Energy transition will propel Malaysia’s economy, needs to ‘survive multiple administrations’: Economy minister

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MANAGING SOCIETAL IMPACT IS THE INTELLIGENT PART.

Companies and even the general public are aware that high-quality opportunities” come with needs for natural energy,” according to Mr. Rafizi. &nbsp,

” That realization sort of provides a balance to the negative social narrative against any plan that has a knock-on effect on the public.”

He claimed for CNA that controlling the impact on society is the trickiest element. &nbsp,

” I wo n’t say that we have done it well”, he said. There is still a long way to proceed, but we put significant factors first.

Malaysia has reached a crucial inflection point in its energy needs, he noted, referring to a name for a nation that goods more than it exports. Beyond this, he noted, it could become” a gross supplier” of oil and gas.

We are making our best efforts to inform the public that our energy mix is unsustainable if we do n’t pivot, he continued. &nbsp,

” And therefore, the sooner ( we ) pivot, the better” .&nbsp,

Continuous WITH SUBSIDY RATIONALISATION&nbsp,

In the discussion with CNA, Mr Rafizi furthermore defended the president’s move to cut domestic energy incentives as a vital part of fiscal combination.

Malaysia on Jun 10 cut most of its diesel subsidies, which the authorities said was costing the country RM4 billion ( US$ 849 million ) annually. &nbsp,

Following last year’s announcements to rationalize subsidies for chicken sales and electricity tariffs, the next government initiative was implemented to rebuild the country’s subsidy distribution system.

The changes are a result of a larger trend to stop paying for overly expensive cover grants.

The emphasis has always been on putting together the necessary system in place, according to Mr. Rafizi, “if you notice how we have managed the sequencing of sympathetic and significant policies, like the advertising of gas subsidies. &nbsp,

When it meets certain internal standards, the state will decide whether to roll it out.

Business observers are currently carefully monitoring the upcoming step in the payment rationalization program.

” But I hope at the same time, the market understands by now that we intend to do it, and we have done it”, said Mr Rafizi on the president’s intention to continue with the program. &nbsp,

Our fiscal combination strategy’s fundamental component is the payment rationalization program. It’s just that given the very dark of it and the awareness, it is best that the action- by- action is kept close to the president’s chest”.

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The North Korean defector flying propaganda balloons to topple Kim

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” DELIVER TRUTH”

Pyongyang’s response to his bubbles proves they have an impact on the North Vietnamese community, Park said.

With the computer and the media under the control of the regime, it’s difficult to imagine how much information the 26 million people in the North have access to, according to Park.

He claimed that this is why the brochures are important and effective.

” I have received calls from around 800 defectors thanking me for my mission, telling me that they had seen my leaflets in the North”, he said, adding that he would n’t stop his campaign.

His opponents claim that his actions could worsen the tension between the two Koreas, which have been at battle since the 1950s to 1953 issue ended with an armistice rather than a peace agreement.

But Park dismisses the accusations, saying his plan is tranquil:” While Kim is firing missiles non- quit, our message is to prevent such violence”.

His ultimate goal is for the Kim plan to drop, which he hopes may occur due to domestic change, not an exterior intervention.

The North Vietnamese people will benefit from these pamphlets because they will enable them to fall up against the Kim regime and overthrow it, he said.

” My flyers are of wisdom, wealth and like”.

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North Korea sending more trash balloons, says South Korea

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A 2023 court ruling that prohibits it as an unfair infringement of free speech means that South Korea may lawfully prohibit activists from flying balloons across the border. Park Sang-hak, an activist who defected from North Korea and has been sending anti-regime flyers north for years, claimed he flew 20Continue Reading

13 people on board Korean Air flight taken to hospital after altitude plunge; plane U-turns due to defect

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SINGAPORE: Thirteen passengers were taken to hospital&nbsp, after a Korean Airlines flight from South Korea to Taiwan on Saturday ( Jun 22 ) was diverted due to a defect in the aircraft, local media reported.

Aircraft KE189&nbsp, departed from Incheon International Airport for Taichung International Airport at 4.45pm on Saturday with 125 passengers on board, the Yonhap news agency reported.

50 minutes after taking off, the aircraft discovered a leak in its pressurization program, according to Yonhap. At the time, it was &nbsp, flying over South Korea’s resort area of Jeju.

The inner room stress of an aircraft is controlled by an air pressurization system.

According to data from flight tracking service Flightradar24, the plane’s altitude fell by 25, 000ft ( 7.6km ) in about eight minutes.

Around 7:30 p.m., the planes returned to Incheon Airport.

Fifteen people suffered from membrane anguish and breathlessness during the origin and 13 of them were taken to clinic, Yonhap news agency reported, citing&nbsp, South Korea’s Ministry of Land, Infrastructure and Transport.

No serious accidents have been reported, it added.

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