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MELBOURNE: Australia's Arrow Energy Ltd agreed to a fresh takeover offer from Royal Dutch Shell and PetroChina, raised by 6% to A$3.4bil (US$3.1bil) for most of its Australian assets.
LAST year, Malaysia's Transparency International Corruption Perceptions Index rating declined significantly from 5.1 to 4.5. In other words, the perception is that Malaysia is becoming more corrupt. Why is this significant? Given the increasing penalties being legislated in many countries around the world, this may have a direct impact on decisions to invest in Malaysia.
PETALING JAYA: Bank Negara is taking a very tough and serious stand on the procurement of currency-printing contracts.
I RECKON there are more men at the highest echelons of Corporate Malaysia than women. So Father's Day, logically speaking, will be a day when these CEOs and top executives will have to discard their neckties, power suits and Blackberries just to be plain dads to their children.