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Will third national car project use public funds, Wee asks LGE

PETALING JAYA: Will public funds be used for the proposed third national car project, asks MCA president Datuk Seri Dr Wee Ka Siong, demanding clarification from Finance Minister Lim Guan Eng.

Wee derides Lim over car project using public funds

PETALING JAYA: MCA has taken the finance minister to task over his assurance that no public funds would be used for the third national car project, but it has now been revealed that it will be funded by a government-linked corporation (GLC).

EU document says Czech PM in conflict of interest over Brussels funds

BRUSSELS (Reuters) - Billionaire Czech Prime Minister Andrej Babis has a conflict of interest over EU funds received by companies in which he is a beneficiary and should cut ties with the firms, according to a European Commission legal opinion seen by Reuters.

Umno claims funds seized by police actually belong to the party

PETALING JAYA: Umno is seeking to recover party funds seized by police while it was being transferred to Umno's acting leadership after Datuk Seri Najib Tun Razak had resigned.

Romanian MP targeted by prosecutors named to head EU funds ministry

BUCHAREST (Reuters) - Romanian Prime Minister-designate Viorica Dancila announced on Friday the creation of a new ministry to handle European Union funds and nominated as its head a lawmaker whom anti-corruption prosecutors have tried to investigate.

Turkey says EU funds not being actively used for needs of Syrian refugees

ISTANBUL (Reuters) - A substantial portion of the funds promised by the European Union (EU) to help Syrian refugees in Turkey is still not being used actively to meet their needs, Turkey's EU Ministry said on Saturday.

EU Parliament begins procedure to lift Le Pen immunity over alleged funds misuse

BRUSSELS (Reuters) - European Union lawmakers began on Wednesday a process to lift French presidential candidate Marine Le Pen's immunity over alleged misuse of EU funds, although they will not summon her before next week's run-off vote.

EPF members can now invest in funds that are invested 100% overseas

PETALING JAYA: Employees Provident Fund (EPF) members are now allowed to invest in unit trust funds that are fully focused on investing overseas.

EU eyes shifting some development funds towards tackling migration crisis

BRUSSELS (Reuters) - Talks to shift some funds away from fostering development in the European Union's poorer eastern regions towards handling a large migrant influx mainly into its west may cause fireworks at a meeting of EU finance ministers on Friday.

Hungary grappling with suspension of vital EU funds

BUDAPEST (Reuters) - The European Union has suspended most development programmes in Hungary due to shortcomings with the schemes and the country could end up losing 600 billion forints (1.7 billion pounds) in EU funds this year, the government said.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.