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topicnews · October 16, 2024

Malaysia Edition: Will Anwar use Budget 2025 to implement reforms? | PLA ships in Penang cause debate

Malaysia Edition: Will Anwar use Budget 2025 to implement reforms? | PLA ships in Penang cause debate

Asian Insider: Malaysia Edition helps you get to know the most important stories happening in Malaysia every week. Register here to receive the newsletter in your inbox.


Prime Minister Anwar Ibrahim will present the 2025 budget on Friday. His government has never been more stable after getting off to a shaky start in November 2022 as an alliance of former bitter rivals.

Thanks to better-than-expected economic growth, a strong currency that has been the world’s best-performing currency in recent months and some strong post-election results, Datuk Seri Anwar appears to have some breathing room Introduce reforms aimed at reducing government debt and expanding Malaysia’s narrow tax base.

Meanwhile, a goodwill visit by two Chinese navy ships to Penang caused uproar among opposition lawmakers as it came amid Kuala Lumpur’s ongoing tensions with Beijing over overlapping claims in the South China Sea.

Follow ST reporting as we continue to bring you the latest developments.