BR100 Decreased By (-0.88%)
BR30 Decreased By (-1.49%)
KSE100 Decreased By (-0.73%)
KSE30 Decreased By (-0.7%)
AGHA 6.66 Decreased By ▼ -0.02 (-0.3%)
BECO 4.36 Decreased By ▼ -0.01 (-0.23%)
BML 56.10 Decreased By ▼ -1.22 (-2.13%)
BOP 30.05 Decreased By ▼ -0.30 (-0.99%)
CNERGY 12.91 Decreased By ▼ -0.21 (-1.6%)
CSIL 5.34 Decreased By ▼ -0.07 (-1.29%)
FCCL 52.00 Decreased By ▼ -0.79 (-1.5%)
FFL 14.47 Decreased By ▼ -0.25 (-1.7%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.11 Increased By ▲ 0.02 (0.33%)
KOSM 5.92 Increased By ▲ 0.19 (3.32%)
LOTCHEM 26.20 Decreased By ▼ -0.26 (-0.98%)
MLCF 91.10 Decreased By ▼ -2.06 (-2.21%)
NBP 163.89 Decreased By ▼ -0.77 (-0.47%)
NCPL 52.90 Decreased By ▼ -2.76 (-4.96%)
NPL 58.20 Decreased By ▼ -2.96 (-4.84%)
OGDC 313.84 Decreased By ▼ -2.89 (-0.91%)
PACE 9.75 Decreased By ▼ -0.12 (-1.22%)
PAEL 35.10 Decreased By ▼ -0.53 (-1.49%)
PIBTL 14.68 No Change ▼ 0.00 (0%)
PPL 221.18 Decreased By ▼ -5.73 (-2.53%)
PRL 91.07 Decreased By ▼ -1.95 (-2.1%)
PTC 59.15 Decreased By ▼ -1.11 (-1.84%)
SSGC 23.24 Decreased By ▼ -0.57 (-2.39%)
TBL 8.74 Decreased By ▼ -0.01 (-0.11%)
TELE 7.62 Decreased By ▼ -0.18 (-2.31%)
TPL 22.00 Decreased By ▼ -0.35 (-1.57%)
TPLP 12.60 Decreased By ▼ -0.37 (-2.85%)
TREET 21.65 Decreased By ▼ -0.51 (-2.3%)
TRG 56.19 Decreased By ▼ -0.37 (-0.65%)
World

Malaysia to review plans for 5G network: PM Anwar

Published Updated
Photo: AFP
Photo: AFP
By

KUALA LUMPUR: Malaysia’s newly appointed Prime Minister Anwar Ibrahim said on Monday his administration will review a plan for a state-owned 5G network introduced by a previous government, as it was not formulated transparently.

Under the premiership of Muhyiddin Yassin in 2021, Malaysia unveiled a plan for a state-owned agency to own all 5G spectrum, with various carriers using the infrastructure to provide mobile services.

The single-ownership of spectrum raised concerns from the country’s major carriers over pricing, transparency and monopoly.

The 5G plans will be evaluated to ensure they strictly followed procedures, Anwar said at a news conference following his first cabinet meeting. “It needs to be reviewed because it was not done in a transparent manner,” Anwar said, without giving details.

A spokesperson for Muhyiddin was not immediately available for comment.

His government has defended the 5G plan, saying it will reduce costs, improve efficiency and accelerate infrastructure development.

The government will also revise and improve the 2023 budget tabled in October, Anwar said.

The budget was presented in parliament by the previous government, but was not passed due to the general election.

Anwar also said his government will not roll back certain decisions made by the previous administration, but he did not identify them.

Malaysia PM Anwar says cabinet line-up to be announced on Friday

Anwar was appointed premier by the king last month, after the election resulted in an unprecedented hung parliament.

Anwar’s bloc did not win a simple majority but he formed a coalition government with the help of other political blocs.

On Friday, he named his cabinet, which includes an ally accused of graft as his deputy.

Ahmad Zahid Hamidi, a co-deputy premier, is on trial over 47 charges of bribery, money laundering and criminal breach of trust.

He has pleaded not guilty. Anwar said he would not compromise on his pledge to fight corruption despite Ahmad Zahid’s appointment.

“I trust my cabinet team is determined to ensure we follow strict rules and the principles of good governance,” he said, adding that previous systems “allowed leaders to steal”.

Comments

Comments are closed for this article.