15,000 Sarawak students receive special financial aid for higher education
Deputy Prime Minister Datuk Seri Fadillah Yusof confirmed the approvals in a Facebook post today, stating that payments will be distributed in stages to remaining beneficiaries.
The aid programme, launched by Sarawak Premier Tan Sri Abang Johari Tun Openg in Kuala Lumpur, is set to benefit 42,000 students with an allocation of RM50.5 million.
Fadillah highlighted that the initiative provides RM1,200 in pocket money to all Sarawakian students in IPTs, regardless of family income.
'This reflects the Sarawak Government's commitment to ensuring no student is left behind due to financial constraints,' he said.
The aid aims to ease parents' financial burdens while helping students manage daily expenses.
In addition to the pocket money assistance, the state government is rolling out other support measures, including free laptops and book vouchers for students from low-income families.
The Sarawak Graduates Return Initiative (IGPS), offering a RM300 flight ticket subsidy twice a year, is also available.
Fadillah expressed gratitude to the Sarawak Premier for approving the aid, emphasising its role in inclusive development.
'These initiatives stem from Sarawak's sustainable economic policy, translating state revenue into direct welfare benefits,' he said. - Bernama
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
an hour ago
- New Straits Times
13MP: Malaysia eyes up to 5.5pct GDP, 6.0pct private investment growths annually by 2030
KUALA LUMPUR: The 13th Malaysia Plan (13MP), covering 2026 to 2030, has set ambitious yet attainable targets aimed at boosting economic growth, raising household income and ensuring inclusive development across sectors. Among the goals, the country's gross domestic product (GDP) is projected to grow between 4.5 and 5.5 per cent annually. Sector-wise, agriculture is expected to expand by 1.5 per cent a year, mining by 2.8 per cent, construction by 5.0 per cent, manufacturing by 5.8 per cent and services by 5.2 per cent. To drive economic expansion, total investments are projected to grow 5.5 per cent annually. Private investment is targeted to grow at 6.0 per cent annually, amounting to RM417.9 billion while public investment is expected to rise by 3.6 per cent or RM112.9 billion annually. Malaysia's gross exports are forecast to increase 5.8 per cent annually by 2030 with the current account balance to gross national income (GNI) projected to reach 2.2 per cent by 2030. Other economic targets include increasing labour productivity by 3.6 per cent annually, achieving full employment by 2030, and keeping inflation within 2.0 per cent to 3.0 per cent. The fiscal deficit is expected to fall below 3.0 per cent by the end of the plan period. GNI per capita is projected to reach RM77,200, with employee compensation to GDP targeted at 40 per cent. The average monthly household income is expected to rise to RM12,000, while the absolute poverty rate is targeted to drop to 4.7 per cent. To strengthen socio-economic resilience, the plan targets a 1.1 per cent annual population growth and a 20-year increase in post-retirement life expectancy by 2050. The Malaysia Well-being Index (MyWI) is projected to grow by 1.6 per cent annually. In education, Malaysia aims to align its Programme for International Student Assessment (PISA) and Trends in International Mathematics and Science Study (TIMSS) scores with global benchmarks. It also targets 70.1 per cent of graduates to work in fields related to their qualifications by 2030. In healthcare, the plan aims to reduce out-of-pocket expenses and lower the percentage of adults with health risk factors to 32 per cent. By 2030, the government aims to deliver 500,000 affordable housing units to meet rising demand and ensure broader homeownership access.
New Straits Times
2 hours ago
- New Straits Times
Malaysia sets RM1 trillion E&E export target by 2030
KUALA LUMPUR: Malaysia aims to increase electrical and electronic (E&E) product export value to nearly RM1 trillion by 2030 through the High Value–High Technology Semiconductor Industry Flagship Project under the 13th Malaysia Plan (13MP). Prime Minister Datuk Seri Anwar Ibrahim said the key strategic plans, the New Industrial Master Plan 2030 (NIMP 2030), the National Semiconductor Strategy (NSS), and the National Energy Transition Roadmap (NETR), will be intensified to drive inclusive and sustainable economic growth. "We take great pride in Malaysia's position as the world's sixth-largest exporter of semiconductors, contributing to exports of electrical and electronic (E&E) products valued at over RM600 billion in 2024. "This momentum will be optimised through the implementation of the High Value–High Technology Semiconductor Industry Flagship Project, with the goal of increasing E&E export value to nearly RM1 trillion by 2030," he said.
Barnama
3 hours ago
- Barnama
Ambank Islamic Concludes Amrewards 4.0 Campaign With Prizes Worth RM3 Million
KUALA LUMPUR, July 31 (Bernama) -- AmBank Islamic has concluded its fourth instalment of the AmRewards campaign with prizes worth more than RM3 million. Topping the winners list is Mr. Ow Yong Kee Keong from Batu Pahat branch who walked away with RM1,000,000 cash. Mr. Tang Khai Chor from Tanjung Bungah branch came in second place taking home RM300,000 cash and Madam Lee Hwee Lan from Johor Bahru-Bukit Indah branch bagged a cash prize of RM100,000.
