Malaysian Finance Minister predicts the country will become a tiger economy in just 3 years

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Lim Guan Eng also said that RM37 million (S$12.3 million) in tax refunds was on its way to Malaysians over the next 10 months

He also mentioned that tax refunds are on its way to Malaysians over the course of the next 10 months. These refunds will total RM 37 million .

“Improved trade relations with China saw investments from China increased from RM5 billion a year ago to RM20 billion.” 2018’s figures have been positive despite certain predictions and I think Malaysia’s economy is progressing well. We have exceeded consensus estimation even for the previous month. In a statement he said, “The CPI decline proves that the government’s policy of abolishing the Goods & Services Tax and replacing it with the Sales & Services Tax and stabilising fuel prices with a ceiling price mechanism works by expanding the economic pie to benefit both businesses and the people.”“We want to ask the banks to be a bit more flexible in terms of lending arrangement because we get complaints that they are being very conservative.

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 ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

British finance minister Hammond says not there yet on Brexit vote supportLONDON (REUTERS) - The British government does not yet have the support of enough lawmakers to win a parliamentary vote on its Brexit deal but a 'significant number' of colleagues are coming around to back the plan, finance minister Philip Hammond said on Sunday.. Read more at straitstimes.com. ....they can't organise a BREXIT, but keep dreaming about ruling the Empire....
Source: The Straits Times - 🏆 8. / 63 Read more »

German lawmakers challenge deputy finance minister's Goldman link in bank mergerGerman lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of interest in the U.S.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Malaysia won’t be shutting down airline, Finance Minister blames Najib for causing confusionKuala Lumpur--Malaysia’s Finance Minister Lim Guan Eng clarified an issue that caused a stir recently. He said that contrary to earlier reports,
Source: IndependentSG - 🏆 2. / 72 Read more »

Finance sector expects weaker job gains in Q2It was one of the two sectors that have weaker hiring prospects in the upcoming quarter.
Source: SBRMagazine - 🏆 13. / 51 Read more »