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Dr M works on stimulus package despite political crisis

PUCHONG: While MPs are presenting their cases to the Yang di-Pertuan Agong on which coalition should be forming the next government, Interim Prime Minister Tun Dr Mahathir Mohamad is back to business! Appearing unfazed with the power struggle, Mahathir attended

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TH posts RM1.3 bln profit in first nine months of 2019 amid restructuring process

KUALA LUMPUR: Lembaga Tabung Haji (TH) has demonstrated the seeds of recovery by registering a profit of RM1.3 billion for the first nine months of 2019, as a result of its restructuring exercise. Urusharta Jamaah Sdn Bhd (UJ) said for

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Lim: Stimulus package to mitigate COVID-19 impact, assist industries

CYBERJAYA: The upcoming stimulus package, to be announced next week, would serve to mitigate the economic impact of COVID-19 and help industries rebound when the outbreak is contained. Finance Minister Lim Guan Eng said Malaysia is among the earliest to

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Lim: Dr M will announce economic stimulus package on Feb 27

KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad will announce an economic stimulus package on Feb 27, at 4:30 pm, to cushion the adverse external economic impacts of the COVID-19 outbreak on Malaysia while looking out for the welfare of

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No risk of recession for Malaysia, says Lim

Malaysia is not facing any risk of recession despite the government’s plan to expedite the introduction of the planned economic stimulus package, said Finance Minister Lim Guan Eng. The package, to be unveiled soon following the outbreak of the 2019

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Toll rates for private vehicles at second Penang Bridge reduced

BATU KAWAN: The toll rate for private cars at the Sultan Abdul Halim Mu’adzam Shah Bridge (JSAHMS) has been reduced from RM8.50 to RM7.00, bringing it in line with the rate charged at Penang Bridge. The price reduction, which takes

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Guan Eng: Govt has sufficient funds to pay civil servants’ salaries

PUTRAJAYA: Finance Minister Lim Guan Eng said the government has sufficient funds to pay the civil servants’ salaries and does not need to borrow in order to do so. He said this was proven by the reaffirmation of Malaysia’s sovereign

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1MDB and MOFI succeed in appeal against IPIC litigation in England

KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) and Minister of Finance Incorporated (MOFI) have succeeded in their appeal at the Court of Appeal in London to proceed with the hearing to set aside the Consent Award that sought to frustrate any

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Najib ‘lauds’ Guan Eng for shooting up national debt to over RM800 bln

PUCHONG: Former prime minister Datuk Seri Najib Tun Razak trolled Finance Minister Lim Guan Eng for increasing the government debt after taking up another loan worth RM2.7 billion loan today. In a Facebook post today, Najib said the new loan

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Lim: Stop all wars, including trade wars

GEORGE TOWN: The ongoing trade war between the US and China must end and the world should focus on combating corruption, extremism and racism, Finance Minister Lim Guan Eng said today. He said wars that had happened around the world

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