FINANCE Minister Lim Guan Eng has retracted his threat to impose a windfall tax on the banking sector two days after he issued it at InvestKL.
He clarified: “Since we don’t impose windfall taxes, we hope they (banks and lenders) can be more flexible in their lending arrangements since they are making so much money; share a bit.”
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!