Tag: Lim Guan eng

RM45b stimulus package to help people needed, says Guan Eng

KUALA LUMPUR, Dec. 12 -- Former finance minister Lim Guan Eng said a RM45 billion economic stimulus package is needed for Budget 2021 following the rise in unemployment and drop in manufacturing output. Lim said the additional RM45 billion was needed to create new sources...

Putrajaya should spend another RM45b in 2021 for economic growth, says Lim

KUALA LUMPUR, Dec. 9 -- The federal government should have spent and borrowed more to save jobs, businesses and livelihoods next year, said DAP secretary-general Lim Guan Eng. The Bagan MP, who was also the finance minister in the Pakatan Harapan government, said the country's...

LGE: Expect more credit rating downgrades if PN govt continues to bury its head in the sand

KUALA LUMPUR, Dec. 7 -- DAP's Lim Guan Eng has warned the government to expect more sovereign credit rating downgrades for Malaysia in the future if it does not accept that the country is in the midst of an economic and political crisis. The recent...

After Budget vote debacle, sources say Anwar asked for a week to prove majority support and will quit as Pakatan’s chief if he cannot

KUALA LUMPUR, Nov. 28 -- Opposition leader Datuk Seri Anwar Ibrahim is said to have pleaded with his Pakatan Harapan (PH) allies to give him "one more week" to prove he commands the majority in Dewan Rakyat, after failing to challenge Budget 2021 this...

DAP sources: MPs toeing line set by Anwar but some upset with decision on budget

KUALA LUMPUR, Nov. 26 -- Sources from DAP have explained that all its MPs received instruction from Opposition leader Datuk Seri Anwar Ibrahim against bloc voting for the Budget 2021 that was subsequently approved in the first stage earlier. According to them, the instruction was...

Analysts: Budget 2021 with added bonus of putting Perikatan in good light

KUALA LUMPUR, Nov. 7 -- While Budget 2021 is a necessary rescue package that will soften the impact Covid-19 has had on the country's economy, it will also give Perikatan Nasional (PN) a political boost among voters, analysts have suggested. The Budget, which was tabled...

Guan Eng: No Unity Budget if Perikatan rejects Pakatan’s fiscal measures to save jobs, economy

KUALA LUMPUR, Nov. 2 -- There will not be a Unity Budget if the Perikatan Nasional (PN) administration rejects the fiscal measures suggested by Pakatan Harapan (PH) to save jobs and the economy, cautioned DAP secretary-general Lim Guan Eng. In a statement today, Lim listed...

Guan Eng calls for all parties to push Perikatan for automatic moratorium extension

KUALA LUMPUR, Oct. 28 -- All political parties in Malaysia should collaborate and press the Perikatan Nasional (PN) government under Prime Minister Tan Sri Muhyiddin Yassin to extend the bank loan moratorium by another six months, said DAP secretary-general Lim Guan Eng. He said doing...

Yes to Anwar or no? Here’s what the Umno MPs accused of ditching Muhyiddin have to say

KUALA LUMPUR, Sept. 26 -- Datuk Seri Anwar Ibrahim claimed on Wednesday he had the majority support from MPs to form a new government, some of them coming from the Barisan Nasional (BN) coalition. Following these revelations, Barisan Nasional-linked blog The Coverage revealed the 19...

PM Muhyiddin’s promise of a snap election during Covid-19 irresponsible, says Guan Eng

KUALA LUMPUR - DAP secretary-general Lim Guan Eng said Prime Minister Tan Sri Muhyiddin Yassin exposed his desperation to win the Sabah state election when he promised his party allies a snap poll should they succeed. In a statement today, Lim regarded Muhyiddin's move as...