Xavier: Sea sand export ban meant to satisfy local demand

KUALA LUMPUR (July 5): Water, Land and Natural Resources Minister Dr Xavier Jayakumar said Malaysia imposed the sea sand export ban after Pakatan Harapan took over the government last May to ensure the country has enough of the commodity to satisfy domestic demand.

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Finance minister: Household debt down, banks please lend to new homebuyers

PETALING JAYA (June 19): Malaysia’s Finance Minister Lim Guan Eng wants banks to provide greater access to financing to first-time homebuyers, as well as to small and medium enterprises (SMEs) considering the fact that the country’s household debt as a ratio to gross domestic product (GDP) has fallen to 83% in 2018 from 83.

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Light at the end of tunnel for Gadang

KUALA LUMPUR: Gadang Holdings Bhd is set to see some light at the end of the tunnel a year after Malaysians voted for a change in government, with the revival of some large infrastructure projects like the East Coast Rail Link (ECRL) and Bandar Malaysia.

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