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Markets 14 Mar 2019 | 4:47 AM

Malaysian capital market remains resilient despite challenges in global market

KUALA LUMPUR: The Malaysian capital market remained resilient, despite the challenges and volatilities in global markets, said Securities Commission (SC).

Business 27 Oct 2018 | 12:00 AM

Ramsay Sime Darby eyes portfolio expansion

Ramsay Sime Darby Health Care Sdn Bhd (RSDH), the 50% joint venture company of Sime Darby Bhd, is eyeing a strong expansion in Malaysia and the region.

Corporate News 18 Feb 2018 | 10:59 PM

Billion dollar diamond fraud case puts India's state banks in focus

NEW DELHI/MUMBAI: The Punjab National Bank branch in south Mumbai sits just down the road from both the Bombay Stock Exchange and the Reserve Bank of India, at a physical centre of one of the world's fastest growing major economies.

Banking 18 Feb 2018 | 5:40 AM

Indian banks may take more than US$3b hit from Punjab National Bank fraud

NEW DELHI: Indian banks could take a hit of more than $3 billion from loans and corporate guarantees provided to diamond companies at the centre of a massive alleged fraud at the state-run Punjab National Bank, the tax department has estimated.

Corporate News 09 Jun 2017 | 12:00 AM

Scomi says monorail trains are ‘fit for operation’

PETALING JAYA: Scomi Engineering Bhd (SEB), whose subsidiary made the four-car train sets that are currently grounded by Rapid Rail Sdn Bhd, said these trains are “fit for operation” based on full inspection being carried out.

Corporate News 08 Jun 2017 | 10:48 AM

Monorail trains built for Prasarana are ‘fit for operation’ - Scomi

KUALA LUMPUR: Scomi Engineering Bhd (SEB), whose subsidiary made the four-car train sets that are currently grounded by Rapid Rail Sdn Bhd, said these trains are “fit for operation” based on full inspection being carried out.