Malaysia PM Anwar yet to accept Loke’s resignation as transport minister
Anwar praised the DAP chief's performance in Cabinet, singling him out as hardworking and trustworthy. However, opposition leader Hamzah Zainudin, dismissed the developments as political theatrics.
Malaysia is considering ways to support AirAsia without risking public funds, according to Anthony Loke, who recently resigned as the nation's transport minister. AirAsia, a private company controlling about 60% of Malaysia's domestic aviation market, is facing challenges due to high fuel prices, currency fluctuations and significant liabilities.
Loke clarified that the government will not provide direct financial aid to the airline, emphasizing that any support would have to be formal and regulated. The finance ministry, not the transport ministry, is still evaluating various options to help AirAsia while maintaining air connectivity, which is crucial for the economy.
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- Malaysia weighing how to aid AirAsia without risking public funds: Anthony Loke channelnewsasia.com
