News about Lim Guan Eng

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.

KUALA LUMPUR (Sept 24): Finance Minister Lim Guan Eng has urged developers to lower prices of homes as construction materials and services are exempted from the Sales and Service Tax (SST), or the government will review the waiver.

KUALA LUMPUR (Sept 24): To ease the burden of developers and bring down home prices, skilled foreign labour applying to extend their employment tenure need only pay 80% of the annual RM10,000 levy on foreign workers, said Finance Minister Lim Guan Eng today.

KUALA LUMPUR (Sept 19): Malaysia needs an economic road-map to chart a path from global kleptocracy to sustainable growth, said Finance Minister Lim Guan Eng.

KUALA LUMPUR (Sept 18): The need for more low-cost carrier terminals (LCCTs) (pictured) in the country, which has been the subject of much debate for several years, heated up after former Penang chief minister Lim Guan Eng was reported in the press last month as saying that the federal government was in talks with AirAsia Group Bhd and Malaysia Airports Holdings Bhd (MAHB) to build an LCCT in Penang.

KUALA LUMPUR (Sept 12): Seventy-five per cent of shops and restaurants are not subject to the new tax system that replaced the goods and services tax (GST), following the increase of annual turnover threshold for the sales and services tax (SST) to RM1.

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.

KUALA LUMPUR (Sept 4): Prime Minister Tun Dr Mahathir Mohamad, among others, is also shocked over the acquittal of Finance Minister Lim Guan Eng of corruption charges involving the purchase of a bungalow at below market value.

KUALA LUMPUR (Aug 28): Unless one has been living under a rock, most Malaysians would have heard or read about the numerous revelations of mega financial scandals and alleged wrong doings of the ousted Barisan Nasional (BN) administration.