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Kelantan MB: We received compassionate payment, not royalty

KOTA BHARU: The Kelantan state government received payment of “wang ehsan” (compassionate fund) from the federal government on Sept 27, menteri besar Datuk Ahmad Yakob told the state assembly today. He said it was not royalty payment as mentioned by

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Lim: Our tax on the rich the lowest in the region

KUALA LUMPUR: Finance Minister Lim Guan Eng said today that even with the two-percentage point increase in income tax rate for those with taxable income in excess of RM2 million, the rate remains among the lowest in this region. He

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Budget 2020: Get your live feeds here…

At 4pm today, Finance Minister Lim Guan Eng is scheduled to deliver Budget 2020 speech at the Dewan Rakyat. Follow us here for snippets of the budget speech, exclusively from The Leaders Online: Overview of Budget 2020 Budget 2020 is

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Land worth more than RM4b sold by former gov’t

The Finance Ministry has refuted allegations that the Pakatan Harapan government has sold land owned by it since assuming power on May 8, 2018. Its minister, Lim Guan Eng said at the same time, land worth more than RM4 billion

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Lim: Govt mulls two-tier pricing system for private hospitals

KUALA LUMPUR: The government is looking at the possibility of having a two-tier pricing system for private hospitals, said Finance Minister Lim Guan Eng. “We want to see a cheaper cost for our patients, maybe even suggesting a two-tier pricing

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Lim echoes Dr M: Need public support to revive GST

PUTRAJAYA: Echoing his boss’ words, Finance Minister Lim Guan Eng said the government would only bring back Goods and Services Tax (GST) if there is incontrovertible evidence that the public wants it back. Speaking to reporters today, Lim said that

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Daim to negotiate with China to retrieve RM8.3bln for pipeline projects

KUALA LUMPUR: The former Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin is leading the negotiations with China to retrieve the RM8.3 billion that was already paid to contractors of the Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP)

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Lim to banks: Good job in removing over the counter charges

PUTRAJAYA: The Finance Ministry has welcomed the termination of transaction charges, imposed by 26 commercial banks on cash and cheque transactions for credit cards and financing repayments over the counter of up to RM2 and 50 sen at cash deposit

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Govt proposes additional budget for 2020 Visit Malaysia Year Campaign

KUALA LUMPUR: The federal government is proposing an additional allocation for the 2020 Visit Malaysia Year Campaign, said Finance Minister Lim Guan Eng. Hence, vendors and businesses in the tourism sector across the country, especially in Sabah, are encouraged to

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Lim: Sabah, Sarawak oil royalty promises stymied by legacy issues

PETALING JAYA: Legacy issues from the previous government are preventing the implementation of promises under the Pakatan Harapan manifesto, especially the proposed increased oil royalty for Sabah and Sarawak, said Finance Minister Lim Guan Eng. “The previous government caused an

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