Raise salaries to boost aggregate demand, MIER tells govt

KUALA LUMPUR (April 16): The government should focus on raising civil servants' salaries to boost domestic aggregate demand instead of being fixated on price levels when it comes to addressing the high cost of living, according to the Malaysian Institute of Economic Research (MIER).

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ECRL to proceed, cost reduced by RM21.5 bil

KUALA LUMPUR (April 12): Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction Co Ltd (CCCC) have signed a supplementary agreement pursuant to the East Coast Rail Link (ECRL) project, which will proceed at a lower cost of RM44 billion compared with its original cost of RM65.

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