Prime Minister Datuk Seri Ismail Sabri Yaakob announced his new Cabinet line-up last Friday. Apart from Tengku Zafrul and Mustapa, Datuk Seri Mohamed Azmin Ali also retained his post as the Senior Minister and International Trade and Industry Minister. Maybank IB analyst Anand Pathmakanthan pointed out that although there was no Deputy PM named and most ministers from the prior …

Datuk Seri Tengku Zafrul Tengku Abdul Aziz, the Coordinating Minister for the National Recovery Plan (PPN) said that workplace Covid-19 clusters already reaching a number of 735 clusters have recorded 60,000 cases which is the highest from June 1 to July 23. According to the finance minister, among all the clusters, a total of 373 or 50.7 per cent are …

Former minister Datuk Raja Nong Chik Raja Zainal Abidin warns UMNO to contest for Lembah Pantai for the general election if the party fields an outsider. The UMNO leader was reportedly saying that although he supports having the younger candidate to contest, it was still critical for them to come from the constituencies they were aiming to represent, such that …

KUALA LUMPUR: As of March 5, the government had approved 7,072 applications totaling RM1.334 billion in loans under the national economic recovery plan’s (Penjana) small and medium enterprise (SME) finance scheme, up from RM1.315 billion a week earlier. The total allocation of RM2 billion under the scheme, according to Finance Minister Tengku Zafrul Abdul Aziz, prioritized SMEs that had not …

KUALA LUMPUR- In the short term, Malaysia did not hesitate to extend its fiscal stance to support counter-cyclical economic recovery packages and RM322.5 billion in the nation’s largest national budget for 2021. Even though it was Malaysia’s largest budget ever, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said it was thought about with a simple fiscal consolidation strategy to, …