News about lim

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.

KUALA LUMPUR (July 20): Amidst a reported dearth of suitors for Bandar Malaysia, shares in Ekovest Bhd and Iskandar Waterfront City Bhd (IWCity) continued to rise in active trade today.

KUALA LUMPUR (July 20): Aluminium Co of Malaysia Bhd's (Alcom) group managing director Datuk Lim Chee Khoon has stepped down from his position effective yesterday.

KUALA LUMPUR (July 19): Prime Minister Tun Dr Mahathir Mohamad said the planned Kuala Lumpur-Singapore High Speed Rail (HSR) will have to be deferred because it will be difficult to reduce the price of the project.

KUALA LUMPUR (Jul 19): The upcoming sales and services tax (SST) will only be imposed on 38% of the Consumer Price Index (CPI) basket of goods, as compared to 60% by the goods and services tax (GST).