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June 26, 2018 2:56 AM Rosmah used credit card, paid for using 1MDB money, to shop?

PETALING JAYA: Did Datin Seri Rosmah Mansor (pix) use credit cards, paid for using 1MDB money, to shop at Chanel in Hawaii and an Italian jewellery store? The Wall Street Journal (WSJ) yesterday reported on the alleged shopping spree embattled former prime minister Datuk Seri Najib Abdul Razak's wife based on "Malaysian investigative documents" 8

June 18, 2018 7:56 AM Full cabinet line-up end of this week?

PUTRAJAYA: The full cabinet list will likely be announced by end of this week, said Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail. Wan Azizah told reporters she posed the question of when the full cabinet line-up will be announced to Prime Minister Tun Dr Mahathir Mohamad today. "PM told me that the list will probably take some time but my best guess 6

June 7, 2018 1:31 PM CCM gets US$20m financing facility

PETALING JAYA: CCM Duopharma Biotech Bhd has secured US$20 million (RM79.4 million) financing from Oversea-Chinese Banking Corporation (Labuan Branch). It told Bursa Malaysia that the revolving credit-i Murabahah will be used to fund the RM59.16 million acquisition of an 8.39% stake in PanGen Biotech Inc from Chemical Company of Malaysia Bhd. “Apart 7

June 5, 2018 6:27 AM Special committee to study redevelopment of Highland Towers site

PUTRAJAYA: A special committee will be formed to implement a feasibility study on the redevelopment of the abandoned site at Highland Towers. Housing and Local Government Minister Zuraida Kamaruddin said the ruins at the site had become an eyesore and a concern for neighbours. "The site is now a nest for drug addicts and thieves," she told a press conference 7

May 7, 2018 12:51 PM Bank Islam, Petronas, SJPP ink MoU to help Petronas vendors

KUALA LUMPUR: Bank Islam Malaysia Bhd has signed a memorandum of understanding (MoU) with Petroliam Nasional Bhd (Petronas) and Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) to provide financial solution to Petronas vendors nationwide via the SME Vendor Financing Programme aimed at benefiting the local oil and gas services and equipment (OGSE) sector 10

May 2, 2018 4:34 AM RHB partners SME Corp to drive SMEs towards cashless transactions

KUALA LUMPUR: RHB Bank Bhd this morning signed a memorandum of understanding with SME Corp Malaysia to drive SMEs towards a cashless society. The collaboration includes RHB Bank appointing SME Corp as JomPay agent and offers SMEs the opportunity to adopt e-payment by leveraging on RHB Bank's Reflex Online Cash Management System and other RHB Bank digital 10

April 27, 2018 10:09 AM Aeon Credit Service Q4 earnings up 2.8%, declares 20 sen final dividend

PETALING JAYA: Aeon Credit Service (M) Bhd's net profit for the fourth quarter ended Feb 28, 2018 rose 2.8% to RM82.31 million from RM80.05 million a year ago driven by its consumer financing business. Revenue grew 6.3% RM309.17 million compared with RM290.84 million in the previous corresponding quarter. It has proposed to declare a final dividend of 20 sen per share 22

April 18, 2018 12:02 AM Sloppy Tottenham held by resolute Brighton

Tottenham’s Harry Kane celebrates scoring their first goal against Brighton & Hove Albion at The American Express Community Stadium in Brighton April 17, 2018. — Picture by Action Images via ReutersBRIGHTON, April 18 — Tottenham Hotspur were held to a 1-1 draw at Brighton & Hove Albion yesterday, giving fresh hope to Chelsea in the battle for a Premier 12

April 17, 2018 1:50 PM Withholding tax – best option for e-commerce

KUALA LUMPUR: Imposing withholding tax on businesses in the digital economy could be the best option at a time when Malaysia wants to capture higher taxes on e-commerce transactions, according to tax experts. Grant Thornton Malaysia’s head of tax advisory and international tax Daniel Woo said the withholding tax mechanism ideally should be the final 14

April 15, 2018 11:55 PM PSG secure title, but thoughts already on summer of change

PARIS: It may have felt in many respects as though Paris Saint-Germain's season ended a month ago, but this Sunday they find themselves celebrating reclaiming the French title, their second trophy in a fortnight. While Neymar is still absent recovering from an operation on a fractured foot, Unai Emery's side took back the Ligue 1 crown in the best possible 25