SHAH ALAM: The Dewan Rakyat in its sitting on November 23 passed the Defence Ministry budget for 2024 which is RM19.7 billion. This was simply procedural – the Dewan must pass all the agencies and ministries budget individually – even though the 2024 budget has been passed earlier. Anyhow as […]
SHAH ALAM: Malaysia will spend RM38.7 for the national security sector in 2024, an increase of some RM2.5 billion from this year budget. This is in contrast for the overall 2024 budget of RM393.8 billion which is lower than this year’s estimate of RM397.1 billion. And the Defence Ministry 2024 […]
SHAH ALAM: PMX DS Anwar Ibrahim presented the 12 RMK Mid-year team review at the Parliament yesterday. Among others he announced that the government is committed to spending at least RM90 billion a year from 2023 until 2025 under 12MP. He also said that the government will fully spend the […]
SHAH ALAM: Prime Minister DS Anwar Ibrahim on Warriors Day (July 31) has again hinted of his intention to revamp the military procurement system. He said the revamped was to ensure outside parties can no longer rake in excessive commissions. Speaking at a veteran entrepreneurship porgramme at Mindef, Anwar said […]
SHAH ALAM: The Dewan Rakyat on March 30 approved the RM60.5 billion supplementary allocation for the 2022 budget. It is the highest supplementary budget in history. For more information, go here. From the supplementary allocation, the Defence Ministry got RM303.7 million. This means that the 2022 defence budget is RM16.4 […]
SHAH ALAM: Rubber dinghies and seven-tonne trucks. The Armed Forces will be buying an undetermined number of the rubber inflatable boats and seven-tonne trucks for flood rescue operations. The Cabinet has approved an allocation of RM10 million for the Defence Ministry to procure the boats and trucks, Defence Minister DSU […]
SHAH ALAM: Another Boustead company facing issues. Pharmaniaga Bhd, a listed company in Bursa Malaysia and a subsidiary of Boustead Holdings which in turn majority owned by Lembaga Angkatan Tentera Malaysia (LTAT) – the Armed Forces Provident Fund – reported losses for the 2022 fiscal year. This pushed the company […]
SHAH ALAM: In the article on the unapproved 2023 budget put forward by the previous government, Malaysian Defence wrote that the RM25.3 million was allocated in the Defence Ministry funds for organising Lima 2023, scheduled for this May 23 to 27. As the Transport Ministry is jointly organising the show […]
SHAH ALAM: Prime Minister DS Anwar Ibrahim announced that the LMS Batch 2 will be procured with funds from the 2023 national budget, he tabled in Parliament (February 24) today. He did not say how many ships will be funded, but RMN had stated previously, it wanted at least three […]
SHAH ALAM: Defence Minister DSU Mohamad Hasan had more to say in Parliament yesterday about the LCS apart from what was reported earlier. As Parliament has yet to publish its official Hansard (statement) Malaysian Defence had to rely on what was reported by Air Times again. The report said the […]
Malaysian Defence
