◉ HEADLINES

International Monetary Fund

Baseless accusations: Rafizi slams opposition over IMF link to diesel subsidies

Minister asserts that borrowing from the fund is reserved for nations facing severe financial distress or on verge of bankruptcy

IMF pressure on Malaysia’s targeted diesel subsidies? Muhyiddin raises concerns

He questions if new subsidy changes mean government plans to borrow from IMF, which often requires countries to cut subsidies

Nation’s real GDP to grow 4.3% next year due to high global export demand: IMF

Malaysia’s real gross domestic product is expected to grow 4.3% in 2024, up from the 4.0% growth expected for 2023.

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source