Tag - Government Spending

Household financial assets are double debt levels, Dewan Rakyat told

KUALA LUMPUR: Malaysia’s household financial assets remain robust, standing at 2.1 times more than total household debt, the Dewan Rakyat was told. This is despite debt levels reaching RM1.65 trillion, equivalent to 84.3% of the nation's gross domestic product (GDP), as at the end of March, said Deputy Finance Minister Lim Hui Ying. She added that while...

Ismail Sabri a suspect in ongoing MACC investigation, says Azam Baki

PUTRAJAYA: Former prime minister Datuk Seri Ismail Sabri Yaakob is a suspect in an ongoing Malaysian Anti-Corruption Commission (MACC) investigation, says Tan Sri Azam Baki. MACC Chief Commissioner Tan Sri Azam Baki said this at a press conference on the matter at the MACC HQ here on Monday (March 3) ALSO READ: MACC seizes RM170mil in foreign currency,...