Malaysian Prime Minister Mahathir Mohamad. Photo: Xinhua

Sorry, Singapore: Malaysia dumps assets to cope with US$245 billion debt

  • Malaysia has, in the past year, sold off ‘non-strategic’ assets, with indications that larger projects may also be up for grabs
  • Critics fear the moves will privilege an elite group and worsen ties with neighbouring Singapore
Topic |   Malaysia

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Malaysian Prime Minister Mahathir Mohamad. Photo: Xinhua
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