KUALA LUMPUR – The government is strengthening the nation’s energy security through a diversified supply strategy, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
He emphasised that through Petroliam Nasional Bhd and other oil companies, Malaysia continues to explore new sources, including from South Africa and the United States, to maintain uninterrupted economic activity, Bernama reported.
“This also means we have established new relationships. Some of the supply may come from further away and be slightly more expensive, but the important thing is that the domestic energy supply is sufficient.
“For coal, Malaysia continues to depend largely on Indonesia while expanding its supply sources to other countries, including the United States and Australia. This simultaneously reduces dependence on a single source and strengthens overall supply security,” he told reporters after attending the ‘Program Mikro Kredit Turun Padang’ here today.
Amir Hamzah added that this approach is a sound risk management measure, allowing Malaysia to adjust supplies from alternative sources in the event of disruptions in any supplier country.
The Ministry of Finance (MOF) said the ‘Program Mikro Kredit Turun Padang’ forms part of the MADANI Government’s initiatives to enhance the micro-entrepreneurship ecosystem.
According to MOF, the programme provides a platform for direct engagement with micro-entrepreneurs, enabling authorities to understand their challenges and share information on financing, business support, and capacity-building programmes.
“The programme is also capable of helping them increase their income, expand business operations, and build more sustainable and competitive businesses,” he said.
Participating agencies include Bank Simpanan Nasional (BSN), Agrobank, Bank Kerjasama Rakyat Malaysia Bhd, Amanah Ikhtiar Malaysia (AIM), Companies Commission of Malaysia (SSM), TEKUN Nasional, Credit Counselling and Debt Management Agency (AKPK), and Majlis Amanah Rakyat. — June 6, 2026