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1-10 results from 1000 for query «debt»

September 2, 2018 1:56 PM Not easy to be PM now: Anwar

ALOR STAR: PKR president Datuk Seri Anwar Ibrahim admitted that if he himself were holding the position of prime minister today, he would be facing difficulties to manage and revitalise the nation's economic standing due to the burden of too much debt. "The new government is facing a lot of challenges, even if I am the prime minister, it will not be easy, no one could 13

August 30, 2018 9:44 AM Balakong by-election: Abolish the tolls? Ask me: Guan Eng

BALAKONG: Finance Minister Lim Guan Eng said MCA should bring up the issue of toll abolishment with him if they are really concerned about the plight of the people. He said the party should not be asking Pakatan Harapan (PH)'s candidate in the Balakong state seat by-election Wong Siew Ki in their campaigning as she is not a minister. "(Wong) Siew Ki is not a minister 14

August 23, 2018 12:46 PM Sime Darby Plantation acquires coconut oil exporter

KUALA LUMPUR: Sime Darby Plantation Bhd’s (SDP) wholly owned subsidiary New Britain Palm Oil Ltd (NBPOL) has completed the US$52.6 million (RM215.6 million) acquisition of Markham Farming Co Ltd (MFCL) from Markham Agro Pte Ltd (MAPL). In a filing with Bursa Malaysia, SDP said NBPOL has assumed the net debt of MFCL and MAPL of US$11 million. MFCL is now indirectly 19

August 14, 2018 3:39 PM India's Fortis sees signs of recovery, shareholders approve takeover by IHH Healthcare

BENGAlURU: Cash-strapped Indian hospital operator Fortis Healthcare Ltd said today it was starting to see some signs of recovery, as it secured shareholder approval for its takeover by Malaysia's IHH Healthcare Bhd. Fortis, which operates about 30 private hospitals in India, reported a net loss of 707.4 million rupees (RM41.5 million) for the three months 12

August 13, 2018 2:46 PM Malaysia-China relations have hit rock bottom, and Mahathir knows it

Dr Mahathir Mohamad has issued a stern warning to China against further militarising the South China Sea (see news item below). Speaking to The Associated Press days ahead of his visit to Beijing, the Prime Minister announced that he would seek to cancel multibillion-dollar infrastructure projects that his predecessor, Dato’ Seri Najib Tun Razak, signed 26

August 13, 2018 10:22 AM Parliament should establish joint committee on country's financial status

KUALA LUMPUR: Former International Trade and Industry Minister Datuk Seri Mustapa Mohamed is urging the government to set up a Joint Parliamentary Committee to narrow the disparity in opinion on Malaysia's financial status. In a statement today, he said the committee should comprise representatives who cut across political differences and cover all aspects 13

August 13, 2018 7:46 AM Support federal government efforts to address debt issue: Mohd Khalil

MALACCA: Malacca Yang Dipertua Negri Tun Dr Mohd Khalil Yaakob today urged the people of Malacca to support the federal governments efforts to address the huge national debt. He said he had confidence in the capability of the federal government to solve the debt issue based on its corporate experience and expertise to raise the economic status of the country 11

August 13, 2018 7:15 AM GST refund shortfall more than we thought: Lim

KUALA LUMPUR: Finance Minister Lim Guan Eng has clarified that the amount left in the government's trust fund meant for Goods and Services Tax (GST) refunds was not RM1.486 billion, but only a tenth of that figure. He said in his speech in the Dewan Rakyat last week, he had revealed that the total outstanding amount of GST refunds since its introduction 14

August 11, 2018 9:37 AM So, Rafizi lied about the RM24 million diamond ring after all

Rafizi Ramli wants to be the next Deputy President of PKR. According to what Rafizi told his people, he has the support of Anwar Ibrahim and Dr Wan Azizah Wan Ismail who are very upset with Azmin Ali because of his alliance with Tun Dr Mahathir Mohamad. However, a new revelation has just surfaced that proves Rafizi lied about the RM24 million diamond 43

August 7, 2018 1:30 PM Former Aircel CEO steps down from Maxis board

PETALING JAYA: Maxis Bhd non-executive director Kaizad B. Heerjee has stepped down from his post after the telco was allegedly embroiled in illegal money trails in India. Kaizad, a Singapore national, was India’s Aircel Ltd CEO. He quit the debt-ridden firm last May. In a filing with Bursa Malaysia, Maxis said Kaizad’s resignation was due to personal 20