PUTRAJAYA (Feb 6): The Government has saved some RM3.1 billion or 14% of the total cost of the Sarawak portion of the Pan-Borneo Highway project, thanks to a new project funding agreement.

THE government’s commitment to pay debt linked to state fund 1Malaysia Development Bhd (1MDB) has cut the overall national debt and liabilities by nearly 4% to 75.4% of GDP from 79.3% in the past year.

KUALA LUMPUR (Sept 27): FTSE Russell will keep Malaysia on a watchlist for exclusion from its World Government Bond Index, signaling that policy makers need to do more to deepen the ringgit debt market.

KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s national debt rose to RM1.09 trillion in 2018 from RM1.08 trillion in 2017, based on accrual accounting, said Datuk Seri Mustapa Mohamed, chairman of the Special Select Committee on the Budget.

THE US dollar rebounded by 0.22% to 96.194 largely due to safe haven flows following escalating US-Iran geopolitical tensions after both Iran President Hassan Rouhani and President Donald Trump have traded insults, with Rouhani suggesting that Trump suffered from a “mental disorder” and Trump once more threatening Iran with “obliteration”.

THE dollar fell 0.54% to 97.117 after the Federal Reserve struck a dovish tone in its June policy statement while keeping its benchmark interest rates unchanged at 2.25%–2.50%. The decision came amid divisions over what is ahead and still leaves open the possibility that policy loosening could happen before the end of the year depending on how conditions unfold.