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Singapore s GIC invests RM750mil for 16% stake in Sunway Healthcare over three years

Singapore s GIC invests RM750mil for 16% stake in Sunway Healthcare over three years
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4 Malaysians Join Forbes World s Billionaires 2021 List

Despite the Covid-19 pandemic, the number of billionaires on Forbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755 – 660 more than a year ago. Among the richest in the world are Jeff Bezos, the world’s richest for the fourth year running, worth US$177 billion, and Elon Musk, who rocketed into the number two spot with US$151 billion. While the list includes some Malaysian mainstays such as Tan Sri Ananda Krishnan, Tan Sri Teh Hong Piow, Tan Sri Lim Kok Thay, Tan Sri Dr Jeffrey Cheah, Tan Sri Syed Mokhtar AlBukhary, and Top Glove Corp Bhd’s Tan Sri Dr Lim Wee Chai, to name a few, four Malaysians made their debut on the annual world’s billionaires list this year.

Govt receives fund requests for RM900b under 12MP

Govt receives fund requests for RM900b under 12MP 05 Apr 2021 / 21:43 H. KUALA LUMPUR: The government has received allocation requests for a total of RM900 billion under the 12Malaysia Plan (12MP) from federal and states government and agencies, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. He said this year alone, RM69 billion had already been allocated, with most of the fund channelled to the healthcare sector, including for the Covid-19 vaccination programme. “Considering these requests (coming) from every direction, we have to study (them) carefully because priority needs to be given to the healthcare sector,” he told a press conference after attending a briefing on the Developing Malaysia and Helping The World: Jeffrey Sachs Center on Sustainable Development yesterday.

Tok Pa: Govt cautious on 12MP allocations

Engaging the stakeholders: Mustapa speaking to the press at Sunway University. With him is Cheah. PETALING JAYA: The government is being extra careful when considering allocations for the 12th Malaysia Plan 2021-2025 (12MP) as its priority is on tackling the Covid-19 pandemic, says Datuk Seri Mustapa Mohamed. The Minister in the Prime Minister’s Department (Economic Affairs) said the government had received submissions amounting to RM900bil in requests from all ministries and state governments. “That is a big sum. This year we allocated RM69bil (for the development expenditure in Budget 2021), one of the highest in recent years in terms of annual allocation.

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