Malaysia expects RM5b dividend from state firms in 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

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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dividends , fiscal deficit

   

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