Govt can claim back RM10b advance paid if ECRL spiked
KUALA LUMPUR (Oct 23): The Malaysian government could claim back RM10.
New Zealand ban on foreign buyers kicks in
KUALA LUMPUR (Oct 22): The bulk of foreigners will not be allowed to buy homes (unless they are newly built apartments) in the rugby mad country starting from today.
Putrajaya pays 1MDB Langat bond interest of RM208.8m
KUALA LUMPUR (Oct 19): The government has made a payment of US$50.
Cabinet to deliberate on MRT2 underground deal
KUALA LUMPUR (Oct 18): Finance Minister Lim Guan Eng said yesterday he will bring up the matter of the termination of MMC-Gamuda KVMRT (T) Sdn Bhd’s contract to build the underground portion of the mass rapid transit Line 2 (MRT2) for further deliberations at the next cabinet meeting.
An Open Letter to MMC-Gamuda
Dear Directors of MMC-Gamuda, Let me applaud you for putting up a great show since the Minister of Finance, Lim Guan Eng announced the Cabinet decision to (i) accept the offer from MMC-Gamuda to reduce the cost of the MRT2 Above Ground works by RM5.
MMC-Gamuda can still bid for MRT2 underground works
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
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.
Tough for govt to influence land prices, says Guan Eng
KUALA LUMPUR (Oct 1): In response to former prime minister Datuk Seri Najib Razak's comment on housing prices, Finance Minister Lim Guan Eng said it is tough to influence the price of land, which is why the government had opted to reduce the cost of construction instead.
Guan Eng says may end up as the most unpopular finance minister — report
KUALA LUMPUR (Sept 27): Finance Minister Lim Guan Eng (pictured) said he may end up as the most unpopular finance minister in the nation's history.
Why Lim Guan Eng’s case was dropped
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.
