BNM's international reserves slip 0.49% to US$102.3b as at end-May
KUALA LUMPUR (June 11): Bank Negara Malaysia's (BNM) international reserves slipped RM500 million or 0.
Ismee: Najib in control of SRC after memorandum and articles of association changed
KUALA LUMPUR (June 11): Former SRC International Sdn Bhd chairman Tan Sri Ismee Ismail (pictured) told the High Court here today that former premier Datuk Seri Najib Razak, who was appointed as advisor emeritus of the company, has control of the subsidiary of 1Malaysia Development Bhd (1MDB).
Day 22 of Najib's SRC trial: Ismee to carry on with testimony
KUALA LUMPUR (June 11): Former SRC International Sdn Bhd chairperson Tan Sri Ismee Ismail will continue with his testimony during the examination-in-chief by the prosecution, where he is expected to further touch on the running of the company he left in 2014.
Ex-SRC chairman: Najib directed bulk of RM2b funds from KWAP to be transferred overseas
KUALA LUMPUR (June 10): After getting the first RM2 billion loan from Pensioners Trust Fund Inc (KWAP) for SRC International Sdn Bhd, former premier Datuk Seri Najib Razak asked that a total of RM1.
CM: Penang gov't unaware of proposals for two new airports
The Penang government is unaware of two proposals to develop a new airport in Seberang Perai, which may pose a threat to the current Penang International Airport (PIA) in Bayan Lepas.
Day 21 of Najib's SRC trial: KWAP ex-CEO to resume testimony
KUALA LUMPUR (June 10): The 38th prosecution witness, former Retirement Fund (Incorporated) (KWAP) chief executive officer Datuk Azian Mohd Noh, will continue to be cross-examined by lawyers representing Datuk Seri Najib Razak as his SRC International Sdn Bhd trial enters its 21st day today.
‘Taking private money not a good idea for airports’
KUALA LUMPUR (June 10): Using private money to fund public infrastructure like airports is not a good idea, says the International Air Transport Association (IATA).
Bintai Kinden bags RM20.4m contract for DFTZ works
KUALA LUMPUR (June 4): Bintai Kinden Corp Bhd has bagged a RM20.
Tommy Thomas: Malaysia-IPIC arbitration to be placed under UK High Court supervision
KUALA LUMPUR (May 30): Attorney General Tommy Thomas said today the UK High Court emphasised that it remains ready to proceed with 1Malaysia Development Bhd (1MDB) and Minister of Finance Inc's (MOF Inc) challenge against the consent award to International Petroleum Investment Co (IPIC) after having regard to the circumstances.
KWAP Investment Panel not 'compelled' to lend money to SRC, former CEO says
KUALA LUMPUR (May 30): Retirement Fund Inc's (KWAP) investment panel, the body that has the final say on whether to approve a loan to a third party using the fund's money or not, was not "compelled" to act in accordance to the government's intent to lend money to SRC International Sdn Bhd, the High Court was told yesterday.
