Guan Eng to discuss cement price with Saifuddin

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Finance minister says he had received complaints from several developers on the issue.

Finance Minister Lim Guan Eng said he will meet Domestic Trade and Consumer Affairs Minister Saifuddin Nasution next week to discuss on the cement price increase.

He said the government too was concerned that the cement price increase would cause a chain of reactions and affect a broader segment of the construction sector including infrastructures. Lim was commenting on complaints by the developers about the cement price increase of between 40 and 50 percent as notified by letters from suppliers, which took effect from yesterday and some on July 1.

Lim also raised a question about whether the sharp price increase was due to having only one cement company which monopolise the market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Guan Eng to discuss cement price increase with Saifuddin | Malay MailGEORGE TOWN, June 16 — Finance Minister Lim Guan Eng says he will meet Domestic Trade and Consumer Affairs (KPDNHEP) Minister Datuk Seri Saifuddin Nasution Ismail next week to discuss on the cement price increase. Saying that he had received complaints from several developers on the issue, Lim... Ini yg patut di banggakan. Sendiri bikin hal sendiri settle. Tunjuk seolah olah menteri buat kerja tapi rupanya manipulasi crisis. Hebat risk opportunity mgmt by both of ministry. Well done. Yg kaya penidas penindas sokongan kerajaan. pergi diskas sama kroni atuk sebangsa kau laaa. tolol laa menteri ni
Source: malaymail - 🏆 1. / 86 Read more »

Guan Eng ingatkan media tidak jadi alat kepentingan pihak swastaSebuah akhbar berbahasa Inggeris baru-baru ini melaporkan 2 lapangan terbang baru yang dicadangkan bakal menggantikan Lapangan Terbang Antarabangsa Pulau Pinang di Bayan Lepas.
Source: fmtoday - 🏆 5. / 72 Read more »

Media jangan jadi alat untuk kepentingan pihak swasta, kata Guan Eng | The Malaysian InsightKatanya, pihak media perlu bersikap profesional dan bertanggungjawab terhadap laporan yang dikeluarkan.
Source: msianinsight - 🏆 8. / 63 Read more »

There are no winners in trade war, says Guan EngAlthough Malaysia is one of the beneficiaries, the trade war benefits nobody, says finance minister. If it didn't benefit for our country..so what is it for? Rocket scientist thetapirtimes Is the person running FMT's account secretly working for you? 😂😂
Source: fmtoday - 🏆 5. / 72 Read more »

There are no winners in trade war, says Guan Eng | Malay MailBATU KAWAN, June 15 — Although Malaysia is currently benefiting from the trade war between the United States (US) and China, the impact is only temporary, said Finance Minister Lim Guan Eng. The trade war between the two economic superpowers has benefited Malaysia in terms of business relocations...
Source: malaymail - 🏆 1. / 86 Read more »

Guan Eng: Allocating income from tourism tax to the states will continue | Malay MailBUKIT MERTAJAM, June 15 — Allocating income from tourism tax to the states will be continued where 50 per cent of the income would be given back to the states as promised by the government, said Finance Minister Lim Guan Eng. He said the allocation for the tourism tax in 2019 was expected to be... Regulate the industry instead of just taxing the industry
Source: malaymail - 🏆 1. / 86 Read more »