News about Finance Minister Lim Guan Eng

MMC-Gamuda can still bid for MRT2 underground works

Oct 10

KUALA LUMPUR (Oct 10): MMC-Gamuda KVMRT (T) Sdn Bhd can participate in the international tender for the unfinished underground works of mass rapid transit Line 2 (MRT2) project, said Finance Minister Lim Guan Eng.

No cut in number of MRT2 underground stations, says Guan Eng

Oct 08

KUALA LUMPUR (Oct 8): There will be no change to the number of underground stations for the Mass Rapid Transit 2 (MRT2) project, Finance Minister Lim Guan Eng said, dismissing concerns after the federal government decided to retender all the unfinished underground work of the project via an international open tender process.

Why Lim Guan Eng’s case was dropped

Sep 06

KUALA LUMPUR (September 6): In the wake of the dropped charges against the former Penang chief minister Lim Guan Eng and businesswoman Phang Li Koon, questions as to the events that lead to the decision have arisen.

Guan Eng: BN govt also did not return RM16.05b in excess taxes paid

Aug 23

KUALA LUMPUR (August 23): The new Pakatan Harapan government has revealed that excess income tax and real property gains tax paid by taxpayers totalling RM16.

‘Equanimity must be sold to get something back for Malaysians’

Aug 07

KUALA LUMPUR (August 7): The federal government will eventually dispose of the Equanimity super yacht, which has been linked to funds misappropriated from 1Malaysia Development Bhd (1MDB), according to Finance Minister Lim Guan Eng.

MRT3 to be revisited when country’s finances improve

Aug 01

KUALA LUMPUR (Aug 1): The mass rapid transit Line 3 (MRT3) project may still see the light of day as the government will be revisiting it if the country’s financial situation improves, according to Finance Minister Lim Guan Eng.

UPDATE: 1MDB land surreptitiously sold to Cayman Islands firm

Aug 01

KUALA LUMPUR (July 30): Despite a freeze imposed by the Penang state government on transactions involving 1Malaysia Development Bhd’s (1MDB) Air Itam land in Penang, all 234 acres (94.

LRT3 cost may climb due to cuts

Jul 24

PETALING JAYA (July 24): Due to additional costs incurred by changes in design and delivery schedule of the project, contractors with work packages in the Light Rail Transit 3 (LRT3) project have said that they would seek compensation.

PM: Big-ticket items that 'generate wealth' should be SST-exempted

Jul 21

KUALA LUMPUR (July 21): Prime Minister Tun Dr Mahathir Mohamad (pictured) is of the opinion that big-ticket items that can “generate wealth” for the country should be exempted from the impending sales and services tax (SST).