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KUALA LUMPUR: Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abd Rahman told the High Court that he received a RM93,000 salary when he started the position in 2013.
PETALING JAYA: Growth in the automotive sector is expected to pick up momentum in the coming months, spurred by the sales and services tax (SST) exemption and low financing rates, following the reduction in interest rates.
WHEN Datuk Ir Lawrence Low Ah Keong, 48, was appointed the new chairman of the Port Klang Free Zone (PKFZ) three months ago, port players who knew him brightened up.
Conglomerate posts strong results despite challenges
KUALA Lumpur: Sime Darby Bhd reported a net profit of RM820mil for the financial year ended June 30,2020 compared with RM948mil a year ago despite challenging market conditions due to the Covid-19 outbreak in the second half of FY20.
Partnership is to implement remote monitoring system
KUALA LUMPUR: Icon Offshore Bhd, via its wholly-owned subsidiary Icon Ship Management Sdn Bhd, has entered into a strategic collaboration with Sime Darby Industrial Sdn Bhd (SDISB) in a pilot project to instal the region’s first CAT Remote Fleet Vision (RFV) on board its vessel named Zara.
EVEN before the coronavirus (Covid-19) came into play, there has been nothing much to shout about in terms of corporate earnings.