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PETALING JAYA: Private equity firm Primus Pacific Partners has lodged an appeal over a New York court’s refusal to hear its US$500mil claim against Goldman Sachs for issues related to the 1Malaysia Development Bhd (1MDB) scandal in Malaysia, reports the Financial Times (FT).
Travel to Kota Kinabalu, Sabah for the Borneo Rhythms of Rimba Wildlife Festival – stay on for the state’s many tourist attractions.
PETALING JAYA: An academic who has done extensive research on the nexus between government-linked companies (GLCs) and political financing said that the new bumiputra agenda should look at wealth inequality among the less privileged Malaysians instead of only one race.
Dr Renard Siew Yung Jhien champions many causes, such as sustainable living, public transportation and being a voice for elderly citizens. Also, he believes that youths are the leaders of today, not tomorrow.
PAKATAN Harapan’s election campaign included a host of promises, most of which are now being pursued without much controversy. But the elephant in the room that the new administration has yet to directly address is Malaysia’s affirmative action programme and its host of race-based policies that favour bumiputras.
PETALING JAYA: It is high time the Government review and amend the rules and regulations governing the tourism industry, say local tourism industry players.
A clutch of Chinese startups are accelerating efforts to get autonomous vehicles onto roads in the world’s biggest auto market, a country their American peers from Alphabet Inc’s Waymo to General Motors Co’s Cruise may find tough to crack.