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DILI: The prime minister of East Timor has sent a letter of resignation to the president, he said on Tuesday (Feb 25), as the tiny South-East Asian nation faces new political instability after the collapse of a coalition supporting him in parliament. The prime minister has repeatedly failed to secure passage of a budget for 2020 after the largest party in his coalition.
KUALA LUMPUR (Bernama) Prestariang Bhd is selling its boutique university which is owned and operated by its unit, Prestariang Education Sdn Bhd, to Serba Dinamik Group Bhd (SDGB) for RM2.5mil.
PARIS: Nearly 90% of the 200 cities beset by the world's highest levels of deadly micro-pollution are in China and India, with most of the rest in Pakistan and Indonesia, researchers reported on Tuesday (Feb 25).
KUALA LUMPUR: Some mild buying of Tenaga Nasional, Maybank and IHH Healthcare on Tuesday after the selldown the previous day enabled the key FBM KLCI to close above the key 1,500 level.
KUALA LUMPUR: The FBM KLCI rebounded on Tuesday to return to the 1,500 psychologically important level.
RIYADH: Saudi Arabia plans to invest 412 billion riyals (US$110bil) to develop unconventional natural gas reserves in the eastern Jafurah field, according to the kingdom’s official Saudi Press Agency.
TORONTO: Canadian miner Teck Resources Ltd has withdrawn an application to build its C$20.6bil (US$15.7bil) Frontier oil sands mine in Alberta, days before the federal government was to decide on whether to approve a project opposed by environmentalists and indigenous groups.
KUALA LUMPUR: Sabah Ports Sdn Bhd (Sabah Ports) has obtained a RM80mil Tawarruq financing facility from Bank Pembangunan Malaysia Bhd (BPMB) to fund the Sapangar Bay Oil Terminal jetty extension project.
PETALING JAYA: Yinson Holdings Bhd’s latest job wins have strengthened its medium-to-long-term prospects, prompting at least two brokerages to lift their target prices for the company’s share price.
Facebook's former sustainability chief has launched an organisation to help employees at big companies press their bosses for more aggressive policies to fight climate change.