AnwarIbrahim

Malaysian PM Initiates Audit of Sovereign Fund's Troubling Investment

2 months ago

In a significant move aimed at increasing accountability and transparency, Malaysian Prime Minister Anwar Ibrahim has directed a comprehensive audit of the country’s sovereign wealth fund following revelations of substantial losses tied to a controversial investment venture. This decision comes in the wake of growing scrutiny over the management of these public assets, particularly in sectors that are reportedly underperforming.

Malaysia Ignites Economic Engines to Bolster Ringgit Value, Asserts Finance Minister

2 months ago

In a bold statement reflecting a proactive stance on economic recovery, Malaysia's Finance Minister, Anwar Ibrahim, has announced various initiatives aimed at stimulating growth in the Southeast Asian nation. These measures are especially significant in the wake of current economic pressures and a fluctuating currency landscape.

Malaysia to Cut Petrol Subsidies in Mid-2025: Implications and Public Response

2 months ago

In a significant policy shift, the Malaysian government has announced plans to decrease petrol subsidies starting in the middle of 2025. This decision stems from ongoing efforts to manage the country's fiscal health amid fluctuating global oil prices and rising domestic expenditure.