Deputy Finance Minister Datuk Abdul Rahim Bakri said the A- ratings by Fitch, S&P and Moody’s reflect their confidence in Malaysia’s ability to support its economy via the PRIHATIN and PENJANA stimulus packages.
Boustead had been subject to criticism due to high debt strain from its expansion exercises.
The project is part of the integrated waterfront mixed development project in Penang known as The Light City.
The RM11.97 billion figure comprises RM7 billion in supply expenditure and RM4.97 billion in development expenditure
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The Covid-19 infections related to the Sivagangga cluster were found in Kedah, Perlis and Penang.
Total recoveries now stand at 8,809 after six more Covid-19 patients have been discharged from the wards today
While Airbnb has yet to arrive at a conclusion as to whether the stay restriction as set by the governing body is reasonable, it hopes to consider how the cap has affected individual hosts trying to participate in the economy.
Apart from the proposed diversification, Titijaya had in April signed an agreement with China's Sinopharm Medical Equipment QuanZhou Co Ltd to collaborate on sale of medical industry-related equipment and real estate
Najib was sentenced to 12 years' jail and fined RM210 million after Justice Mohd Nazlan Mohd Ghazali convicted the former premier of all seven charges in relation to the SRC case
In a 2Q20 preview note today, the research house said this is lower compared to its initial estimate of 12% y-o-y and 1Q20’s +0.7% y-o-y.
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