Najib announces initiatives worth RM2b to boost civil servants' salaries

PUTRAJAYA (March 11): Prime Minister Datuk Seri Najib Razak today announced a host of attractive packages – worth a total of RM2 billion - to enhance the civil service, including a pay rise for government servants across the board in July.

The initiatives include streamlining the salary tier for the Armed Forces and policemen in line with that of the general civil service, improvement of selected schemes, fast- track promotions, pay increment for those with ceiling wages, promotions and extensions of the 50,000 civil servants working on contract basis.

The streamlining of Armed Forces and policemen salaries will see some 123,983 and 109,209 personnel benefit respectively.

The salaries of the security personnel, whom Najib again paid tribute to in light of the Lahad Datu crisis, will be backdated to Jan 1, 2013.

The government will also review 81 service schemes, including the technician service scheme and talent schemes that had been improved on but yet to be implemented, by year-end.

With the increase in salary of between RM80 and RM320 that is bound to please the nation's civil servants, who will also receive two increments this year, Najib also appealed to the sector's 1.4 million-strong force, to "choose wisely" in the coming general election.

Speaking to a crowd of 7,000 at the Putrajaya International Convention Centre, Najib took a swipe at the opposition and its policies, saying that the people must be wary of those who promised the "moon, stars and the universe".

"The Barisan Nasional could make populist promises, making them more popular and everyone will be happy, albeit for a while," he said in his opening address of the 13th National Gathering of Civil Servants.

"This measure will involve an expenditure of RM1.5 billion," he said, adding that effective Jan 1 this year, three additional annual increments would be provided after the maximum salary on the salary schedules.

Also present were Deputy Prime Minister Tan Sri Muhyiddin Yassin, Chief Secretary to the Government Datuk Seri Dr Ali Hamsa and Cuepacs president Datuk Omar Osman.

Later at a press conference however, Ali denied that the packages offered had anything to do with the 13th general election.

"Don't misinterpret, it is a norm to review policies, including salaries in the civil service," he said.

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...

Explore Related Contents

  • Tesla Stays Steady With Model 3 as Musk Loses Latest Executive Bloomberg - 45 minutes ago

    The Model 3 sedan, Tesla’s cheapest plug-in vehicle yet, remains on track to arrive in July, and production of the car should reach about 5,000 units by the end of the year, according to a letter to shareholders Wednesday related to the company’s … More »

  • Hawaii bill would ban licenses for some foreign fishermen
    Hawaii bill would ban licenses for some foreign fishermen Associated Press - 47 minutes ago

    A proposal in the Hawaii Legislature has the potential to shake up the fishing industry and the permit process for foreign fishermen. An Associated Press investigation found that foreign fishermen were ... … More »

  • Tredegar posts 4Q profit Associated Press - 49 minutes ago

    On a per-share basis, the Richmond, Virginia-based company said it had net income of 5 cents. Earnings, adjusted for non-recurring costs, were 10 cents per share. The plastic films maker posted revenue ... … More »

  • Ansys beats Street 4Q forecasts Associated Press - 55 minutes ago

    The Canonsburg, Pennsylvania-based company said it had profit of 80 cents per share. Earnings, adjusted for one-time gains and costs, came to 98 cents per share. The results topped Wall Street expectations. ... … More »

  • Qantas profit dives 7.5%, fares squeezed
    Qantas profit dives 7.5%, fares squeezed Bloomberg - 58 minutes ago

    Qantas had estimated profit of between A$800 million and A$850 million. Chief Executive Officer Alan Joyce is in the final six months of a three-year turnaround plan. Revenue at Qantas in the first half slipped 3.3 percent to A$8.18 billion. … More »

  • Cenveo reports 4Q loss Associated Press - 1 hour 2 minutes ago

    The Stamford, Connecticut-based company said it had a loss of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 3 cents per share. The printing and packaging company posted revenue ... … More »

  • Global stocks fade from record highs, dollar falls on Fed minutes
    Global stocks fade from record highs, dollar falls on Fed minutes Reuters - 1 hour 2 minutes ago

    By Richard Leong NEW YORK (Reuters) - Global stocks pulled back from record highs on Wednesday while the dollar declined after minutes from the U.S. Federal Reserve offered little to support the notion ... … More »

  • Tesla has finished its investigation into Fremont plant working conditions and will release findings soon
    Tesla has finished its investigation into Fremont plant working conditions and will release findings soon Business Insider - 1 hour 2 minutes ago

    Scott Olson/Getty Images Elon Musk. Tesla CEO Elon … Continued The post Tesla has finished its investigation into Fremont plant working conditions and will release findings soon appeared first on Business Insider. … More »

  • The 10,000-Mile Journey To Short Australia
    The 10,000-Mile Journey To Short Australia Bloomberg - 1 hour 6 minutes ago

    The co-founder of Glaucus Research Group flew more than 10,000 miles (16,090 kilometers) from his base in Austin, Texas, to Australia, where he’s looking at companies including commodity producers. From his new firm in London, former Goldman Sachs … More »

  • Atlantic Tele-Network posts 4Q profit Associated Press - 1 hour 11 minutes ago

    On a per-share basis, the Beverly, Massachusetts-based company said it had profit of 14 cents. The provider of telecommunications services posted revenue of $128.5 million in the period. For the year, ... … More »

  • Nobel-winning economist Kenneth J. Arrow dies at 95 Associated Press - 1 hour 13 minutes ago

    Kenneth J. Arrow, the youngest -ever winner of a Nobel prize for economics, has died in California. He was 95. His son, David, says Arrow died on Tuesday at his home in Palo Alto. Arrow was 51 when he ... … More »

  • ProAssurance posts 4Q profit Associated Press - 1 hour 14 minutes ago

    The Birmingham, Alabama-based company said it had net income of $1.02 per share. Earnings, adjusted for investment gains, were 83 cents per share. The medical professional liability insurer posted revenue ... … More »

  • Bowie wins as Brit Awards pay tribute to George Michael
    Bowie wins as Brit Awards pay tribute to George Michael AFP News - 1 hour 14 minutes ago

    David Bowie posthumously won two Brit awards on Wednesday in an emotional London ceremony which also saw tributes paid to the late George Michael. Superstar Bowie won both the categories he was nominated for, picking up awards for British male solo … More »

  • ONE Gas beats 4Q profit forecasts Associated Press - 1 hour 22 minutes ago

    The Tulsa, Oklahoma-based company said it had profit of 80 cents per share. The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for ... … More »

  • Silica Holdings reports 4Q loss Associated Press - 1 hour 28 minutes ago

    On a per-share basis, the Frederick, Maryland-based company said it had a loss of 9 cents. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment ... … More »

  • CoStar beats Street 4Q forecasts Associated Press - 1 hour 29 minutes ago

    On a per-share basis, the Washington-based company said it had net income of 91 cents. Earnings, adjusted for one-time gains and costs, came to $1.29 per share. The results topped Wall Street expectations. ... … More »

  • Asia Stocks to Fall as Dovish Fed Minutes Spur Yen: Markets Wrap Bloomberg - 1 hour 40 minutes ago

    Stock futures in Australia, Japan and Hong Kong fell after the S&P 500 index slipped from all-time highs. The euro rebounded, after briefly falling below $1.05 for the first time in more than six weeks, as French centrist Francois Bayrou bowed out … More »

  • Air NZ flies into turbulence as competition heats up AFP - 1 hour 43 minutes ago

    Air New Zealand reported a 24 percent fall in interim net profit Thursday amid increased competition in the domestic aviation market. New Zealand's flag carrier said net profit for the six months to December ... … More »

  • Evertec beats Street 4Q forecasts Associated Press - 1 hour 44 minutes ago

    On a per-share basis, the San Juan, Puerto Rico-based company said it had net income of 22 cents. Earnings, adjusted for non-recurring costs, were 43 cents per share. The results exceeded Wall Street expectations. ... … More »

  • Boston Beer posts 4Q profit Associated Press - 1 hour 48 minutes ago

    On a per-share basis, the Boston-based company said it had profit of $1.75. The brewer posted revenue of $219.4 million in the period. For the year, the company reported profit of $87.3 million, or $6.79 ... … More »

  • El-Erian Warns Bond Market It's Underestimating March Fed Odds Bloomberg - 1 hour 49 minutes ago

    Given the minutes from the Fed’s Feb. 1 meeting and recent economic data, the market’s implied probability of an increase in March "seems too low," El-Erian tweeted Wednesday. Futures indicate traders aren’t nearly that confident, reflecting about … More »

  • Trinseo beats 4Q profit forecasts Associated Press - 1 hour 53 minutes ago

    On a per-share basis, the Berwyn, Pennsylvania-based company said it had net income of $1.72. Earnings, adjusted for non-recurring gains, were $1.68 per share. The results topped Wall Street expectations. ... … More »

  • Inovalon Holdings beats Street 4Q forecasts Associated Press - 1 hour 53 minutes ago

    The Bowie, Maryland-based company said it had net income of less than 1 cent on a per-share basis. Earnings, adjusted for one-time gains and costs, were 5 cents per share. The results topped Wall Street ... … More »

  • Exxon Caves to Oil Crash With Historic Global Reserves Cut (2) Bloomberg - 1 hour 56 minutes ago

    The equivalent of about 3.3 billion barrels of untapped crude was removed from the so-called proved reserves category in Exxon’s books, the Irving, Texas-based explorer said in a statement. The 19 percent drop amounts to the largest annual cut … More »

  • L Brands tops 4Q profit forecasts Associated Press - 1 hour 57 minutes ago

    The Columbus, Ohio-based company said it had profit of $2.18 per share. Earnings, adjusted for pretax gains, came to $2.03 per share. The results exceeded Wall Street expectations. The average estimate ... … More »

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

MARKET MOVERS

    Market Data

    • Currencies
      Currencies
      NamePriceChange% Chg
      1.4153+0.0021+0.15%
      USDSGD=X
      1.4934+0.0019+0.13%
      EURSGD=X
      1.7617+0.0017+0.10%
      GBPSGD=X
      80.0180-0.152-0.19%
      SGDJPY=X
      5.4815-0.0086-0.16%
      SGDHKD=X
      3.1417-0.0091-0.29%
      SGDMYR=X
      9,442.0566-46.7881-0.49%
      SGDIDR=X
      4.8585-0.0071-0.15%
      SGDCNY=X
      1.0868-0.001-0.09%
      AUDSGD=X
    • Commodities
      Commodities
      NamePriceChange% Chg
      1,237.00+3.70+0.30%
      GCJ17.CMX
      17.99+0.03+0.19%
      SIH17.CMX
      89.91-1.82-1.99%
      ^XAU
      2.740.00+0.13%
      HGH17.CMX
      54.00+0.41+0.77%
      CLJ17.NYM
    • Bonds
      Bonds
      TreasuryYield (%)Yield Change
      1.910.00
      ^FVX
      2.42-0.01
      ^TNX
      3.040.00
      ^TYX