Wait for Wednesday? PM asks to be given more time to finalise ‘extraordinary tribute' announcement
He said more time is needed to finalise the matter following the recent unity government retreat in Port Dickson.
'These concerns require me to consider what changes and announcements are necessary to ease their demands,' he was quoted saying by New Straits Times.
'I have said that within a day or two, that I will make the announcements, whether in the form of additional measures, but it needs a little more time to address them properly,' he added during the Prime Minister's Department monthly assembly.
Anwar said last week the Finance Ministry is currently refining proposals that can be announced immediately to ease the burden on the people and address current issues.
According to the Prime Minister, the government is currently looking for the best approach to balance the rising cost of living with the country's fiscal capacity, given that existing expenditure on assistance such as the Rahmah Cash Contribution (STR) and civil servant salary increases has reached billions of ringgit.
https://www.facebook.com/anwaribrahimofficial/posts/pfbid02wVhhpAWMdwmDqYrWrnHpczRm1QAwUvcMKv6W5SWzakcRBFDbxPvhFCFUhsSz4FpGl
On July 14, Anwar hinted at the matter through a post on Facebook with a poster reading 'Coming Soon', along with the message: 'An Extraordinary Appreciation for Malaysians. With Malaysiaku.'
The post caught the attention of Malaysians online who generally expressed excitement and anticipation for the announcement which is expected to provide comprehensive benefits to the people.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
35 minutes ago
- Yahoo
Infoline Tec Group Berhad's (KLSE:INFOTEC) Conservative Accounting Might Explain Soft Earnings
The market for Infoline Tec Group Berhad's (KLSE:INFOTEC) shares didn't move much after it posted weak earnings recently. We did some digging, and we believe the earnings are stronger than they seem. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. A Closer Look At Infoline Tec Group Berhad's Earnings In high finance, the key ratio used to measure how well a company converts reported profits into free cash flow (FCF) is the accrual ratio (from cashflow). The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. You could think of the accrual ratio from cashflow as the 'non-FCF profit ratio'. That means a negative accrual ratio is a good thing, because it shows that the company is bringing in more free cash flow than its profit would suggest. While it's not a problem to have a positive accrual ratio, indicating a certain level of non-cash profits, a high accrual ratio is arguably a bad thing, because it indicates paper profits are not matched by cash flow. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking. Infoline Tec Group Berhad has an accrual ratio of -0.25 for the year to March 2025. Therefore, its statutory earnings were very significantly less than its free cashflow. In fact, it had free cash flow of RM23m in the last year, which was a lot more than its statutory profit of RM14.3m. Notably, Infoline Tec Group Berhad had negative free cash flow last year, so the RM23m it produced this year was a welcome improvement. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Infoline Tec Group Berhad. Our Take On Infoline Tec Group Berhad's Profit Performance Happily for shareholders, Infoline Tec Group Berhad produced plenty of free cash flow to back up its statutory profit numbers. Because of this, we think Infoline Tec Group Berhad's underlying earnings potential is as good as, or possibly even better, than the statutory profit makes it seem! And on top of that, its earnings per share have grown at an extremely impressive rate over the last three years. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For example, we've discovered 4 warning signs that you should run your eye over to get a better picture of Infoline Tec Group Berhad. This note has only looked at a single factor that sheds light on the nature of Infoline Tec Group Berhad's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
BLD Plantation Bhd Full Year 2025 Earnings: EPS: RM0.68 (vs RM0.31 in FY 2024)
BLD Plantation Bhd (KLSE:BLDPLNT) Full Year 2025 Results Key Financial Results Revenue: RM1.76b (up 2.7% from FY 2024). Net income: RM63.7m (up 121% from FY 2024). Profit margin: 3.6% (up from 1.7% in FY 2024). EPS: RM0.68 (up from RM0.31 in FY 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period BLD Plantation Bhd shares are down 2.0% from a week ago. Risk Analysis It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with BLD Plantation Bhd, and understanding them should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
2 hours ago
- Bloomberg
Trump Momentum Drives Stablecoin Urgency in Asian Financial Hubs
Asian markets are hurriedly updating their stablecoin rules as President Donald Trump's embrace of US dollar-pegged cryptocurrencies instills a fresh sense of urgency among the region's authorities. Recent developments in South Korea, Hong Kong, Malaysia, Thailand and the Philippines point to a proliferation of stablecoins pegged to Asian currencies — even as authorities raise concerns about capital outflows.
