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OSLO: Norway’s US$950bil sovereign wealth fund – the world’s biggest – is about to make history as it prepares to liquidate assets to cover government withdrawals
TOKYO (Reuters) - After the postponement of the Tokyo 2020 Games following the coronavirus outbreak, Paralympics chief Andrew Parsons is focused on consolidating losses and protecting smaller national federations stung by the change.
PETALING JAYA: The coronavirus (Covid-19) pandemic may result in a dip in overall power demand but Tenaga Nasional Bhd’s (TNB) earnings are expected to remain unaffected.
IN FINANCIAL terms, cashflow is akin to the bloodstream of a human being – as much as a healthy bloodstream is key to a person’s vitality, so is a healthy cash flow to a person’s financial wellbeing.
BUMI Armada Bhd can expect incoming cashflow from its floating production, storage and offloading (FPSO) unit Olombendo, by this week as oil production from project offshore Angola will commence ahead of initial estimates.
LONDON (Reuters) - BP has turned a corner after the Gulf of Mexico disaster, its chief executive said on Tuesday, predicting the British oil firm would now return to output and cashflow growth and rejecting calls for a fundamental restructuring of the group.
UNDER new management, fast food operators QSR Brands Bhd and KFC Holdings (M) Bhd (KFCH) produced significantly improved earnings and cashflow in their third quarter (Q3) ended Sept 30. KFCH chief operating officer C.W. Toh told I>StarBiz/Iyesterday these are the company's best results since quarterly reporting started in 1999 in this country.
KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) is experiencing “short term” cashflow problem with the ability to pay its debts, said Finance Minister II Datuk Seri Husni Hanadzlah.
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) is on the lookout for local or global investors for its Seri Tanjung Pinang Phase 2A (STP2A) project to reduce risk and manage the group’s cashflow.