malay01
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S&P revises Malaysia’s sovereign credit ratings’ outlook to stable, projects GDP to grow 6.1% in 2022

KUALA LUMPUR: S&P Global Ratings has revised Malaysia’s long-term sovereign credit ratings outlook to ‘stable’ from ‘negative’ as it believes the country is on a strong economic recovery path compared to others at similar income levels, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz, in reference to the global ratings agency’s latest report on […]

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PM: 700 Million Liters of Fuel Smuggled into Laos Every Year

Vientiane Times reports that the Prime Minister told the ongoing National Assembly session that while the country officially imports approximately 1,200 million liters of fuel each year, reports provided by neighboring countries suggest as much as 1,900 million liters have been delivered to Laos. Some 700 million liters of fuel have been smuggled into the country in […]

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malay01
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Pakatan: Government should cut expenses, not subsidies, to help Malaysians with rising prices

KUALA LUMPUR, June 27 — The federal government should institute immediate cost-cutting measures such as freezing all official trips abroad and suspending mega projects to free up funds to address Malaysia’s living cost crisis, said a Pakatan Harapan (PH) committee. The coalition’s cost of living committee also suggested that Prime Minister Datuk Seri Ismail Sabri […]

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