Malaysia expects RM5b dividend from state firms in 2018


  • Business
  • Monday, 30 Jul 2018

Petroliam Nasional Bhd (Petronas) and a consortium led by Japan's JXTG Holdings Inc are among the companies interested in buying a stake in India's Bina oil refinery, a source close to the matter said.

KUALA LUMPUR: Dividends to help govt achieve 2018 fiscal deficit target of 2.8% of GDP, Finance Minister Lim Guan Eng says in written responses to questions at Parliament.

The one-off dividend will come from Khazanah Nasional and Petroliam Nasional Bhd (Petronas), says Minister of Economic Affairs Datuk Seri Azmin Ali.

He also said the government was in talks with Japan for a long-term loan with very low interest rate of 0.1%.

Govt aims to substantively conclude RCEP negotiation process by end-2018, says Minister of International Trade and Industry Darell Leiking. - Bloomberg
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dividends , fiscal deficit

   

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