Malaysia finance minister Lim Guan Eng


Great Eastern confirms participation in Malaysia's health protection plan for poor

SINGAPORE (Nov 12): Great Eastern Holdings (GEHL) on Friday confirmed it will make a contribution to the B40 Health Protection Fund.


What new taxes will Malaysia unveil in next year's budget? Investors brace for the worst

(Oct 17): Malaysia is keeping investors guessing as to what new taxes will be unveiled in next year’s budget. For now, the market is bracing for the worst: capital gains and consumption taxes.

1MDB Watch

Malaysia would be lucky if able to recoup half of 1MDB funds: Lim Guan Eng

(Sept 13): Malaysia is paring expectations for how much funds it can recoup from 1MDB, with Finance Minister Lim Guan Eng saying the country would be “very lucky” to get back just half.


Lim Guan Eng acquitted of corruption charges

SINGAPORE (Sept 3): Malaysia’s Finance Minister Lim Guan Eng was cleared of corruption charges earlier today.


Final cost of ECRL is $27 bil; Malaysia to consider project only if price reduced

SINGAPORE (July 3): Malaysia has confirmed that the final cost of the East Coast Rail Link (ECRL) is RM81 billion ($27.3 billion), without including the operating deficit, which currently cannot be determined for now, according to Malaysia’s Minister of

In print this week

Good neighbours, good economics

SINGAPORE (June 25): Malaysia’s new finance minister Lim Guan Eng is appealing to the Singapore government to be more understanding of his country’s tight financial position. Malaysia says it cannot afford the RM110 billion ($37.3 billion) bill for an

1MDB Watch

KPMG tells 1MDB to not rely on audit reports over 3 years after access to withheld documents

(June 26): 1MDB’s auditor KPMG told the company not to rely on its reports over three years as they don’t show “true and fair” assessment of the troubled state fund’s finances.

1MDB Watch

Malaysia to inject RM2.8 bil in rescue funding to complete TRX

SINGAPORE (June 21): The Malaysian government has agreed to inject RM2.8 billion ($950 million) of new capital into the Tun Razak Exchange (TRX) development in Kuala Lumpur to avoid bigger losses.

1MDB Watch

Guan Eng slams Arul Kanda for being 'dishonest and untrustworthy'

KUALA LUMPUR (May 24): Finance Minister Lim Guan Eng has slammed scandal-ridden 1Malaysia Development Bhd’s (1MDB) president and chief executive officer Arul Kanda Kandasamy for being “utterly dishonest and untrustworthy”, and instructed the ministr