Malaysian
Shelves Large Projects, More Food
KUALA LUMPUR (Reuters) – Malaysia shelved some large building projects on Thursday and pledged to spend $9 billion more to boost rice production and ease poverty, as the government sought to quell growing public anger over rising prices.
High food and fuel prices have rankled Malaysians, threatening to unleash street protests that could break Prime Minister [...]
Toll Go Up
News from Bernama.
KUALA LUMPUR, Nov 28 — The Cabinet has agreed not to raise the toll charges at four main highways, including the North-South Expressway and the Penang Bridge, next year, Works Minister Datuk Seri S. Samy Vellu announced today.
He said the decision was reached at the Cabinet weekly meeting today, which would result in [...]
A Generous Budget For All
Abdullah Unveils A Generous Budget For All
KUALA LUMPUR, Sept 7 (Bernama) — A Budget for all. That sums up the 2008 Budget unveiled by Prime Minister Datuk Seri Abdullah Ahmad Badawi today, which offers goodies to all segments of the Malaysian population, from kindergarten kids, civil servants and businessmen to senior citizens.
Totalling RM176.9 billion, the [...]
Rice : Price Up
Rice More Expensive Now.
By M. KRISHNAMOORTHY
krishna@thestar.com.my
KUALA LUMPUR: The price of rice is up again – this time by 10%.
With effect from July 1, each kilogram of rice at retail outlets will likely cost an extra 50 sen to RM2, depending on the variety and grade of the grain.
This is the second time the rice price [...]
Public Mutual Launching New Funds
Public Bank’s wholly-owned subsidiary, Public Mutual launching two new funds today, 5 June 2007. The funds are Public China Select Fund (PCSF) and Public Islamic Money Market Fund (PIMMF). While on 8 June 2007, they will launch their first Euro Pacific fund, the PB Euro Pacific Equity Fund (PBEPEF).
Malaysians Do Not Have Financial Security
In The Star newspaper yesterday (Sunday May 27, 2007), in the front page and in Focus Pages, reported that most Malaysians do not have financial security. 95% of Malaysians are not prepared for retirement. Despite a growing awareness for the need to prepare for one’s retirement, many do not translate their plans into action.
Those in [...]
Salary Up For Government Servants
PUTRAJAYA, Malaysia (21/May/2007): Malaysian Prime Minister, Datuk Seri Abdullah Ahmad Badawi announced a salary up and the doubling of cost of living allowances for civil servants.
Abdullah said the pay rise could be given because of the economic growth of 5.6%, the effect of fuel prices, positive trends of Bursa Malaysia and improved tax collection.
More than [...]