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economic

Help people deal with economic crisis: Raja Nazrin

March 16, 2009

IPOH, 16 March 2009: The Raja Muda of Perak Raja Dr Nazrin Shah wants people to be kept abreast of the present economic downturn and given guidance on how to deal with it. He called for the sermons and events in mosques to assume the role of helping to deliver the right message to the […]

Muhyiddin: People want real change

March 12, 2009

KUALA LUMPUR, 11 March 2009: Umno vice-president Tan Sri Muhyiddin Yassin said people want real change in the party and no longer want to hear that the party will change. “It is important to show Umno is ready to change and overcome weaknesses that may exist. The people are not interested to hear Umno will […]

Conditional cooperation on economic front: Anwar

March 11, 2009

KUALA LUMPUR, 11 March 2009: Opposition Leader Datuk Seri Anwar Ibrahim said the opposition was prepared to cooperate for the people’s benefit in tackling the worsening economic crisis, but on certain conditions. Anwar (PKR-Permatang Pauh) said the “olive branch” offered by the government was a sign it wanted to cooperate with the opposition, but he […]

A bigger and better stimulus plan

By Anna Taing

March 11, 2009

THE RM60 billion mini budget tabled in Parliament on Tuesday, 10 March 2009 is by far a better and more comprehensive package than the first RM7 billion plan that was announced last November. But then again, the economic environment today has taken a turn for the worst compared to a few months ago, and there […]

Package to stave off economic downturn

March 10, 2009

KUALA LUMPUR, 10 March 2009: The government today unveiled its second economic stimulus package totalling RM60 billion, comprising initiatives and ideas to invigorate vital sectors to maintain the people’s welfare and prosperity in the face of the global economic downturn. Deputy Prime Minister and Finance Minister Datuk Seri Najib Razak, when tabling the package in […]

RM20b to clean up Klang River

By Yong Min Wei

March 10, 2009

KUALA LUMPUR, 10 March 2009: The Selangor government has embarked on an ambitious plan to implement a RM20 billion clean-up and rehabilitation of the Klang River towards creating a catalyst for economic development in the state. Menteri Besar Tan Sri Abdul Khalid Ibrahim said the project that could stretch over a decade was to enhance […]

Survey: M’sia’s property outlook bleak

March 6, 2009

KUALA LUMPUR, 6 March 2009: A survey by thinkproperty.my shows Malaysia’s negative property outlook has deteriorated further, currently at 51%, the lowest since the survey began in May 2008. “Clearly we saw a sharp drop in the index in February. “With unemployment rising and Malaysia’s trading partners suffering from the economic slowdown, we believe the […]

Unemployment among women to rise

March 6, 2009

BANGKOK, 6 March 2009: The global economic crisis is expected to increase the number of unemployed women by up to 22 million this year, the International Labour Office (ILO) said in its latest report. The ILO, in its annual Global Employment Trends (GET) for Women report released today, said the global economic crisis would make […]

Penang sets up economic action council

March 5, 2009

PENANG, 5 March 2009: The Penang government has set up a state economic action council (SEAC) which will advise the state government on tackling the current economic crisis. Chief Minister Lim Guan Eng said the SEAC would identify current economic issues at the state level, make recommendations, and draw up strategies and an effective action […]

Perak exco vacation allowance withdrawn

February 25, 2009

TELUK INTAN, 25 Feb 2009: The annual vacation allowance of RM20,000 for each of the six Perak state executive council (exco) members will be withdrawn and utilised instead to overcome the people’s problems, said newly-appointed Barisan Nasional Menteri Besar Datuk Dr Zambry Abdul Kadir. He said it would not be appropriate for the total allocation […]

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