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PETALING JAYA: There is a slump in car sales now, but dealers and automobile companies are going on an all-out price war to get the vehicles moving.
THE Penang second edition of the Mampu Art Market features art pieces by more than 25 local artists at the China House in Penang.
PETALING JAYA: Felda, the parent company of Felda Global Ventures Holdings Bhd (FGV), would require a capable partner to share the burden of financing should the listed plantation entity be taken private, analysts say.
HONG KONG: McDonald’s Corp has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd and Carlyle Group LP for up to US$2.1bil, seeking to expand rapidly without using much of its own capital.
SHAH ALAM: Former Tekun Nasional managing director and chief executive officer Datuk Abdul Rahim Hassan was charged at the Sessions Court here with two counts of corruption.
KUALA LUMPUR: Majlis Amanah Rakyat's (Mara) subsidiary Mara Inc has relinquished one of its four properties in Australia in a bid to clear bank borrowings there.