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How Singapore's currency club fell apart
SINGAPORE: Mukesh Kumar Chhaganlal said he tried to warn his manager at UBS AG about the "increasingly unrealistic" currency rates being set last year for the Indonesian rupiah against the dollar.
MRCB on expansion drive with new township project
AFTER all the excitement over the last several years, the Kwasa Damansara project in Sungai Buloh is moving along. Last week, further inroads were made, which is a boon in view of today’s weak property market.
Thai not known to mince his words
SUPERMAX Corp Bhd executive chairman Datuk Seri Stanley Thai is not known to be a man who minces his words. He shot to prominence outside the corporate world for speaking out against corruption and wanting to see improved public sector governance.
‘To bring about change, you must not want the job’
IN January, Tan Sri Shamsul Azhar Abbas, the-then president and chief executive officer (CEO) of Petroliam Nasional Bhd (Petronas), received a picture of his son in school from his wife. He broke down, realising how much he had missed the child growing up.
'Cable Cowboy' Malone weighs his next move in Europe
LONDON: A generation after "Cable Cowboy" John Malone transformed the pay-TV sector in the United States, he is back in the spotlight - this time in Europe, where he is plotting a role in the consolidation of the British telecoms market.
Liberty takeover offers longer-term vision for F1
Deal seen as positive for the sport as well as the buyer
One of China’s biggest defaulters has a US$10bil plan, it scares investors
HONG KONG: A move by one of China’s biggest corporate delinquents to include bonds sold by a healthier subsidiary in a workout proposal has stoked concerns about creditors’ rights in a market still getting used to the concept of defaults.
Scaling down regulations
A STATEMENT from the two capital market regulators – the Securities Commission (SC) and Bursa Malaysia – has taken the market by surprise.
Making PE forays in S-E Asia
Navis Capital Partners was founded in 1998 to make private equity (PE) investments in buyouts, recapitalisation and financial restructuring in Asia, particularly in enterprises with a strong or developing presence in South-East Asia, Australia and Hong Kong. Since its founding, Navis has made over 80 controlling investments, with 50 exits so far.