SUBSCRIBERS
A gloomy outlook across the Causeway
Internal and external factors will conspire to create a fiscally tough year ahead for Putrajaya
Add BT as a preferred sourcePublished Fri, Jan 2, 2015 · 09:50 PM
Kuala Lumpur
BY early December, many signs were already pointing to a bleak 2015 for the Malaysian economy. If anything, the major floods in its east coast around Christmas which triggered the evacuation of nearly a quarter million people only exacerbated matters.
About RM550 million (S$207.4 million) has been set aside for flood relief, but the true cost of the worst floods in decades will be known only in the coming months.
Copyright SPH Media. All rights reserved.
