Recent and archived articles by M Shanmugam
PETALING JAYA: China Communications Construction Co (CCCC) has furnished Malaysia Rail Link Sdn Bhd (MRL) with RM10bil of bank guarantees as commitment for it to complete the East Coast Rail Link (ECRL) project.
They never once raised the red flag on Malaysia taking on huge loans
Change in political landscape paves way for a decision on who has control over oil and gas resources once and for all
Previous govt went ahead with gas pipeline project even though issues were raised.
The alternative view by M. Shanmugam ALREADY two railway projects – including the prestigious high-speed rail (HSR) between Kuala Lumpur and Singapore – have been scrapped, relieving at least RM100bil off the government’s expenditure.
PUTRAJAYA: Fresh from cutting railway projects amounting to more than RM100bil, the Government announced measures that will put some RM20.7bil into the hands of people to drive the economy.
PETALING JAYA: With the three-month “tax holiday” beginning today following the zero-rating of the Goods and Services Tax, economists are expecting a surge in spending and business activities at a time when the world is facing uncertainties.
PETALING JAYA: From renovations to jewellery and even having their own personal trainers, Malaysians are no longer holding back on their spending with the start of the “tax holiday” today.
CAPITAL markets do not like surprises. Investors accord a premium to markets that are transparent. Investors tend to like capital markets where the government is not shy to reveal the true state of the national balance sheet.
PETALING JAYA: The previous government’s redemption of a RM1.2bil debt paper issued to Khazanah Nasional Bhd in August last year is one of the rare occasions where it demanded for cash from its investments in the Malaysian sovereign wealth fund