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Business

Puspakom CEO: Company has made great strides over the years

KUALA LUMPUR: Puspakom has made great strides in its operational capacity and efficiency in the 24 years it has been in existence as the national inspection company to undertake mandatory inspections of both commercial and private motor vehicles, said its chief executive officer Mohammed Shukor Ismail.

Business

How the astute drive change and profit from it

THE term sustainability is on everyone’s radar – and for good reason.

Business

New cohort continues drive in innovation ecosystem

CYBERVIEW Sdn Bhd, the company leading Cyberjaya’s transformation into a Global Technology Hub, has shortlisted five startups to participate in the latest instalment of its Cyberview Living Lab Accelerator (CLLA) Programme.

Business

Is KKR building what Europe’s phone giants couldn’t?

AS our appetite for data booms, private equity firms are betting on the cell towers and cable infrastructure to support it. The prize looks to be in creating the pan-European giant that has so far eluded the region’s telecoms industry.

Business

1MDB's path to insolvency, what you need to know

KUALA LUMPUR: Malaysia’s scandal-plagued state investment fund 1MDB has a RM143.75mil (US$36mil) bond coupon payment that may still be due this month. With the company unable to repay debt, the government has said it will honour 1MDB’s obligations as it had done since April 2017.

Business

How `insolvent' 1MDB's debt stacks up and who's saddled with it

KUALA LUMPUR: Malaysia’s scandal-plagued state investment fund 1MDB has a 143.75 million ringgit ($36 million) bond coupon payment that may still be due this month. With the company unable to repay debt, the government has said it will honor 1MDB’s obligations as it had done since April 2017.

Business

Mavcom sees passenger growth of up to 7%

PETALING JAYA: The Malaysian Aviation Commission (Mavcom) forecasts year-on-year passenger growth of between 6.5% and 7% this year, which is equivalent to between 105.6 million and 106.1 million passengers for 2018.

Business

OCBC Al-Amin’s net profit surges 27% in FY17

KUALA LUMPUR: OCBC Al-Amin Bank Bhd’s net profit surged 27% to RM192mil in the financial year ended Dec 31, 2017 (FY17) from the RM151mil registered in 2016.

Business

EPF contributions up 6.38%

PETALING JAYA: The Employees Provident Fund’s (EPF) annual contributions rose by 6.38% to RM65.52bil in 2017 against a total withdrawal of RM49.40bil.

Business

EPF annual contributions for 2017 up 6.38% to RM65.52bil

KUALA LUMPUR: The Employees Provident Fund’s (EPF) annual contributions for 2017 rose by 6.38 per cent to RM65.52bil against a total withdrawal of RM49.40bil, resulting in net inflows of RM16.12bil for the year.