NIBONG TEBAL: Voting for Perikatan Nasional and electing its candidate in the Sungai Bakap by-election would send a strong message to the government regarding concerns over rising living costs and the country's economy, says the coalition's chairman, Tan Sri Muhyiddin Yassin. He stated that the country's declining economy had impacted the people and worsened in recent...
KUALA LUMPUR: Chinese Premier Li Qiang on Wednesday reiterated China's steadfast regard for Malaysia as a close neighbour and vital partner, emphasising its commitment to deepening cooperation and advancing mutual development. Li said the meeting between Prime Minister Datuk Seri Anwar Ibrahim and Chinese President Xi Jinping last year achieved significant consensus on building a China-Malaysia...
KUALA LUMPUR: Datuk Seri Anwar Ibrahim has emphasised the need to implement elements to ease of doing business to support the business ecosystem in the agricultural sector. The Prime Minister said when chairing the Cabinet Committee Meeting on the Nation's Food Security Policy on Thursday (June 13), he highlighted the immediate need to address critical issues,...
KUALA LUMPUR: Datuk Seri Anwar Ibrahim has pledged special consideration for the Youth and Sports Ministry, including additional allocations, to elevate the nation's sports industry. The Prime Minister, who is also Finance Minister, said despite current financial constraints, priority should be given to certain programmes related to the "Road to Gold" and "Podium Programme" initiatives leading...
GEORGE TOWN: The rationalisation of RON 95 petrol subsidies will result in greater savings for the government and should be the next move after the targeted diesel subsidy, says the Consumers’ Association of Penang (CAP). Its president Mohideen Abdul Kader said vulnerable groups affected by fuel rationalisation policies can be given financial aid to cope with...
KUALA LUMPUR: The Indo-Pacific Economic Framework for Prosperity (IPEF) partners, which include Malaysia, said at the inaugural Clean Economy Investor Forum (CEIF) that over US$23 billion of priority infrastructure projects have been identified. In a statement today, the Investment, Trade and Industry Ministry said this includes about US$6 billion of ready projects proponents presented to investors. Its...
HONG KONG: Malaysia and Hong Kong have agreed to collaborate in the field of Technical and Vocational Education and Training (TVET) as well as the economy for mutual benefit. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said it was agreed upon during his meeting with Chief Executive John Lee Ka-chiu of the Hong Kong...
PETALING JAYA: The Cabinet has agreed to rationalise diesel subsidies, says Prime Minister Datuk Seri Anwar Ibrahim. Anwar said this would begin with targeted diesel subsidies in the peninsula first, and later for Sabah and Sarawak. "Almost all families in Sabah and Sarawak use diesel for transportation every day. So, we will postpone this move there," he...
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...
PETALING JAYA: With some Japanese multinational corporations (MNCs) looking beyond Singapore to base their regional headquarters due to the rising cost there, Malaysia has what it takes to position itself as a viable destination, say economists. Sunway University economics professor Dr Yeah Kim Leng said Malaysia’s investment promotion efforts and its rising competitiveness in attracting multinationals...
