GEORGE TOWN: Despite the government's unpopular decision to implement targeted fuel subsidies last year, the move is now seen as helping Malaysia become more resilient in facing the challenges of the global energy crisis, says Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong.
Sim, who is also Penang DAP chairman, said that the armed conflicts currently affecting several regions of the world have a direct impact on open economies like Malaysia, which rely on international trade and the tourism sector.
