Jack Ma’s meeting with Guan Eng ‘positive’


Jack Ma, billionaire and chairman of Alibaba Group Holding Ltd., reacts during a panel session on the opening day of the St. Petersburg International Economic Forum 2016 (SPIEF) in Saint Petersburg, Russia, on Thursday, June 16, 2016. The 20th anniversary St. Petersburg International Economic Forum brings together heads of state and governments, political leaders, leading experts and global company executives and runs from June 16-18. Photographer: Andrey Rudakov/Bloomberg

PETALING JAYA: Alibaba founder and chief executive officer Jack Ma is believed to have held an informal meeting with Finance Minister Lim Guan Eng.

The meeting had generated a certain amount of positivity against a backdrop of unfavourable contracts signed between China companies and the previous Barisan Nasional government, said sources.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

MIDA sees broader investment pipeline beyond data centres in 2026
Malaysia likely see net foreign equity inflow in 2026 amid rising investor confidence
Sarawak to introduce carbon levy on oil, gas and energy sectors
Astro to stop new Astro Fibre sign-ups from Feb 2026
5E Resources secures Bursa Malaysia nod for ACE Market listing
Ringgit ends higher as Trump-fed clash weakens the greenback
AirAsia X fully secures RM1bil private placement at RM1.65 per share
iCents wins RM9.12mil industrial facility contract
Rimbunan Sawit disposes of land for RM28mil
Agibot opens Malaysia’s first AI and robotics experience centre

Others Also Read