International Trade and Industry Minister Darell Leiking says sum of RM27.6 million a year to Sabah was from agreements made in the 1970s.
IDEAS is also disappointed that Putrajaya did not propose more radical reforms such as reducing its hold on assets and equities.
Finance minister says government is undertaking reforms to strengthen fiscal position and that proposed new tax measures in Budget 2019 will be part of this move.
Indonesia is seeking to gain more control over its mineral wealth, but the Arizona-based company has said it wants some guarantee on fiscal terms before signing off on the complex sale.
Takahashi said the risk to Japan’s economy this time is smaller, noting that the hike is only 2 percentage points and certain items will be excluded.
The ratings agency says it will also examine any new policies holistically to gauge their impact on the credit profile.
Opinion piece in Singapore's Straits Times says it is a bad idea to drop GST and the new government does not have an alternative revenue measure to match it.
Malaysia’s equities and ringgit value will plunge if our credit ratings deteriorate due to the absence of viable concrete replacement plans for populist policies.
Romania’s government will maintain its policy of cutting taxes and raising the minimum wage and state pensions until 2020 in a bid to improve living standards.
Capital outflow restrictions will have no impact on Chinese investments here, says Huang Huikang.