In 1MDB’s RM1b civil suit against Riza Aziz, court told funds siphoned out were used for gambling and producing movies
The ministry stated that the policy aims to increase the gross domestic expenditure on R&D to 2.5 per cent of gross domestic product by 2025 and 3.5 per cent by 2030. The ministry was responding to Datuk Seri Hasni Mohammad who asked whether the R&D funding rate impacts the country’s technological development and innovation capacity, referencing Malaysia’s position compared to other countries like South Korea in terms of R&D allocations.
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