PUTRAJAYA (May 24): The Ministry of Finance (MoF) has provided a breakdown of the federal government's RM1.087 trillion financial obligations as highlighted by the Prime Minister Tun Dr Mahathir Mohamad previously.
In a statement today, Finance Minister Lim Guan Eng said the total amount of government liabilities included Federal government debt, Government Guarantees, and lease payments for Public Private Partnership (PPP) projects such as construction of schools, hostels, roads, police stations, hospitals, etc.
China is an enticing growth market, particularly for tech companies. But according to 9Gag CEO Ray Chan, it’s also the place where Western tech companies are failing. He likens the Chinese tech market to awkward teenage fumbles with the opposite sex. “Everyone talks about it, nobody knows how to do it, everyone thinks everyone else is doing it, so everyone clams they’re doing it,” he quipped on stage at the 2018 TNW Conference in Amsterdam. The thing is, he’s not wrong. Companies like Uber and Whatsapp, both giants in their own right, haven’t managed to unseat domestic-made rivals like Didi… This story continues at The Next Web