News about Lim Guan Eng

KUALA LUMPUR (July 30): Despite a freeze imposed by the Penang state government on transactions involving 1Malaysia Development Bhd’s (1MDB) Air Itam land in Penang, all 234 acres (94.

KUALA LUMPUR (July 30): MRCB George Kent Sdn Bhd (MRCBGK), the project delivery partner of the 37km light rail transit Line 3 (LRT3) project, said it has been cooperating closely with the finance ministry in reducing the cost of the project, welcoming media reports that the authorities have begun investigations into the LRT3 to determine if there were elements of corruption and financial mismanagement.

KUALA LUMPUR (July 27): Prime Minister Tun Dr Mahathir Mohamad has "welcomed" the offers of resignation from the entire board of Khazanah Nasional Bhd.

KUALA LUMPUR (July 26): The final decision on the leadership direction of the government's strategic investment fund Khazanah Nasional Bhd's Board of Directors (Board) will be from prime minister Tun Dr Mahathir Mohamad, said Finance Minister Lim Guan Eng (pictured).

PETALING JAYA (July 24): Due to additional costs incurred by changes in design and delivery schedule of the project, contractors with work packages in the Light Rail Transit 3 (LRT3) project have said that they would seek compensation.

KUALA LUMPUR (July 23): Putrajaya may not have any leeway to cut the corporate tax rate in the short to medium term, but economists say there are other approaches it can consider to ease the cost of doing business.

KUALA LUMPUR (July 21): The Republic of Singapore has asked Putrajaya to provide a written response to clarify Malaysia’s position on the Kuala Lumpur-Singapore High Speed Rail (HSR) project by July 31, Bernama reported The Straits Times saying yesterday.

KUALA LUMPUR (July 21): Prime Minister Tun Dr Mahathir Mohamad (pictured) is of the opinion that big-ticket items that can “generate wealth” for the country should be exempted from the impending sales and services tax (SST).

PETALING JAYA (July 20): The Pakatan Harapan administration is focusing on fostering a business-friendly economy, one that cares for the welfare of the people, said Finance Minister Lim Guan Eng today.

KUALA LUMPUR (July 20): Former Prime Minister Datuk Seri Najib Razak (pictured) is well aware that the actual cost to build the 37km Light Rail Transit Line 3 (LRT3) is RM32 billion as he had been present at relevant meetings to discuss the project, Finance Minister Lim Guan Eng reiterated today.