Guan Eng mocks Najib’s post on Petronas outlook change

KUALA LUMPUR (Nov 15): Finance Minister Lim Guan Eng yesterday mocked his predecessor Datuk Seri Najib Razak for not being able to differentiate between a ratings downgrade and an outlook change when the latter shared his thoughts on Moody’s Investors Service’s recent rating action on Petroliam Nasional Bhd (Petronas).

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Is it an indirect ‘Robin Hood’ budget?

KUALA LUMPUR (Nov 5): Three years ago, when former prime minister Datuk Seri Najib Razak, who was also the finance minister, unveiled Budget 2016, many labelled it the “Robin Hood” budget — a reference to a fictional character who took from the rich to give to the poor — simply because the personal income tax rate of those in the higher income bracket was raised.

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