Guan Eng: Malaysia’s credit rating shows institutional, fiscal reforms working
Finance Minister Lim Guan Eng said policy clarity, certainty and consistency provided by a government are engendering confidence in the economy among investors and the business community. — Picture by Firdaus Latif
“These achievements do not come without hard work, as policy clarity, certainty and consistency provided by a government are engendering confidence in the economy among investors and the business community,” Lim said during the launching of the WeChat Pay service. “Furthermore our exports in January expanded by 3.1 per cent year-over-year supported by manufacturing, whereas the industrial production index in the same month grew by 3.2 per cent YoY,” he said.
“At the same time, approved manufacturing FDI from the US grew by 184.9 per cent to RM3.2 billion, from RM1.1 billion in 2017,” he said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Guan Eng says tender for Penang airport project to be called this year | Malay MailGEORGE TOWN, March 23 — The open tender for the Penang International Airport (PIA) expansion project is expected to be called at the end of this year, said Finance Minister Lim Guan Eng. He said the government had approved both the PIA expansion project and the Kulim International Airport (KXP)...
Read more »
Guan Eng: Penang govt only paid RM11.2m for study on highway projects | Malay MailGEORGE TOWN, March 25 — Finance Minister Lim Guan Eng told the High Court here today that the Penang government paid RM11.2 million to HSSI Sdn Bhd for its role as an independent inspection engineer for the state’s three major highway projects. Lim said the payment was made for...
Read more »
BN froze accounts for longer, Guan Eng says after Umno MP complains | Malay MailKUALA LUMPUR, March 20 — Finance Minister Lim Guan Eng asserted that the Barisan Nasional government had frozen accounts under investigation for longer than Umno’s has been in suspension. He was responding to Datuk Ahmad Maslan (BN-Pontian) who asked about the status of Umno’s bank account...
Read more »
Guan Eng thankful not leading ECRL talks with Beijing | Malay MailKUALA LUMPUR, March 21 — Finance Minister Lim Guan Eng said he is thankful to Tun Daim Zainuddin for taking on the role as the government’s lead negotiator on the East Coast Rail Link (ECRL) project with China. Lim said the negotiations would consume a lot of time, adding that he would not be...
Read more »
‘Be flexible or prepare for windfall tax’, Guan Eng warns banks | Malay MailKUALA LUMPUR, March 19 — “Be flexible, unless you prefer windfall tax,” says Finance Minister Lim Guan Eng to the banks today. He said there have been many complaints with regards to the difficulties in obtaining financing, even as the banks record huge profits — with some registering their...
Read more »
Guan Eng: Malaysia will return as Asian tiger in three years | Malay MailKUALA LUMPUR, March 19 — Malaysia will return to its Asian tiger status in three years, says Finance Minister Lim Guan Eng. He said the 48 per cent jump in foreign direct investments to RM80.5 billion in 2018, compared with RM54.4 billion in 2017, reflected investor...
Read more »
Guan Eng: Third Malaysia-Singapore bridge needed | Malay MailKUALA LUMPUR, March 21 — Finance Minister Lim Guan Eng today backed Prime Minister Tun Dr Mahathir Mohamad’s proposal for additional bridges between Malaysia and Singapore. He said, however, the suggestion requires agreement from their Singaporean counterpart. “We would need the agreement...
Read more »
Waspada penipuan guna nama Guan Eng | The Malaysian InsightAda individu menyamar bekerja sebagai Pengurus Perniagaan kepada Menteri Kewangan menggunakan nama “Balu Kelvin”.
Read more »
Lawyer grills Guan Eng on 'provocation' of former Penang BN chiefThe ex-Penang CM was questioned for five hours today.
Read more »
Pulau Pinang bayar RM11 juta kaji 3 projek lebuh raya, kata Guan Eng | The Malaysian InsightBekas ketua menteri itu berkata pembayaran tersebut adalah untuk kajian kebolehlaksanaan dan reka bentuk terperinci bagi tiga lebuh raya utama.
Read more »