Subsidies, Cash Aid As Temporary Buffers Must Lead To Financial Independence - Experts

By Sakini Mohd Said

KUALA LUMPUR, Oct 28 (Bernama) -- The success of government subsidies and cash assistance should be measured not merely by allocations or the number of recipients, but by their effectiveness as temporary financial buffers while helping recipients raise their incomes and achieve long-term financial independence.

SG4 Growth Targets Must Be Supported By Implementation Capacity -- Akmal Nasrullah

KUALA LUMPUR, Oct 27 (Bernama) -- The economic growth target of up to seven per cent per year for Kedah, Kelantan, Terengganu, and Perlis states (SG4) must be supported by implementation capacity, said Economy Minister Akmal Nasrullah Mohd Nasir.

Ringgit Opens Higher Against US Dollar, Major Currencies

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Tuesday as Malaysia’s resilient economic fundamentals continued to support the local note amid lingering geopolitical risks in West Asia, an analyst said.

Malaysia To Benefit From Cross-border Power Project - Fadillah

SINGAPORE, Oct 26 (Bernama) -- Malaysia stands to benefit from a cross-border electricity project involving Petroliam Nasional Bhd (Petronas) and Tenaga Nasional Bhd (TNB) through local contractor participation, engineering expertise and the development of renewable energy certificate mechanisms, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Govt To Implement NDI Approach In 2027 For Aid Eligibility Assessment

KUALA LUMPUR, Oct 26 (Bernama) –- The government will implement the Net Disposable Income (NDI) approach in 2027 to ensure that the assessment of eligibility for aid takes into account demographic factors and liabilities, in addition to income.

Proposal For CPO Export Tax Exemption Still Under Discussion -- Noraini

By Ahmad Erwan Othman

KUALA LUMPUR, Oct 25 (Bernama) -- The proposal for a 10 per cent export tax exemption on crude palm oil (CPO) for November is still in the planning stage and requires further discussion before any decision is made, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

APO Moves Partnership Programme Into Action At Manila Meeting

KUALA LUMPUR, Oct 23 (Bernama) -- The Asian Productivity Organization (APO) has moved its Strategic Partnership Program (SPP) further from planning towards implementation, as heads of national productivity organisations from its member economies met in Manila from Oct 20 to 22.

PM Anwar Fulfils Promise To Expedite Flood Mitigation Projects, Help Long-Suffering Victims

By Mikhail Raj Abdullah

KUALA LUMPUR, Oct 23 (Bernama) -- Staying true to Prime Minister Datuk Seri Anwar’s promise made more than three years ago, the government has expedited the implementation of flood mitigation projects to ease the burden and financial hardship inflicted on victims almost seasonally by this natural disaster.

Zetrix AI Confirms No Payment Default Has Occurred Amid Potential Sukuk Covenant Breach

KUALA LUMPUR, Oct 22 (Bernama)-- Zetrix AI Bhd has confirmed that no payment default has occurred as of today's announcement, amid a potential covenant breach under its sukuk wakalah programme valued at up to RM2 billion.

Fusion Energy Start-Up Hephaestus Emerges With US$17.2 Mln

KUALA LUMPUR, Oct 22 (Bernama) -- London-based fusion energy start-up Hephaestus has emerged from stealth, having raised US$17.2 million to date, with its latest funding round led by CiRi Ventures. (US$1 = RM4.07)

KUSKOP Tightens Oversight Of Foreign e-Commerce Platforms To Protect Local MSMEs

KUALA LUMPUR, Oct 21 (Bernama) -- The Entrepreneur Development and Cooperatives Ministry (KUSKOP) is coordinating efforts to ensure fair competition by strengthening oversight of foreign e-commerce platforms and enhancing the competitiveness of micro, small and medium enterprises (MSMEs).