KUALA LUMPUR (July 15): Finance Minister Lim Guan Eng said the reported seizure of more than RM1 billion of funds held by China Petroleum Pipeline Engineering Ltd (CPP) was not done under his ministry's instruction.
KUALA LUMPUR (July 15): Only RM1.
KUALA LUMPUR (July 11): The Ministry of Finance (MoF) has made a preliminary decision to oppose the takeover of highway operator PLUS Malaysia Bhd by Maju Holdings Sdn Bhd after considering the views from PLUS' major shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF).
KUALA LUMPUR (July 11): The proceeds from the sale of 1Malaysia Development Bhd (1MDB)-linked super yacht, Equanimity, are currently stored in a bank account managed by a local law firm for three months.
KUALA LUMPUR (June 24): Sarawak's Ministry of Finance and Economic Planning yesterday lambasted Federal Finance Minister Lim Guan Eng for making what it described as a "totally misleading" claim that the state would go bust in three years if it continues to be ruled by Gabungan Parti Sarawak (GPS).
KUALA LUMPUR (June 23): Finance Minister Lim Guan Eng today calls for investigations into possible monopolistic practices among cement players in Sarawak, saying that prices of the building material in the state are markedly higher than in Peninsular Malaysia.
KUALA LUMPUR (June 10): The federal and state governments are not aware of any proposals from the private sector to build a new airport in Penang, said Finance Minister Lim Guan Eng in a press statement released today.
KUALA LUMPUR (June 3): Notwithstanding a rise in direct government debt, Malaysia’s overall debt and liabilities in 2018 dropped 3.
KUALA LUMPUR (May 30): The inclusion of Malaysia in the US Department of Treasury’s watchlist actually highlights the strength of the nation’s economy, as the list includes other major trading economies as well, said Finance Minister Lim Guan Eng “While the US Treasury has included Malaysia into its expanded Monitoring List of Potential Currency Manipulator, the report does not name Malaysia as a currency manipulator.
KUALA LUMPUR (May 17): Finance Minister Lim Guan Eng sees Malaysia's first quarter 2019 (1Q19) gross domestic product (GDP) on-year growth of 4.
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