logo
Former MIC president Palanivel mourned as a statesman and advocate for education

Former MIC president Palanivel mourned as a statesman and advocate for education

Malay Mail4 hours ago

KUALA LUMPUR, June 18 — Political leaders today paid their final respects to former MIC president Datuk Seri G. Palanivel, who passed away yesterday morning at the age of 76.
DAP leaders M. Kulasegaran and Teresa Kok expressed their condolences, calling his death a significant loss to the nation.
'In Parliament, he was honest and frank. Even though he was from the opposing side, he was always accommodating and good-natured,' said Kulasegaran at Palanivel's family home in Bangsar.
Seputeh MP Teresa Kok remembered him as a gentleman during his tenure in government.
'I had a good relationship with both him and Tun Samy Vellu. Whenever I faced issues in my constituency, they stepped in to help. I'm grateful for all his advice. His passing is truly a loss to the nation. May he rest in peace,' she said.
Palanivel, who also served as Minister of Natural Resources and Environment, died yesterday morning at Kuala Lumpur Hospital at 8am.
The former MIC president led the party from 2010 to 2015, strengthening its influence within Barisan Nasional (BN) and expanding educational opportunities for ethnic Indians through the Maju Institute of Educational Development and the founding of AIMST University.
He was first elected as the Hulu Selangor MP in 1990, serving four consecutive terms before losing the seat in 2008. He later returned to Parliament in 2013 as the Cameron Highlands MP.
MORE TO COME

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Fiscal reforms will boost social protection funding, says economist
Fiscal reforms will boost social protection funding, says economist

Free Malaysia Today

timean hour ago

  • Free Malaysia Today

Fiscal reforms will boost social protection funding, says economist

The Sumbangan Asas Rahmah (SARA) programme is one of several government initiatives aimed at easing the burden on vulnerable groups. PETALING JAYA : Fiscal reforms, including the expansion of the sales and service tax (SST), will boost social spending and allow Putrajaya to deliver targeted aid to a wider population, says an economist. Madeline Berma, a senior fellow at Institut Masa Depan Malaysia, said the country would struggle to strengthen its social safety nets without the additional revenue. Malaysia is among the lowest tax-revenue collectors in Southeast Asia. Madeline said Malaysia's tax-to-gross domestic product (GDP) ratio stood at just 12.5% last year, well below the Organisation for Economic Co-operation and Development's average of 34.1%. Madeline Berma. 'Malaysia's inadequate social protection stems from several factors, including low tax revenue and income inequality. 'In terms of social spending as a percentage of GDP, Malaysia lags behind both high- and upper-middle-income countries,' she told FMT. 'Fiscal reforms – including increasing tax revenue – are vital to creating enough fiscal space to boost social spending and deliver more targeted assistance.' Madeline said the SST expansion, which kicks in on July 1, is projected to increase tax revenue by more than RM5 billion. She said this will allow Putrajaya to channel additional funds to direct cash assistance programmes, such as Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA). She also said the higher tax revenue could be used to finance improvements to infrastructure and public services, which would in turn raise productivity levels and help narrow the gap between the rich and poor. Such fiscal reforms, she added, could help resolve two major shortcomings in Malaysia's social protection system – insufficient coverage and inadequate benefits. 'This is especially relevant for informal workers and in addressing gaps in retirement, health and injury coverage,' she said. Treasury secretary-general Johan Mahmood Merican previously said the expansion of the SST was necessary to strengthen Malaysia's fiscal position by increasing revenue for better social protection – without burdening the majority of the population. He said the move was expected to benefit 5.4 million lower and middle-income Malaysians. On June 9, the finance ministry announced that essential goods would remain tax-exempt, while a 5% to 10% SST would apply to non-essential items such as king crab, salmon, truffle mushrooms and imported fruits. The scope of the service tax will also be widened to include rentals, leasing, construction, financial services, private healthcare and private education. However, public healthcare for Malaysians will remain SST-exempt. Addressing the potential impact of the expanded SST, Madeline acknowledged that some companies may pass on the increase in costs to consumers. However, she expects the impact to be minimal, since essential goods are not affected. Expand post-retirement protection Barjoyai Bardai. Meanwhile, economist Barjoyai Bardai proposed that workers who have contributed to the Social Security Organisation (PERKESO) for more than two years be eligible for protection after retirement, as part of a comprehensive long-term social protection plan. The academic at the Malaysian University of Science and Technology called for such contributors to be given a pension equivalent to half of their last drawn salary. He also suggested making contributions mandatory for micro, small and medium enterprise owners and self-employed individuals – including farmers, fishers and service providers – under a takaful scheme, to ensure effective protection.

Fiscal reforms aimed at boosting public finances, protecting low-income groups
Fiscal reforms aimed at boosting public finances, protecting low-income groups

Free Malaysia Today

timean hour ago

  • Free Malaysia Today

Fiscal reforms aimed at boosting public finances, protecting low-income groups

Treasury secretary-general Johan Mahmood Merican assured the public that the government is working to ensure that essential daily goods remain unaffected by the expansion of the sales and service tax. (Facebook pic) PETALING JAYA : The government's fiscal reform efforts, including the sales and service tax (SST) and the rationalisation of electricity and diesel subsidies, are aimed at strengthening public finances while protecting low-income groups and key economic sectors. Treasury secretary-general Johan Mahmood Merican today acknowledged recent public discussions on the SST expansion and said that the government was working to ensure that essential daily goods remain unaffected, reported Bernama. Speaking at the Sasana Symposium 2025 hosted by Bank Negara Malaysia, Johan stressed the need to broaden the country's tax base to ensure sustainable expenditure as well as to meet growing demands for social protection and basic infrastructure. 'We need to increase our tax base as our tax-to-GDP (ratio) is about 12.5%, which is among the lowest in this region,' he said. 'How do we then try to approach it more progressively? It is the government that needs to provide additional funding.' Johan also emphasised the importance of targeted subsidies and assistance, saying that providing the same aid to both high- and low-income groups undermines equity. He highlighted the increase in government cash assistance, with Sumbangan Tunai Rahmah (STR) rising from RM10 billion in 2024 to RM13 billion this year, and the inclusion of Sumbangan Asas Rahmah. He said while a progressive wealth tax was appealing and aligned with Islamic principles such as zakat, it presented major challenges in terms of administration, enforcement, and data availability. He said that income and consumption taxes were easier to manage due to the regular and traceable transactions, whereas wealth was harder to assess and value. 'I think the real challenge – and it is not just a Malaysian issue – is that it is quite challenging to administer a wealth tax compared to an income tax,' he added. Last week, the finance ministry announced that zero tax rates would remain for essential goods, while a rate of 5% to 10% would be imposed on non-essential items from July 1. The scope of the service tax will be expanded to cover rental, leasing, construction, financial services, and private healthcare and education services. Under the new tax regime, a 6% service tax will be imposed on construction services for infrastructure, commercial, and industrial buildings if the taxable value exceeds RM1.5 million annually. The same rate applies to private healthcare, traditional and complementary medicine, and allied health services provided to foreigners, on service providers exceeding the RM1.5 million threshold. Services directly impacting Malaysians such as public and some private healthcare will continue to be exempted from the service tax.

Now, everyone can get 5pc discount on Penang's overhang properties, says chief minister
Now, everyone can get 5pc discount on Penang's overhang properties, says chief minister

Malay Mail

timean hour ago

  • Malay Mail

Now, everyone can get 5pc discount on Penang's overhang properties, says chief minister

GEORGE TOWN, June 18 — The Penang government is now giving a 5 per cent discount to anyone who takes up completed but long unsold homes in the state. Chief Minister Chow Kon Yeow said the decision was made today to help reduce the number of overhang properties in Penang. 'There are 2,729 overhang units in Penang,' he said at a press conference, referring to unsold homes that have been completed for more than nine months. These homes have a total value of RM2.04 billion, based on data from the National Property Information Centre (Napic) for the first quarter of 2025. The discount is part of the Madani Ownership Campaign and will last for one year. It only applies to projects by developers registered with the Penang Housing Board. Most of the unsold units – 2,044 – are apartments or condominiums. There are 699 unsold homes priced below RM300,000, worth RM180 million. Another 730 homes are priced between RM300,001 and RM500,000, worth RM300 million. Homes priced above RM1 million make up 646 units, with a total value of RM1.07 billion. The expansion follows the state government's previous announcement that the discount would apply only to Indian Muslims, which led to public criticism. Chow later asked the state housing exco, Datuk Seri S. Sundarajoo, to review the policy so that it would be fair to everyone.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store