Cabinet approves takeover of KESAS, LDP, Sprint and SMART Tunnel
Lim has previously said, in Parliament, that the government will fund its takeover of the four highways via bond issuances.
Govt to proceed with Bandar Malaysia
It was not immediately revealed how much the project will cost this time.
Federal Govt widens 2020 fiscal deficit target to stimulate growth
However, the overall deficit in 2020 is expected to be lower compared with 3.4% in 2019 with fiscal consolidation remaining on its trajectory and the debt position at a manageable level.
Malaysia's total debt, liabilities rose to RM1.17t as at end-June
In contrast, federal government debt as at end-2018 stood at RM741 billion (51.2% of GDP), while committed guarantees added up to RM132.7 billion (9.2% of GDP).
Economic Outlook 2020 Report: CPI seen rising 2% in 2020 after 2019's estimated 0.9% hike
The 2020 CPI forecast also took into account the introduction of the nation's targeted fuel subsidy in 2020
Economic Outlook 2020 Report: Malaysian economy to grow 4.8% in 2020 vs 4.7% in 2019
The stronger growth is underpinned by resilient domestic demand, particularly household spending, thanks to stable labour market and low inflation.
Economic Outlook 2020 Report: Household debt increases slightly to RM1.22 tril
Nevertheless, household debt, which has been moderating since 2015 thanks to various macro-prudential and financial literacy measures, is expected to remain manageable in 2019 and 2020.
Lebanese jeweller pays security deposit for trial against Rosmah to proceed
Global Royalty's lawyer Datuk David Gurupatham told reporters the sum was paid on Wednesday, and as far as their client is concerned, it wants the hearing of the suit to proceed as scheduled from Oct 21 to 24.
Govt appeals against High Court ruling on Rosmah appointing independent jeweller
The government filed a notice of appeal on Wednesday (Oct 9) to appeal against Justice Wong Chee Lin's ruling on Sept 17 that allowed Rosmah's application.
World Bank: Risks to Malaysia's growth outlook tilt towards downside
The World Bank said in its latest East Asia and Pacific economic update that increased uncertainty could also lead to more subdued business sentiment and moderation in private sector activity.
