KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim (pic) has assured that any increase in electricity tariffs will not burden the business community, with 85% of households continuing to receive subsidies. Anwar, who is also the Finance Minister, stated that any tariff hike in the second half of 2025 will not negatively impact the business community. Speaking...
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has described 2024 as a historic year that served as the prelude and foundation for Malaysia's national reform agenda. Anwar, who is also Finance Minister, said throughout 2024, the government initiated transformative efforts with clear political will, sincere intentions and meticulous evaluation to ensure that policies implemented benefit...
KUALA LUMPUR: The Economy Ministry plans to list the full criteria for RON95 petrol subsidy eligibility by the first quarter of 2025, says Rafizi Ramli. "This comprises determining eligibility and classifying the groups," the Economy Minister told the Dewan Rakyat on Tuesday (Dec 10). He added said there is a mechanism in the works for those deemed...
KUALA LUMPUR: While Datuk Seri Anwar Ibrahim remains optimistic about Malaysia’s ranking for the World Competitiveness Ranking (WCR) Report next round, he said that drastic measures will be taken if the ranking does not improve. When speaking at the 47th American Malaysian Chamber of Commerce (AMCHAM) annual general meeting, Anwar in jest said that he would...
PUTRAJAYA: The Domestic Trade and Cost of Living Ministry is studying the basis of applications and appeals from various parties regarding improvements to the Subsidised Diesel Control System (SKDS). Minister Datuk Armizan Mohd Ali said that following the implementation of targeted diesel subsidies, certain parties have directly submitted applications to KPDN to consider adding several types...
KLANG: The rationalization of diesel subsidies will be done this year, says Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali. However, he added that the date has yet to be confirmed. “The Cabinet has agreed in principle to rationalise diesel subsidies this year. For now, the government is ironing out the details on how...
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...
KOTA KINABALU: The subsidies given by the government to the people throughout the country including electricity, fuel and food is expected to exceed RM81bil this year, says Prime Minister Datuk Seri Anwar Ibrahim. He said even though the figure was seen as high, reducing the total subsidy without looking at the needs of the people was...
