Budget 2024 may see subsidies slashed, more indirect taxes, to rein in RM1 trillion national debt
Malaysia’s economic framework aims to improve people’s quality of life, but it may have to cut subsidies to reduce its RM1,079.59 billion debt. Financial experts say the government should focus on increasing revenue through indirect taxes on sales and services but needs to explain that decision to the rakyat in a clear and concise manner.
Long-time fans Sultan Selangor, Tengku Permaisuri visit Galeri Rumah Lat in Batu Gajah
Cartoonist Datuk Mohammad Nor Mohammad Khalid, better known as Lat, hosted Sultan Selangor, Sultan Sharafuddin Idris Shah Alhaj, and his consort, at the Lat House Gallery in Batu Gajah, Perak, on Oct 7, where the royal couple got a closer look at Lat’s works through the decades.
What has Malaysia learnt from Asian Games outing, if anything?
Stakeholders were quick to release figures that seemed to paint a rosy picture of Malaysia’s recent outing at the Asian Games. However, the debate on whether or not the Southeast Asian nation has truly progressed over the decades, or if it could finally win that elusive gold medal at the 2024 Paris Olympics, continues.