MoF: RM16.5b represents only construction cost of Sarawak Pan Borneo Highway
KUALA LUMPUR (Feb 12): The Ministry of Finance (MoF) has rebutted claims that the total cost of the Sarawak portion of the Pan Borneo Highway project was RM16.
KUALA LUMPUR (Feb 12): The Ministry of Finance (MoF) has rebutted claims that the total cost of the Sarawak portion of the Pan Borneo Highway project was RM16.
KUALA LUMPUR (Dec 20): The deadline to complete negotiations on the acquisition of four highway concessions by Minister of Finance (Incorporated) [MoF Inc] for a total enterprise value of RM6.
KUALA LUMPUR (Dec 18): The prosecution in Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial showed yesterday that the former premier had ordered the appointment of directors to the company even before the board of its parent 1Malaysia Development Bhd (1MDB) had approved the proposal via a directors’ circular resolution (DCR).
KUALA LUMPUR (Nov 1): The details of the proposed acquisition of four Gamuda Bhd toll concessionaires, which were supposed to be finalised yesterday between the company and the government, has been extended for another two months, with the latest completion date set no later than March 31 next year, according to the company.
KUALA LUMPUR (Oct 2): The Ministry of Finance (MoF) said it made another RM43.
KUALA LUMPUR (May 8): Finance Minister Lim Guan Eng says the repatriation of 1Malaysia Development Bhd (1MDB)-related assets from the US and Singapore will be used to service 1MDB's debts currently amounting to RM51 billion.
KUALA LUMPUR (March 30): The Ministry of Finance (MoF) announced today that it has disbursed the Bantuan Sara Hidup (BSH) cash aid worth RM100 to three million individuals categorised as bachelors under the B40 group this week.
KUALA LUMPUR (Nov 2): Malaysian domestic demand, which is predicted to support the country's real gross domestic product (GDP) growth, is expected to remain resilient at 4.
KUALA LUMPUR (Nov 2): Malaysia's tax revenue is estimated to register RM174.
KUALA LUMPUR (Nov 2): The Ministry of Finance (MoF) has forecast a growth rate of 4.