M Shanmugam

Recent and archived articles by M Shanmugam

10 Aug 2018 | 7:00 AM

Irwan: The money is all there

PETALING JAYA: Former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah flatly dismissed allegations that RM18bil is “missing” from the collection of the Goods and Services Tax (GST) and instead claimed that all monies collected goes into the Federal Government’s consolidated funds.

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9 Aug 2018 | 7:00 AM

Daim tipped for advisory role

PETALING JAYA: As the Council of Eminent Persons (CEP) wraps up its work, speculation is rife that the chairman, Tun Daim Zainuddin, could be appointed as adviser to the government.

Daim’s experience in handling the civil service and the private sector could be tapped to primarily assist the new government for the next few months.  It is learnt that the advisory role would be for a limited period to help some of the new ministers in the government, especially to deal with the civil administration.
7 Aug 2018 | 7:00 AM

IJM Plantations a target, cash-rich IOI leading suitor

PETALING JAYA: IJM Plantations Bhd (IJMP) has emerged as a takeover target as demand picks up for mature plantations in Sabah.

High demand: Among the suitors eyeing IJM Plantations, which has 61,000ha of planted area in Sabah, Kalimantan and Sumatra, are plantation groups such as IOI and Hap Seng Plantations.
4 Aug 2018 | 7:00 AM

Cautionary signs of possible recession emerge

TUN Dr Mahathir Mohamad could not have come at a better time than now to lead the country.

3 Aug 2018 | 7:00 AM

Khazanah – of half-truths and the whole truth

A DAY after Tan Sri Azman Mokhtar bade farewell to his colleagues of 14 years and two months in Khazanah Nasional Bhd last Tuesday, Minister of Economic Affairs Datuk Seri Azmin Ali disclosed in Parliament that the fund had lost RM80mil in an online lingerie business in India.

But there is also a view that Malaysia's Khazanah under Azman has done better than Singapore's Temasek during the same period.
28 Jul 2018 | 7:00 AM

Govt looking at three candidates to replace Azman

PETALING JAYA: The Government is looking at three candidates to replace Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar.

28 Jul 2018 | 7:00 AM

Budget 2019 may be too late for the markets

As the dust settles, clear messages need to come sooner than later to manage expectations

27 Jul 2018 | 7:00 AM

Khazanah board backed into a corner

The mass resignation was likely its only option, given the absence of direction from the new government.

Behind closed doors: The entrance to Khazanah Nasional Berhad’s office at the UAB building in George Town, Penang.
27 Jul 2018 | 7:00 AM

Khazanah board ends impasse

PETALING JAYA: A 77-day impasse between the new government led by Pakatan Harapan and Khazanah Nasional Bhd ended with the board of the national sovereign fund handing their undated resignation letters to the Government.

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23 Jul 2018 | 9:14 PM

Claims on the rise for LRT3

​KUALA LUMPUR: Contractors with work packages in the light rail transit 3 (LRT3) project have put the project delivery partner (PDP) on notice that they would seek compensation for the additional cost incurred due to the changes in the design and schedule of delivery of the project.