KUCHING, 11 March 2009: The Barisan Nasional (BN) candidate for the Batang Ai state by-election will be known by Saturday, 14 March. Chief Minister Tan Sri Abdul Taib Mahmud, who is also state BN chairperson, said the decision would be known after a meeting of state BN component parties to be held that day. The […]
stimulus package
Public sector told to speed up projects
KUALA LUMPUR, 17 Feb 2009: Only 70% of the RM7 billion economic stimulus package announced last November to kick-start the economy has been disbursed. As such, Prime Minister Datuk Seri Abdullah Ahmad Badawi wants the public sector to buck up in planning and implementing people-oriented projects under the package to generate economic growth. The prime […]
Help for S’wakians in mini budget
KUCHING, 12 Feb 2009: The mini budget, which is scheduled to be tabled by Deputy Prime Minister and Finance Minister Datuk Seri Najib Razak at the Dewan Rakyat on 10 March, will include financial assistance to Sarawak. “The federal government will offer assistance to those affected by the recent floods. We have made that commitment,” […]
Mini budget to be tabled: Najib
KUALA LUMPUR, 6 Feb 2009: The cabinet has agreed for a mini-budget to be tabled at the next parliament sitting, Deputy Prime Minister Datuk Seri Najib Razak said today. “We are in the process of discussing with parliament as to the procedures and the best timing to present the mini budget in the Dewan Rakyat,” […]
Budget deficit to be revised upwards
KUALA LUMPUR, 29 Jan 2009: Malaysia will revise upwards its projected budget deficit for this year, following the introduction of the second stimulus package to be announced soon, said Deputy Prime Minister Datuk Seri Najib Razak. The quantum of increase in the fiscal deficit would depend on how much the government is going to pump-prime […]
Rehda welcomes govt boost for housing industry
By Elizabeth LooiPETALING JAYA, 4 Nov 2008: The Real Estate and Housing Developers’ Association Malaysia (Rehda) welcomes the government’s latest announcements on the construction and housing industry. Its president Datuk Ng Seing Liong said in a statement that Rehda is pleased that the government has increased its role in providing more low cost and medium cost homes […]
Govt announces RM7 billion stimulus package
By Deborah Loh and Ng Boon HooiKUALA LUMPUR, 4 NOV 2008: The government today announced RM7 billion worth of measures to stimulate economic activity as a crisis response to the global credit crunch. Deputy Prime Minister Datuk Seri Najib Razak, who is also Finance Minister I, said the funds were drawn from the government’s fuel subsidy savings and not from Budget […]
