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The move comes after Colombo cut subsidies, doubled taxes and promised to privatise hundreds of state enterprises under a $2.9 billion IMF bailout agreed in March.
The move comes after Colombo cut subsidies, doubled taxes and promised to privatise hundreds of state enterprises under a $2.9 billion IMF bailout agreed in March.
News
Sri Lanka unveils debt restructure to tackle economic crisis
COLOMBO - Sri Lanka's central bank unveiled a far-reaching debt restructuring plan on Thursday...
US President Joe Biden speaks about the economy at the Old Post Office in Chicago, Illinois, on June 28, 2023. - Photo by AFP
US President Joe Biden speaks about the economy at the Old Post Office in Chicago, Illinois, on June 28, 2023. - Photo by AFP
News
Biden says 'Bidenomics' will restore the American dream
CHICAGO - President Joe Biden vowed Wednesday to restore the American dream in a speech promoting...
Two indicators that have led to the prediction, which are the US Conference Board’s leading economic index and the shape of the yield curve in the US Treasury. - AFP PIX
Two indicators that have led to the prediction, which are the US Conference Board’s leading economic index and the shape of the yield curve in the US Treasury. - AFP PIX
National
Eastspring warns the odds of a US recession rising
KUALA LUMPUR - Eastspring Investments (Eastspring) has warned that the odds of a recession in the...
Dr Yeah Kim Leng
Dr Yeah Kim Leng
National
Traders may finally shift to cashless payment to woo digital savvy youths, says economist
SHAH ALAM - Traders are told to leverage on cashless payment to increase sales as more digital savvy...
Governor Tan Sri Nor Shamsiah Mohd Yunus - Facebook
Governor Tan Sri Nor Shamsiah Mohd Yunus - Facebook
National
Through a pandemic and four prime ministers, BNM stood tall under governor Nor Shamsiah
KUALA LUMPUR - "Outstanding achievement” is the most accurate phrase to illustrate Bank Negara...
Uniphore newly appointed Chief Product Officer (CPO) - Facebook
Uniphore newly appointed Chief Product Officer (CPO) - Facebook
News
Uniphore appoints Tushar Shah as chief product officer
PALO ALTO, US - Uniphore, one of the largest global AI-native conversational AI providers for the...
Photo for illustrative purpose only
Photo for illustrative purpose only
National
Grandmother falls victim to phone scam syndicate, losses RM80,000
KUANTAN - An elderly woman lost RM79,992 after falling victim to a phone scam syndicate posing as...
The ministry said the e-Tunai Belia Rahmah registration and payment period is from June 26 to Aug 22. - Facebook
The ministry said the e-Tunai Belia Rahmah registration and payment period is from June 26 to Aug 22. - Facebook
National
Registration for e-Tunai Belia Rahmah opens June 26
PUTRAJAYA - Youths aged 18 to 20 or full-time students at institutions of higher education (IPT) can...
Prime Minister Datuk Seri Anwar Ibrahim - BERNAMA
Prime Minister Datuk Seri Anwar Ibrahim - BERNAMA
National
Govt will do all that is needed to promote inclusive growth, accelerate projects - PM Anwar
KUALA LUMPUR - The government will do all that is needed to drive inclusive and sustainable growth...
Road users to pay tolls using debit and credit card would be implemented starting September at 12 highways.
Road users to pay tolls using debit and credit card would be implemented starting September at 12 highways.
National
Open payment system with debit, credit cards allowed at 12 highways from Sept
KUALA LUMPUR - The open payment system, which allows road users to pay tolls using debit and credit...
New
Malaysia’s austerity measures, introduced amid rising oil prices and geopolitical uncertainty, are seen as necessary but increasingly burdensome for households and businesses. - Photo: Edited via Canva
Malaysia’s austerity measures, introduced amid rising oil prices and geopolitical uncertainty, are seen as necessary but increasingly burdensome for households and businesses. - Photo: Edited via Canva
Austerity push raises pressure on households, SMEs
Amid a US–Iran war-driven global energy crisis and rising fuel costs, households are facing mounting financial pressure, turning everyday spending into strict efforts to stretch every ringgit. Photo: Edited via Canva
Amid a US–Iran war-driven global energy crisis and rising fuel costs, households are facing mounting financial pressure, turning everyday spending into strict efforts to stretch every ringgit. Photo: Edited via Canva
10 smart ways Malaysians can stretch every ringgit amid global oil crisis
As global oil prices surge and fiscal pressures intensify, Malaysia has rolled out new austerity measures to strengthen its financial position.
As global oil prices surge and fiscal pressures intensify, Malaysia has rolled out new austerity measures to strengthen its financial position.
Malaysia’s austerity drive raises growth, household strain concerns
Photo for illustration purposes only.
Photo for illustration purposes only.
What is UEC and why is it so controversial in Malaysia? Explained
Azlinda speaking during the press conference today. (SINAR PHOTO)
Azlinda speaking during the press conference today. (SINAR PHOTO)
UEC, tahfiz leavers entering IPTA to receive government subsidies via mainstream channel
Most Popular
Indonesia’s Chromebook procurement scandal: What you need to know
Indonesia's former education minister Nadiem Makarim attends his trial at the Corruption Court in Jakarta on Jan 12, 2026. - (Photo by BAY ISMOYO / AFP)
Indonesia's former education minister Nadiem Makarim attends his trial at the Corruption Court in Jakarta on Jan 12, 2026. - (Photo by BAY ISMOYO / AFP)
NKVE accident: Viral video shows car struck three times near Duta Toll Plaza, one arrested
A multi-vehicle accident along the New Klang Valley Expressway (NKVE) near the Duta Toll Plaza on Friday night turned chaotic after a car was struck three times within minutes, in an incident that later went viral on social media.
A multi-vehicle accident along the New Klang Valley Expressway (NKVE) near the Duta Toll Plaza on Friday night turned chaotic after a car was struck three times within minutes, in an incident that later went viral on social media.
CCTV captures repeated incidents of woman defecating in front of Seremban shop
CCTV footage at the location captured the actions of the woman, who is alleged to frequently defecate. Photo: NegeriSembilanKini
CCTV footage at the location captured the actions of the woman, who is alleged to frequently defecate. Photo: NegeriSembilanKini
Police hunt man who lured boy with phone package offer before confining and sexually assaulting teen in Bukit Kemuning
Police are tracking down a man believed to have confined and sexually assaulted a 14-year-old boy in an apartment in Bukit Kemuning, Section 32, here, yesterday.
Police are tracking down a man believed to have confined and sexually assaulted a 14-year-old boy in an apartment in Bukit Kemuning, Section 32, here, yesterday.
Why Astro lost the Fifa World Cup 2026 rights after 20 years and what it means for Malaysian fans
For the first time in two decades, Astro Malaysia Holdings will lose FIFA World Cup broadcasting rights in Malaysia, with RTM and Unifi TV confirmed as the new broadcasters from 2026. Photo: X / @FIFA
For the first time in two decades, Astro Malaysia Holdings will lose FIFA World Cup broadcasting rights in Malaysia, with RTM and Unifi TV confirmed as the new broadcasters from 2026. Photo: X / @FIFA
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