More than 85% of the manufacturing projects approved from 2021 to 2023 have been implemented to date, led by the Investment, Trade and Industry Ministry and its agency the Malaysian Investment Development Authority (Mida).
The Federation of Malaysian Manufacturers congratulates the unity government for striking a fine balance between fiscal discipline and helping the rakyat to cope with the high cost of living while strengthening the foundation for medium-term growth.
There has been a spate of viral videos showing vehicles from neighbouring countries such as Thailand and Singapore being filled with Malaysia's heavily subsidised RON95 petrol, indicating a blatant disregard for local laws.
