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BENGALURU: Shares in Interserve Plc sank 50 percent in value on Monday after it announced a rescue plan that sought to head off a Carillion-style collapse by converting much of its debt into new shares, potentially handing control of the company to its creditors.
A letter from TIMOTHY TYE, Former council member of Penang Heritage Trust, Penang.
BERLIN (Reuters) - Germany's EVG railway workers' union plans to stage warning strikes over the Christmas period after wage talks with rail operator Deutsche Bahn [DBN.UL] broke down early on Saturday.
PETALING JAYA: Transport Minister Anthony Loke will visit Beijing next month to help increase air links between Malaysia and China.
PETALING JAYA: Gamuda Bhd has proposed a levy where developers would have to pay 2% of their total revenue based on sales to the government instead of having quotas imposed on them to provide a fund benefitting the below-40 (B40) population.
JAKARTA: Indonesia is offering new projects worth up to US$60bil to Chinese investors in a bid to capitalise on Beijing’s Belt and Road initiative, a senior official said, despite growing concern about the strings tied to some of the loans worldwide.
JAKARTA: Indonesia is offering new projects worth up to US$60bil to Chinese investors in a bid to capitalise on Beijing's Belt and Road initiative, a senior official said, despite growing concern about the strings tied to some of the loans worldwide.
In a nondescript brick building on the snowy edge of Estonia’s second city Tartu, soldiers in camouflage tap silently at computers. They are troops manning the 21st century’s front line.
PERAK will have its very own “Hop-On Hop-Off” bus starting this month to allow tourists to visit interesting destinations in Ipoh City, said State Tourism, Arts and Culture Committee chairman Tan Kar Hing
SEOUL: A train carrying South Korean engineers and officials crossed into the North to begin a landmark joint survey to reconnect railway tracks between the two Koreas.