Latest news with #KPKT
New Straits Times
13 hours ago
- Business
- New Straits Times
Nga: Anwar's fuel price cut proves promises kept
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim's announcement of initiatives to ease the people's cost of living proves that the Madani government is fulfilling its promises, said Housing and Local Government (KPKT) Minister Nga Kor Ming. He said the reduction of the RON95 fuel price to RM1.99 per litre makes it one of the lowest in the world. "This demonstrates his concern in addressing cost-of-living issues despite financial constraints. On behalf of 22,000 KPKT families, I would like to thank the Prime Minister for the good news. Anwar said if he became Prime Minister, fuel prices would go down, and now, they will really go down. "Even with the current financial limitations, we've managed to reduce the fuel price, maintain toll rates, provide SARA (Sumbangan Asas Rahmah), and give various incentives," he said at a press conference after officiating the Asean Real Estate Conference (AREC) 2025 and the International Architecture, Interior Design and Building Exhibition (ARCHIDEX) 2025, here yesterday. Nga said the one-off RM100 aid under SARA for all Malaysians aged 18 and above also reflects the government's commitment to helping not only the B40 group but also the M40 group, which is often excluded from such aid. He said the RM2 billion allocation, benefiting 22 million Malaysians, is expected to have a multiplier effect on the economy, while the postponement of toll rate hikes serves as an anti-inflationary measure. Nga emphasised that the Madani government will continue its nation-building efforts and urged all Malaysians to unite in helping the country rise again and gain global respect. "Sometimes in the government, we are required to make some unpopular, extremely difficult decisions as leaders who care about the next generation. "I expect more good news in 2026 Budget, which is scheduled to be tabled in October, so stay tuned," he said. Yesterday, the Prime Minister announced several key initiatives as a gesture of appreciation from the Madani government to the people, including a one-off RM100 aid under the SARA programme, a freeze on toll hikes for 10 highways, and a targeted subsidy bringing the RON95 fuel price down to RM1.99 per litre. Meanwhile, Nga said the Madani government will continue with housing reforms through initiatives such as PR1MA, affordable housing, and low-cost homes. "You have to give us at least three terms to realise our vision. We're only halfway through the first term. If you give us a second and third term — 15 years — we will be able to deliver on our promises." - BERNAMA
Barnama
15 hours ago
- Business
- Barnama
KPKT To Ensure People Enjoy Benefits Of Economic Stability
PUTRAJAYA, July 23 (Bernama) -- The Ministry of Housing and Local Government (KPKT) will ensure that the people benefit from the country's economic stability through a more holistic planning as well as sustainable and liveable urban development, said Minister Nga Kor Ming. He said KPKT was committed to intensifying and strengthening efforts to ensure that all development initiatives contribute to the people's well-being and comfort. Nga said the announcement of aid and incentives by Prime Minister Datuk Seri Anwar Ibrahim earlier today reflected a realistic policy that ensured the people, as the backbone of the nation's success, were not overlooked but continually appreciated. 'All economic growth, historic investments, a stronger currency and improved national competitiveness are now directly translated into benefits that impact the people's daily lives. 'These measures are not merely aid initiatives but a recognition of the people's confidence in the MADANI government's leadership in driving the country's reform agenda,' he said in a statement here today. Nga said KPKT welcomed the prime minister's announcements, particularly the RM100 one-off cash aid for Malaysians aged 18 and above under the Sumbangan Asas Rahmah (SARA) programme and the postponement of toll rate hikes for 10 major highways. The prime minister had also announced the reduction in the RON95 petrol price to RM1.99 per litre, an additional public holiday on Sept 15 in conjunction with Malaysia Day, and the increase in allocation for the MADANI Rahmah Sales to RM600 million. 'KPKT is confident that with the MADANI spirit and unity among all quarters, Malaysia can progress as a developed nation that is not only economically stable but also fair and equitable for all,' he said. --BERNAMA
Barnama
15 hours ago
- Business
- Barnama
PM Anwar Delivers On Fuel Price Promise, Proves Govt Keeps Its Word
KUALA LUMPUR, July 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's announcement of initiatives to ease the people's cost of living proves that the MADANI government is fulfilling its promises, says Housing and Local Government (KPKT) Minister Nga Kor Ming. He said the reduction of RON95 fuel price to RM1.99 per litre made it one of the lowest in the world. 'This demonstrates his concern in addressing cost-of-living issues despite financial constraints. On behalf of 22,000 KPKT families, I would like to thank the Prime Minister for the good news. Anwar said if he became Prime Minister, fuel prices would go down, and now, they will really go down. 'Even with the current financial limitations, we've managed to reduce fuel price, maintain toll rates, provide SARA (Sumbangan Asas Rahmah), and give various incentives,' he said at a press conference after officiating the ASEAN Real Estate Conference (AREC) 2025 and the International Architecture, Interior Design and Building Exhibition (ARCHIDEX) 2025, here today. Nga said the one-off RM100 aid under SARA for all Malaysians aged 18 and above also reflected the government's concern in helping not only the B40 group but also the M40 group, which were often excluded from such aid. He said the RM2 billion allocation, benefitting 22 million Malaysians, was expected to have a multiplier effect on the economy, while the postponement of toll rate hikes served as an anti-inflationary measure. Nga emphasised that the MADANI government would continue its nation-building efforts and urged all Malaysians to unite in helping the country rise again and gain respect on the global stage. 'Sometimes in the government, we are required to make some unpopular, extremely difficult decisions as leaders who care about the next generation. 'I expect more good news in Budget 2026, which is scheduled to be tabled in October, so stay tuned,' he said.
The Sun
16 hours ago
- Business
- The Sun
KPKT ensures economic stability benefits reach Malaysians
PUTRAJAYA: The Ministry of Housing and Local Government (KPKT) will ensure Malaysians enjoy the benefits of economic stability through sustainable urban planning and development, said Minister Nga Kor Ming. He emphasised the ministry's commitment to initiatives that enhance public well-being and comfort. Nga stated that the aid and incentives announced by Prime Minister Datuk Seri Anwar Ibrahim reflect a people-centric approach. 'All economic growth, historic investments, a stronger currency and improved national competitiveness are now directly translated into benefits that impact the people's daily lives,' he said in a statement. Key measures include the RM100 one-off cash aid under the Sumbangan Asas Rahmah (SARA) programme for Malaysians aged 18 and above, the postponement of toll rate hikes on 10 major highways, and a reduction in RON95 petrol prices to RM1.99 per litre. An additional public holiday on September 15 for Malaysia Day and increased funding for MADANI Rahmah Sales to RM600 million were also announced. 'KPKT is confident that with the MADANI spirit and unity among all quarters, Malaysia can progress as a developed nation that is not only economically stable but also fair and equitable for all,' Nga added. – Bernama
Daily Express
a day ago
- Business
- Daily Express
Relocation for traders as work to upgrade Kepayan Square starts
Published on: Wednesday, July 23, 2025 Published on: Wed, Jul 23, 2025 By: Sisca Humphrey Text Size: Ewon handing over a canopy to one of the traders at Kepayan Square - Kuskop Pic PENAMPANG: A total of 72 small traders from Kepayan Square began preparing for a temporary relocation this week, as construction work starts on long-awaited upgrade to the public market space. Entrepreneur Development and Cooperatives (Kuskop) Minister Datuk Ewon Benedick said the Government is taking steps to ensure that traders continue to earn a living while improvements are made to their work environment. At a handover ceremony on Tuesday, Ewon distributed canopies, tables and chairs to the affected traders, who will move to a temporary trading site nearby for the next few months. 'We want to ensure that even during this transition, their livelihood is protected,' he said. 'This is about providing a safer and more comfortable space for the community to trade in the long run.' The RM2.4 million upgrade is being jointly funded by the Ministry of Housing and Local Government (KPKT), City Hall (DBKK) and the Kapayan state constituency. KPKT and DBKK are each contributing RM1 million, while Kapayan Assemblywoman Datuk Jannie Lasimbang is allocating RM400,000 from her constituency fund. Ewon said planning for the project started after he was elected Penampang MP in 2022, when he and Jannie visited the site with DBKK officials to assess its condition. 'What we saw back then was that the traders needed more than just shelter from the sun and rain. The space needed proper facilities, a roof, better flooring and proper drainage,' he said. He thanked Jannie for taking the lead in pushing for the project and raising the matter with the KPKT Minister Nga Kor Ming. 'This is a good example of what can happen when local and federal leaders work together,' he said. Jannie said the upgrade was something she had been pursuing since 2019, after hearing concerns directly from the traders. She said the location has always served more than just commercial purposes. 'This space is not just about business. It's a place where people meet, talk, share food and build connection. 'Once it has a proper roof and layout, it can serve the whole community during festive seasons, government programmes or even just a normal weekend,' she said. Also present were DBKK Deputy Director-General (Operations) Robert Lipon and local leaders involved in coordinating the relocation plan. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
