Ringgit Weakened in Feb
KUALA LUMPUR – Perikatan Nasional (PN) has unveiled an alternative welfare proposal in response to Budget 2026, pledging direct financial and educational support to Malaysians.
Opposition leader Hamzah Zainudin (PN-Larut) announced that PN would introduce a RM500 cash assistance under its Bantuan Prihatin Nasional (BPN) scheme, claiming it offers greater flexibility than the government’s Rahmah Necessities Aid (Sara) programme, which provides credit-based aid through participating stores.
He argued that BPN would directly meet people’s needs, unlike the conditional Sara initiative. “We in PN will give aid, and we will give to the people what they need,” Hamzah said in Parliament.
PN also pledged free undergraduate education for needy Malaysians, with merit-based scholarships for students pursuing strategic fields. Hamzah added that PN plans to grant greater autonomy to public universities, supported through an Endowment Fund aimed at strengthening research institutions.
The proposals, presented as part of PN’s counteroffer to the government’s 2026 budget, position the coalition’s welfare approach as more inclusive and direct compared to the Madani administration’s structured credit system.
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
Eco World reported stronger 1HFY26 earnings driven by industrial land sales, while robust new sales…
Scoot, the low-cost subsidiary of Singapore Airlines (SIA), is pleased to announce an exciting collaboration…
RICOH Malaysia unveiled AI and automation solutions designed to improve operational efficiency, workflow intelligence, and…
Singapore, June 18, 2026 — Federal Express Corporation, one of the world’s largest express transportation…
Malaysia faces critical challenges like rising costs and political instability while pursuing a future of…
Malaysia has jumped eight spots to rank 15th in the 2026 IMD World Competitiveness Ranking,…
This website uses cookies.