Felda facing critical cash flow; White Paper to be presented


Felda inquiry: Economic Affairs Minister Datuk Seri Mohamed Azmin Ali has announced that the Government will present a white paper on Felda. —Bernama See page 2

KUALA LUMPUR: The Government has decided to present a White Paper in Parliament in the next session to expose the real situation of the Federal Land Development Authority (Felda) and its strategic rehabilitation plan.

Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said Felda was facing a critical cash flow problem, but the Government was committed in revitalising the agency for the well-being of settlers in line with the Land Development Act 1956 goals.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Felda , Government , White Paper , cash flow , Azmin ,

   

Next In Business News

Bumi Armada posts higher net profit of RM211.33mil in 3Q
Affin Bank's net profit jumps 45% to RM145.82mil in 3Q
KLCI remains positive as heavyweights bounce higher
Malaysia's inflation comes in at 1.9% in Oct
Globetronics shares rally in early trade after Taiwan deal
Nissan to cut or transfer about 1,000 jobs in Thailand, sources say
Singapore Q3 GDP up 5.4% y-o-y, higher than advance estimate; 2024 forecast upgraded
Ringgit extends uptrend against greenback in early trade
FBM KLCI rebounds as Wall Street returns to a rally
Trading ideas: PetDag, Atlan, Thong Guan, Maxim, Globetronics, 7-Eleven, Petron, DRB-Hicom, Dayang, MSM, Aeon, SunCon, UEM Sunrise

Others Also Read