Gurmeet Kaur

Recent and archived articles by Gurmeet Kaur

16 Jul 2018 | 12:35 PM

YTL Power’s Tg Jati clears major hurdle

PETALING JAYA: YTL Power International Bhd’s 80%-owned Tg Jati power plant project in Indonesia is understood to have crossed a major hurdle having finalised its power purchase agreement (PPA) terms with the local regulators, according to MIDF Research.

14 Jul 2018 | 7:00 AM

Major changes seen in power supply sector

THE POWER sector looks poised for a reset with a push towards renewable energy (RE) and the return of competitive bidding in awarding contracts.

3 Jul 2018 | 7:00 AM

GLIC salaries in spotlight

CEP looks into basis of remunerations of top executives in companies including Khazanah

The government roped in Tan Sri Azman Mokhtar, who left boutique advisory company BinaFikir Sdn Bhd which he co-founded in 2002, to head the fund.
30 Jun 2018 | 7:00 AM

Search is on for Nazir’s successor

CIMB Group chairman Datuk Seri Nazir Razak, a seasoned banker and the face behind the country’s second largest lender, will leave the banking group. The question is whether he will stay until the end of his current term which ends in March next year or exit the bank earlier than that.

Datuk Seri Nazir Razak. — Bloomberg
28 Jun 2018 | 7:00 AM

Electricity tariffs likely to be maintained

PETALING JAYA: Government-linked companies have come under the spotlight, with the Government saying there is a need to review their role. However, as far as the energy sector is concerned, analysts believe that the Government is committed to carrying out reforms, boding well for Tenaga Nasional Bhd (TNB).

The electricity tariff for the second half of the year is slated to be announced in the next few days.  “We believe the Government will maintain the current electricity tariffs and utilise funds from the Electricity Industry Fund (or more commonly known as Kumpulan Wang Industri Elektrik (KWIE)) to offset the rising coal cost incurred by TNB in the past six months till June,” the research house said in a report yesterday.
23 Jun 2018 | 7:00 AM

Overpaid CEOs and social duties of GLCs set for review

The new government has clearly said that there is a need to review the role of GLCs and the remuneration paid out to their top executives

20 Jun 2018 | 7:00 AM

Having it easy in Indonesia

PETALING JAYA: Nik Faisal Ariff Kamil (pic), a key figure linked to the case the Govern­ment is building against former prime minister Datuk Seri Najib Tun Razak, has been travelling in and out of Indo­nesia over the past three years, said sour­ces.

20 Jun 2018 | 7:00 AM

Former 1MDB chief executive still in Malaysia

PETALING JAYA: Former 1Ma­­lay­sia Development Bhd (1MDB) president and CEO Datuk Shahrol Azral Ibrahim Halmi (pic), the fund’s first CEO and key perso­nality linked to the corruption scandal, is arguably the only prominent person who is still in the county.

15 Jun 2018 | 7:00 AM

A short but memorable stint

PETALING JAYA: Outgoing Bank Negara governor Tan Sri Muhammad Ibrahim bade farewell to his staff yesterday after serving two years as head of the central bank.

Bank Negara Governor Tan Sri Muhammad Ibrahim wishing his staff farewell at the central bank. yesterday.
13 Jun 2018 | 7:00 AM

Yen credit more feasible than US$ to settle 1MDB debts

PETALING JAYA: Malaysia’s request for yen-denominated loans from Japan to help resolve its debt problems was a more feasible and attractive proposition given that the cost was likely to be lower and the tenure longer, say economists.

With the cost likely to be lower and the tenure longer, a yen loan was a feasible and an attractive proposition to pare down the more expensive dollar borrowings, especially the ones incurred by 1Malaysia Development Bhd, said Sunway University Business School professor of economics Yeah Kim Leng(filepic).