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Ministry gradually shifting to output orientation in providing subsidies to farmers

KUALA LUMPUR: The Ministry of Agriculture and Food Industries (MAFI) is in the process of gradually shifting from input orientation to output orientation in providing subsidies and incentives to farmers. Minister Datuk Seri Ronald Kiandee said presently, any drastic reduction or withdrawal of agricultural input subsidies and incentives is not recommended, as it would directly […]

Increasing subsidies hurting country financially

KUCHING: The rise of crude oil prices has resulted in additional revenue for Malaysia but expenditure to mitigate the effects of the Covid-19 pandemic will put a strain on the country’s finance, says an economist. Datuk Dr Madeline Berma pointed out that the government had allocated RM340 billion for the purpose. “The allocation is a […]

Govt to provide fuel, cooking oil subsidies of up to RM8 bln this year

KUALA LUMPUR: The government is expected to cover fuel and cooking oil subsidies up to RM8.0 billion, which is RM4.22 billion higher than the RM3.78 billion allocated for this year. The government has spent RM6.32 billion on fuel and cooking oil subsidies in 2019 and RM2.16 billion for 2020. Finance Minister Tengku Datuk Seri Zafrul […]

SEDC continues to support local entrepreneurs

KUCHING: Sarawak Economic Development Corporation (SEDC) through its subsidiaries will continue to support local entrepreneurs as part of the commitment towards economic post Covid-19. SEDC general manager Abdul Hadi Abdul Kadir said the agency was also closely monitoring those under its entrepreneurship development programmes in coping with the impacts of the pandemic. “Places such as […]

‘Look into high costs of flight tickets’

KUCHING: The federal government should look into addressing the high costs of flight tickets from Malaya to Sarawak or Sabah now that interstate travels are allowed, said Bandar Kuching MP Dr Kelvin Yii. He was alluding to Prime Minister Tan Sri Muhyiddin Yassin’s announcement on Sunday on the implementation of the recovery movement control order […]