Malaysian King takes pay cut to help slash country’s debts
Malaysia's King, Sultan Muhammad V, has offered to reduce his allowance and emoluments by 10 percent until the end of his reign in 2021, the royal palace said on June 11.
Malaysian King Sultan Muhammad V. (Source: nationmultimedia)
Hanoi (VNA) - Malaysia's King, Sultan Muhammad V,has offered to reduce his allowance and emoluments by 10 percent until the endof his reign in 2021, the royal palace said on June 11.
His moveaims to support the Malaysian Government’s efforts to reduce public debts.
Last month, the newly-installed MalaysianCabinet has also agreed to take a 10 percent cut in ministers' salaries aspart of efforts to control spending in the context that the new Governmentis facing public debts exceeding 1 trillion RM (251.5 billion USD). However,this policy is not compulsory to high-ranking officials.
Aftertaking office, Malaysia’s new Prime Minister Mahathir Mohamad said that theGovernment will prioritise addressing the country’s debts which amount to 80percent of the gross domestic products (GDP).
Hecommitted to reviewing major projects ratified by the previous Government, whichwould help cut one fifth of the debts. -VNA
Malaysian Prime Minister Mahathir Mohamad called for a review of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), saying smaller economies like Malaysia are at a disadvantage under its current terms.
Malaysian Prime Minister Mahathir Mohamad arrived in Tokyo on June 10, starting a three-day visit to Japan, his first tour abroad since he took office on May 10.
Identities of four men connected to the 1Malaysia Development Berhad (1MDB), for the first time, have been revealed, reported the Malaysia-based New Straits Times.
Malaysian Prime Minister Mahathir Mohamad has said that his country will reopen its embassy in Pyongyang, a move expected to end the diplomatic row over the assassination of a citizen of the Democratic People’s Republic of Korea (DPRK) in Kuala Lumpur last year.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
Malaysian King Sultan Muhammad V. (Source: nationmultimedia) 
