News by Chester Tay

Debt-to-GDP ratio is lower now as economy grows, money recovered from abroad

"We also find that during Najib's time, huge taxes were imposed on certain people, which are back dated for 10 years. That of course is not legal, you can't have a new way of computing tax, when those people have already paid their taxes according to the former interpretation of the law."

The government incurred some RM14.2 million over last eight months to upkeep the vessel.

Lim did not reveal the identity of the interested party.

"Tak ada (no dispute), this is because when we look at the issue on Lynas, there are two ways to look at it,…”

"We think that it is very unjust. But we will seek remedial (action), whatever that can be done through the process."

“That’s under the court’s jurisdiction; it is not for the government to determine. If any party wants the hearing to be telecast live, they have to make an application to the court. This is the court’s business. We as the government cannot interfere.”

Mohd Redzuan revealed that the Cabinet has never decided collectively on the measures to manage waste out of Lynas Advanced Materials Plant (LAMP) in Gebeng, Pahang.

Earnings per share rose to 1.03 sen, from 0.33 sen previously.

EWI’s revenue was nil for 1QFY19, because its revenue and earnings were mainly derived from its joint venture projects in the United Kingdom following completion and commencement of handover of units sold to customers, according to its filing with Bursa Malaysia.