Guan Eng: Tabung Harapan funds to repay a portion of 1MDB's RM51b debt
KUALA LUMPUR (May 17): Tabung Harapan Malaysia’s (THM) entire funds amounting to RM203.
Guan Eng leads 10-member office to oversee govt’s debt, liabilities
KUALA LUMPUR (May 16): A Debt Management Office (DMO) has been set up to review and manage the government’s debt and liabilities, which will be chaired by Finance Minister Lim Guan Eng.
RM17.1b of GST and income tax refunded with RM16b from Petronas, says MoF
KUALA LUMPUR (May 10): The Malaysian government has repaid some RM17.
Money recovered from seized assets to be used to pay 1MDB's RM51b debt — MoF
KUALA LUMPUR (May 8): Finance Minister Lim Guan Eng says the repatriation of 1Malaysia Development Bhd (1MDB)-related assets from the US and Singapore will be used to service 1MDB's debts currently amounting to RM51 billion.
Pay employees decently, not just reward CEOs — minister
KUALA LUMPUR (May 7): Finance Minister Lim Guan Eng said corporate Malaysia should play its part in ensuring that employees in the country are paid decent wages and duly rewarded for their contributions, especially if the companies perform well.
Valuation needed for new houses — experts
KUALA LUMPUR (May 2): House buyers stand to benefit if primary market residential properties too, and not just secondary properties, are required to have a valuation done, say experts.
Private and government valuation gap for developments needs to be narrowed
KAJANG (April 30): The gap between the private and government sector valuation for developments needs to be narrowed, said Finance Minister Lim Guan Eng.
MoF to take action against banks who fail to give out housing loans to those eligible
KUALA LUMPUR (April 26): Action will be taken against banks who “deliberately” do not give out housing loans to those who are eligible or who fulfil the criteria.
Guan Eng assures Putrajaya will honour all 1MDB debt papers
PUTRAJAYA (April 23): Finance Minister Lim Guan Eng has given his assurance today that the government will honour all 1Malaysia Development Bhd (1MDB)-related debt papers, especially those in the hands of statutory bodies like Employees Provident Fund (EPF) and Retirement Fund Inc (KWAP).
Guan Eng says maintaining superyacht Equanimity is 'very taxing'
KUALA LUMPUR (April 3): Finance Minister Lim Guan Eng said today the amount of money and effort to maintain and service superyacht Equanimity is "very taxing" because the government incurred some RM14.
