You have searched for "TIA"
Showing 81-90 of 550
Datuk Seri Najib Tun Razak said on Saturday the government has agreed in principle to the proposal by the Terengganu government to set up the Terengganu Investment Authority (TIA) with an initial fund of RM10 billion.
Terengganu's sovereign wealth fund will be given a boost when Deputy Prime Minister Datuk Seri Najib Tun Razak hands over RM400mil in oil royalties to the state government.
SOVEREIGN funds have been in business for a long time and over the years have been accumulating assets and seeking returns for the vast oil or non-oil resources of a particular country.
THE global economic downturn and financial turbulence has given rise to an overall climate of uncertainty. It is likely that many are having sleepless nights worrying about their hard-earned wealth vanishing into thin air or eroding or worst still, falling into the wrong hands.