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Foreign worker migration overhaul

THE management of foreign worker migration processes has long been a contentious issue largely because of many unnecessary layers and costs. Rendered helpless, the biggest victims are often the workers who, based on official data, already number more than a million in the country.

New appointments suggest hidden hands at work

The alternative view - By M. Shanmugam THE television series Yes Minister in the 1980s and its sequel, Yes, Prime Minister, is a political satire on a minister in the British government whose moves to bring about changes is opposed by the civil service.

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Umno to give up control of Utusan?

UTUSAN Melayu (Malaysia) Bhd, the Malay newspaper group that is owned by Umno, is likely to see new owners after it goes through a restructuring.

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Who controls Media Prima?

MEDIA Prima Bhd has always been synonymous with the political party Umno, and with the federal government in Putrajaya.

MyEG, Datasonic drop sharply

KUALA LUMPUR: Shares of MyEG Services Bhd and Datasonic Group Bhd were pummelled after both companies were believed to be linked to graft charges against former deputy prime minister Datuk Seri Ahmad Zahid Hamidi, who is also current Umno president.

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Business news in brief.

Institutional reforms more vital than toll abolishment

FINALLY, the Pakatan Harapan government has admitted that it is not able to fulfil its pre-election pledge of abolishing tolls. For ordinary folk, it will not go down well, for now.

MyEG, Datasonic face furious selldown; telcos lead KLCI lower

KUALA LUMPUR: MyEG Services Bhd and Datasonic Group Bhd saw a steep selloff in late-morning trade on news that the companies had been implicated in graft charges against former deputy prime minister Datuk Seri Ahmad Zahid Hamidi.

Unfounded fear on taxes

The business sector is concerned about new taxes, while investors are dreading a levy on gains from stock markets. But the concerns appear to be unwarranted.

End of an era in banking

The 1MDB blip should not obliterate Nazir’s role in CIMB and the capital markets