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Business

Khazanah may appoint independent consultants

Khazanah Nasional Bhd is likely to appoint independent consultants to oversee its growing list of investment companies, and consolidate efforts to protect its investments, particularly in strategic assets.

Business

UEM signs MoU with two Indon toll road firms

THE United Engineers (Malaysia) Bhd Group (UEM) yesterday signed two memoranda of understanding (MoU) with two Indonesian toll road-related companies, PT Jasa Marga (Persero) and PT Sarana Margabhakti Utama, to explore joint opportunities in the development and privatisation of new tolled roads in Indonesia, Malaysia and other countries.

Business

Khairy not going to Khazanah, says Prime Minister

THE Prime Minister has quashed reports that his son-in-law, Khairy Jamaluddin, is joining the Government's investment arm, Khazanah Nasional Bhd.

Business

Step up private investment in Budget 2005, says Asli

BUDGET 2005 needs to be more aggressive in promoting private investment to enable Malaysia achieve the forecast 6% gross domestic product (GDP) growth, according to he Asian Strategy Leadership Institute (Asli).

Business

Private sector to cover spending shortfall by Government

PRIME Minister Datuk Seri Abdullah Ahmad Badawi said the Government expects the private sector, including government-linked companies (GLCs), to increase investments and spending to make up for the shortfall arising from the Government's move to cut its own expenditure to reduce the budget deficit.

Nation

Website hosts cautioned

The Government will not allow any Malaysian companies to operate on behalf of terrorist organisations, Prime Minister Datuk Seri Abdullah Ahmad Badawi said yesterday.

Nation

Remake for Malaysia Incorporated

The reforming of government-linked companies (GLCs) is part of the government's efforts to remake Malaysia Incorporated, said Prime Minister Datuk Seri Abdullah Ahmad Badawi.

Letters

Strategic role for Khazanah

ONE of the most significant changes made by the Prime Minister regarding government-linked companies (GLCs) is the pre-eminent role of Khazanah Nasional Bhd as the strategic investment arm of the Government.

Business

Azman Mokhtar the man to watch in coming months

AZMAN Mokhtar is the man to watch in the next few months. He assumes the position of CEO of national investment vehicle Khazanah Nasional Bhd from June 1.

Business

New heads for Telekom and TNB

CORPORATE leaders Datuk Abdul Wahid Omar and Che Khalib Mohamad Nor were named yesterday to head the country's two largest utility companies, Telekom Malaysia Bhd and Tenaga Nasional Bhd (TNB).