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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
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024