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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAffirmative action should be extended from being 'race-based' to 'need-based': Malaysia's AnwarMalaysian Prime Minister Anwar Ibrahim says "once it is considered to be too focused on race … it creates … animosity and anxieties."
Persons: Malaysia's Anwar, Anwar Ibrahim Organizations: Malaysia's Anwar Malaysian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalaysia and Indonesia should be able to complement each other, says Malaysia's Anwar IbrahimAnwar Ibrahim, the prime minister of Malaysia, tells CNBC's Martin Soong as part of The CNBC Conversation, that his country and Indonesia should work together to complement each other — he said that has been the "spirit" of his conversations with Indonesia's President Joko Widodo, known commonly as Jokowi.
Persons: Malaysia's Anwar Ibrahim Anwar Ibrahim, CNBC's Martin Soong, Joko Widodo Organizations: Email Malaysia, CNBC Locations: Indonesia, Malaysia
Anwar, in the report, said he will launch measures to strengthen the governance of public finances, and gradually reduce Malaysia's debt. Malaysia had earlier forecast 2023 growth at 4%-5%. Government expenditure this year is expected to total 386.1 billion ringgit ($87.11 billion), lower than last year's preliminary spending estimate of 395.2 billion ringgit. Revenue is expected to drop to 291.5 billion ringgit from 294.4 billion ringgit. State oil company Petronas (PETR.UL) is expected to pay the government a dividend of 40 billion ringgit, higher than the previous government's projection of 35 billion ringgit.
Malaysia's Anwar begins work as PM after polarising election
  + stars: | 2022-11-25 | by ( ) www.reuters.com   time to read: +4 min
[1/3] Malaysia's newly appointed Prime Minister Anwar Ibrahim greets his supporters as he leaves his news conference in Sungai Long, Selangor, Malaysia November 24, 2022. Office of Anwar Ibrahim/Afiq Hambali/Handout via REUTERSKUALA LUMPUR, Nov 25 (Reuters) - Malaysia's Anwar Ibrahim is expected to start discussions on forming his cabinet on Friday as he begins work as prime minister at a challenging time, with the economy slowing and the country deeply split after a close election. Anwar, who was appointed by Malaysia's king following an inconclusive election, said that the people of Malaysia had long been awaiting change. Both men's coalitions failed to win a majority in Saturday's election, but Malaysia's constitutional monarch, King Al-Sultan Abdullah, appointed Anwar after speaking to several lawmakers. Markets surged on Thursday on the end of political deadlock, but investors will be monitoring how Anwar manages the aftermath of the election.
watch nowNew prime minister Anwar Ibrahim has pledged to make "Malaysia for all Malaysians," fight corruption and reiterated that he won't be taking a salary as Malaysians battle rising costs of living. International relationsCongratulations poured in from leaders from all over the world including Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien Loong. Malaysia's Anwar Ibrahim takes his first press conference after being appointed prime minister. Perikatan Nasional won 73 seats and was runner-up to Anwar's Pakatan Harapan which won 82 seats. Prime Minister Anwar Ibrahim swron in by Malaysia's King Sultan Abdullah Sultan Ahmad Shah on Thursday Mohd Rasfan | Afp | Getty Images
[1/2] Malaysian opposition leader Anwar Ibrahim speaks during an interview with Reuters in Tambun, Perak, Malaysia November 4, 2022. The political uncertainty came to an end on Thursday, as Malaysia's king appointed Anwar, 75, to be prime minister. His strained relationship with the veteran leader shaped Anwar's own career, as well as Malaysia's political landscape, for nearly three decades. FRIEND & FOEAnwar started off as a firebrand Islamic youth leader before joining the prime minister Mahathir's United Malays National Organisation (UMNO), which leads the Barisan Nasional alliance. With the people's vote and the king's choice, he finally became prime minister.
Significant election gains by an Islamist party also added to investors' fears, notably over policies on gambling and alcohol consumption. Anwar's coalition entered negotiations with Barisan Nasional, the incumbent coalition and Anwar's longtime rival, on Monday to discuss a potential alliance. Anwar's multiethnic coalition won the most seats in the Saturday election with 82, while Muhyiddin's bloc won 73. It would be another astonishing turnaround in Malaysian politics if Anwar and Barisan forged an alliance: as opposition chief, Anwar has spent much of his career trying to oust Barisan. For the 2018 election, Anwar tied up with mentor-turned-foe Mahathir Mohamad to defeat Barisan.
Significant election gains by an Islamist party also added to investors' fears, notably over policies toward gambling and alcohol consumption. Anwar said he met with some leaders from the incumbent Barisan Nasional coalition on Monday to discuss a potential alliance. "I am satisfied as this negotiation was on the need to form a stable government that's inclusive. Its 30 seats in parliament is key for both candidates to cross 112 seats needed to hold a majority. On Monday, Anwar's coalition partnered with Barisan to form regional governments in two states, which also saw inconclusive elections.
KUALA LUMPUR, Nov 21 (Reuters) - Malaysia's opposition leader Anwar Ibrahim said he was "very optimistic" of forming a government after holding talks with the incumbent ruling coalition to get the required majority. Anwar said he met with the some leaders of the Barisan Nasional coalition for their support and was "very pleased" with the talks. No final decision has been made, he said. Reporting by Rozanna Latiff and Mei Mei Chu, writing by A. Ananthalakshmi; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
KUALA LUMPUR, Nov 18 (Reuters) - Anwar Ibrahim has ramped up campaigning this week to be Malaysia's prime minister, buoyed by polls putting the veteran opposition leader ahead in a closely fought contest. Rival alliances, including those run by Prime Minister Ismail Sabri Yaakob and former premier Muhyiddin Yassin, could come together to clinch the required numbers and deny Anwar the top job. "This election is not about changing the prime minister," Anwar said in an address on Thursday. "This election is the best chance to save the country and make sweeping changes to restore our beloved nation." In an interview with Reuters this month, Anwar ruled out working with Ismail and Muhyiddin's coalitions, citing "fundamental differences" over race and religion.
TAMBUN, Malaysia, Nov 7 (Reuters) - After two decades as opposition leader, Malaysia's Anwar Ibrahim was poised to finally become prime minister in 2020. There are several other parties in the running, including one founded by another former prime minister Mahathir Mohamad, a factor that is expected to split the votes more than ever before. Mahathir became prime minister and promised to hand over power to Anwar in two years. Anwar's wife took over as deputy prime minister, but the coalition collapsed in 22 months due to infighting over the transition. Muhyiddin briefly became prime minister but Barisan came back to power in 2021 with Ismail at the helm as part of another alliance.
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