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Corporate News 27 Mar 2019 | 12:00 AM

No cash no problem

KUALA LUMPUR: More Malaysians are migrating to e-wallet cashless transactions but one big beneficiary in digital payments and becoming a cashless society is the stamping out of corruption.

Corporate News 29 Mar 2019 | 5:37 AM

Petronas continues to enhance governance through CIAP

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) continued to enhance its education and communication activities to promote integrity with another round of the Corporate Integrity Advocacy Programme (CIAP) for its top management.

Business 09 Apr 2019 | 8:31 AM

Felda is said to seek RM6b government rescue

KUALA LUMPUR: Felda, a Malaysian state agency overseeing farmers, will ask for about 6 billion ringgit ($1.5 billion) from the government to help turn itself around, according to a person familiar with the matter.

Business 10 Apr 2019 | 12:00 AM

Risks to check before taking China’s Belt and Road cash

BEIJING: Countries should critically evaluate prospective Belt and Road projects for risks ranging from financial sustainability to potential for corruption before accepting Chinese infrastructure investment, according to a new study by Centre for a New American Security.

Business 10 Apr 2019 | 12:00 AM

Felda seeking RM6bil government rescue, says source

KUALA LUMPUR: Felda, a state agency overseeing farmers, will ask for about RM6bil from the government to help turn itself around, according to a source.

Business 10 Apr 2019 | 3:16 AM

Govt to provide RM6bil aid to Felda

KUALA LUMPUR: Felda is to receive slightly more than RM6bil in stages from the Government as it restructures its operations and strengthens its governance in order to improve the fortunes of the agency and its settlers.

Business 12 Apr 2019 | 12:24 AM

Uber unveils IPO with warning it may never make a profit

NEW YORK: Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.

Business 27 Apr 2019 | 12:00 AM

Uber to kick off investor road show with IPO terms

RIDE-HAILING company Uber Technologies Inc will unveil terms for its initial public offering (IPO) today, telling investors it will seek to be valued at between US$80bil and US$90bil, according to sources.

Business 07 May 2019 | 12:18 AM Premium

Ex-Goldman banker in plea talks over 1MDB charges, judge says

Move could aid the Justice Department in building a case against the bank and its employees in the Malaysian fund scandal

Business 07 May 2019 | 8:46 AM

Officials meet to coordinate Goldman approach over 1MDB

SINGAPORE: Law enforcement officials from the U.S., Malaysia and Singapore are meeting near Kuala Lumpur this week to coordinate their legal approaches toward Goldman Sachs Group Inc. over its work raising money for scandal-plagued state fund 1MDB, people with knowledge of the matter said.