Malaysia

MALAYSIA: Malaysian Communications and Multimedia Minister Annuar Musa said on Thursday that the government expects to unveil a plan to sell a 70% ownership in the state-run 5G agency to six companies by the end of next week. By the end of June, Malaysia’s government had hoped to complete the sale of Digital Nasional Berhad’s stake. One of Malaysia’s most …

MALAYSIA: Minister Tan Sri Annuar Musa said that the government’s Special Task Force on Jihad Against Inflation will work to keep Malaysia’s inflation rate low and manageable to protect the well-being of Malaysian families. Annuar, the chairman of the task team, said they will focus on all prices of goods and services that could contribute to a rise in the …

MALAYSIA: Earlier this month, Malaysian Prime Minister Ismail Sabri Yaakob was quoted as saying that the government was interested in bringing back the Goods and Services Tax (GST). While he acknowledged that the GST was unpopular, he also argued that the government’s alternatives were restricted because it had lost approximately RM20 billion (US$4.57 billion) in revenue as a result of …

MALAYSIA: Some Malaysian palm oil mills have temporarily halted production due to a drop in prices, according to a miller’s organization representative (Jun 27). Malaysian crude palm oil (CPO) prices tumbled by 22% on Monday, wiping out most of this year’s gains from a peak of 6,632 ringgit (US$1,506.25) per tonne. For the most part, Malaysian millers buy palm fruit …

MALAYSIA: There will not be a float in chicken prices in Malaysia starting on July 1, the country’s administration has decided. According to Prime Minister Ismail Sabri Yaakob, the Agriculture and Food Industries Ministry (MAFI) will soon declare a new price ceiling (Jun 24). According to the Prime Minister, the government’s move shows its care for Malaysian families, who face …

KUALA LUMPUR: According to official statistics released on Friday, Malaysia’s CPI (consumer price index) grew by 2.8 percent year-over-year in May. Reuters polled 17 economists and found that the increase was more than 2.6 percent. The index had increased by 2.3% in April. Related PostsDaruvala, India’s first taste of Formula One, will be with McLarenElon Musk’s daughter wants a name …

KUALA LUMPUR: Former Malaysian minister Mohamed Nazri Abdul Aziz replied to criticism over his idea that floods may be used to promote “voluntourism,” or volunteer tourism, on Monday (June 20). Mr Nazri stated in an interview with Sinar Daily, Sinar Harian’s English portal, on Saturday that instead of wailing over the out-of-control flooding, Malaysia could look for chances by encouraging …

DOHA: Malaysia Airlines’ chief executive said that the airline aims to announce its decision to replace its fleet of 21 Airbus A330 widebodies with more fuel-efficient new-generation planes in mid-to-late July. Malaysia Airlines CEO Izham Ismail told Reuters at the IATA’s annual convention in Qatar that they are at the end of the process and that they are looking at …

MALAYSIA: Malaysia’s government has announced that it will abolish the death penalty and put an end to all executions, in a rare gesture against capital punishment in Asia that has been praised by human rights organizations. Malaysian law minister Wan Junaidi Tuanku Jaafar announced in a statement that mandatory death sentences for major crimes would be replaced with “alternative punishments” …

Malaysia – During the 2022 Indonesian Open, the winner of the men’s singles event at the national level, Lee Zii Jia, exhibited an energizing performance to earn a victory against Sameer Verma of India and proceed to the quarterfinals of the tournament. At the Istora Senayan Stadium in this city, the fifth and sixth seeds in the world defeated Sameer’s challenge …