News by Wong Ee Lin

“The strength and timing of Malaysia’s economic recovery, however, will depend largely on the timely availability of an effective mass vaccination programme."

Effective today (March 12), those who spread fake news "by any means, with intent to cause, or which is likely to cause fear or alarm to the public" could be fined up to RM100,000 or jailed up to three years, or both, if found guilty.

The turbulent political scene in the country has added another layer of uncertainty, especially with the upcoming Budget 2021 slated to be tabled to Parliament on Nov 6.

The facilitation fund aims to help bridge the private-sector viability gap with respect to projects that have a strategic impact and those with huge economic spillover effects.

"They are retrenching about 10% to 20% of their staff force that stands at about 20,000," said a source.

It will also accelerate planned investment projects by government-linked companies this year including one involving 1,400mw of solar power generation to flush more money into the economy.

“For example, to buy PLUS Highway, the Government has to fork out RM30 billion. To spend this amount, it is better for us to spend it on reducing our debt burden. So, at this juncture, we have not decided yet on what we're supposed to do in relation to toll,” said Dr Mahathir.

Dr Mahathir has made it clear that Malaysia is supportive of BRI as this cooperation gives equal treatment to all participating countries, regardless of the size of the country’s economy and population.

The bridge comprises a passage for vehicles, walkways for pedestrials, and a closed passage for utility installations on the ground floor.

In the explanatory statement to these two Bills, the government said they seek to provide for the charging, levying and collecting of sales and services tax, and for matters connected with it.