KUALA LUMPUR, May 1 – Prime Minister Anwar Ibrahim said global economic conditions have become more challenging compared to February.
Citing a sharp rise in oil prices from US$70 to US$115 per barrel. He noted that higher fuel costs, material shortages and supply disruptions are affecting multiple sectors.
Including plantations, manufacturing and logistics. He stressed that the government will take necessary measures to address the uncertainty.
As rising diesel prices and supply constraints continue to impact businesses and workers. The remarks were delivered during the National Workers’ Day 2026 celebration.
Where he reaffirmed Malaysia’s commitment to safeguarding economic stability amid ongoing global pressures.
