Malaysia must focus on growth not austerity, says Airasia boss

KUALA LUMPUR: Malaysia’s economy is currently in a good position so the government should focus on growth and not austerity, according to AirAsia Group CEO Tan Sri Tony Fernandes. He said the government must focus on increasing its efficiency and productivity in order to grow jobs and be a driving force in Asean. “Focus on…

RM21b GST revenue loss to be plugged

PUTRAJAYA: The federal government revenue is expected to fall by RM21 billion with the abolishment of the items and services tax (GST), stated Financing Minister Lim Guan Eng.It also does not assist that despite the increase in global oil rates to an average of US$ 70 (RM278.60) per barrel, the expected boost in oil-related profits…

134 billion reasons for Mahathir not to rethink Chinese investment

For years, Chinese and Malaysian officials have cheered their ambitious economic collaborations. But for now, at least, it seems the cheering is over. Mahathir Mohamad, often a vocal critic of Chinese investment deals while outside the circle of power, now sits in the centre of it as the new prime minister. Now all eyes are…

Lim\’s rejection to dispute on undersea tunnel concern, a tactic: Wee

GEORGE TOWN: MCA deputy president Datuk Seri Dr Wee Ka Siong has actually told Penang Chief Minister Lim Guan Eng to stop his mind video games about the debates connected to the RM6.3 billion cross-channel undersea tunnel. \”Lim ought to simply respond to the posers which have actually emerged from the project. Rather, he has…

Lim\’s rejection to discuss on undersea tunnel concern, a tactic: Wee

GEORGE TOWN: MCA deputy president Datuk Seri Dr Wee Ka Siong has told Penang Chief Minister Lim Guan Eng to stop his mind video games about the debates related to the RM6.3 billion cross-channel undersea tunnel. \”Lim needs to just answer the posers which have emerged from the project. Rather, he has actually sidestepped the…

BN believes redelineation favours them: Lim

GEORGE TOWN: The freshly gazetted redelineation of voters is supported by Barisan Nasional (BN) due to the fact that the judgment coalition believes they have the assistance of Malay voters, inning accordance with DAP secretary-general Lim Guan Eng.The Penang Chief Minister said that BN thinks a \”Malay Tsunami\” versus them would not occur, as they…