News about Finance Ministry

KUALA LUMPUR (Oct 18): The government has made a payment of US$50.

KUALA LUMPUR (Oct 18): Selldown on the Malaysian equity market last week was not due to the termination of Mass Rapid Transit Line 2 (MRT2) underground work contract with MMC Gamuda KVMRT (T) Sdn Bhd, Finance Minister Lim Guan Eng opined.

KUALA LUMPUR (Oct 15): MP for Damansara and political secretary to Minister of Finance, Tony Pua, has chided the Singapore Straits Times (ST) for allegedly getting its facts incorrect in its reporting of the 1Malaysia Development Bhd (1MDB) scandal.

KAJANG: The slow property market has led to the increase in residential overhang numbers which as of 1H2018 totals 29,227 units worth RM17.

KUALA LUMPUR (Oct 12): Shares in Gamuda Bhd continued climbing in active trade this morning after rising 11.

KUALA LUMPUR: The divide is around RM2 billion.

KUALA LUMPUR (Oct 10): Damansara MP Tony Pua said today the Malaysian Government is not terminating the Mass Rapid Transit Line 2 (MRT2) underground work project because the government plans to award the project to a contractor which can undertake the work at a lower cost.

KUALA LUMPUR (Oct 8): The Ministry of Finance (MoF) is "definitely not on an austerity mode", Finance Minister Lim Guan Eng said, as the government prepares for the upcoming Budget 2019, which will be tabled on Nov 2.

KUALA LUMPUR (Sept 25): Just a day after announcing that employers would only have to pay 20% of the RM10,000 levy for each foreign worker, Finance Minister Lim Guan Eng today did an about-turn and said employers will have to continue to pay the levy in full.

KUALA LUMPUR (Sept 24): Reiterating Prime Minister Tun Dr Mahathir Mohamad's stance, Finance Minister Lim Guan Eng emphasised that while Malaysia welcomed all foreign property investors, it was opposed to the construction of townships exclusively for foreigners.