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A key focus of the NTP is improving railway network.
Business news in brief.
STICKY issues surrounding a RM2bil bond issued by Bandar Malaysia Sdn Bhd when it was under the purview of 1Malaysia Development Bhd (1MDB) are said to be the main point of negotiations between the government and its prospective new controlling shareholders.
Recently, StarBizWeek met up with Sime Darby Bhd CEO Datuk Jeffri Salim Davidson (pic) at Sime Darby’s new headquarters in Ara Damansara. Nearly two years after its mega three-way demerger, Sime Darby is now a totally different company.
THE palm oil industry has been firefighting one issue after another and the latest one with the possibility India may cut its purchase of palm oil from Malaysia is turning out to be a problem the industry is threading carefully on.
ONE fact that keeps research analysts piqued about Sime Darby Bhd is the list of assets the group could hive off.
Sime Darby carves its niche following the conglomerate’s break-up two years ago, according to CEO Datuk Jeffri Salim Davidson.
PETALING JAYA: A price difference of just 20 sen per litre is all it takes to encourage smuggling of fuel to neighbouring countries.
PUTRAJAYA: After discovering a serious breach of security at the Perlis-Thailand border due to enforcement personnel being on the take, graft investigators want to know how rampant corruption is at the Kedah and Kelantan border.Investigators from the Malaysian Anti-Corruption Commission (MACC) received data to help probe allegations that some border security personnel stationed at Padang Besar are receiving money from smugglers to allow them to hand over goods illegally to their counterparts in Thailand.Chief commissioner Latheefa Koya said the discovery would help MACC’s efforts in fighting corruption, adding that the data received dated from 2017 up to May this year.
HONG KONG (Reuters) - A Hong Kong police association is in talks with a Chinese property developer about a planned Hong Kong-themed retirement community in mainland China, it said on its website.