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Economy 06 Jun 2018 | 2:00 PM

Ismail Bakar is tipped to be new Treasury sec-gen

PETALING JAYA: Datuk Seri Ismail Bakar is set to be appointed as the top bureaucrat at the Treasury, taking over the post left vacant following the removal of Tan Sri Mohd Irwan Serigar Abdullah last month, as the government steps up efforts to clean up the financial mess left by the previous administration.

Analyst Reports 31 May 2018 | 12:00 AM

Maybank 'hold', MMC 'hold', Allianz 'buy', MAHB 'market perform'

MALAYAN BANKING BHD: THE group reported a first quarter 2018 (Q1’18) core net profit of RM1.87bil, a 9.9% increase year-on-year (y-o-y), largely in line with our estimates with Q1’18 earnings representing 23.5% of UOB Kay Hian’s full-year estimates.

Markets 24 May 2018 | 2:21 AM

Short-term pain for Malaysian stock market as clean-up continues

KUALA LUMPUR: As the new Pakatan Harapan coalition-led federal government steps up to review the previous administration’s mega infrastructure projects, the failed 1Malaysia Development (1MDB) and other issues, the stock market is bearing the brunt.

Economy 24 May 2018 | 12:00 AM

Cutting out the wastage and layers

WITH a trillion ringgit of debt staring at us, every sen counts.

Business 18 May 2018 | 12:00 AM

Daimler, Deutsche Telekom settle toll fiasco with Germany for US$3.8bil

BERLIN: Daimler AG and Deutsche Telekom AG agreed to a €3.2bil (US$3.8bil) deal with the German government, ending a spat over the clunky start of a system to collect truck tolls that had become one of the country’s longest running legal disputes.

Business 03 Apr 2018 | 12:00 AM

Mandatory for Go-Jek and Grab to register

Indonesia wants to ensure they meet safety requirements

Business 10 Mar 2018 | 12:00 AM

Iris mulls bidding for connected cars project

IRIS Corp Bhd, which has seen the entry of new shareholders, is looking at putting in a bid to join the bidding for the mandate to undertake a government road tax and insurance initiative for the launch of a connected cars project. The other company which is interested in this project is Green Packet Bhd.

Business 07 Mar 2018 | 12:00 AM

Northport inks privatisation deal

PETALING JAYA: Northport (M) Bhd, a subsidiary of an MMC Group member, has signed a privatisation agreement for the operations of Northport and Southpoint in Port Klang.

Corporate News 28 Dec 2017 | 12:00 AM

Chairman: Port Klang FZ makes great progress this year

PORT KLANG: The Port Klang Free Zone (PKFZ) is taking large strides and has made great progress in 2017.

Business 20 Dec 2017 | 12:00 AM

Didi targets Taiwan expansion with franchising model

BEIJING: Didi Chuxing, the ride-hailing giant that vanquished Uber Technologies Inc in China, is turning to franchising in Taiwan as it expands its business beyond the mainland.