The country’s petrol and diesel supplies remain stable despite the ongoing global energy crisis.
However, the PM warns of a potential long-term impact if the war in Iran continues for another one to two months.
This is because the government is currently spending nearly 6 billion ringgit a month on fuel subsidies for Malaysians, which will be unsustainable if the conflict is prolonged.
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In a related development, the construction sector has been warned not to use the West Asia conflict as an excuse to raise property prices, especially for affordable housing projects.
The Housing and Local Government Ministry says there’s no reason for sudden price hikes, since the sector benefits from the current fuel subsidies.
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Universities and colleges are being urged to speed up the introduction of new courses and disciplines to produce more skilled workers and experts.
The Prime Minister says this is crucial for the country to be competitive and not lag behind other nations.
He explains that currently, educational institutions typically take a long time to approve new programs, which is no longer suitable given how quickly technology is advancing.
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In other news…
Kota Setar in Kedah remains under a Level 2 heatwave warning…while a further 18 areas in Kedah, Perlis, Perak, Kelantan, Pahang and Johor are under a Level 1 heat advisory.
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Meanwhile, all childcare centers have been advised to stop outdoor activities amid the hot weather, to ensure the well-being of the kids.
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Melaka has rubbished viral messages on social media about water rationing in the state…clarifying that supplies there remain under control.
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And cops in Johor have arrested a man who was caught on camera assaulting a motorcyclist in a road rage incident in Kulai late last week.
