PUTRAJAYA: RM3.1 bil in costs could be saved from the termination of the Pan Borneo Highway Sarawak project delivery partner (PDP) agreement, according to Finance Minister Lim Guan Eng.

PUTRAJAYA: The Government is expected to save about RM3.1bil after taking over the Sarawak Pan Borneo project from a project delivery partner (PDP), says Finance Minister Lim Guan Eng.

Kerajaan mampu menjimat sebanyak RM3.1 bilion melalui penamatan perjanjian rakan pelaksana projek (PDP) projek Lebuhraya Pan Borneo di Sarawak.

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.