Examples of using Billion ringgit in English and their translations into Vietnamese
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Ecclesiastic
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Computer
The takeover would cost 1.38 billion ringgit(US$429 million).
He added that there were no plans to convert this to a merit based system, and that the total value of thePSD scholarship since 1996 was 2.4 billion Ringgit.
Last week, Malaysia announced a 2 billion ringgit($476.19 million) cut to its 2017 defense budget from last year's levels.
Total cost for the project was expected to reach 81 billion ringgit($19.6 billion). .
The government has allocated 3 billion ringgit($723 million) in subsidies for 2018, abolishing the weekly price-float mechanism implemented by the previous administration.
The interest on the project alone amounted to half a billion ringgit($120 million) a year.
Khazanah has injected more than 5 billion ringgit into MAS over the last 10 years, but a series of recovery plans and leadership changes failed to revive its fortunes.
If this project is not cancelled, the interest rates that will need tobe paid by the government is almost half a billion ringgit(US$121 million).
Before we never faced debts higher than 300 billion ringgit, but now it has climbed to 1 trillion ringgit," Mahathir said.
If the project is not canceled,the government will have to bear the interest rate of about half a billion ringgit a year, which we can't afford.
The Finance Ministry identified projects worth 10 billion ringgit for review through the end of the year as the country tries to meet its fiscal deficit target of 2.8% of gross domestic product.
China is Malaysia's top source of foreign direct investment,contributing 7 per cent of the total 54.7 billion ringgit it received last year.
And state oil company Petronashas declared a dividend payout of 24 billion ringgit to the government for 2018, five billion ringgit more than originally planned.
In April, Malaysia revived the rail project after the Chinese contractorcut the construction cost by one-third to 44 billion ringgit($10.7 billion). .
With sales flagging,Malaysia's government stepped in April 2016 to make a 1.5 billion ringgit loan to Proton, which allowed it to avoid defaulting on obligations to suppliers.
The drastic reduction to 16.63 billion ringgit($4.11 billion), from 31.65 billion ringgit, is the latest sign of Prime Minister Mahathir Mohamad's determination to trim public outlays and achieve fiscal discipline.
During the first half of 2019,foreign direct investment in Malaysia roughly doubled on the year to 49.5 billion ringgit, according to government data.
Singapore's The Straits Times newspaper on Saturdayreported that Malaysian authorities seized 1 billion ringgit(US$243.4 million) from a HSBC account belonging to China Petroleum Pipeline Engineering(CPP) and transferred it to an account controlled by the finance ministry.
It is completely unbelievable that a highly paid and‘experienced' investment banker can be soirresponsibly clueless as to not know whether 9.8 billion ringgit worth of investments are even real,” Lim said.
Under the new agreement, China will finance andbuild the East Coast Rail Link for 44 billion ringgit($10.6 billion today), more than 30 percent less than the initial 2016 construction contract negotiated by Najib.
Prosecutors said the two allegedly committed the breach of trust offence with 220 million ringgit of government funds meant for Kuala Lumpur International Airport Berhad and1.3 billion ringgit meant for a subsidy and cash aid program.
Apart from the rail link, Mahathir's government last year alsocancelled two China-backed pipelines costing 9.3 billion ringgit after discovering that 90 percent of the project's costs had been paid but only 13 percent of work had been completed.
Malaysia's finance ministry said yesterday that 88 per cent of twogas pipeline projects costing 9.4 billion ringgit($2.32 billion) had been paid to the Chinese contractor despite only 13 percent of the work being completed.
Malaysia's finance ministry said in July that 88percent of the cost of the two gas pipelines worth 9.4 billion ringgit($2.32 billion) had been paid to their Chinese contractor despite only 13 percent of the work being completed.
Malaysia's finance ministry said in July that 88 percent of the cost of twogas pipeline projects costing 9.4 billion ringgit($2.32 billion) had been paid to the Chinese contractor despite only 13 percent of the work being completed.
The charges were linked to his alleged role in 1MDB deals, including a $2 billion joint venture with PetroSaudi International Ltd., a 10.6 billion ringgit bid for Tanjong Energy Holdings Sdn. and2.1 billion ringgit of funds from Tanore Finance Corp.
The charges were linked to his alleged role in 1MDB deals, including a US$2 billion joint venture with PetroSaudi International, a 10.6 billion ringgit bid for Tanjong Energy Holdings and2.1 billion ringgit of funds from Tanore Finance's account at Falcon Private Bank in Singapore.