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Business

Petronas, Saudi Aramco to ink deal during Saudi King's visit

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) and Saudi Aramco will sign an agreement during a visit by Saudi Arabia's King Salman to Malaysia, Prime Minister Datuk Seri Najib Razak said in a statement on Friday.

Business

TNB to appeal to special commissioners on RM2.1bil tax bill

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) and the Inland Revenue Board (IRB) have agreed to settle the dispute over TNB’s RM2.07bil tax bill by the utility firm filing an appeal to the Special Commissioners of Income Tax (SCIT).

Business

Bank Negara appoints Shariah Advisory Council members

KUALA LUMPUR: Bank Negara has appointed the members of the Shariah Advisory Council (SAC) for a period of three years, effective immediately.

Business

Companies Bill 2015 to take effect next year

KUALA LUMPUR: The Companies Bill 2015, which will replace the Companies Act 1965, will be implemented in stages from next year.

Business

Bank Negara has made recommendations on Zeti’s successor

KUALA LUMPUR: Bank Negara board of directors has made its recommendation on the potential successor to outgoing Governor Tan Sri Dr Zeti Akhtar Aziz.

Business

PM: Govt to decide soon on succession plan for new BNM governor

SAN FRANCISCO,: The Government will decide soon on the succession plan for a new Bank Negara governor, said Prime Minister Datuk Seri Najib Tun Razak.

Business

Zeti: Global economic community should note Malaysia’s efforts

KUALA LUMPUR: The global economic community should take note of the economic restructuring that Malaysia has undertaken in recent years to enable the country to thrive on domestic demand.

Business

Jakel Group builds up strong business presence

WHEN Mohamed Jakel Ahmad founded Jakel Trading in Muar, Johor, in 1983 as a carpet wholesale supplier to small traders around the vicinity of Muar, little did he know he had build the foundation for a multi-million ringgit business group based on hard work, strong business ethics, reputation and quality products for his 12 children.

Business

Early business dealings

LOW Teik Jho, or better known as Jho Low (pic), became a noticeable figure in the Malaysian corporate scene when investments from Abu Dhabi in the United Arab Emirates started to make their way to the local shores.

Business

Diary Malaysia Sept 17 Wednesday

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS