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#PRNSarawak : SUPP members who release statements without approval can face disciplinary action

Posted: 19 Apr 2016 01:57 AM PDT

SUPP has issued a warning to its members that any press statements must be approved first by the party's central operations room during the election period.

Operations director Datuk Matthew Chen said those who released statements without approval could be disciplined by the party.

"Whoever wants to release press statements within this period of time, with immediate effect from today, they must get approval from the operations centre, without which disciplinary action can be taken against them," he told a press conference at SUPP headquarters here on Tuesday.

The warning comes following Pending candidate Milton Foo's outburst against Chief Minister Tan Sri Adenan Satem on Sunday, when he claimed in a statement that he had chosen Barisan Nasional candidates unilaterally without consulting the other component parties.

After PBB members hit back at him, Foo on Monday said the matter had been settled and that Adenan was a good leader who was opened to criticism and different views.

Chen declined to say whether any action would be taken against Foo as the matter was now settled.

He also said any party members who sabotaged other Barisan candidates would face disciplinary action.

"As a Barisan component party we will not 'kacau' those constituencies not contested by SUPP. We will concentrate on our 13 seats to make sure we can win them for Barisan," he said.

In addition, he urged supporters to give SUPP's "new team" of candidates a chance in the election.

"If you do not give them a chance, how do you know whether they can serve or not? You can judge them after five years," he said.

On SUPP's manifesto, Chen said it would be released soon after nomination on Apr 25.

He added that the manifesto was ready and printed in booklets in three languages.

Najib: Strengthening ringgit augurs well for country

Posted: 18 Apr 2016 07:06 PM PDT

The strengthening ringgit has made it the region's top performing currency, achieving its highest level of 3.8650 against the US dollar on April 14, Datuk Seri Najib Tun Razak said.

The Prime Minister said the ringgit's increase was 11% since the end of 2015 and the rising commodity prices would augur well for the local unit.

He said the prices of commodities, especially crude oil, were projected to increase with the Brent, West Texas Intermediate (WTI) and Dubai Fateh poised to exceed US$40.99 per barrel at the end of 2017 (2016: US$34.75 barrel).

"Indirectly, this recovery is expected to have a positive effect on the ringgit as its movement follows the trend of world crude oil prices.

"The Government's revenue from oil resources is expected to increase and bolster the Government's fiscal position," he told the Dewan Negara here yesterday.

Najib was replying Senator Datuk Mariany Mohammad Yit who wanted to know the projected economic growth for 2016 and the prospects of global economic recovery.

He said Malaysia's economy was expected to grow between 4.0 and 4.5% this year on the back of the challenging economic and financial landscape.

The Prime Minister said domestic demand, which was projected to grow 4.3% this year, would continue to be the main driver of growth, supported mainly by private sector spending.

He said the external sector was expected to continue to contribute to growth through export diversification in line with moderate external demand.

Exports were expected to grow 3.2% this year from 0.7% last year, while imports were projected to continue to grow 3.4% from 1.3% in 2015, he said.

Najib said Malaysia's economic growth forecast for this year took into account the slowing global economic recovery.

"The slowdown in the world's economy, especially in China, moderating commodity prices following oversupply and the world's financial market volatility, will become contributing factors to Malaysia's economic slowdown," he said.

For 2017, Najib said Malaysia's economic growth was expected to be better, riding on the wave of the global economic recovery.

Based on the International Monetary Fund's (IMF) World Economic Outlook in April 2016, the world's economy is forecast to grow at a higher rate of 3.5% in 2017 from 3.2% in 2016.

The world's trade was expected to be more robust next year, growing 3.8% from 3.1% this year, Najib said.

He said investor sentiment in 2017 was also expected to be more positive as the national economic prospects would grow in line with the world's economic growth.

In addition, public investments were expected to improve following steps taken by the Government to encourage Government-linked companies and Government-linked investment companies to repatriate their profits from abroad to invest in high-multiplier effect projects at home, he said.

Najib said as the international economic and financial landscape was anticipated to be more favourable in 2017, the country's economic growth was expected to be stronger.

"Malaysia's ability to cope with external shocks will also continue to be reinforced by the availability of sufficient buffers, robust policy framework, economic adaptability and adequate policy space," he said.

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