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JAKARTA: Bank Indonesia (BI) has expressed its commitment to continue its role as a standby buyer for government bonds until 2021 to help fund the state budget deficit during the pandemic.
SINGAPORE: One of China’s top liquefied natural gas buyers offered to sell a cargo on the cheap -- and in the throes of winter -- a fresh sign of the massive oversupply that has weighed on the market.
JAKARTA: India is likely to buy more Malaysian palm oil after export levies imposed by top producer Indonesia hit record highs in the past year, B V Mehta, executive director of India’s Solvent Extractors’ Association, said yesterday.
WASHINGTON: The Trump administration is so alarmed that Chinese investors may try to purchase Westinghouse Electric Co’s nuclear business that US officials are trying to find an American or allied buyer for the company instead, two people familiar with the matter said.
Buyer’s perspective: Having won the case at the Tribunal for Home Buyer Claims, commonly known as the Housing Tribunal, and having been granted an award of RM7,500 as compensation for late delivery, the defaulting developer has refused to abide by the award. The developer wants to challenge the award by filing for judicial review (JR) at the High Court. I checked with several lawyers and they say the legal fees and expenses to represent the client would be approximately RM20,000 at the level of the appellate division of the High Court.
LONDON: Richard Branson is seeking a buyer for Virgin Atlantic Airways Ltd. as he struggles to secure a 500 million pound ($618 million) government bailout, the Telegraph reported.
Things should be clearer when the billionaire releases his annual letter to Berkshire shareholders soon
Greatech Technology Bhd’s share price fell to a low of RM5.17 on Wednesday on news that a buyer -- US electric pick-up truck start-up Lordstown Motor Corp-- does not have enough cash for full commercial production.