Household debt still 'elevated' at 82% of GDP, driven by residential property loans
Bank Negara: Although most households continue to be able to comfortably service their debt, pockets of risks remain.
Bank Negara: Although most households continue to be able to comfortably service their debt, pockets of risks remain.
On commercial properties, the central bank warns of escalating vacancy rate in office space and shopping malls.
The government will now stop approving new independent power production projects that come with power purchase agreements.
He hits out at MAHB for refusing to embrace the LCC model
The contract was awarded to LBU when Bustari’s brother Datuk Seri Fadillah Yusof was then public works minister in June 2015.
Muhammad Shafee had today asked Amhari about his asset declaration to the Malaysian Anti-Corruption Commission (MACC) in June last year.
This comprised RM55,000 per month from his position as a director in Khazanah Nasional Bhd, as well as RM20,000 from firm ORB Solutions Sdn Bhd that facilitated Najib’s digital presence..
Amhari disclosed that he was sent to China (along with Jho Low) on a “secret mission” in 2016 by Najib to convince the country to help pay 1MDB’s debts, in return for which Beijing’s state-owned enterprises would be awarded several infrastructure projects.
The witness, who once worked as a special officer for Najib, said he was sent to China on a 'secret mission' by his then-boss to influence the country to help pay 1MDB's debts.
Any developments approved by Selangor's local councils are required to prioritise the construction of affordable units.