rahmah Cash Aid (STR) means a lot to Ansaya Dayang Gimbang. The 35-year-old, who washes clothes for a living here, said she was nearly suffocated by the high cost of living with her mere RM1,500 income per month. She said the STR increase from...

Ministry mulling Amanah Saham Rahmah initiative

KUALA LUMPUR: The Domestic Trade and Cost of Living Ministry is studying the creation of an Amanah Saham Rahmah initiative aimed at assisting hardcore poor families. Deputy Minister Fuziah Salleh (pic) said the initiative is expected to help alleviate the cost of living burden and ensure a steady source of income for the group. She explained that the initiative...

Survey finds M’sians more concerned about rising cost of living than ‘green wave’

PETALING JAYA: Malaysians are more concerned about the rising cost of living than a potential "green wave" or the rise of extremism, says the Institute of Strategic Analysis and Policy Research (Insap). The think tank said the ability to sustain themselves amidst stagnant incomes and escalating expenses has become the top concern among most Malaysians as...