Ministry: National Circular Economy Council agrees to legislative transformation for solid waste management

May 1, 2024 by Gias ul Hassan

KUALA LUMPUR, May 1 — The National Circular Economy Council (NCEC) has agreed to a legislative transformation to ensure the circular economy for solid waste management can operate smoothly nationwide. In a statement today, the Housing and Local Government Ministry (KPKT) pointed out that the transformation is necessary because the existing legislation is insufficient to … Read more

Three task forces set up to transform Labuan’s economy, says Dr Zaliha

March 31, 2024 by Gias ul Hassan

LABUAN, March 31 — The Federal Territories Department has set up three task forces to revitalise Labuan’s economy, Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa said. The task forces, focused on tourism development, the construction of the Labuan-Menumbok bridge, and enhancing trans-shipment activities, are poised to be game-changers for Labuan’s economic … Read more

DPM Fadillah: Malaysia committed to reforming the economy, embracing innovation

March 28, 2024 by Gias ul Hassan

KUALA LUMPUR, March 28 — Malaysia remains steadfast in its commitment to reforming the economy while embracing innovation and sustainable development, said Deputy Prime Minister Datuk Seri Fadillah Yusof. Fadillah said under the visionary leadership of Prime Minister Datuk Seri Anwar Ibrahim, Malaysia is embarking on an ambitious agenda of economic transformation driven by the … Read more

Malaysia Airlines reveals new Airbus A330-900 business and economy seats

March 22, 2024 by Gias ul Hassan

KUALA LUMPUR, March 22 ― Malaysia Airlines (MAS) has just unveiled its new seats for the upcoming Airbus A330-900, which is expected to be delivered sometime in Q3 of 2024. The business class seats will be MAS’s first suite business class seats with individual privacy doors, while the Economy seats will feature enhanced in-flight entertainment … Read more

Deputy economy minister: Govt will not arbitrarily impose progressive wage policy

March 20, 2024 by Gias ul Hassan

KUALA LUMPUR, March 20 — Deputy Economy Minister Datuk Hanifah Hajar Taib said while Malaysia’s progressive wage policy is voluntary, incentive-based and related to productivity, there is no compulsion for companies to adopt it. The progressive wage policy is aimed to incentivise the future of companies, she said during a question and answer session at … Read more

Economy Ministry: Development expenditure allocation based on ministries’ requests, priorities

March 14, 2024 by Gias ul Hassan

KUALA LUMPUR, March 14 — The allocation of development expenditure (DE) earmarked for implementing development projects is decided based on requests and priorities stated by the ministries, and not based on the preferences of the state governments, according to the Ministry of Economy. The ministry said that the state governments are given the opportunity to … Read more

Economy Ministry: Johor-Singapore Special Economic Zone Agreement to be inked by end-2024

March 14, 2024 by Gias ul Hassan

KUALA LUMPUR, March 14 — The Johor-Singapore Special Economic Zone (JS-SEZ) joint agreement between Malaysia and Singapore is expected to be inked by the end of this year, according to the Economy Ministry. The agreement will be signed by the prime ministers of both countries during the 11th Malaysia-Singapore Leaders’ Retreat later this year, it … Read more

Deputy Miti minister sees golden opportunity for a second surge in Malaysian economy

March 2, 2024 by Gias ul Hassan

KUALA LUMPUR, March 2 — Political stability, far-sighted economic policies and the green transition provide a golden opportunity for a second surge in the country’s economy after the first jump made in the early 1990s. Deputy Minister of Investment, Trade and Industry Liew Chin Tong said the competition between China and the United States has … Read more

Economy Ministry: 99,040 individuals eligible to be matched with three IPR initiatives as of Feb 24

February 28, 2024 by Gias ul Hassan

KUALA LUMPUR, Feb 28 — A total of 99,040 individuals from the low-income group are eligible to be matched with three People’s Income Initiatives (IPR), namely the Agricultural Entrepreneur Initiative (Intan), the Food Entrepreneur Initiative (Insan) and the Service Operator Initiative (Ikhsan), as at February 4, 2024. According to the Ministry of Economy, the number … Read more

Economy Ministry: More than 3.6 million people registered with Padu

February 28, 2024 by Gias ul Hassan

KUALA LUMPUR, Feb 28 — A total of 3,683,944 Malaysian citizens and permanent residents have registered with the Central Database Hub system as of February 21, according to the Economy Ministry. In a written reply published on the Parliament website today, it said of this number, 1,699,771 people have updated and verified their information and … Read more

May 16, 2024