Tag: Anwar Ibrahim

Ringgit Strengthens on Government’s Pragmatic Fuel Subsidy Adjustment Amid West Asia Tensions

KUALA LUMPUR — The Malaysian ringgit opened higher for the fourth consecutive day, following the government’s announcement of a measured approach to fuel subsidies aimed at balancing fiscal discipline with cost-of-living concerns amid ongoing West Asian tensions. At 8am, the local currency rose to 3.9855/4.0050 against the US dollar, up from Thursday’s close of 3.9920/3.9955. Prime Minister Datuk Seri Anwar Ibrahim, in a special message yesterday, announced that effective April 1, the individual monthly quota for the BUDI95 fuel programme will be temporarily reduced from 300 litres to 200 litres per month due to the geopolitical situation. The adjustment is expected to have minimal impact on most Malaysians, as average consumption remains around 100 litres monthly, with nearly 90 percent using less than 200 litres. Anwar also confirmed that Iran has permitted Malaysian oil tankers to pass through the Strait of Hormuz, easing supply concerns. Bank Muamalat Malaysia Bhd Chief Economist Mohd Afzanizam Abdul Rashid said the move demonstrates the government’s commitment to balancing fiscal responsibility with household welfare amid global market pressures. “This is a positive development for the ringgit, reflecting timely government action in response to the fallout from tensions in West Asia,” he said. SPI Asset Management’s managing partner Stephen Innes noted that the temporary reprieve granted by US President Donald Trump on potential attacks on Iran’s energy infrastructure has eased safe-haven demand for the US dollar, providing further support to the ringgit. The local currency also strengthened against other major and regional currencies. It rose against the Japanese yen to 2.4951/2.5077, the British pound to 5.3143/5.3403, and the euro to 4.5969/4.6194. Against ASEAN currencies, it gained against the Singapore dollar at 3.0994/3.1148, the Thai baht at 12.0868/12.1566, the Indonesian rupiah at 235.7/237.0, and the Philippine peso at 6.61/6.65. The ringgit’s sustained momentum reflects market confidence in Malaysia’s proactive economic measures despite ongoing global uncertainties.

KUALA LUMPUR — The Malaysian ringgit opened higher for the fourth consecutive day, following the government’s announcement of a measured approach to fuel subsidies aimed at balancing fiscal discipline with cost-of-living concerns amid ongoing West Asian tensions. At 8am, the local currency rose to 3.9855/4.0050 against the US dollar, up from Thursday’s close of 3.9920/3.9955. […]

Maintaining BUDI95 Fuel Quota for E-Hailing Drivers Seen as Key to Cost Stability

KUALA LUMPUR, March 26 — The decision to retain the Budi MADANI RON95 (BUDI95) fuel quota of up to 800 litres per month for e-hailing drivers and gig workers has been welcomed as a timely measure to help stabilise operating costs amid global uncertainties. Malaysian e-Hailing Coalition (GEM) Chief Activist Masrizal Mahidin said the move would not only ease financial pressures on drivers but could also boost demand for e-hailing services, particularly following the temporary adjustment to BUDI95 eligibility set to take effect next month. He noted that the revised quota for general eligibility — reduced from 300 litres to 200 litres per month starting April 1, 2026 — may encourage more urban commuters to opt for e-hailing services instead of using private vehicles, potentially increasing drivers’ income opportunities. Earlier, Prime Minister Datuk Seri Anwar Ibrahim announced the adjustment in response to the ongoing conflict in West Asia, while maintaining the subsidised fuel price under the BUDI95 initiative at RM1.99 per litre to cushion the impact on the public. Masrizal stressed that while maintaining the higher quota for e-hailing drivers offers immediate relief, long-term strategies are needed to address rising fuel costs driven by global oil price volatility. Among the proposals highlighted were incentives to accelerate the adoption of electric vehicles (EVs), along with improved infrastructure, social protection measures, insurance coverage, emergency funds and skills training to strengthen the resilience of gig workers. Meanwhile, Federation of Malaysian Consumers Associations (FOMCA) Chief Executive Officer Dr T. Saravanan said the decision reflects the government’s awareness of the challenges faced by those whose livelihoods depend heavily on fuel usage. He added that maintaining the 800-litre quota is crucial in ensuring market stability, while preventing misuse or excessive purchases that could disrupt fuel supply. Saravanan also called on consumers to remain patient and understand the necessity of the temporary quota adjustment, describing it as a prudent step towards safeguarding energy security, ensuring stable supply and promoting responsible fuel management.

KUALA LUMPUR — The decision to retain the Budi MADANI RON95 (BUDI95) fuel quota of up to 800 litres per month for e-hailing drivers and gig workers has been welcomed as a timely measure to help stabilise operating costs amid global uncertainties. Malaysian e-Hailing Coalition (GEM) Chief Activist Masrizal Mahidin said the move would not […]

Malaysia appreciates Egypt’s contribution towards de-escalation in West Asia – PM Anwar

Malaysia has reaffirmed its commitment to elevating bilateral relations with Egypt to a Strategic Partnership following a telephone conversation between Prime Minister Anwar Ibrahim and Egyptian President Abdel Fattah El-Sisi. During the call, Anwar conveyed Aidilfitri greetings while both leaders exchanged views on the evolving situation in West Asia. Malaysia expressed concern over the ongoing conflict and commended Egypt’s role in encouraging de-escalation, dialogue and an immediate cessation of violence. On the Palestinian issue, Malaysia reiterated its support for Egypt’s efforts in providing assistance to Gaza and stressed that any peace initiative must include a continued ceasefire and uninterrupted humanitarian access. The Prime Minister also sought Egypt’s support for Malaysia’s planned 2026 humanitarian aid mission, which is expected to be carried out through the Rafah border crossing in the near future.

KUALA LUMPUR — Malaysia has reaffirmed its commitment to elevating bilateral relations with Egypt to a Strategic Partnership following a telephone conversation between Prime Minister Anwar Ibrahim and Egyptian President Abdel Fattah El-Sisi. During the call, Anwar conveyed Aidilfitri greetings while both leaders exchanged views on the evolving situation in West Asia. Malaysia expressed concern […]

Malaysia, China Strengthen Security Cooperation in Courtesy Call by Minister Chen Yixin

KUALA LUMPUR — Malaysia has reaffirmed its commitment to strengthening bilateral ties with China following a courtesy call by China’s Minister of Internal Security, Chen Yixin, who is on his first visit to the country this year. The visit by the senior Chinese leader was described as a significant gesture reflecting the close and friendly relations between both nations, with the MADANI Government expressing appreciation for the continued engagement at the highest levels. Discussions during the meeting focused on enhancing bilateral cooperation, particularly in the area of security, as well as addressing current global geopolitical developments that require closer collaboration between Malaysia and China to ensure regional stability. Both sides also underscored the importance of strengthening diplomatic relations and security partnerships in facing future challenges, with the aim of preserving the social and economic prosperity enjoyed by the people of both countries. The meeting concluded with a shared commitment to further deepen cooperation across various sectors, reinforcing the longstanding ties between Malaysia and China.

KUALA LUMPUR — Malaysia has reaffirmed its commitment to strengthening bilateral ties with China following a courtesy call by China’s Minister of Internal Security, Chen Yixin, who is on his first visit to the country this year. The visit by the senior Chinese leader was described as a significant gesture reflecting the close and friendly […]

PKR Pledges Full Cooperation Over Alleged RM10 Million Misconduct Involving Party MP

KUALA LUMPUR — PKR has expressed its readiness to fully cooperate with authorities regarding allegations involving one of its Members of Parliament in a RM10 million misconduct case. Party Information Chief Datuk Fahmi Fadzil said the party leadership had been briefed on the media reports concerning the allegations and would leave the matter entirely to the authorities for further investigation. “We have not held any meeting regarding this matter, but the leadership has been informed of the reports. If there is any wrongdoing, we leave it to the authorities to conduct the investigation. We have nothing to hide and the party will cooperate fully with law enforcement,” he told reporters after attending the 219th Police Day celebration at the Kuala Lumpur Police Training Centre (PULAPOL) today. Fahmi, who is also the Communications Minister, added that Prime Minister Datuk Seri Anwar Ibrahim has previously made it clear that the government will not shield anyone involved in misconduct. “This principle applies to all groups, including party members or MPs from the government bloc,” he said. Regarding the party’s next steps, Fahmi stressed that any investigation must begin with an official report from the complainant to enforcement agencies such as the Royal Malaysia Police (PDRM) or the Malaysian Anti-Corruption Commission (SPRM). “It is up to the complainant to lodge a police report or report to any other enforcement body. This is the process that must be followed before any further action is taken,” he explained. The allegation stems from media reports that businessman Victor Chin Boon Long, linked to the ‘corporate mafia’ scandal, claimed that a PKR MP had asked him to provide RM10 million in cash to resolve the matter. On 16 March, police confirmed raids on several properties belonging to the businessman in Kemensah and Sungai Long, Kajang. However, both he and his wife were reportedly not present during the operations.

KUALA LUMPUR — PKR has expressed its readiness to fully cooperate with authorities regarding allegations involving one of its Members of Parliament in a RM10 million misconduct case. Party Information Chief Datuk Fahmi Fadzil said the party leadership had been briefed on the media reports concerning the allegations and would leave the matter entirely to […]

Malaysia Calls for Lebanon Ceasefire Expansion, Reaffirms Support in PM’s Call with Nawaf Salam

KUALA LUMPUR — Malaysia has expressed concern over the escalating security situation in southern Lebanon and rising regional tensions following a telephone conversation between Prime Minister Datuk Seri Anwar Ibrahim and his Lebanese counterpart, Nawaf Salam. During the call, Anwar extended Hari Raya Aidilfitri 1447H greetings while discussing the latest developments in Lebanon, particularly the worsening security and humanitarian conditions. He also conveyed Malaysia’s appreciation to the Lebanese Government for its continued support in ensuring the safety and welfare of Malaysian Battalion (MALBATT) personnel serving under the United Nations Interim Force in Lebanon (UNIFIL), enabling them to carry out their duties effectively despite challenging circumstances. Anwar noted that Malaysia is advocating for the expansion of the current ceasefire to include Lebanon, highlighting the severe impact of the conflict, which has reportedly displaced about one million people and resulted in over 1,000 casualties. Reaffirming Malaysia’s stance, he stressed the country’s support for Lebanon’s sovereignty, strongly condemned attacks on public infrastructure, and called on all parties involved to de-escalate tensions and return to diplomatic dialogue. He also raised concerns over the increasingly urgent humanitarian situation in the region. The conversation concluded with Malaysia reiterating its commitment to continue working closely with Lebanon and international partners to help restore peace and stability in the region.

KUALA LUMPUR — Malaysia has expressed concern over the escalating security situation in southern Lebanon and rising regional tensions following a telephone conversation between Prime Minister Datuk Seri Anwar Ibrahim and his Lebanese counterpart, Nawaf Salam. During the call, Anwar extended Hari Raya Aidilfitri 1447H greetings while discussing the latest developments in Lebanon, particularly the […]

219th Police Day Celebrated Nationwide, Honouring PDRM’s Service and Sacrifice

KUALA LUMPUR — The 219th Police Day celebration was marked nationwide today with a strong sense of pride and patriotism, honouring the dedication and sacrifices of the Royal Malaysia Police (PDRM) in safeguarding the country’s peace and sovereignty for more than 200 years. The annual event not only reflected on the force’s long-standing history but also paid tribute to the unwavering commitment of its personnel in serving both the nation and the community. In the capital, Prime Minister Datuk Seri Anwar Ibrahim attended the celebration at the Kuala Lumpur Police Training Centre (PULAPOL), where he officiated the launch of the MESRA PDRM Book, a crime awareness initiative aimed at children and teenagers. Also present were Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, Home Minister Datuk Seri Saifuddin Nasution Ismail, Communications Minister Datuk Fahmi Fadzil, Deputy Home Minister Datuk Seri Dr Shamsul Anuar Nasarah, Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar, Inspector-General of Police Datuk Seri Mohd Khalid Ismail and Deputy IGP Tan Sri Ayob Khan Mydin Pitchay. In Selangor, approximately 200 attendees comprising police officers, personnel, retirees and members of the public gathered at the North Klang district police headquarters (IPD) celebration held at the hall of Sekolah Jenis Kebangsaan Cina (SJKC) Soo Jin in Kapar. North Klang police chief ACP S. Vijaya Rao presented certificates of appreciation to 50 recipients, including 20 members of the public, in recognition of their cooperation, information sharing and active involvement in police initiatives throughout the past year. In Negeri Sembilan, the celebration was officiated by state deputy police chief SAC Mohd Nasharudin Mohd Shariff, who delivered the Inspector-General of Police’s message before an audience of 275 officers and personnel. Certificates of appreciation were also awarded to 17 individuals, including NGO representatives, members of the public and media personnel, for their contributions and support towards PDRM. Meanwhile, in Pahang, state police chief Datuk Seri Yahaya Othman attended the event at the PDRM Logistics Complex in Kuantan, where 22 individuals comprising officers, personnel and members of the public received letters of appreciation for their service and dedication. In Terengganu, 43 recipients, including police personnel, officers and members of the Terengganu Police Family Association (PERKEP), were recognised for their excellent service at the state-level celebration held at the police contingent headquarters (IPK). The event, which featured poetry recitals, a war dance performance and a special montage, took place at Universiti Sultan Zainal Abidin and was officiated by Terengganu deputy police chief SAC Suffian Sulaiman, with around 500 attendees. In Perlis, state deputy police chief SAC Zaihairul Idrus officiated the celebration at the Perlis IPK hall in Kangar, where 48 recipients, including PDRM strategic partners such as SUKSIS, auxiliary police, retirees and media practitioners, were honoured with letters of appreciation. In Penang, state deputy police chief Datuk Mohd Alwi Zainal Abidin, representing state police chief Datuk Azizee Ismail, delivered the Inspector-General of Police’s message to about 400 officers and civil servants at the Marine Police Force Region 1 headquarters community hall in Batu Uban, George Town. He also presented letters of appreciation to 14 strategic partners, including Penang Malaysian Anti-Corruption Commission (MACC) director Datuk S. Karunanithy, as well as 17 PERKEP members, acknowledging their continued cooperation with the police. In Sarawak, the state-level celebration was officiated by Deputy Police Commissioner DCP Saifullizan Ishak at the Sarawak IPK. The ceremony saw police personnel and members of the public receiving letters of appreciation for their contributions and dedication to the Sang Saka Biru force and society, followed by a cake-cutting ceremony symbolising the occasion

KUALA LUMPUR — The 219th Police Day celebration was marked nationwide today with a strong sense of pride and patriotism, honouring the dedication and sacrifices of the Royal Malaysia Police (PDRM) in safeguarding the country’s peace and sovereignty for more than 200 years. The annual event not only reflected on the force’s long-standing history but […]

PM Anwar Ibrahim, Lawrence Wong Discuss West Asia Conflict, Urge Ceasefire

KUALA LUMPUR — Anwar Ibrahim held talks with Lawrence Wong on the escalating conflict in West Asia, expressing concern over its growing impact on the global economy and Southeast Asia. Both leaders supported the United Nations call for an immediate ceasefire and urged all parties to return to negotiations, emphasising that disputes must be resolved through dialogue and diplomacy. They also voiced concern over the closure of the Strait of Hormuz and ongoing attacks on critical infrastructure, warning of potential disruptions to global oil markets and regional energy security. Anwar reaffirmed Malaysia’s commitment to supporting efforts to de-escalate tensions and promote peace, justice and stability in the region.

KUALA LUMPUR — PM Anwar Ibrahim held talks with PM of Singapore, Lawrence Wong on the escalating conflict in West Asia, expressing concern over its growing impact on the global economy and Southeast Asia. Both leaders supported the United Nations call for an immediate ceasefire and urged all parties to return to negotiations, emphasising that […]