Round-the-clock breaking news from Malaysia.
Prime Minister Anwar Ibrahim has announced a substantial 50 percent increase in maintenance funding for Malaysian schools, raising the annual allocation from RM1 billion to RM1.5 billion by 2027.
Malaysia's status as a net energy exporter masks significant vulnerability to oil price fluctuations, according to Kenanga Investment Bank. The country runs a crude oil deficit offset by LNG surpluses, creating fiscal risks.
Prime Minister Anwar Ibrahim has pledged that the MADANI Government will continue prioritising educators' welfare and national education system development, emphasising Malaysia's commitment to allocating the highest budget proportion to education among UNESCO member nations.
Malaysia's Economy Ministry has projected development expenditure of RM58 billion for 2027, maintaining the government's commitment to allocating 70 per cent toward essential infrastructure and services as it seeks sustained economic momentum.
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Malaysia's theme park and family attractions sector is pushing the government to repeal the 73-year-old Entertainment Duty Act 1953, arguing the colonial-era tax burdens families and undermines child development.