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Tengku Zafrul reiterated that the statutory debt limit has not yet exceeded the 60% debt ceiling
WHEN Bank Negara released the fourth quarter (Q4) and 2020 gross domestic product (GDP) data about a month ago, the Finance Ministry (MoF) too released a report on Malaysia’s economic performance for last year at the same time. One of the interesting data that was revealed in that report was on Malaysia’s debt-to-GDP ratio.
THE rapid development of information technology has brought big changes in almost all aspects, including the monetary sector. The monetary authorities have to adopt the development of digital technology, transforming from conventional patterns into strategies based on digital technology.
Despite what detractors have said, as it stands today, the government has successfully prevented a catastrophic collapse of the economy, functioned well to support the vulnerable groups, and smoothly rolled out its National Covid-19 Immunisation Programme. Based on various data points, it is probably safe to say that the worst is behind us.
BRASILIA: Humans have degraded or destroyed roughly two-thirds of the world's original tropical rainforest cover, new data reveals – raising alarm that a key natural buffer against climate change is quickly vanishing.
KUALA LUMPUR: Celcom Axiata Bhd has earmarked RM1 billion for its 2021 capital expenditure (capex) to improve its network capacity nationwide.
WASHINGTON The White House is losing hope that congressional Republicans will back U.S. President Joe Biden's US$1.9 trillion coronavirus aid bill despite a campaign-style push that has won support from business leaders, local government officials, unions and voters
Understanding what is a fund’s objective is the first thing any leadership must ascertain. For Permodalan Nasional Bhd (PNB), the aim is to enhance wealth of unitholders
LONDON: Britain's coronavirus-ravaged economy suffered its biggest crash in output in more than 300 years in 2020 when it slumped by 9.9%, but it avoided heading back towards recession at the end of the year and looks on course for a recovery in 2021.