PETALING JAYA (Dec 28): The previous government administration pushed infrastructure development in Malaysia between 2009 and 2018 but also left the country with a mountain of debt, the Edge reported today.
KUALA LUMPUR (Dec 6): Finance Minister Lim Guan Eng said today that the Malaysian government's direct debt had at most increased RM94.
KUALA LUMPUR (Dec 4): Seacera Group Bhd (SGB) has been served with a legal claim demanding that it auctions land in Perak to pay off an RM31.
KUALA LUMPUR (Oct 31): PLUS Malaysia Bhd said today the highway operator was already a debt-ridden company when Syarikat Danasaham Sdn Bhd took over UEM Group Bhd (UEMG) from Renong Bhd and subsequently privatised UEMG in 2001.
KUALA LUMPUR: Economist Muhammed Abdul Khalid criticised the finance ministry’s decision to acquire four urban tolled highways for RM6.
KUALA LUMPUR (Oct 18): Animation Theme Park Sdn Bhd (ATP), a 51%-owned unit of loss-making Perak Corp Bhd (PCB), has defaulted on its repayment of a syndicated term loan facility of up to RM280 million.
PETALING JAYA (Oct 12): Eco World Development Group Bhd (EcoWorld) emerged as one of the top developers in the country in just six years but that success was assisted by substantial borrowing, according to a report from The Edge by Liew Jia Teng.
Budget 2020: Rahim and Co cautions potential home buyers to not take on too much debt, has neutral outlook on Budget 2020
PETALING JAYA (Oct 11): Neutral.
Total debt, liabilities expanded to 77% of GDP, versus 75.
KUALA LUMPUR (Sept 26): Ikhmas Jaya Group Bhd and its wholly-owned unit Ikhmas Jaya Sdn Bhd (IJSB) have been served with a winding-up petition from Ipmuda Bhd for owing RM2.