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PUTRAJAYA: Malaysia's fiscal deficit is expected to rise to 6.0 per cent from an earlier estimate of 5.4 per cent this year following the implementation of the PEMERKASA stimulus package announced by Prime Minister Tan Sri Muhyiddin Yassin yesterday.
Quality investors with deep pockets and long-term view should be welcomed
Blanket EPF Account 1 withdrawals and extensions to the loan moratorium set dangerous precedents
THE coronavirus that has upended the world’s economic and social life is turning out to be a mediocre election campaigner. The lesson of recent contests in Asia is that pre-existing conditions haven’t gone away and will likely be decisive, even in the bitterly fought US campaign.
KUALA LUMPUR: Proceeds from the disposal of Khazanah Nasional Bhd’s shares, assets and interests fully belong to the sovereign wealth fund and will never be used to pay government debts, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.
Farcical political situations and a depleting economy. If there’s a time to rally the troops to thwart the country’s follies, the upcoming National Day looks the opportune moment.
KUALA LUMPUR: The memorandum of understanding (MoU) on China's import of an additional 1.9 million tonnes of palm oil from Malaysia, which was signed on April 25 this year, was not an extension of the old one inked on Nov 23, 2015.