Budget for prosperity

Focus on 3 main thrusts; 12 key strategies to reclaim ‘Economic Tiger’ status The three main thrusts • Institutional reforms • People’s wellbeing • Promotion of entrepreneurial culture The 12 s...

All sectors covered: PM

KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad said the 2019 Budget tabled yesterday covered every sector in detail without stretching the country’s financial capabilities. He said the budget t...

Measures to get PTPTN borrowers to pay up

KUALA LUMPUR: Five measures will be introduced by the government to assist borrowers from the National Higher Education Fund Corporation (PTPTN) to repay their loans beginning next year, including re...

RM314.5 bil budget

KUALA LUMPUR: Budget 2019, the first budget presented by the Pakatan Harapan government, allocated a total of RM314.5 billion compared to RM290.4 allocated by the previous government for 2018. Tablin...

Malaysia to roar again

KUALA LUMPUR: The new government is steadfast in raising the economic well-being of the people, restoring fiscal health and implementing various institutional reforms to improve accountability and tr...

Household debt level remains manageable in 2018

THE level of household debt in Malaysia is expected to remain manageable in 2018 and 2019, given the stable employment and income, said the Ministry of Finance (MoF). “This is also supported by conti...

Govt sector records RM51.9 bln overall deficit in 2018

THE government sector is estimated to record a higher overall deficit of RM51.9 billion or 3.6 per cent of Gross Domestic Product in 2018 after netting off all intra-transfers and net lending. Under ...

First Iban three-star general retires after 41 years

KOTA SAMARAHAN: The first Iban and first Dayak to be a three-star general in the Malaysian Army yesterday finally called it a day after nearly 42 years of service. Eastern Field Commander,  Lieu...

Probe into Puchong drowning incident 75 pct completed

MIRI: The Fire and Rescue Department’s internal investigation into the exact cause of drowning, involving six firemen during a rescue mission for a teen who drowned after fallng into a mining pond in...