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AT a time when the rubber glove industry is expanding with demand still outstripping supply, Supermax Corp Bhd’s move to diversify into another unrelated industry to manufacture contact lenses appears to be quite unconventional.
The 1MDB blip should not obliterate Nazir’s role in CIMB and the capital markets
What’s next for the banking group with Nazir’s impending departure?
PETALING JAYA: It’s the end of an era for the country’s second-largest lender, CIMB Group, as its chairman Datuk Seri Nazir Razak, the face behind the group, will leave, effective Dec 31 this year.
KUALA LUMPUR: CIMB Group Holdings Bhd announced on Monday that its chairman, Datuk Seri Nazir Tun Razak, will be leaving the group by Dec 31, 2018.
KUALA LUMPUR: Public Invest Research does not anticipate a strong quarter-on-quarter performance for AirAsia X Bhd in Q2’18 as yield may be under pressure due to seasonality and a decline in international air travel from Malaysia during the GE13 period.
I have been travelling the last two weeks on holiday, meeting friends and it was a good break from the gripping excitement of post GE14 activities. Honestly, this is the first time I truly miss being at home in Kuala Lumpur. Malaysia is now the happening country of the world with exciting breaking news beamed and going viral every waking hour.
CIMB Group chairman Datuk Seri Nazir Razak, a seasoned banker and the face behind the country’s second largest lender, will leave the banking group. The question is whether he will stay until the end of his current term which ends in March next year or exit the bank earlier than that.
Situation to get better when new Pakatan govt announces economic policies
DATUK Zakaria Arshad remembers how tough it was growing up as a young teenager in a Federal Land Development Authority (Felda) settlement over 40 years ago.