Listing of Petronas among options to increase revenue


To the rescue: Given the gravity of the situation, one investor says that the listing of Petronas is a surefire way of raising a huge sum of money quickly. — Bloomberg

THE government’s liabilities are out in the open. Finance Minister Lim Guan Eng revealed details to substantiate his point of national liabilities and debt have breached not only the RM1 trillion-mark but also reached 80.3% of gross domestic product.

The numbers are disputed by the former Finance Minister and Prime Minister Datuk Seri Najib Tun Razak.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

TM shares rally after strong FY23 performance
Foreign investors extend net buying of local equities for fifth week
Ringgit slightly up against US$, most other major currencies
FBM KLCI trades in consolidation as heavyweights earnings in store
Trading ideas: Sime Darby Property, IOI, Telekom, Mi Tech, Greatech, Malakoff, Matrix, Sports Toto and SAM
‘Eye-popping’ results unlikely, says Buffett
Bond markets flooded with deals to fund M&A
Jakarta opens 2024 with 8% drop in January tax revenue
Sweet situation in store for MSM’s prospects
Woodside to sell US$1.4bil stake in gas project

Others Also Read