Latest news with #RoyalMalaysiaPoliceCooperativeBhd


New Straits Times
a day ago
- Business
- New Straits Times
PM: Govt mulls discount on police cooperative's old, bad debts
KUALA LUMPUR: The government will consider the possibility of writing off old and irrecoverable debts under the Royal Malaysia Police Cooperative Bhd (RMPC), Prime Minister Datuk Seri Anwar Ibrahim said today. However, Anwar said any such move must be carried out responsibly, with a focus on ensuring the cooperative's sustainable management. "I do not think it is reasonable for us to write off everything, but I believe that with good management and solid performance, we can offer a reasonable reduction," he said in his keynote address at the RMPC Annual General Meeting. Anwar, who is also the finance minister, requested that the Home Ministry provide him with the cooperative's financial report to be presented to the Finance Ministry.


New Straits Times
a day ago
- Business
- New Straits Times
PM: RMPC could be awarded projects to support police welfare
KUALA LUMPUR: The government will consider awarding suitable projects to the Royal Malaysia Police Cooperative Bhd (RMPC) as part of efforts to improve welfare support for policemen. Prime Minister Datuk Seri Anwar Ibrahim said the move aimed to provide additional funds to increase members' returns. "We will review these projects thoroughly to ensure they are suitable and that the cooperative is capable of carrying them out efficiently. "If implemented properly, these projects could benefit a large number of cooperative members," he said in his keynote address at the RMPC Annual General Meeting today. Anwar said this in response to a request made by Inspector-General of Police Tan Sri Razarudin Husain earlier in his speech, which included a proposal to award the contract for the construction of the Kelantan police headquarters, among others.