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September 4, 2018 4:30 AM Ministry open to other companies competing with Astro

KUALA LUMPUR: The Ministry of Communication and Multimedia (KKMM) is open to the suggestion of other companies competing with digital broadcast service provider Astro, to provide paid television broadcasting services in the country, the Dewan Negara was told today. Deputy Minister Eddin Syazlee Shith (pix) said KKMM was ready to grant rights or Content 26

August 1, 2018 6:00 AM M&A space to remain robust this year, says Bain & Company

KUALA LUMPUR: Malaysia's merger and acquisition (M&A) space is expected to remain robust this year, especially when more firms are looking for M&As than through the initial public offering (IPO) market, according to management consulting firm Bain & Company's financial investors and M&A practice leader Suvir Varma. "The IPO market has not been as robust 18

July 31, 2018 1:27 PM Customs: SST will affect only 70,000 to 80,000 firms

KUALA LUMPUR: Only 70,000 to 80,000 businesses are expected to be affected under the new Sales and Services Tax (SST), compared with 472,000 registered under Goods & Services Tax (GST), according to Royal Malaysian Customs Department director-general Datuk Seri Subromaniam Tholasy. Speaking at a press conference after attending a seminar on SST today 15

July 25, 2018 3:51 PM Thailand approves electric vehicle investment plans of Nissan, Honda

BANGKOK: Thai authorities said today they have approved investment plans worth 29.63 billion baht (RM3.8 billion), including projects by two Japanese automakers to produce hybrid electric vehicles and batteries. Nissan Motor (Thailand), a unit of Nissan Motor Co will invest 10.96 billion baht in one venture while Honda Automobile (Thailand), a subsidiary 12

July 23, 2018 1:42 PM Maxis, Bumi Armada say nothing from India's CBI yet, unaware of fresh charge sheet

PETALING JAYA: Maxis Bhd and Bumi Armada Bhd today clarified that they have not been served with any documents in relation to the filing of a fresh charge sheet by the Central Bureau of Investigations (CBI) in India in the Aircel-Maxis case. Both companies added that they were unaware of allegations made against them and were not in the position to respond 6

July 22, 2018 7:36 AM Economic Affairs Ministry to provide check and balance for Finance Ministry: Analyst

PETALING JAYA: The Institute for Public Leadership today said portfolio rationalisation between the Economic Affairs and Finance Ministries is to provide a check and balance and avoid cases of financial mismanagement as in the past. Its president, Datuk Mohd Radzi Abd Latif said being an accountant, Finance Minister, Lim Guan Eng understood the fundamental 10

July 12, 2018 2:40 AM Suit up for Korean law drama

WHEN US television law drama series Suits premiered in 2011, producer Aaron Korsh introduced us to the world of attractive lawyers dressed in Tom Ford suits, hostile takeovers and lead character Harvey Specter (Garbiel Macht)'s famous quote: "Sometimes the good guy's gotta do the bad things to make the bad guys pay." Following the major success of this show, KBS (Korean 15

July 8, 2018 12:49 PM Temasek set to book record S$300m portfolio

SINGAPORE: Singapore state investor Temasek Holdings Pte Ltd is likely to book a record S$300 billion (RM892.3 billion) for the value of its portfolio, powered by gains in DBS Group Ltd and Chinese banks, while it steps up investment in tech startups. At the same time, Temasek is swooping in on opportunistic purchases with its stake buy in Swiss-based 8

July 7, 2018 6:46 AM Key points of Britain's post-Brexit trade plan

LONDON: Here are the key points of the British government's proposal agreed Friday for the future relationship with the European Union after Brexit, centred on a new "free trade area for goods". The plan says it would avoid checks on the border between Northern Ireland and Ireland and protect manufacturing supply lines, while also fulfilling domestic 18

July 5, 2018 1:06 AM US envoy to work with Sudan to remove from 'terror' list

KHARTOUM: The top US envoy in Sudan vowed Wednesday to work with Khartoum in its efforts to be removed from Washington's "terrorism" blacklist as he welcomed the African country's decision to sever ties with North Korea. In June, Sudan announced its defence firms had scrapped contracts with the Asian pariah state, acknowledging for the first time the existence 18