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Authors


M Shanmugam

starbiz@thestar.com.my

Recent and archived articles by M Shanmugam

24 May 2018 | 4:15 PM

Rare occasion that the govt demanded cash from Khazanah

KUALA LUMPUR: The previous government’s redemption of a RM1.2bil debt paper issued to Khazanah Nasional Bhd in August last year is one of the rare occasions where it demanded for cash from its investments in the Malaysian sovereign wealth fund

19 May 2018 | 7:00 AM

ECRL – a Hobson’s choice

ALONG the old road towards Bentong from Bukit Tinggi, a large clearing with the sign of the East Coast Rail Link (ECRL) is visible. There is a batching plant, excavators, fabrication yard and workers’ quarters, among others, at the construction site.

Options available: A man works at a construction site of the ECRL. According to a railway consultant, the government can either opt to cut its losses and stop the project or scale it down. — Bernama
15 May 2018 | 8:36 PM

ECRL spending comes under scrutiny

KUALA LUMPUR: The RM55bil East Coast Rail Link (ECRL) project is now under the spotlight with the top brass of Malaysia Rail Link, the company handling the project, been summoned to Putrajaya to explain financial details on the mega railway job to the new administration. It is learnt that so far that around RM10bil has been drawn down for the 688km railway project, while construction work progress stood at 13% as on March this year.

13 May 2018 | 7:00 AM

Teaming up with ex-foes to make sens

Once they could not see eye-to-eye, but Tun Dr Mahathir Mohamad is working hand-in-hand with former critics to shape the country’s economy to its former glory.

12 May 2018 | 7:00 AM

Old PM heralds hope for new corporate culture

MALAYSIA’S poor handling of public finances is a subject matter that has very often lit controversy. It is not only during the Datuk Seri Najib Tun Razak government but stretches back to the days of our new ‘old’ Prime Minister, Tun Dr Mahathir Mohamad.

In the spotlight: Many shed tears of joy when Dr Mahathir was sworn in as the seventh Prime Minister.
10 May 2018 | 7:00 AM

Political changes to spook market

PETALING JAYA: Malaysian assets in the capital markets will come under pressure following the shocking results of the 14th General Election.

7 May 2018 | 7:00 AM

MBM Resources likely to seek a higher price from UMW

PETALING JAYA: The board of MBM Resources Bhd is expected to seek a higher price from UMW Holdings Bhd in the takeover offer for the former.

Last Monday, 52.06% of Med-Bumikar Mara shareholders voted in favour of accepting the offer from UMW for its stake in MBM, subject to certain requirements and conditions.
5 May 2018 | 7:00 AM

Dollar ‘tantrum’ rears its ugly head again

AS Malaysians prepare to go to the polls, emerging-market currencies and the stock market are falling under the weight of the appreciating US dollar and the rise in US interest rates.

Strong greenback: The US dollar is well-positioned to strengthen further on the back of the Federal Reserve raising interest rates in its next sitting in June.
2 May 2018 | 7:00 AM

India's Fortis is a minefield for Malaysia's IHH

Fortis Healthcare Ltd is not the best of healthcare companies in India. However it has attracted four firm offers because of the tremendous potential the healthcare industry in India offers.

1 May 2018 | 3:40 PM

Fortis a minefield for IHH

FORTIS Healthcare Ltd is not the best of healthcare companies in India. However it has attracted four firm offers because of the tremendous potential the healthcare industry in India offers.

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