1MDB board hails court order blocking PetroSaudi’s US$340m funds Posted on December 13, 2024 By serv KUALA LUMPUR, Dec 12 — The board of 1Malaysia Development Bhd (1MDB) said that it welcomes the High Court’s decision yesterday to allow the government’s application to block PetroSaudi International Ltd (PSI) and its director Tarek Obaid from the fund. It said it believes the US$340 million (RM1.61 billion) linked… Read more
AG holds sole power to prosecute Dr Mahathir over Pulau Batu Puteh, not govt, says law minister Posted on December 13, 2024 By serv KUALA LUMPUR, Dec 12 — Only the attorney general has the authority to prosecute former two-time prime minister Tun Dr Mahathir Mohamad over the loss of Malaysia’s claim to Pulau Batu Puteh. Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said addressed the issue… Read more
‘Will we get Batu Puteh back by punishing Dr Mahathir?’ PKR MP calls for proposed criminal probe against former PM dropped Posted on December 13, 2024 By serv KUALA LUMPUR, Dec 12 — Pasir Gudang MP Hassan Abdul Karim has voiced his opposition to the Royal Commission of Inquiry’s (RCI) suggestion to lodge a police report against former prime minister Tun Dr Mahathir Mohamad over Malaysia’s loss of its claim to Pulau Batu Puteh. Citing Dr Mahathir’sage and… Read more
FLYsiswa flight ticket subsidy up from RM300 to RM400 starting January next year, says transport minister Posted on December 13, 2024 By serv SHAH ALAM, Dec 12 — Transport Minister Anthony Loke today announced that the flight ticket subsidy under FLYsiswa will be increased from RM300 to RM400 per person, starting from January 1, 2025. He said the subsidy will benefit the Public Institutions of Higher Education (IPTA) students from Sabah, Sarawak, and… Read more
Nik Nazmi: Putrajaya has no plan to regulate rare earth elements, sector falls under state govts Posted on December 13, 2024 By serv KUALA LUMPUR, Dec 12 — The government does not plan to establish a new entity to regulate the rare earth element (REE) industry in the country, said Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad. He said this is because the existing legal framework and Federal Constitution are… Read more
Govt has no plans to introduce TVET for students after Year Six, says DPM Zahid Posted on December 12, 2024 By serv KUALA LUMPUR, Dec 11 — The government has no plans to introduce Technical and Vocational Education and Training (TVET) programmes for students who have completed Year Six, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi. Ahmad Zahid, who is also the Minister of Rural and Regional Development, said although… Read more
One year in Kuskop: Ramanan focuses on economic inclusion for Indian community, empowering entrepreneurs Posted on December 12, 2024 By serv PUTRAJAYA, Dec 11 — Empowering the Indian community’s economy remains a key focus for Datuk Seri R. Ramanan as Deputy Minister Of Entrepreneur And Cooperatives Development (Kuskop), aligning with the Madani government’s vision under Prime Minister Datuk Seri Anwar Ibrahim to uplift all Malaysians. Since his appointment, Ramanan has focused… Read more
RM463m boost for public transport as Malaysia prepares for Asean chair and Visit Malaysia Year, says DPM Zahid Posted on December 12, 2024 By serv KUALA LUMPUR, Dec 11 — The Cabinet Committee on Road Safety and Traffic Congestion (JKMKKJR) Meeting Number 3 of 2024 held today approved an allocation of RM463 million to improve public transport services. Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi said this followed the allocation announced in the 2025… Read more
Finance Ministry: No change to retail prices of RON97, RON95, and diesel Posted on December 12, 2024 By serv KUALA LUMPUR, Dec 11 — The retail prices for RON97 and RON95 petrol will remain unchanged at RM3.19 and RM2.05 per litre respectively, from December 12-18. The Ministry of Finance in a statement today said that the retail price of diesel in Peninsular Malaysia will also remain at RM2.95 per… Read more
Rafizi: Malaysia on track to achieve developed nation status by 2027 Posted on December 12, 2024 By serv GEORGE TOWN, Dec 11 — Malaysia is on track to achieve developed nation status as early as 2027, Economic Affairs Minister Rafizi Ramli said. He noted that the country had previously missed out on achieving this milestone twice. “Based on the current projection of the country’s economic growth and currency… Read more