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Najib not paid for 1MDB role
KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak was not paid anything for his role as chairman of the 1Malaysia Development Berhad (1MDB) advisory board.
TNB to acquire 1MDB's 70% stake in power plant project
KUALA LUMPUR: Tenaga Nasional Berhad (TNB) is to take over 1Malaysia Development Berhad’s (1MDB) Project 3B power plant, said Energy, Green Technology and Water Minister Datuk Seri Maximus Ongkili.
We are women, hear our (financial) roar
In conjunction with International Women’s Day on Tuesday, Sunday Star gets expert advice on helping women to become financially secure.
Ong: Move towards manufacturing value-added products
SEKINCHAN: Malaysia must stop relying on commodities export but instead, move towards manufacturing value-added products, says International Trade and Industry Minister II Datuk Seri Ong Ka Chuan.
Decision on SESB’s future in next four months
KOTA KINABALU: A decision on the future of cash-strapped Sabah Electricity Sdn Bhd (SESB) will be made within the next four months, Datuk Seri Dr Maximus Ongkili said.
Auditor-General lists many wrongdoings within 1MDB as company relied heavily on debt to survive
PETALING JAYA: Poor corporate governance and internal controls within troubled 1MDB led to instances where management action and board decisions were not organised properly, said the Auditor-General in its executive summary of the 1MDB audit report.
Auditor-General lists a litany of issues in 1MDB
PETALING JAYA: Poor corporate governance and internal controls within troubled 1MDB led to instances where management action and board decisions were not organised properly, said the Auditor-General in its executive summary of the 1MDB audit report.
Bandar Malaysia, TRX and other properties
1MDB has three domestic loans totalling RM1.58bil, a term loan of US$150mil, a US$3bil debt programme and a sukuk issue of RM2.4bil to pay for its property assets.
SMEs will benefit greatly, says KCCCI
KLANG: Small and medium-sized enterprises (SMEs) will benefit greatly from the scrapping of the Goods and Services tax (GST).
‘Umrah scammers will pay’
KUALA LUMPUR: The Tourism and Culture Ministry (Motac) is looking at instituting heavier penalties for religious tour operators who cheat consumers with scam umrah (minor pilgrimage) packages.
