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Public Mutual declares distributions for nine funds

31 August 2014

KUALA LUMPUR: Public Mutual, which manages RM62.3bil of funds, has declared gross distributions for nine of its funds for the financial year ending Aug 31, 2014.

US judge throws out aluminum price-fixing suit against banks

30 August 2014

NEW YORK: A U.S. judge on Friday dismissed antitrust litigation accusing Wall Street banks and commodity merchants including Goldman Sachs Group Inc and Glencore Plc of conspiring to drive up aluminum prices by reducing supply.

Maybank appoints Amirul Feisal group head of global banking

30 August 2014

KUALA LUMPUR: Malayan Banking Bhd has appointed Amirul Feisal Wan Zahir as its group head of global banking with effect from Oct 1, 2014 which includes strengthening its businesses in key regional markets including Singapore, Philippines and Indonesia.

India nears $2.5 bln deal for Boeing military helicopters

30 August 2014

NEW DELHI: India has decided to acquire Boeing's Chinook and Apache helicopters, an Indian defence ministry official said on Saturday, in a deal valued at $2.5 billion that could ease strained ties between New Delhi and Washington.

Azhar has repeatedly told reporters and colleagues that he had failed to deliver safety in MRT worksites and resigning was therefore the right thing to do.

How to ruin a resignation

30 August 2014

THERE had been no plans for this column to dwell further on the resignation of Mass Rapid Transit Corp Sdn Bhd CEO Datuk Wira Azhar Abdul Hamid.

Draghi calls for fiscal help, hears busy signal

30 August 2014

IT may well be a big deal that Mario Draghi is now talking fiscal stimulus, but the unlikeliness of this happening only underscores that he’ll be forced to do more with monetary policy.

The corporate state’s strategic risk

30 August 2014

LAST WEEK, I was asked to address a group of board members on the importance of strategic risk. I first learned to think about strategy when I was a schoolboy reading Sun Zi’s fourth century BC classic – “The Art of War”. London University Professor Lawrence Freedman’s monumental 2013 book, “Strategy: A History” reminds us that strategy is not just for the military or the corporate captain – doctors have clinical strategies and even social workers have counselling strategies.

Thorn in the flesh for consumers

30 August 2014

Buyer’s perspective: Having won the case at the Tribunal for Home Buyer Claims, commonly known as the Housing Tribunal, and having been granted an award of RM7,500 as compensation for late delivery, the defaulting developer has refused to abide by the award. The developer wants to challenge the award by filing for judicial review (JR) at the High Court. I checked with several lawyers and they say the legal fees and expenses to represent the client would be approximately RM20,000 at the level of the appellate division of the High Court.

Saatchi & Saatchi Malaysia and Singapore chief executive officer Shannon Cullum. (pix provided by Saatchi & Saatchi)

New CEO for Saatchi S’pore and KL

30 August 2014

SHANNON Cullum will lead Saatchi & Saatchi Singapore and Malaysia as CEO from Sept 1.

Lions Festivals appoints new M’sian rep

30 August 2014

LIONS Festivals has appointed Sledgehammer Communications as its official representative in Malaysia.

NagaDDB planning head Andrew Yeoh.

Building the rare breed NagaDDB to expand its strategic planning unit

30 August 2014

ANDREW Yeoh, the new planning head for NagaDDB, has bold plans for the creative agency. The first order of business is to build the firm’s strategic planning department and grow it as big as it can be.

Bridging the generation gap

30 August 2014

BORN in the early 1980s and beyond, Generation Y (Gen-Y) are the fastest growing segment of today’s workforce.

A new lease of life

30 August 2014

THE multi-billion ringgit River of Life (RoL) project to clean up, beautify and redevelop a 110km stretch of the rivers in Greater Kuala Lumpur by 2020, if done holistically, will shore up Kuala Lumpur’s global liveability index and open vast tracts of river-front land for development.

Managing Director of Khazanah National Tan Sr Azman Mokhtar holding the MAS new plan during the press conferences at Petronas twin towers.

Clean slate for MAS

30 August 2014

THE latest process of turning ailing Malaysia Airlines around began on Feb 26, 2014, shortly after it announced its fourth consecutive quarterly loss for the financial year ended Dec 2013. The Government and Khazanah Nasional Bhd agreed that an independent review of the airline was necessary and engaged PricewaterhouseCoopers for the job.

Pics of  Westports in Pulau Indah. AZMAN GHANI / The Star Budget - PPR flats for Budget story.

Sluggish outlook for global trade

30 August 2014

DESPITE leading indicators suggesting that the global economic recovery will strengthen in the second half of the year, it may not be all good news for trade-dependent economies such as Malaysia.

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