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China, Singapore can help Malaysia cope with debt, says Finance Minister Lim Guan Eng
#1
[Image: 616778.jpeg]

Can Singapore forego the $500 millions ?
We must help our good neighbour in debt ?


https://www.channelnewsasia.com/news/asi...g-10432986

Malaysia's Finance Minister Lim Guan Eng believes countries like China and Singapore understand why it has had to review mega projects such as the China-backed East Coast Rail Link (ECRL) and the Kuala Lumpur-Singapore High Speed Rail (HSR).

Lim told Channel NewsAsia's Conversation With that his new government is still dealing with the more than US$251 billion debt and liabilities left by the previous Najib Razak-led administration.

Malaysia will therefore exit the HSR deal, which it says could cost the country RM110 billion (US$28 billion) with interest payments, while terms of the ECRL are being renegotiated.

"We are confident China understands our debt predicament and they'll be willing to help us out, give us a helping hand," Lim said.

"As far as the HSR is concerned, it's scrapped for now as announced by the PM but in the future, that is something that we want to discuss with the government ... In that sense, we're talking about the possibility of deferring and discussing with our good neighbours Singapore to see how they can help us out of this debt predicament."
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#2
Interestingly, Malaysia Govt under Dr M is like, puts Singapore on a Gas Stove

First, Dr M switching "ON"
Next, Lim Guan Eng switching "OFF"

They doing it whenever and wherever they feel like it..hahaha
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#3
They expect Sg to help out every country that are heavily in debt? They think Sg so rich ah?

Tan ku ku
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#4
Law by law.
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#5
If wants help better be sincere and begs politely. Not acting cocky like a piece of Malaysian shxt..... Laughing

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#6
15-6-2018 12:36 PM
forum456 said:
[Image: 616778.jpeg]

Can Singapore forego the $500 millions ?
We must help our good neighbour in debt ?


https://www.channelnewsasia.com/news/asi...g-10432986

Malaysia's Finance Minister Lim Guan Eng believes countries like China and Singapore understand why it has had to review mega projects such as the China-backed East Coast Rail Link (ECRL) and the Kuala Lumpur-Singapore High Speed Rail (HSR).

Lim told Channel NewsAsia's Conversation With that his new government is still dealing with the more than US$251 billion debt and liabilities left by the previous Najib Razak-led administration.

Malaysia will therefore exit the HSR deal, which it says could cost the country RM110 billion (US$28 billion) with interest payments, while terms of the ECRL are being renegotiated.

"We are confident China understands our debt predicament and they'll be willing to help us out, give us a helping hand," Lim said.

"As far as the HSR is concerned, it's scrapped for now as announced by the PM but in the future, that is something that we want to discuss with the government ... In that sense, we're talking about the possibility of deferring and discussing with our good neighbours Singapore to see how they can help us out of this debt predicament."



I think Lim refer to money laundry by najib & his kaki...not asking for loan......
He wants spore & china disclose all the hard truth & deal with najib....all the transaction, accounts....
this kind of help, not monetary....corruption, balanced.. Laughing Bye
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#7
15-6-2018 12:54 PM
century said:
I think Lim refer to money laundry by najib & his kaki...not asking for loan......
He wants spore & china disclose all the hard truth & deal with najib....all the transaction, accounts....
this kind of help, not monetary....corruption, balanced.. Laughing Bye

You don't sound logical.

Are you sure you are ok?
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#8
15-6-2018 1:09 PM
menzi said:
You don't sound logical.

Are you sure you are ok?


hahaa...same rubbish again, can you discuss about topic?.....real clown.... Rolling on the flor laughing
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#9
15-6-2018 1:11 PM
century said:
hahaa...same rubbish again, can you discuss about topic?.....real clown.... Rolling on the flor laughing

Lge, Singapore can certainly help by ensuring Malaysia pay up in full the compensation for the terminsted hsr.
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#10
later send all the ah loongs to spray o$p$ Laughing
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