Amir Hamzah: Contrary to rumours, no cut to Sabah’s electricity subsidy, federal support remains strong Posted on 14/11/2024 KUALA LUMPUR, Nov 14 — A recent allegation that the federal government has withdrawn the allocation of electricity subsidy to Sabah is untrue, said Finance Minister II Datuk Seri Amir Hamzah Azizan. According to Astro Awani, he said that the federal government remains committed to providing an electricity subsidy of RM3.54 billion over seven years, until 2030, following the transfer of regulatory authority to the state government. He further explained that this decision was made after an agreement was reached to transfer the regulatory authority of electricity supply to the Sabah state government on January 3, 2024. “As of September 2024, the federal government has disbursed RM449.4 million in electricity subsidies (out of the total allocation for 2024 of RM507 million), based on claims that have been reviewed and confirmed by ECoS to Sabah Electricity (SESB). “The remaining allocation of around RM57.6 million will be disbursed once the claims are submitted, and it is expected that this balance will be fully disbursed before the end of this year,” he was quoted as saying during his closing speech at the Supply Bill Committee Stage yesterday. Meanwhile, Amir Hamzah said that for 2025, the federal government has allocated RM700 million for the electricity subsidy, an increase of RM193 million from the 2024 allocation of RM507 million. “The federal government is aware of the financial difficulties currently faced by Sabah Electricity. “The Ministry of Finance, together with the Ministry of Energy Transition and Water Transformation (Petra), is currently reviewing and considering the application for the ICPT payment (June — December 2023) to Sabah Electricity, amounting to RM162 million. “At the same time, the Ministry of Finance is also considering granting a moratorium on the repayment of Sabah Electricity’s loans to the Federal Government, estimated at around RM65 million,” he added. News
PKR postpones national congress amid ongoing flood crisis Posted on 30/11/2024 PKR has pledged to mobilise its members support for flood relief and post-flood cleanup efforts. (Bernama pic) PETALING JAYA: PKR has postponed its national congress, originally scheduled from Dec 14-16 in Johor, due to the ongoing flood crisis affecting several states. The party’s information chief, Fahmi Fadzil, announced this in… Read More
Too early to discuss Perikatan’s ‘poster boy’ for GE16, Bersatu veep Faizal tells PAS allies Posted on 23/11/2024 KUALA LUMPUR, Nov 23 – Perikatan Nasional (PN) reportedly has yet to determine its candidate for prime minister in the 16th general election (GE16), as discussions on election strategies are considered premature. Parti Pribumi Bersatu Malaysia Vice-President Datuk Seri Ahmad Faizal Azumu was quoted saying the coalition’s leadership had however… Read More
Putra Medical Centre strengthens in-house patient care during flood crisis Posted on 09/12/2024 ALOR SETAR, Dec 9 — In the wake of the recent flood crisis in Kedah, the response from Putra Medical Centre (PMC) has been both swift and strategic. Lee Yong Qian, the brand’s strategic director, spoke to its current efforts and future plans which address the urgent needs of affected… Read More