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Lim: We borrowed more money to pay off debts by previous govt

KUALA LUMPUR: The additional government borrowings of RM58 billion in the first six months of this year are used to pay, among others, ongoing commitments made by the previous administration including repayment of debts belonging to 1Malaysia Development Bhd (1MDB).

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Dr M denies proposed takeover of highways put on hold

PUTRAJAYA: Prime Minister Tun Dr Mahathir Mohamad today denied that the proposed RM6.2 billion takeover of four highway concessionaires has been put on hold pending a review. He also refuted a news report saying that the plan was initiated without

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Lim to Sarawak: Repay your debts and we will fund school repairs

PUTRAJAYA: The federal government will expedite the channelling of RM350 million for the first phase of the dilapidated school repair project in Sarawak as soon as the state government repays its debts of the same amount to the federal government.

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Weekly fuel prices: RON97 up 10 sen, RON95 and diesel unchanged

PUCHONG: The price of RON97 will increase by 10 sen per litre, while RON95 and diesel prices will remain the same for the week, starting tomorrow. The Finance Ministry said the price of RON97 would go up from RM2.57 per

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Gov’t to take over four highways for RM6.2 bln

KUALA LUMPUR: The Ministry of Finance (MoF) has formally issued offer letters to four toll concessionaires with an enterprise value of RM6.2 billion to buy over four highways. The four tolled highway concessions in which Gamuda Bhd has a significant

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RM10 mil allocation for Duchess of Kent Hospital

PUCHONG: The federal government has approved an allocation of RM10.8 million for the Duchess of Kent Hospital (HDOK) for the purchase of new medical equipment and for the construction of a new building tower. Finance Minister Lim Guan Eng said

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‘NFC still owes the gov’t over RM250mil’

PUCHONG: The National Feedlot Corporation (NFC) still owes the government over RM250 million, said Finance Minister Lim Guan Eng. “Based on the complete statement of federal government loans as of April 30, 2019 from the Accountant-General’s Department, the outstanding loan

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Lim: Refer to Finance Ministry if home loan application rejected

KUALA LUMPUR: Applicants for home loans who face difficulty in getting loan approvals should refer to the finance ministry, says its minister Lim Guan Eng. “If you have difficulty getting loans, refer to us. We will check with Bank Negara

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