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last updated: 23-May-2013 12:00 AM

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Balanced budget timeline needs to be extended by two or three years: Johari 4-Jan-2018 11:00 PM

KUALA LUMPUR: Second Finance Minister Datuk Seri Johari Abdul Ghani has reiterated that the country is unlikely to meet its balanced budget target by 2020 and will need another two to three years to reach zero fiscal deficit due to rising emolument a...

Three reasons for missing ‘feel good’ factor 4-Jan-2018 9:00 PM

KUALA LUMPUR: Consumers are not feeling the growth of the economy because of market cannibalisation from the oversupply of shopping malls and online purchases as well as the lagging effect of the economy, said Second Finance Minister Datuk Seri Johar...

1MDB completes payment to IPIC 27-Dec-2017 4:00 PM

PETALING JAYA: State-owned strategic investment fund 1Malaysia Development Bhd (1MDB) has made the remaining payment due by year-end to International Petroleum Investment Co PJSC (IPIC) under a settlement agreement between IPIC and Minister of Financ...

Ongoing discussions on Sabah Electricity’s future 22-Dec-2017 5:00 PM

KOTA KINABALU: The future of loss-making Sabah Electricity Sdn Bhd (SESB) will be determined next year following an ongoing discussion between the Energy, Green Technology and Water Ministry (KeTTHA), Ministry of Finance (MoF) and Tenaga Nasional Bhd...

Bank Negara's international reserves up 0.3% at RM431.6b as at Dec 15 22-Dec-2017 3:00 PM

PETALING JAYA: Bank Negara Malaysia's international reserves grew 0.3% to RM431.6 billion (US$102.2 billion) as at December 15, 2017, compared with RM430.4 billion (US$101.9 billion) as at November 30, 2017. In a statement today, the central bank sa...

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