Latest news with #EconomyMinistry


Bloomberg
a day ago
- Business
- Bloomberg
Germany Holds Early Talks on How to Exit Energy Firm SEFE
Germany's economy ministry is studying options for how to exit nationalized energy company Securing Energy for Europe GmbH, people with knowledge of the matter said. Some officials have been holding early-stage deliberations as they evaluate a range of possible ways to exit SEFE, which could include a sale or breakup of the business, or a potential merger with fellow nationalized energy company Uniper SE, according to the people. The economy ministry department overseeing SEFE is tasked with drawing up a plan by mid-2025.

The Star
2 days ago
- Business
- The Star
13MP to be tabled in Parliament on July 28
PUTRAJAYA: The 13th Malaysia Plan (13MP) is expected to be tabled in Parliament on July 28, says government spokesman Datuk Fahmi Fadzil. He said at the Cabinet meeting yesterday, Economy Ministry secretary-general Datuk Nor Azmie Diron presented a briefing summary on the Plan's implementation. Fahmi said Prime Minister Datuk Seri Anwar Ibrahim had requested all ministries to review the draft presented and provide feedback to the ministry before it is finalised for tabling in Parliament. 'This will be the first Malaysia Plan to be tabled by the Prime Minister,' he said at his weekly press conference yesterday. On Tuesday, Anwar had said that the Plan would mark a turning point in the government's efforts to address national economic challenges, including development and income gaps, limited fiscal space, and the slow pace of structural economic transition. The 13MP, which covers 2026-2030 is one of the government's key policy documents for implementing its economic agenda. On another matter, Fahmi said enforcement measures to curb the online sale of prohibited items, including drug-laced vape products, will soon be laid out. He said a meeting will be held with Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali and Health Minister Datuk Seri Dr Dzulkefly Ahmad to discuss enforcement measures on banned products. This includes the sale of liquids believed to contain banned drugs through apps, social media platforms and online in general. Fahmi said the move reflects the government's commitment to tackling the widespread availability of such products online. 'The outcome of the meeting will be presented to the Cabinet, followed by enforcement action against individual sellers or platforms that enable such sales.' Fahmi also said the Online Safety Act 2024 is expected to be enforced soon after several key processes related to the legislation are finalised, adding he is currently awaiting the draft of the Act. 'Once it is ready and I sign the gazette to enforce the Act, it will come into effect,' he said. Fahmi said a committee will also be set up by the Minister in the Prime Minister's Department (Law and Institutional Reform), Datuk Seri Azalina Othman Said, to oversee the implementation of the Act. 'This committee will have regulatory powers over the enforcement of the Act, such as defining what constitutes online harms,' he explained.


The Sun
2 days ago
- Business
- The Sun
13MP expected to be tabled in Parliament on July 28
PUTRAJAYA: The 13th Malaysia Plan (13MP) is expected to be tabled in Parliament on July 28, MADANI Government spokesman Datuk Fahmi Fadzil said today. Fahmi, who is also the Minister of Communications, said that during today's Cabinet meeting, Economy Ministry secretary-general Datuk Nor Azmie Diron presented a briefing and a brief summary on the implementation of the 13MP. He said Prime Minister Datuk Seri Anwar Ibrahim had requested all ministries to review the draft presented and provide feedback to the Economy Ministry soon before it is finalised for tabling in Parliament. 'I believe the tabling of the 13MP is expected to take place on July 28, 2025. 'This, Insya-Allah, will be the first Malaysia Plan to be tabled by the Prime Minister (Anwar),' he said at his weekly press conference here. Yesterday, Anwar, who is also the Finance Minister, said that the 13MP would mark a turning point in the government's efforts to address national economic challenges, including development and income gaps, limited fiscal space, and the slow pace of structural economic transition. The 13MP, which covers the 2026-2030 period, is one of the government's key policy documents for implementing the MADANI Economy agenda. On another matter, Fahmi said the Prime Minister also reminded Cabinet members to continue efforts to upgrade and improve 30 schools located in military camps across the country. He added that the Prime Minister was also satisfied with the progress of work on the Littoral Combat Ship (LCS) project by Lumut Naval Shipyard (Lunas), describing it as a commendable achievement. 'Projects like the LCS, which have been successfully undertaken and are able to be completed, including by local engineers, are a proud achievement,' he said.

Barnama
2 days ago
- Business
- Barnama
13MP Expected To Be Tabled In Parliament On July 28
PUTRAJAYA, June 18 (Bernama) -- The 13th Malaysia Plan (13MP) is expected to be tabled in Parliament on July 28, MADANI Government spokesman Datuk Fahmi Fadzil said today. Fahmi, who is also the Minister of Communications, said that during today's Cabinet meeting, Economy Ministry secretary-general Datuk Nor Azmie Diron presented a briefing and a brief summary on the implementation of the 13MP. He said Prime Minister Datuk Seri Anwar Ibrahim had requested all ministries to review the draft presented and provide feedback to the Economy Ministry soon before it is finalised for tabling in Parliament. 'I believe the tabling of the 13MP is expected to take place on July 28, 2025. 'This, Insya-Allah, will be the first Malaysia Plan to be tabled by the Prime Minister (Anwar),' he said at his weekly press conference here. Yesterday, Anwar, who is also the Finance Minister, said that the 13MP would mark a turning point in the government's efforts to address national economic challenges, including development and income gaps, limited fiscal space, and the slow pace of structural economic transition. The 13MP, which covers the 2026-2030 period, is one of the government's key policy documents for implementing the MADANI Economy agenda. On another matter, Fahmi said the Prime Minister also reminded Cabinet members to continue efforts to upgrade and improve 30 schools located in military camps across the country. He added that the Prime Minister was also satisfied with the progress of work on the Littoral Combat Ship (LCS) project by Lumut Naval Shipyard (Lunas), describing it as a commendable achievement.


New Straits Times
2 days ago
- Business
- New Straits Times
13MP to be tabled in Parliament on July 28, says Fahmi
PUTRAJAYA: The government is set to table the 13th Malaysia Plan (13MP) in the Dewan Rakyat on July 28, says unity government spokesman Datuk Fahmi Fadzil. Fahmi, who is also the Communications Minister, said the cabinet was presented with a draft of the 13MP by Economy Ministry secretary-general Datuk Nor Azmie Diron. "At today's cabinet meeting, the Prime Minister (Datuk Seri Anwar Ibrahim) requested that all ministries conduct a thorough review of the draft and provide feedback before it is finalised for tabling in Parliament," he said at a press conference.