Lim Guan Eng


Malaysia ex-finance minister Lim Guan Eng arrested on corruption charges regarding Penang undersea tunnel project

Malaysia’s former finance minister Lim Guan Eng was arrested on Thursday in connection with corruption allegations over a $2.05 billion undersea tunnel project


Malaysia has room to pump-prime, revise 3% fiscal target for 2020

SINGAPORE (Aug 12): Finance Minister Lim Guan Eng, who is slated to table Budget 2020 on Oct 11, has said that meeting the country’s fiscal consolidation targets will be “challenging” on the back of the US-China trade war, but added that the governm


Malaysia's stock market is Asia's only loser of 2019

KUALA LUMPUR/SINGAPORE (Mar 12): The euphoria following Malaysia’s historic election last May has faded, leaving its stock market as Asia’s only one in the red this year.


Malaysia to probe Najib government's $2.7-bil payments to Chinese pipeline firm

KUALA LUMPUR (June 5): Malaysia’s finance minister on Tuesday announced plans to report to the anti-graft agency upfront payments of billions of ringgit the previous administration made to a Chinese firm for two pipeline projects that have barely begun.

1MDB Watch

Meet Malaysia's finance minister-designate

SINGAPORE (May 21): Steven Sim, a member of Malaysia’s Democratic Action Party (DAP), recalls a meeting he organised some time ago in the Malaysian state of Penang for Lim Guan Eng and a group of Singaporean businessmen. “By the end of the chat, the S


Markets optimistic about new government

(May 14): While an unprecedented change in government after 61 years under the same alliance has left many feeling jittery, any initial sell-off on the local bourse as the market opens today is expected to be cushioned by optimism over the prospects of th


Mahathir names Lim finance minister, returns Zeti to council

(May 13): Malaysian Prime Minister Mahathir Mohamad named Lim Guan Eng as finance minister and set up an advisory board that includes a billionaire and a former central bank governor to carry out his economic plan.