The government has allocated RM1,935 million in electricity subsidy for consumers in Peninsular Malaysia for the January to June 2024 period, according to the Energy Transition and Water Transformation Ministry.
Targeted subsidies are the way to go as the government wants them to only benefit the deserving groups as well as avoiding leakages, said Prime Minister Datuk Seri Anwar Ibrahim.
Prime Minister Datuk Seri Anwar Ibrahim said the government will reduce subsidies for the top 10% of electricity consumers while retaining subsidies for the remaining 90% of users.
The government has reiterated its commitment to improving the delivery mechanism of targeted subsidies, including those related to electricity, diesel, petrol and other social assistance.
A desire to impart her years of experience to the younger generation has seen former world number five squash player Low Wee Wern make the tough decision to hang up her racquet.
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil
Datuk Seri Saarani Mohamad said the process was carried out legally, adding that MB Inc held a series of direct negotiations with the farm operators since 2021, in addition to offering ex-gratia at a reasonable rate.
