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Govt to begin Budget 2026 consultation Thursday, focus on MSMEs, says Fahmi
KUALA LUMPUR, Aug 5 — The government will kick off its Budget 2026 consultation session this Thursday to collect feedback from various stakeholders, said Communications Minister Datuk Fahmi Fadzil. He said the consultation session will run until the final draft
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Reach consensus first before seeking MP allocations, Anwar tells Opposition
KUALA LUMPUR, Aug 5 — Prime Minister Datuk Seri Anwar Ibrahim has advised opposition Members of Parliament (MPs) to first reach a consensus among themselves before making any requests regarding allocations for opposition representatives. Anwar said that if the Opposition
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PM says sudden deficit cuts risk hurting education, STR and healthcare allocations
KUALA LUMPUR, Aug 5 — The Madani government is gradually reducing the fiscal deficit in phases to lessen the national debt burden, said Prime Minister Datuk Seri Anwar Ibrahim. He said that if the deficit were to be reduced suddenly,
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Ringgit climbs against US dollar amid growing rate cut expectations
KUALA LUMPUR, Aug 5 — The ringgit extended its gains to open higher against the US dollar today, as investor sentiment on risk assets rebounded amid talk of a possible United States (US) interest rate cut, an economist said. At 8
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Israeli military intercepts missile fired from Yemen after sirens sound nationwide
JERUSALEM, Aug 5 — A “projectile” fired towards Israel from Yemen was intercepted, but not before air-raid warnings sounded across the country, the Israeli military said today. “Following the sirens that sounded a short while ago in several areas in
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Netanyahu to unveil updated Gaza war plan as UN Security Council meets on hostages
JERUSALEM, Aug 5 — Prime Minister Benjamin Netanyahu promised Monday to update Israel’s Gaza war plan, a day before a UN Security Council meeting on the fate of hostages still held in the Palestinian territory. Addressing a cabinet meeting with the
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India vows to defend interests after Trump threatens tariff hike over Russian oil
WASHINGTON, Aug 5 — President Donald Trump threatened yesterday to hike US tariffs on goods from India over its purchases of Russian oil—a key source of revenue for Moscow’s war on Ukraine. New Delhi quickly pushed back, saying the move was unjustified
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Brazil ex-president Bolsonaro placed under house arrest for flouting social media ban
BRASILIA, Aug 5 — A Brazilian judge yesterday placed former president Jair Bolsonaro under house arrest for breaking a social media ban, escalating a dramatic standoff between the court and the far-right politician accused of plotting a coup. Bolsonaro, an ally
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Australia to buy 11 advanced warships from Japan
SYDNEY, Aug 5 — Australia will upgrade its navy with 11 Mogami-class frigates built by Japan’s Mitsubishi Heavy Industries, Defence Minister Richard Marles said today. Australia is in the midst of a major military restructuring announced in 2023, turning towards
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In Indonesia, truckers have turned ‘One Piece’ Straw Hat Pirates flag into a protest symbol ahead of Independence Day
JAKARTA, Aug 5 — Why is the Indonesian government planning to ban people from flying a flag from a popular anime? The pirate flag flown by the Straw Hats Pirates from the anime One Piece has been going viral in Indonesia and it
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