Latest news with #Amir Hamzah Azizan
Malay Mail
21-07-2025
- Business
- Malay Mail
Fahmi: Putrajaya pauses RON95 subsidy cuts to ‘fine-tune' policy, avoid burdening public
KUALA LUMPUR, July 21 — Communications Minister Datuk Fahmi Fadzil today said the rationalisation of RON95 fuel subsidies has been delayed to allow for further fine-tuning. He said the reason for the delay is that Prime Minister Datuk Seri Anwar Ibrahim does not want the policy to burden most Malaysians. 'The prime minister expressed his view that he does not want the implementation of any policy to negatively affect the majority of the people. 'It is this process of fine-tuning that has resulted in a slight shift in the timeline,' he said in a press conference at the Parliament here. According to Fahmi, previous policies had been fine-tuned to avoid causing unnecessary hardship to the people. 'That is one of the reasons why, following the implementation of measures such as the diesel subsidy rationalisation and other efforts, we found it necessary to re-examine the subsidy delivery mechanism. 'In the same spirit of minimising impact, even the expansion of the sales and services tax (SST) underwent further refinements after it was announced. 'The same approach applies to policies that have yet to be implemented but were previously indicated including the targeted subsidy for RON95,' he said. Earlier this month, Second Finance Minister Datuk Seri Amir Hamzah Azizan said the government is focusing on finalising the details of the RON95 subsidy rationalisation, which was initially scheduled to begin in the second half of this year.
Malay Mail
11-07-2025
- Business
- Malay Mail
Finance Minister II cooperative in PAC hearing on MAHB privatisation, says panel
KUALA LUMPUR, July 11 — Finance Minister II Datuk Seri Amir Hamzah Azizan has provided good cooperation throughout the Public Accounts Committee (PAC) proceedings regarding the issue of share sales and privatisation of Malaysia Airports Holdings Berhad (MAHB). PAC member Sim Tze Tzin stated that yesterday's proceedings went smoothly and Amir Hamzah successfully answered all questions from the committee. 'Just finished the proceedings, now we need to go through the report. The proceedings went well, (Amir Hamzah) was responsive and answered all questions,' he said when contacted last night. Meanwhile, PAC Chairman Datuk Mas Ermieyati Samsudin, through a Facebook post, said the proceedings with Amir Hamzah were the seventh this week. 'The proceedings lasted for 2 hours and 35 minutes,' she said. When contacted tonight, Mas Ermieyati said that the PAC would issue a statement regarding the proceedings today. Yesterday, Mas Ermieyati stated that the move to summon Amir Hamzah was to continue the proceedings concerning the management of public airports under the Ministry of Finance, MAHB, Khazanah Nasional Berhad, and the Employees Provident Fund (EPF). Throughout this week, the PAC has held six proceedings on the issue, involving six witnesses: former MAHB Chief Executive Officer Raja Azmi Raja Nazuddin, Hong Leong Investment Bank Berhad (HLIB) Chief Executive Officer Lee Jim Leng, and Retirement Fund Incorporated (KWAP) Chief Executive Officer Datuk Nik Amlizan Mahamed. The other three witnesses were Permodalan Nasional Berhad (PNB) Group President and Chief Executive Datuk Abdul Rahman Ahmad, Bursa Malaysia Chief Executive Officer Datuk Fad'l Mohamed, and Securities Commission Malaysia (SC) Executive Director Datuk Zain Azhari Mazlan, who represented SC Chairman Datuk Mohammad Faiz Azmi. — Bernama
