In-depth reporting on Malaysia and the region.
Malaysia's Finance Minister II has reaffirmed the government's unwavering commitment to servicing all its debt obligations, including guarantees for sukuk issued by a special purpose vehicle managing Tabung Haji assets.
Malaysia's retirement fund KWAP has suffered substantial losses from its investment in Indonesian start-up eFishery through financial fraud. The Finance Ministry faces mounting pressure to clarify conflicting loss figures and explain how safeguards failed.
Malaysia's Finance Ministry has dismissed allegations of misuse regarding the Asset Recovery Trust Account, stating all fund deployments follow approved Trust Directive protocols to settle 1MDB and SRC International obligations.
Malaysia's Finance Ministry has assured Parliament that the federal government's statutory debt will remain below the 65% GDP ceiling in 2026, even as the nation navigates regional geopolitical tensions and economic uncertainties.