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#Abidinideas 26 Jul 2019 | 12:00 AM

Lessons from abroad

VISITING a new country brings a degree of caution: regardless of how much research you do beforehand, nothing really prepares you for the actual sounds, sights and smells that await, ready to overturn assumptions. It’s particularly disorienting if a youthful imagination has taken hold before arriving: when I first visited London as a child, I was expecting to see streets paved with gold, so taken was I by the story of Dick Whittington and his cat.

Analysis 22 Jul 2019 | 12:00 AM

Will Azmin accept Anwar’s olive branch?

DATUK Seri Anwar Ibrahim had seemed a bit wobbly on the political front the last few weeks but the PKR retreat last weekend ended in a show of support for his leadership.

Business 07 Jul 2019 | 4:00 PM

Building impactful businesses

BEFORE Masala Wheels became a known brand in the social enterprise circuit, Kuhan Pathy and his fellow co-founders’ goal in forming the company was only to keep a friend on the straight and narrow.

Business 20 May 2019 | 3:32 AM

Chinese firms' missing US$6bil tests regulators' resolve

SHANGHAI/SINGAPORE: Cash is considered among the hardest assets for a company to fake, which is why the disappearance of a combined $6.1 billion (4.7 billion pounds) from two Chinese companies has dumbfounded investors and forced regulators to take action

Plantations 01 Feb 2019 | 12:00 AM

Indonesia to challenge ‘discriminative’ EU directive on palm oil

JAKARTA: Indonesia intends to challenge an EU directive on renewable energy at the World Trade Organisation, arguing the plan to curb the use of crops that cause deforestation will unfairly target palm oil, a senior Indonesian official told Reuters.

Plantations 16 Jan 2019 | 10:42 PM

Slow replanting of palm a blow to Indonesia's efforts on environment

JAKARTA: An ambitious scheme to replant about a fifth of the land under palm oil in Indonesia is running far behind schedule, marking a blow to efforts by the world's top producer to lift yields and fend off attacks on the sustainability of the crop.

Corporate News 23 Oct 2018 | 12:00 AM

Bumi Armada mulls asset monetisation

KUALA LUMPUR: The management of Bumi Armada Bhd is not considering equity fund raising but instead it is mulling asset monetisation, such as selling floating production storage and offloading (FPSO) stakes to partners, setting up private trusts (infrastructure funds) or tapping into an available debt facility of US$1.5bil.

Corporate News 22 Oct 2018 | 2:33 AM

Bumi Armada not looking into equity fund raising

KUALA LUMPUR: The management of Bumi Armada is not considering equity fund raising but instead it is mulling asset monetisation such as selling floating production storage and offloading (FPSO) stakes to partners, setting up private trusts (infrastructure funds) or tapping into an available debt facility of US$1.5bil.

Economy 14 Oct 2018 | 8:49 AM

Emerging economies struggle to contain capital outflows

NUSA DUA, Indonesia: After suffering months of capital outflows, policy makers from emerging markets attending IMF-World Bank meetings in Indonesia had a message for leading economies: current monetary and trade policies risk undermining us all.

Markets 12 Oct 2018 | 12:17 AM

Machines take the blame as US stock market sells off

NEW YORK: Investors searching for perpetrators and victims in this week's U.S. stock market selloff pointed to a familiar source: number-crunching fund managers and machines.