logo
Malaysia must adapt industrial, digital, and green growth policies to become high-income economy, says Anwar

Malaysia must adapt industrial, digital, and green growth policies to become high-income economy, says Anwar

Malay Mail4 days ago

KUALA LUMPUR, June 17 — Malaysia must be adaptive in its policies, have strong institutions, and maintain a clear vision of its chosen direction to achieve its goal of becoming a high-income economy, said Prime Minister Datuk Seri Anwar Ibrahim.
Anwar said the Madani Economic Framework reflects the nation's high-income economy vision and articulates a dual commitment.
'First, industrial policies should be modernised, focusing on sectoral competitiveness, digital transformation, green growth and value chain upgrading.
'Second, the benefits of economic expansion should be broad-based, particularly for the vulnerable and underserved segments of our society,' he said in his keynote address at the Sasana Symposium 2025 here today.
He added that the Madani reform agenda adopts a whole-of-nation approach as the country prioritises five critical areas, namely fiscal sustainability and governance, subsidy rationalisation, tax reform, human capital upliftment and institutional integrity. — Bernama

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

MACC backs new Government Procurement Bill to boost enforcement and tighten oversight
MACC backs new Government Procurement Bill to boost enforcement and tighten oversight

Malay Mail

time22 minutes ago

  • Malay Mail

MACC backs new Government Procurement Bill to boost enforcement and tighten oversight

PUTRAJAYA, June 21 — The Government Procurement Bill, scheduled to be tabled in Parliament this year, is expected to strengthen punitive legal action against parties found guilty of offences related to government procurement. The bill also aims to establish a specific legal framework to regulate the government procurement process, in addition to detailing the powers of stakeholders and enhancing check-and-balance mechanisms to ensure good governance in line with international best practices. The proposal and draft structure of the bill were presented by the Government Procurement Division of the Ministry of Finance, led by its secretary Datuk Norison Ramli, during an engagement session with Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki at the MACC headquarters here today. Norison said the MOF welcomes views and suggestions from the MACC, particularly on enforcement and the application of existing laws under the commission's jurisdiction. Azam expressed his support for the key points of the proposed bill, which he said align with the ongoing National Anti-Corruption Strategy (NACS). 'NACS is the best platform for the MACC to address weaknesses in the government procurement system, and we fully support this initiative,' he said. — Bernama

Razarudin: Cops must back Malaysia's leaders, but those who break laws or Islamic principles must face ‘sailang'
Razarudin: Cops must back Malaysia's leaders, but those who break laws or Islamic principles must face ‘sailang'

Malay Mail

time37 minutes ago

  • Malay Mail

Razarudin: Cops must back Malaysia's leaders, but those who break laws or Islamic principles must face ‘sailang'

KUALA LUMPUR, June 21 — Former inspector-general of police (IGP) Tan Sri Razarudin Hussain has urged the police force to back Malaysia's political leaders, provided that they obey the law and Islamic principles. In an interview with Utusan Malaysia, Razarudin said leaders who violate those principles must face action for their transgressions. 'The unity government has the capability to lead, develop, and boost the nation's economy while earning the trust of both the local population and the international community. 'Therefore, the Royal Malaysia Police must reinforce support for the ulil amri,' he said, using the Arabic term roughly meaning leaders or those with authority. 'Any leader who violates Islamic principles, moral conduct, discipline, or the law must face firm action — or in modern term, be sailang,' he added. Sailang is a Malaysian slang word originating from Cantonese, meaning 'going all in'. However in Malay, the slang word is mostly used to mean 'usurping someone' or 'laying claim to their possession'. 'Leaders must continually bring fresh ideas in line with current developments to avoid falling behind,' Razarudin added. He pointed to the adoption of artificial intelligence (AI), saying Malaysian may now be 15 years behind China after ignoring the technology five years ago. 'In addition, my successor must be responsive, particularly towards the media, as it concerns public issues. 'Information must be conveyed to the media, which in turn must report fairly to keep the public informed on investigation progress,' he said. Yesterday, former director of the Special Branch Datuk Seri Mohd Khalid Ismail was appointed as the new Inspector-General of Police on a two-year contract beginning this Monday. Razarudin stepped down yesterday after a two-year term, previously succeeding Tan Sri Acryl Sani Abdullah Sani.

Malaysia's police force gains global recognition for counterterrorism efforts, says home minister
Malaysia's police force gains global recognition for counterterrorism efforts, says home minister

Malay Mail

time37 minutes ago

  • Malay Mail

Malaysia's police force gains global recognition for counterterrorism efforts, says home minister

KUALA LUMPUR, June 21 — The Royal Malaysia Police's (PDRM) capability in tackling terrorism threats has not only been recognised at the regional level but also by global powers such as the United States, says Home Minister Datuk Seri Saifuddin Nasution Ismail. He said this was evident in the trust placed by the US in PDRM's expertise to carry out the rehabilitation of two Malaysian detainees previously held at Guantanamo Bay, Cuba. 'This shows that in this particular case, the PDRM's Special Branch possesses expertise and competence that convinced a major power like the United States. 'It means we can stand as equals in efforts to address terrorism threats so they do not pose a danger within our own country,' he said during the handover ceremony of the Inspector-General of Police (IGP) post at the Police Training Centre (Pulapol) here today. Media reports previously stated that the US had repatriated two Malaysian citizens in December 2024, after they had been detained at Guantanamo Bay for 18 years. The two individuals involved, Mohammed Farik Amin, 49, and Mohammed Nazir Lep, 48, are currently undergoing a comprehensive rehabilitation process that includes social support services, welfare assistance, and health screening before being reunited with their families. Saifuddin said it was crucial for the country to have a capable IGP, such as the 14th IGP Tan Sri Razarudin Husain, who played a key role in the repatriation of the two men. He praised Razarudin's composure when engaging with various US agencies, including the CIA and FBI, in resolving the matter. Meanwhile, Saifuddin stressed that the appointment of an IGP was not an award but a responsibility and burden that must be shouldered with full accountability. He said this was because the IGP was not only accountable to the nation but also to the entire police force under his leadership. Earlier at the ceremony, Bukit Aman Special Branch director Datuk Seri Mohd Khalid Ismail was officially appointed as the 15th IGP, succeeding Razarudin, effective today. The handover ceremony was witnessed by Saifuddin and attended by Communications Minister Datuk Fahmi Fadzil and senior PDRM officers. — Bernama

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store