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Nation

Beware of private centres

Many parents are sending their kids to private learning centres instead of schools. But with this growing trend, the Education Ministry wants parents to be cautious about illegal centres that are operating without a proper licence, or no licence at all.

Business

Private equity’s piles of cash have nowhere to go as prices jump

LONDON: With plenty of money and a scarcity of deals, private equity firms’ cash piles are the highest they’ve been since the depths of the financial crisis.

Business

Addressing weak and contracting private investments

PETALING JAYA: The government should seriously look into the causes of the subdued growth in private investments which, if not addressed, could affect the country’s long-term economic goals.

Business

China private education firms tumble as Beijing tightens grip

SHANGHAI/HONG KONG: Chinese private education stocks sank on Friday after Beijing moved to tighten the reins on the early education sector, citing child safety issues that have hit some firms over the last year and saying that others were making too much profit.

Business

Elon Musk considers a private Tesla, shares jump

SAN FRANCISCO: Chief Executive Elon Musk said on Tuesday he is considering taking Tesla Inc private in what would be the largest deal of its type, moving the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight financial constraints.

Business Premium

Rise of private assets built on mountain of new debt

Credit businesses have helped drive the private-equity industry’s expansion but things could get awkward when companies hit trouble

Business

For private equity, Japan still beats China

Japan lost its position as the world’s second-biggest economy to China awhile ago. But it’s beating out its Asian rival in one area at least: private equity.

Business

Fitch: Private consumption to remain strong

PETALING JAYA: While Malaysia’s private consumption may lose some steam this year, it will remain strong and largely unaffected by the broader economic slowdown, according to Fitch Solutions.

Nation

‘Healthcare delivery in public and private wings similar’

KUALA LUMPUR: The Universiti Malaya Medical Centre (UMMC) has assured that its healthcare delivery in both the public and private wings are of similar standards even though the latter appears to have higher breast cancer survival rate than the former.

Nation

Melaka private college fined for conducting unapproved courses

PETALING JAYA: A private college in Melaka has been subjected to legal action for conducting courses without the approval of the private higher educational institutions (IPTS) chief registrar.