Najib : Budget 2016 Will Give Priority To Safeguarding The People


Prime Minister Datuk Seri Najib Razak

Prime Minister Datuk Seri Najib Tun Razak has outlined measures the government is taking to safeguard the Malaysian economy given the challenging global environment.

“This year, we have been focused on strengthening the resilience of our economy, managing the impact of external vulnerabilities and safeguarding the well-being of the people”, said Najib in a statement on the eve of unveiling the 2016 budget in the Dewan Rakyat.

Malaysia’s Budget 2016 to ‘Ensure Economic Growth Stays on Strong, Stable Path’ – PM Najib

KUALA LUMPUR (Oct 20): Prime Minister Datuk Seri Najib Tun Razak said he would unveil initiatives to sustain Malaysia’s economic growth during the Budget 2016 announcement this Friday.

Najib, who is also finance minister, said this via Twitter today.

“Several measures to ensure economic growth stays on a strong and stable path will be announced in Budget 2016,” Najib said.

According to Bank Negara Malaysia, the country’s economy, as measured by gross domestic product, grew 4.9% in the second quarter of 2015 (2Q15) from a year earlier.

Audit Partner Jailed a Year, Fined RM400,000 for Misleading Statement to Bursa

KUALA LUMPUR: The KL Sessions Court on Wednesday convicted a licensed audit partner for abetting listed cable support system maker United U-Li Corp Bhd in making a misleading statement to Bursa Malaysia Securities Bhd.

The Securities Commission (SC) said in a statement that Yue Chi Kin, 47, was sentenced to a year in jail and was also ordered to pay a fine of RM400,000, in default six months of imprisonment.