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241-250 results from 257 for query «mof»

September 20, 2014 6:28 AM Union slams Finance Ministry over possible bank merger

The Finance Ministry has come under scrutiny following the National Union of Bank Employees’ (NUBE) claims the ministry did not consult it over a possible merger of three financial institutions. NUBE secretary-general J. Solomon claimed the ministry had been making all the decisions unilaterally in a proposed mega-merger between RHB Capital, CIMB Group 3

September 20, 2014 2:59 AM Union raises stink over Malaysian banks merger, says workers not consulted

CIMB Group Holdings Berhad will join forces with RHB Capital and Malaysian Building Society Berhad in a proposed mega-merger. – Reuters pic, September 20, 2014.Malaysia's main bank workers union has criticised Putrajaya for failing to consult them over three financial institutions eyeing a merger or to ensure that their pension fund is being spent well in the process 4

September 11, 2014 11:13 PM IS IT EFFECTIVE? MOF denies housing loan division will be abolished

KUALA LUMPUR - The Ministry of Finance yesterday denied that the Housing Loan Division (BPP) will be abolished. In a statement today, Ministry Secretary-General, Tan Sri Dr Mohd Irwan Serigar Abdullah, said the government planned to turn BPP into a statutory body and maintain the existing benefits enjoyed by the civil servants. "Currently, BPP and the consultants 3

September 6, 2014 1:35 AM The AWFUL thing about MAS

Written by Mohd Ariff Sabri In Joan Rivers’ language – can we talk means, saying the truth about things. So let’s say some truths about MAS. When people talk about restructuring MAS, I am wondering whether these people understand the airline industry. For example, I would like to ask a question at this early juncture, how did the consultants employed 19

August 27, 2014 12:45 AM Shell’s successful Malaysian exploration

Kuala Lumpur: Shell has announced further exploration success in Malaysia with another gas discovery at the Shell-operated deepwater Marjoram-1 well. “Our strategy to expand our heartland areas through technologically advanced exploration is delivering tangible success in deepwater in Malaysia,” said Andrew Brown, Shell Upstream International Director 7

August 26, 2014 9:43 PM Ministry ponders land bank for affordable housing

Resident sit together at dusk outside their apartment complex in Tanjung Bungah in Penang on February 23, 2008. The government is looking into a land bank to sustain the construction of affordable housing. — AFP picPETALING JAYA, Aug 26 — The Urban Wellbeing, Housing and Local Government Ministry is currently studying the possibility of creating a land bank to sustain 18

August 7, 2014 6:52 AM Sure of anti-trust hurdle, Sprint & Softbank end T-Mobile pursuit

Sprint and its corporate parent, Japanese telecommunications giant SoftBank, have decided to drop their pursuit of T-Mobile US after conceding that antitrust regulators would block a deal in an industry that is dominated by just a few large players, a person briefed on the matter said Tuesday . The decision, made at a Sprint board meeting Tuesday afternoon 4

July 30, 2014 10:06 AM Pemandu oversight for MAS?

With Malaysian Airline System Bhd (MAS) possibly selling its flight operations to golden shareholder Minister of Finance Incorporated (MoF Inc) as one leading option being considered for the ailing carrier’s revival, contract renegotiations are likely be done on a joint-consultative basis with government oversight. An informed source said the oversight 38

July 16, 2014 10:51 AM MOF WELCOMES FEEDBACK ON BEATING RISE IN COST OF LIVING FOR BUDGET 2015

PUTRAJAYA, July 16 (Bernama)-- The Finance Ministry is encouraging feedback from the general public on ways to beat the rise in the cost of living for the formulation of the Budget 2015. Deputy Finance Minister Datuk Ahmad Maslan said Malaysia's inflation rate was at 3.2 per cent and still considered low when compared to its peers at 6.0 per cent. "But we will continue 21

July 14, 2014 2:58 PM Mabul island raiders contacted cops, hostage safe | Malaysia | The Malay Mail Online

Datuk Seri Ahmad Zahid Hamidi confirmed today that policeman who was abducted by gunmen during the Mabul Island ambush is safe. — Bernama picKUALA LUMPUR, July 14 — The masked gunmen from Saturday’s Mabul island attack have contacted the authorities and confirmed that the marine policeman they took hostage is safe, Datuk Seri Ahmad Zahid Hamidi said. “Kidnappers 42