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Malaysia finance minister Lim Guan Eng
Malaysia
Great Eastern confirms participation in Malaysia's health protection plan for poor
SINGAPORE (Nov 12): Great Eastern Holdings (GEHL) on Friday confirmed it will make a contribution to the B40 Health Protection Fund.
November 12, 2018
Malaysia
What new taxes will Malaysia unveil in next year's budget? Investors brace for the worst
(Oct 17): Malaysia is keeping investors guessing as to what new taxes will be unveiled in next year’s budget. For now, the market is bracing for the worst: capital gains and consumption taxes.
October 17, 2018
1MDB Watch
Malaysia would be lucky if able to recoup half of 1MDB funds: Lim Guan Eng
(Sept 13): Malaysia is paring expectations for how much funds it can recoup from 1MDB, with Finance Minister Lim Guan Eng saying the country would be “very lucky” to get back just half.
September 13, 2018
Malaysia
Lim Guan Eng acquitted of corruption charges
SINGAPORE (Sept 3): Malaysia’s Finance Minister Lim Guan Eng was cleared of corruption charges earlier today.
September 03, 2018
Malaysia
Final cost of ECRL is $27 bil; Malaysia to consider project only if price reduced
SINGAPORE (July 3): Malaysia has confirmed that the final cost of the East Coast Rail Link (ECRL) is RM81 billion ($27.3 billion), without including the operating deficit, which currently cannot be determined for now, according to Malaysia’s Minister of
July 03, 2018
In print this week
Good neighbours, good economics
SINGAPORE (June 25): Malaysia’s new finance minister Lim Guan Eng is appealing to the Singapore government to be more understanding of his country’s tight financial position. Malaysia says it cannot afford the RM110 billion ($37.3 billion) bill for an
June 27, 2018
1MDB Watch
KPMG tells 1MDB to not rely on audit reports over 3 years after access to withheld documents
(June 26): 1MDB’s auditor KPMG told the company not to rely on its reports over three years as they don’t show “true and fair” assessment of the troubled state fund’s finances.
June 26, 2018
1MDB Watch
Malaysia to inject RM2.8 bil in rescue funding to complete TRX
SINGAPORE (June 21): The Malaysian government has agreed to inject RM2.8 billion ($950 million) of new capital into the Tun Razak Exchange (TRX) development in Kuala Lumpur to avoid bigger losses.
June 21, 2018
1MDB Watch
Guan Eng slams Arul Kanda for being 'dishonest and untrustworthy'
KUALA LUMPUR (May 24): Finance Minister Lim Guan Eng has slammed scandal-ridden 1Malaysia Development Bhd’s (1MDB) president and chief executive officer Arul Kanda Kandasamy for being “utterly dishonest and untrustworthy”, and instructed the ministr
May 24, 2018