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The debt of the Federal Government has reached RM623.3 billion as of 30 September 2015, representing 53.7 percent of Malaysia’s Gross Domestic Product (GDP), according to Deputy Finance Minister Datuk Johari Abdul Ghani as reported in Bernama. “Of this amount, 96.4 percent or RM601.1 billion is domestic debt, with the balance of RM22.2 billion … Read more
The Forest City project in Johor is poised to be an iconic urban area in the world within 20 years, reported The Star. Notably, the project is expected to trigger significant changes in how development projects are carried out throughout the world, said Country Garden Holdings chairman Yeung Kwok Keung. He noted that the 1,740ha … Read more
For the first nine months of 2015, Malaysia attracted RM153.2 billion worth of investments in the manufacturing, services and primary sectors, reported New Straits Times Online. The figure, which came in lower compared to the RM180 billion posted over the same period last year, was primarily due to a significant decline in the approvals for … Read more