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...

PM Anwar: Economic reforms essential to withstand global ‘slings and arrows’

ISLAMABAD: Datuk Seri Anwar Ibrahim has reiterated the importance of countries maintaining strong economic fundamentals to withstand the "slings and arrows" of global uncertainties and challenges. Speaking at the National University of Sciences and Technology (NUST) here, the Malaysian Prime Minister said economic reforms need to be instituted despite being unpopular. "... we mustn’t forget that our...

PM Anwar: Economic reforms essential to withstand global ‘slings and arrows’

ISLAMABAD: Datuk Seri Anwar Ibrahim has reiterated the importance of countries maintaining strong economic fundamentals to withstand the "slings and arrows" of global uncertainties and challenges. Speaking at the National University of Sciences and Technology (NUST) here, the Malaysian Prime Minister said economic reforms need to be instituted despite being unpopular. "... we mustn’t forget that our...

20,000 Malaysian tourists boost southern Thailand’s economy during National Day weekend

PATTANI: A total of 20,000 tourists from Malaysia vacationed in Thailand's southern provinces, contributing over 100mil Baht (RM12.71mil) to the local economy during the long weekend for the National Day celebration last Saturday (Aug 31). Most Malaysian visitors reportedly used the Bukit Kayu Hitam and Pengkalan Hulu entry points in Malaysia to travel to Sadao and...

20,000 Malaysian tourists boost southern Thailand’s economy during National Day weekend

PATTANI: A total of 20,000 tourists from Malaysia vacationed in Thailand's southern provinces, contributing over 100mil Baht (RM12.71mil) to the local economy during the long weekend for the National Day celebration last Saturday (Aug 31). Most Malaysian visitors reportedly used the Bukit Kayu Hitam and Pengkalan Hulu entry points in Malaysia to travel to Sadao and...

New Special Economic Zone may help stem exodus of Malaysians seeking work in Singapore, says Johor MB

JOHOR BARU: The state government hopes that the setting up of the Special Economic Zone and the Special Financial Zone here will help address the issue of locals moving to Singapore seeking employment. Johor Mentri Besar Datuk Onn Hafiz Ghazi feels that the factor of salary was among the main reasons for people seeking employment in...

Fadillah arrives in Peru for Apec energy ministers’ meeting

LIMA: Deputy Prime Minister Datuk Seri Fadillah Yusof arrived here on Wednesday (Aug 14) to attend the Energy Ministers’ Meeting (EMM) under the Asia-Pacific Economic Cooperation (Apec). Fadillah, who is also the Energy Transition and Water Transformation Minister, was met on arrival at the Jorge Chàvez International Airport by Mohamed Shahiran Mohamed Shah, Chargé d'Affaires of...

Malaysia poised to withstand US recession – Tengku Zafrul

KUALA LUMPUR: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz expressed confidence in Malaysia's ability to withstand a potential recession in the United States (US), citing the nation's recent economic performance as evidence. Despite rising unemployment in the US, Tengku Zafrul highlighted several positive domestic economic indicators. ALSO READ: Govt vigilant of external factors affecting...

Malaysia’s return as ‘Asian Tiger’ hinges on industry collaboration, says Fadillah

KUALA LUMPUR: Collaboration with industry players and the private sector is crucial for Malaysia to regain its status as an "Asian Tiger", says Datuk Seri Fadillah Yusof (pic). The Deputy Prime Minister said for Malaysia to lead the region's economy, industry players must continue to strive to stay ahead of the competition by conducting business activities...