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Huawei US$2bil security pledge followed walkout by British official

LONDON: Huawei's relations with British authorities hit a low last month when a top official walked out of a meeting with the Chinese company over its perceived failure to fix security holes in its products, sources familiar with the talks told Reuters.

Govt debt to be elevated at 51.4% of GDP next year, says RAM

KUALA LUMPUR: RAM Rating projects the Malaysian Government debt to remain elevated at 51.4% of GDP in 2019 versus the estimated 51.6% in 2018.

Meaningless debate on the Constitution

ALL countries are governed by their uniquely constructed Federal Constitution and Malaysia is no different. The US Constitution has less than 5,000 words whereas the Malaysian Constitution contains more than 60,000 words.

New appointments suggest hidden hands at work

The alternative view - By M. Shanmugam THE television series Yes Minister in the 1980s and its sequel, Yes, Prime Minister, is a political satire on a minister in the British government whose moves to bring about changes is opposed by the civil service.

Nod for National Housing Policy

PETALING JAYA: The National Housing Policy has been approved by the Cabinet two weeks ago, said National Housing Department director-general N. Jayaselan, and its main thrust is the separation of public and private housing, with an emphasis on renting.

Nigeria’s new minimum wage: Too much to ask?

LAGOS: On the campaign trail for re-election in February, Nigeria’s President Muhammadu Buhari may have spoken too soon when he backed an initiative to hike his country’s minimum wage by a whopping two thirds.

Budget is ‘not expansionary’

KUALA LUMPUR: Budget 2019 is not expansionary as it initially appears to be, but rather contractionary in nature, according to the Finance Ministry’s budget director Johan Mahmood Merican.

What’s not in the report

THE change in the title of what is traditionally known as the Economic Report to Economic Outlook 2019 reflects the contents of the new-look document from the Treasury that sums up the state of the Malaysian economy.

Liam happy with special incentives given by govt

KUALA LUMPUR: The Life Insurance Association of Malaysia (Liam) said the 2019 Budget was a caring budget as it cared for the people’s well-being.

Budget 2019: Responses from the banking sector

Responses from the banking sector on Budget 2019