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Fiscal Responsibility Act to include caps on govt debt levels - Ahmad Maslan

Fiscal Responsibility Act to include caps on govt debt levels - Ahmad Maslan

Any govt operating expenditure must be based on govt revenue but govt's flexibility to borrow should be allowed for development expenditure.
Wed Feb 22 2023
Debt level trajectory to remain within statutory debt limit in medium term - MOF

Debt level trajectory to remain within statutory debt limit in medium term - MOF

The government debt level trajectory is forecast to remain within the statutory debt limit in the medium term.
Sat Oct 08 2022
Malaysia's ability to increase debt level limited - Tengku Zafrul

Malaysia's ability to increase debt level limited - Tengku Zafrul

Malaysia's ability to increase its level of indebtedness is limited compared to developed nations with much lower debt service ratios, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Tue Jul 19 2022
Govt has no intention to increase statutory debt level - MoF

Govt has no intention to increase statutory debt level - MoF

The government remains committed to maintaining the fiscal deficit target at 5.4 per cent of the GDP.
Tue Jan 26 2021
Higher debt is temporary manageable, says BNM

Higher debt is temporary manageable, says BNM

BNM Governor Datuk Nor Shamsiah Mohd Yunus said increasing the debt level during a crisis is not something new for Malaysia.
Fri Aug 14 2020
Malaysian economy remains healthy against global peers

Malaysian economy remains healthy against global peers

Hanifah Hashim said the economy is still growing and the nation's current account remains in the surplus.
Sat Oct 24 2015
1MDB to prove ability to reduce debt levels

1MDB to prove ability to reduce debt levels

1MDB is expeted to take additional steps to reduce its overall debt levels after repaying a US$975 million loan.
Tue Jun 09 2015
1MDB repays US$975 million debt, says Arul Kanda

1MDB repays US$975 million debt, says Arul Kanda

1MDB president and group executive director Arul Kanda Kandasamy confirmed that the repayment reflected the agencys commitment to reduce its debt levels in line with the rationalisation plan.
Tue Jun 09 2015
China ratings firm warns of global 'currency crisis'

China ratings firm warns of global 'currency crisis'

Rising sovereign debt levels in advanced economies are spawning a crisis that could topple the dollar and other reserve currencies, a Chinese credit ratings agency warned Monday.
Mon Feb 25 2013
Japanese manicurist takes on plastic pollution, one nail at a time

Japanese manicurist takes on plastic pollution, one nail at a time

Before global leaders address plastic pollution, a Japanese manicurist highlights the issue by incorporating it into her nail designs.
Sat Nov 23 2024
What to watch for ahead of US presidential inauguration

What to watch for ahead of US presidential inauguration

Here's a timeline of events between now and inauguration day.
Sat Nov 23 2024
The battle to reduce road deaths

The battle to reduce road deaths

In Malaysia, over half a million road accidents have been recorded so far this year.
Sat Nov 23 2024
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
Sat Nov 23 2024
How quickly can Trump's Musk-led efficiency panel slash US regulations?

How quickly can Trump's Musk-led efficiency panel slash US regulations?

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
Sat Nov 23 2024
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024