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AirAsia seeks a return to Kota Kinabalu Airport Terminal 2
KOTA KINABALU: AirAsia Group Bhd is confident that the government will consider its proposal to return its operations to Terminal 2 of the Kota Kinabalu International Airport (KKIA), which the low-cost airline operator reluctantly left about two years ago.
Boustead Plantations buys Sandakan land, mill for RM397mil
KUALA LUMPUR: Boustead Plantations Bhd is buying 4,915 ha of plantation land in Sandakan, Sabah, inclusive of a 75-tonne per hour palm oil mill.
Boustead Plantations buys Sandakan plantation for RM397m
KUALA LUMPUR: Boustead Plantations Bhd is buying 5,531.25 hectares of plantation land in Sandakan inclusive of a 60-tonne per hour palm oil mill from Sit Seng & Sons Realty Sdn Bhd for an indicative purchase consideration of RM397mil.
Tadmax, Ranhill shares under pressure
KUALA LUMPUR: Shares of independent power producers (IPPs) were under pressure falling by up to 12% at midday following government’s decision in cancelling four IPP deals last week.
Major changes seen in power supply sector
THE POWER sector looks poised for a reset with a push towards renewable energy (RE) and the return of competitive bidding in awarding contracts.
Finance Ministry takes over management of scandal-hit SSER
KUALA LUMPUR: The Finance Ministry has taken over the management of Suria Strategic Energy Resources Sdn Bhd (SSER), a company which is now at the centre of a RM9.4bil pipeline scandal.
Govt appoints new chairman, exco in scandal-hit SSER
KUALA LUMPUR: The Finance Ministry has taken over the management of Suria Strategic Energy Resources Sdn Bhd (SSER), a company which is now at the centre of a RM9.4bil pipeline scandal.
Najib’s claim of China to import US$2 trillion goods - untrue
KUALA LUMPUR: Finance Minister Lim Guan Eng today hit back at ex-Prime Minister Datuk Seri Najib Tun Razak’s claims that China had committed to import goods worth US$2 trillion as part of the two pipeline agreements worth RM9.4bil as there was nothing of that sort documented.
Funding and rating agencies equally at fault
They never once raised the red flag on Malaysia taking on huge loans
MoF reveals RM9.4bil gas pipeline scandal
KUALA LUMPUR: The Finance Ministry (MoF) has discovered two gas line projects totaling RM9.4bil, where 88% of the amount has been drawn down - but only 13% of the work had been completed.
