The Edge Markets: Bursa: RHB Bank unable to provide market-making quotes for three DanaInfra ETBS

Bursa: RHB Bank unable to provide market-making quotes for three DanaInfra ETBS

KUALA LUMPUR (March 17): Bursa Malaysia Bhd said today RHB Bank Bhd was unable to provide market-making quotes for three DanaInfra exchange traded bonds/sukuk (ETBS) since Monday due to system issues.

The Sun Daily: Foreign investors back as net buyers of Malaysian bonds in May

Foreign investors back as net buyers of Malaysian bonds in May

PETALING JAYA: Foreign investors returned as net buyers of Malaysian bonds in May, in spite of worsening growth prospects and rising deflationary risks, according to Malaysian Rating Corp Bhd (MARC).

Net foreign inflows came in at RM1.5 billion for the month, against an outflow of RM2 billion in

“As a result, total foreign holdings rose to RM187.3 billion, from RM185.8 billion previously,” said the rating agency in a statement.

The Edge Markets: MoF: RM16.5b represents only construction cost of Sarawak Pan Borneo Highway

MoF: RM16.5b represents only construction cost of Sarawak Pan Borneo Highway

KUALA LUMPUR (Feb 11): The Ministry of Finance (MoF) has rebutted claims that the total cost of the Sarawak portion of the Pan Borneo Highway project was RM16.5 billion, instead of RM21.9 billion as stated by the ministry last week.

Finance Minister Lim Guan Eng had announced on Friday (Feb 7) that the government has saved RM3.1 billion or 14% of the project’s total cost, following a new funding agreement which has brought down the price tag to RM18.8 billion, from RM21.9 billion.

The Sun Daily: Sarawak Pan Borneo Highway PDP termination saves govt RM3.1b: Lim

Sarawak Pan Borneo Highway PDP termination saves govt RM3.1b: Lim

PUTRAJAYA: RM3.1 billion in costs could be saved from the termination of the Pan Borneo Highway, Sarawak project delivery partner (PDP) agreement, according to Finance Minister Lim Guan Eng.

He said the funds could then be utilised for other infrastructure development projects in the state.

Sinar Harian: Kerajaan jimat RM3.1 bilion, tamat PDP Lebuhraya Pan Borneo

Kerajaan jimat RM3.1 bilion, tamat PDP Lebuhraya Pan Borneo

PUTRAJAYA - Sebanyak RM3.1 bilion penjimatan akan diperoleh selepas kerajaan menamatkan perjanjian rakan pelaksana projek (PDP) bagi projek Lebuhraya Pan Borneo Sarawak.

Menteri Kewangan, Lim Guan Eng berkata, keputusan kerajaan untuk menamatkan perjanjian yang dilaksanakan oleh kerajaan terdahulu itu dibuat selepas mendapati ia memberi implikasi kewangan yang tinggi.