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Experts call for lifecycle approach to strengthen social protections in Malaysia

Experts call for lifecycle approach to strengthen social protections in Malaysia

There is a need to move away from blanket subsidies and adopt a lifecycle approach to broaden social protections for Malaysians.
Fri Oct 18 2024
Cabinet approval needed for ending subsidies for affluent students - Zambry

Cabinet approval needed for ending subsidies for affluent students - Zambry

We will proceed with the discontinuation (of subsidies) once a Cabinet decision is made, says Datuk Seri Dr Zambry Abd Kadir.
Tue Oct 01 2024
Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

According to MoF, the official 2024 forecasts for inflation and GDP growth remain at 2.0-3.5 per cent and 4.0-5.0 per cent, respectively.
Wed Jul 31 2024
MADANI govt remains resolute despite facing criticism for unpopular decisions - PM

MADANI govt remains resolute despite facing criticism for unpopular decisions - PM

Datuk Seri Anwar Ibrahim said it was crucial to strengthen the economy as revenue was wasted and subsidies weren't reaching target groups.
Tue Jul 02 2024
[COLUMNIST] Agriculture sector need more than subsidies to boost productivity and food security

[COLUMNIST] Agriculture sector need more than subsidies to boost productivity and food security

To increase agricultural productivity, a combination of financial, logistical, and technological supportsisneeded.
Thu Jun 20 2024
Price hikes by S’pore tour agencies show diesel subsidy rationalisation needs to continue - PM

Price hikes by S’pore tour agencies show diesel subsidy rationalisation needs to continue - PM

All tour buses and travel companies from S'pore want to raise prices because they can't get diesel subsidies, said Datuk Seri Anwar Ibrahim.
Tue Jun 18 2024
Diesel subsidy not abolished, gov't still bears RM7 bln in subsidies - PM

Diesel subsidy not abolished, gov't still bears RM7 bln in subsidies - PM

Diesel subsidy rationalisation ensures efficient management to prevent misuse and reach the appropriate groups.
Mon Jun 17 2024
Grade A, B and C egg prices drop by three sen each starting today - PM

Grade A, B and C egg prices drop by three sen each starting today - PM

Datuk Seri Anwar Ibrahim said new retail prices for Grade A, B, and C eggs are 42 sen, 40 sen and 38 sen each respectively effective today.
Mon Jun 17 2024
KPDN studying proposals for additional vehicles eligible for Diesel Subsidies under SKDS

KPDN studying proposals for additional vehicles eligible for Diesel Subsidies under SKDS

The Ministry of Domestic Trade and Cost of Living (KPDN) is studying the basis of applications and appeals from various parties regarding improvements to the Subsidised Diesel Control System (SKDS).
Wed Jun 12 2024
Targeted fuel subsidy will help consolidate govt's fiscal position - Economists

Targeted fuel subsidy will help consolidate govt's fiscal position - Economists

Shan Saeed said more countries are now removing subsidies and move to a more market-driven approach.
Tue Jun 11 2024
Wait for diesel price float announcement - PM

Wait for diesel price float announcement - PM

To avoid a sharp rise in the cost of goods and services, subsidies will continue for traders using diesel-powered commercial vehicles.
Tue May 28 2024
Petrol pain coming for Malaysia's elderly

Petrol pain coming for Malaysia's elderly

Malaysia's elderly population is set to feel the full force of its planned removal of fuel subsidies.
Sun May 05 2024
PM to delve into various issues, initiatives, in special TV interview at 9pm

PM to delve into various issues, initiatives, in special TV interview at 9pm

Datuk Seri Anwar Ibrahim will also explain the government's steps in addressing the cost of living, including various subsidies provided.
Wed May 01 2024
Targeted subsidies implementation will not affect foreign investments - Tengku Zafrul

Targeted subsidies implementation will not affect foreign investments - Tengku Zafrul

Tengku Datuk Seri Zafrul Abdul Aziz said implementation would not affect foreign investments as investors have invested for the long term.
Mon Apr 01 2024
PADU registrations surge to 7.7 million - Rafizi

PADU registrations surge to 7.7 million - Rafizi

Of the registrations to date, the percentage of individuals aged 18 years and above has reached 35.1 per cent.
Mon Mar 25 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024
Minimum wage to increase to RM1,700 effective Feb 1, 2025

Minimum wage to increase to RM1,700 effective Feb 1, 2025

The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Fri Oct 18 2024