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Virus prompts carmakers to make face masks
BEIJING: A shortage of face masks has prompted Chinese companies from car manufacturers to energy providers to start making their own to help fight the coronavirus.
High-profile corruption cases that shook the corporate world
IT is no secret that corruption and bribery is rampant in the corporate world. Across the globe, many corporations have offered – and continue to offer – some form of payment in return for contracts or favours from government or other companies.
Govt negotiating with winning bidder to manage its fleet of cars
KUALA LUMPUR: The government is undertaking a negotiation process with the winning bidder to finalise the concession to manage the government’s fleet of vehicles, Treasury secretary-general Tan Sri Ahmad Badri Mohd Zahir said.
Health move by HK banks
HONG KONG: Global banks from Credit Suisse Group SA to Morgan Stanley are telling Hong Kong staff to work from home for two weeks if they’ve just visited mainland China, as they step up their response to the outbreak of the deadly coronavirus.
Government picks Naza-Berjaya for fleet management job
PETALING JAYA: The government is said to have picked the Naza-Berjaya consortium for the long-term contract to supply, maintain and manage its huge fleet of official cars and police patrol vehicles after nearly a year of competitive bidding process.
Tug-of-war on golden share’s purpose
FOR months, the question was who will get it. The bidding war for the prized asset that is PLUS Malaysia Bhd attracted bidders far and near, with many of the local personalities the ones that have eyed the expressway company before.
Top 20 stock picks for 2020
With the arrival of a new decade, analysts and fund managers present to StarBizWeek 20 stock picks which they opine will outperform the market.
CGS-CIMB Research retains Neutral on telcos, Axiata top pick
KUALA LUMPUR: CGS-CIMB Equities Research keeps its Neutral rating on the Malaysian telco sector, given weak mobile and fixed revenue growth prospects.
HBA: Maintain 3% deposit
KUALA LUMPUR: The Housing and Local Government Ministry has exempted 122 developers from having to pay the requisite 3% deposit of gross construction cost between 2016 and November 2019 when undertaking housing development projects.
The ‘deep state’ is hard to dismantle
THE term “deep state” is new to many. However, one thing is becoming clear – it is a tool that politicians are increasingly using as an excuse to camouflage their short-comings