News Coverage

News Coverage

National debt a staggering RM630.5b despite oil and gas revenues

According to the Finance Ministry, the federal government’s latest sovereign national debt amount for the year ending Dec 31, 2015 is at a staggering at RM630.5 billion, which stands at 54.5 percent of the Gross Domestic Product (GDP).

Malaysia’s new central banker lifts sukuk sales with rate cut

Malaysia’s second-biggest Islamic bond arranger predicts sales will more than double over the next six months after new central bank governor Muhammad Ibrahim unexpectedly cut interest rates.

Against the odds

Asia’s sukuk market has defied predictions of doom linked to the fall in oil prices, with sovereign and infrastructure-linked issues potentially pointing to a record year for new issues.

Malaysia's new central banker fires up sukuk sales with rate cut

[KUALA LUMPUR] Malaysia's second-biggest Islamic bond arranger predicts sales will more than double over the next six months after new central bank Governor Muhammad Ibrahim unexpectedly cut interest rates.

CIMB Research overweight on construction

KUALA LUMPUR: CIMB Equities Research is overweight on the construction sector as the Pan Borneo highway picks up pace while contracts have been awarded for the Mass Rapid Transit 2 (MRT) project in the Klang Valley.

More Pan Borneo jobs, S'wak firms poised to win RM10bil contracts

KUALA LUMPUR: Sarawak construction firms will be big winners from the next round of contracts set to be given out for the RM16bil Pan Borneo Highway development in the state.