Malaysia may sell more assets to reduce borrowings

  KUALA LUMPUR (April 5): While the country’s national debts are at a more manageable level currently after the government has recovered some money from abroad, still Prime Minister Tun Dr Mahathir Mohamad points out that the government needs to sell more assets to reduce borrowings.

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Guan Eng: Bumi-only contracts remain

KUALA LUMPUR (April 3): The government has not issued any instruction to open up “bumiputera-only” contracts to all races despite opting for open tenders and less bureaucracy in the procurement process, Finance Minister Lim Guan Eng reiterated.

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