Royce Tan

Recent and archived articles by Royce Tan

19 Jan 2019 | 7:00 AM

RM90mil for slope maintenance

TAPAH: The Works Ministry will receive an additional allocation of RM90mil from the Finance Ministry for slope maintenance works along federal roads throughout the country.

19 Jan 2019 | 7:00 AM

Three banks picked for RM7.6bil Samurai bond

PUTRAJAYA: Finance Minister Lim Guan Eng will be leading a delegation to Tokyo next month to meet all relevant investors to ensure the success of the Samurai bond-raising exercise.

Miyagawa: They showed the samurai spirit and the samurais are very happy to cooperate with the Malaysians.
19 Jan 2019 | 7:00 AM

Finance Minister: Goldman Sachs must follow up on its apology with US$7.5bil compensation

PUTRAJAYA: Goldman Sachs Group Inc should follow up on its apology to Malaysia with a payment of US$7.5bil (RM30.86bil), says Lim Guan Eng.

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18 Jan 2019 | 3:43 PM

Nomura not dropped because of downgrade, says Lim

PUTRAJAYA: Nomura Holdings Inc, a Japanese financial holding company that was widely tipped to be among the arrangers of the RM7.6bil Samurai bond, was not among the three names announced by the Finance Ministry.

18 Jan 2019 | 12:54 PM

Guan Eng: When is Najib going to apologise over 1MDB?

PUTRAJAYA: Former prime minister Datuk Seri Najib Tun Razak is in a complete state of denial in his refusal to admit that Malaysians have suffered huge losses because of the 1Malaysia Development Bhd (1MDB) scanda, says Finance Minister Lim Guan Eng.

18 Jan 2019 | 12:39 PM

LGE to Goldman Sachs: Sorry no cure, just pay back US$7.5bil

PUTRAJAYA: A mere apology from Goldman Sachs over the involvement of its former banker in the scandal riddled 1Malaysia Development Bhd (1MDB) is insufficient, says Lim Guan Eng.

18 Jan 2019 | 12:15 PM

Malaysia picks Mizuho, HSBC and Daiwa for US$1.83b Samurai bond

PUTRAJAYA: The government has appointed three banks as the joint lead arrangers to raise up to 200bil yen (RM7.527bil or US$1.83bil) Samurai bond in Japan.

Finance Minister Lim Guan Eng said on Friday the appointment was a result of six proposals that were shortlisted from 27 that were received by the ministry by Nov 2 last year.
18 Jan 2019 | 7:00 AM

SERC: More structural reforms needed

KUALA LUMPUR: A synchronised global slowdown is imminent – indicating that the economic growth in Malaysia will be equally challenging

Lee: The government has a projected fiscal reduction target and is slowly bringing it down
17 Jan 2019 | 2:32 PM

SERC: Policy clarity, certainty needed for stable environment

KUALA LUMPUR: A private sector think-tank expects 2019 to be a year of certainty in terms of execution and implementation as the government seeks to put in place the Budget 2019 proposals.

Socio-Economic Research Centre (SERC) executive director Lee Heng Guie said on Thursday some macroeconomic reforms had already taken place and there may be a need to fine tune it.
15 Jan 2019 | 7:00 AM

SC to regulate digital assets

Move seen to spur growth in digital currency sector

Good move: Lim says many people have bypassed Malaysia because the policy was not clear about digital assets