News Coverage
KUALA LUMPUR, March 17 — The Ministry of Finance (MOF) disclosed today that the sovereign debt level is at a staggering RM630.5 billion, which stands at 54.5 per cent of Gross Domestic Product (GDP) and very close to the government’s self-imposed 55 per cent limit.
THE GLOBAL investment landscape has changed rapidly in recent years. Major economic events like the 2008 global financial crisis have caused traditional assets to depreciate, thus giving rise to alternative investments and instruments that help investors preserve their wealth.
Malaysian Prime Minister Najib Abdul Razak’s efforts to curb the budget deficit and rein in use of debt guarantees will face the judgment of investors next week as a subway financier sells Islamic notes.
Malaysian companies building railways and power plants under Prime Minister Najib Razak’s $444bn development programme will help revive sukuk sales from the slowest quarter since 2010, said AmInvestment Bank Bhd.
PETALING JAYA: DanaInfra Nasional Bhd, the Government’s special funding vehicle for infrastructure projects, has kicked off a financing programme to raise up to RM50bil to fund the Mass Rapid Transit (MRT) projects.
KUALA LUMPUR: DanaInfra Nasional Bhd (DanaInfra) will start a cohesive funding programme of up to RM50 billion for Line 1 of the Mass Rapid Transit Project Sungai Buloh-Kajang (MRT-SBK) and Line 2 of the MRT Sungai-Buloh-Serdang-Putrajaya (MRT-SSP) project.
