Economic priority for Thai and Malaysian government

Thailand’s newly elected prime minister, Srettha Thavisin, said that the economy was the main priority for his government and announced immediate measures to ease economic issues affecting the country: “It is necessary to stimulate the economy and spending,” he added pledging to act rapidly. He announced a stimulus package to tackle a series of economic, political, social and environmental issues affecting the nation. Digital money handout to citizens which can be used across Thailand and is aimed at creating jobs and increasing money circulation in the economy. Announced that the government would reduce the prices of motor fuels, cooking gas and electricity, apart from seeking other energy alternatives. Another key priority of Srettha’s policy is reviving tourism, a lucrative industry that generates billions of dollars in revenue every year. The government is considering easing visa norms for travellers from certain countries, offering free visas to Chinese citizens and speeding up the documentation for participants in international events. Other plans include investing in airport infrastructure to increase the frequency of flights.

Malaysia: Cabinet ministers take a 20 per cent pay cut until the economy has fully recovered.

Anwar declined to receive his salary and rejected a Mercedes-Benz S600 to cut costs.

Special grants: RM300 million (Sarawak) and RM260 million (Sabah).

Sabah and Sarawak will have the authority to approve development projects worth RM50 million or less.

Datuk Seri Fadillah Yusof's appointment as Malaysia's first East Malaysian deputy prime minister was hailed by many as a recognition of the importance of the Borneo states.

Automatic Malaysian citizenship to children born overseas to Malaysian mothers.

Menu Rahmah: Food premises offer RM5 meals.

Targeted electricity tariff subsidy introduced with subsidies available to households, SMEs, and agricultural businesses.

Government announced on Feb 10 that private vehicle owners would no longer be required to display their motor vehicle licenses, also known as road taxes.

Anwar Ibrahim has made 18 international trips to 14 nations during his premiership, which began on 24 November 2022.