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MA63 zero without equitable economic partnership | Daily Express Online

ALL Sabah political leaders must join in the fight for equitable economic partnership post-MA63. Parliament has passed MA63 on 14th December 2021. Since then, Hajiji has successfully fought for Sabah
[a] a seat in the main board of Petronas which is a first ever.
[b] Sabah Gas Master Plan.
[c] Commercial Collaborative Agreement.
[d] LNG plant in SOGIT.
[e] Sales Tax on petroleum products. And quite few more in other sectors. These are significant milestones as Sabah has tried, without success for more than 3o years to secure equity from Petronas on our oil/gas ....

Khazanah Nasional Berhad , Lembaga Tabung Angkatan Tentera , Kumpulan Wang Amanah Pencen , Menteri Kewangan Diperbadankan , Permodalan Nasional Berhad , Employee Provident Fund , Bank Negara Malaysia , Parliament On Sabah , Datuk John , Gas Master , Klang Valley , Negara Malaysia , Lembaga Tabung Haji , Petronas Board , Income Tax Board ,

Insight - Business | The Star

Insight - Business | The Star
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

United States , China General , Hong Kong , Chicago School , South Australia , South China Sea , Brunei General , Peninsular Malaysia , Malaysia General , Singapore General , Genting Highlands , White House , District Of Columbia , City Of , United Kingdom , New South Wales , Krung Thep Mahanakhon , France General , Pearl River , New Zealand , Sumatera Utara , South Korea , New York , Kuala Lumpur , Republic Of , Jawa Tengah ,

Making up for less oil money

AFTER a long time, Petroliam Nasional Bhd’s (Petronas) contribution to federal government coffers would see a steep decline. ....

Khazanah Nasional Bhd , Petroliam Nasional Bhd Petronas , Kumpulan Wang Amanah Pencen , Perikatan Nasional , Bank Negara , Public Service Department , Petroliam Nasional Bhd , Pakatan Harapan , Datuk Wan Kamaruzaman Ahmad , Oil Money , The Alternative View , M Shanmugam ,

Alternative Views: Tapping KWAN can disrupt the government debt market ecosystem

Not many knew of the existence of the National Trust Fund (KWAN) until the government using its emergency powers decided to tap into it to procure Covid-19 vaccines and meet any other related expenses incurred.
The fund was set up in 1988 to help build up the country’s wealth and prepare it when resources from oil and other commodities are depleted. It is also known as the National Heritage Fund.
Towards meeting this objective, when crude oil was north of US$90 per barrel (and even breached the US$100 barrier) for a few years before prices collapsed in June 2014, Petronas contributed to the fund aggressively. Other commodity sectors such as timber, oil palm and rubber are supposed to contribute too but, so far, only Petronas has done so. ....

Najib Razak , Kumpulan Wang Amanah Pencen , Zafrul Abdul Aziz , National Trust Fund , Bank Negara , National Heritage Fund , Provident Fund , Bank Negara Malaysia , National Heritage , Malaysian Government Securities , Malaysian Government Investment Issues , Malaysian Islamic Treasury Bills , Malaysian Treasury Bills , Employees Provident Fund , Datuk Seri Najib Razak , நஜிப் ர்யாஸக் , ஜப்ருள் அப்துல் அஜிஸ் , தேசிய நம்பிக்கை நிதி , வங்கி நெகாரா , தேசிய பாரம்பரியம் நிதி , வருங்கால நிதி , வங்கி நெகாரா மலேசியா , தேசிய பாரம்பரியம் , மலேசியன் அரசு பத்திரங்கள் , மலேசியன் அரசு முதலீடு சிக்கல்கள் , மலேசியன் இஸ்லாமிய கருவூலம் பில்கள் ,

Paying the price for debt

Fitch downgrade is a wake-up call to the rising debt service charges of the country
FOR the past 21 years, whether there is an economic crisis or not, Malaysia’s debt levels have been rising.
One only needs to look at the debt service charges (DSC), which has been on the uptrend since the 1998 Asian Financial Crisis.
That year Malaysia imposed capital controls to stop the manipulation of the ringgit. The controls were effective and saved the economy then. But at the same time it gave leeway for the government to borrow to fuel their spending without being penalised by international rating agencies. ....

Najib Razak , Kumpulan Wang Amanah Pencen , Kumpulan Wang Amanah Negara , National Trust Company , Services Tax , Malaysia Development Bhd , Provident Fund , Employees Provident Fund , Global Financial , Federal Government , Prime Minister Datuk Seri Najib Razak , Development Bhd , Prime Minister , நஜிப் ர்யாஸக் , தேசிய நம்பிக்கை நிறுவனம் , சேவைகள் வரி , மலேசியா வளர்ச்சி ப்ட் , வருங்கால நிதி , ஊழியர்கள் வருங்கால நிதி , உலகளாவிய நிதி , கூட்டாட்சியின் அரசு , வளர்ச்சி ப்ட் , ப்ரைம் அமைச்சர் ,