Targeted fuel subsidies won’t solve Malaysia’s cost of living crisis — Rajesh Balakrishnan

Targeted fuel subsidies won’t solve Malaysia’s cost of living crisis — Rajesh Balakrishnan

APRIL 15 — As the recently collated data on Padu gets reviewed, targeted subsidies will replace blanket subsidies soon. While this saves the government lots of money, will it truly ease the financial burden on the rakyat? There’s an elephant in the room behind rising costs of living: our heavy reliance on personal vehicles. This … Read more

PM Anwar: Targeted subsidies ensure 85pc of people get benefits 

PM Anwar: Targeted subsidies ensure 85pc of people get benefits 

PADANG BESAR, April 1 — Prime Minister Datuk Seri Anwar Ibrahim said the government’s move to implement targeted subsidies is aimed at ensuring that the benefits are truly enjoyed by 80 to 85 per cent of the population. Advertisement He said the move also aims to prevent the wealthy and the estimated 3.5 million foreigners … Read more

Targeted subsidies implementation will not affect foreign investments, says Tengku Zafrul

Targeted subsidies implementation will not affect foreign investments, says Tengku Zafrul

PASIR SALAK, March 31 — The implementation of targeted subsidies in the future, as considered by the government, will not affect foreign investments in the country, said Minister of Investment, Trade and Industry Datuk Seri Tengku Zafrul Abdul Aziz. He said the implementation, if carried out, would not affect foreign investments because investors have invested … Read more

Rafizi: Delay in implementing targeted subsidies would cost govt RM2b a month in blanket petrol subsidies 

Rafizi: Delay in implementing targeted subsidies would cost govt RM2b a month in blanket petrol subsidies 

SHAH ALAM, March 23 — The government will have to bear at least RM2 billion a month for blanket petrol subsidies if it continues to delay the implementation of targeted subsidies, says Economy Minister Rafizi Ramli. He said as announced in the last Budget, the government needed to adhere to the scheduled restructuring of bulk … Read more

Pharmacists urge Putrajaya to reconsider generational smoking ban after revelation that MPs targeted by tobacco lobbyists

Pharmacists urge Putrajaya to reconsider generational smoking ban after revelation that MPs targeted by tobacco lobbyists

KUALA LUMPUR, March 15 — The Malaysian Pharmacists Society (MPS) today urged the federal government to revisit discussions on the smoking and vaping generational end-game (GEG) provision which was recently discarded. Following the revelation that MPs had met vaping lobbyists in the Parliament, its president Prof Amrahi Buang, said the government should consider the long-term … Read more

Rafizi: Padu’s March 31 deadline set so govt can roll out targeted subsidies immediately

Rafizi: Padu’s March 31 deadline set so govt can roll out targeted subsidies immediately

PUTRAJAYA, Jan 4 — Putrajaya said today that Malaysians were given March 31 as the deadline to register and update their details in the Central Database Hub (Padu) so targeted subsidies can then be distributed as soon as possible. Economy Minister Rafizi Ramli said Putrajaya can extend the deadline, but this would mean that needy … Read more

PM Anwar launches Padu database to improve delivery of targeted subsidies

PM Anwar launches Padu database to improve delivery of targeted subsidies

PUTRAJAYA, Jan 2 — Prime Minister Datuk Seri Anwar Ibrahim officially launched the Central Database Hub (Padu) today, paving the way towards fairer distribution of targeted subsidies for Malaysians in need. In his speech, Anwar acknowledged the criticism that followed Padu’s announcement but spoke of the need to digitise the delivery system, saying that failure … Read more

Padu, a tool to ensure govt’s efficiency in delivering targeted subsidies, to be launched today

Padu, a tool to ensure govt’s efficiency in delivering targeted subsidies, to be launched today

KUALA LUMPUR, Jan 2 — The long-awaited Central Database System (Padu) will go live later today after its official launch by Prime Minister Datuk Seri Anwar Ibrahim. This will also mean that Malaysians who are eligible for targeted subsidies are one step closer to receiving the much-needed aid, as the government will use Padu to … Read more

MAGID, A LEADING STRATEGY CONSULTING FIRM, AND CLARITAS, A PIONEER IN DATA-DRIVEN MARKETING INTELLIGENCE, PARTNER TO PROVIDE UNPARALLELED TARGETED MARKETING SOLUTIONS TO THE STREAMING ECOSYSTEM

MAGID, A LEADING STRATEGY CONSULTING FIRM, AND CLARITAS, A PIONEER IN DATA-DRIVEN MARKETING INTELLIGENCE, PARTNER TO PROVIDE UNPARALLELED TARGETED MARKETING SOLUTIONS TO THE STREAMING ECOSYSTEM

NEW YORK, Dec. 28, 2023 (GLOBE NEWSWIRE) — Magid, a strategy consulting firm serving the media industry for over six decades, today announced a strategic alliance with Claritas®, a data-driven marketing leader that helps marketers achieve superior ROI. Under this agreement, Magid’s proprietary segmentation insights from SubScape™, introduced to the market this year, will fuel … Read more

Finance Ministry: Targeted EPF withdrawals will worsen the insufficiency of retirement savings 

Finance Ministry: Targeted EPF withdrawals will worsen the insufficiency of retirement savings 

KUALA LUMPUR, Nov 23 — Any new additional pre-retirement withdrawals, whether targeted or open, will further exacerbate the issue of insufficient retirement savings, which is currently at a very alarming level, the Ministry of Finance said. The ministry said it is also not a solution to the increasing financial burden of the people. “As of … Read more