Malaysia won’t be shutting down airline, Finance Minister blames Najib for causing confusion

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

'My prime minister never said it (that Malaysia Airlines would be shut down) but the former PM wants to create an alarm,' said Lim Guan Eng

Kuala Lumpur–Malaysia’s Finance Minister Lim Guan Eng clarified an issue that caused a stir recently. He said that contrary to earlier reports, Malaysia Airlines will not be closing down after all, and said that confusion had arisen from some comments from former Prime Minister Najib Razak.Mr Lim explained that certain remarks that Prime Minister Dr Tun Mahathir Mohamad had made concerning the national carrier had been interpreted incorrectly.

Mr Najib had a swift reaction to what Dr Mahathir said, urging the government to do neither, since Malaysian Airlines was a great source of pride and joy for the nation, and therefore, ought to be upheld as its national carrier., “No. Absolutely not. It’s a wrong move because Malaysia Airlines is our pride and joy. Malaysia Airlines must continue as our national airline. There must be a turnaround plan. When I was chairman of Khazanah , our turnaround plan was working.

“The former PM issued a statement as if we going to close down Malaysia Airlines. So, I hope we can look at what the PM said properly… we are not going to close down Malaysia Airlines. We want to give this assurance to the employees.The Finance Minister was attending the launch of Bank Pembangunan Malaysia Bhd’s RM1 billion Sustainable Development Financing Fund on March 12 and spoke to the press about the issue.

Members of the media also asked the Finance Minister about the Malaysian economy, stock market, and growth,He replied that stock market developments are not within the government control, “It is beyond our control… it depends as market fluctuations are normal.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia police investigating finance minister's alleged seditious remarkNIBONG TEBAL, Penang: Malaysia police have opened an investigation paper on Finance Minister Lim Guan Eng’s alleged seditious remark about the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

After years of bleeding money, aviation industry analysts are saying it’s time to shut down or sell off Malaysia AirlinesMalaysia Airlines, what was once a symbol of our country's prestige among the world's best airlines is now a burden of a national carrier, having been unable to turn a profit since it was taken private in 2014. In fact, in the words of industry analysts, MAS has been 'bleeding' money
Source: YahooSG - 🏆 3. / 71 Read more »