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MUMBAI (Thomson Reuters Foundation) - Delhi is set to become the first Indian city to fully implement a law that protects street vendors against the threat of eviction, authorities in the capital said on Thursday, five years after the landmark legislation was first introduced.
PETALING JAYA: Financially distressed Sumatec Bhd said its contract to develop an oil and gas field in Kazakhstan will be terminated effective Oct 17.The company, in a filing with Bursa Malaysia yesterday, said wholly-owned Sumatec Oil and Gas LLP (SOG) had on Oct 7 received a notice from CaspiOilGas LLP (COG) to terminate the joint investment agreement (JIA) to develop the Rakushechnoye oil and gas field.
PETALING JAYA: The government will raise a total of RM135.7bil gross direct debt in 2019, of which 61%, or RM83.3bil, will be used to redeem the federal government’s outstanding debt.
KUALA LUMPUR: Some stocks in the spotlight on Wednesday include MTAG, MISC, FGV, George Kent, Kinsteel, London Biscuits, Pelangi and Sasbadi, says JF Apex research.
PETALING JAYA: Oil and gas services firm Daya Materials Bhd has defaulted on loan facility payments with two more banks - Hong Leong Bank Bhd (HLBB) and Al-Rajhi Banking & Investment Corp (M) Bhd - amounting to RM98.05mil and RM97,788.30, respectively.
PETALING JAYA: Trading in the shares of Utusan Melayu (M) Bhd will be suspended with effect from Aug 28, and the counter will delisted on Aug 30.
KUALA LUMPUR: Datuk Seri Najib Razak's former relationship manager told the court she "may have" taken RM55, 000 out of her own pocket to cover an overdraft in his account ending with the number 906 to avoid a cheque from bouncing.