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The government has received the remittance of RM336mil (US$80mil) from Deloitte PLT related to the 1Malaysia Development Bhd (1MDB).
SINGAPORE: A small army of about 380 construction workers should be hammering away as the luxury condominium Meyer House nears completion, but the shortfall in foreign labour has left the site with just 230 men on the job.
The US Department of Justice has remitted about RM1.9bil (US$452.4mil) of seized 1MDB funds to the Malaysian government, according to a statement by the Finance Ministry.
IHH Healthcare Bhd’s moves in the week to expand into Serbia through its Turkish subsidiary Acibadem Healthcare Group goes in some way to help diversify the group’s revenue base as a whole.
KUALA LUMPUR (Bernama) -- Tan Sri Shahril Shamsuddin is retiring from Sapura Energy Bhd today as its president and group chief executive officer (CEO), and will be succeeded by Datuk Mohd Anuar Taib, who takes over the helm beginning March 23, 2021.
The region offers huge opportunities for returns
PETALING JAYA: At a time when there is an increased attention on whether foreign investors are ditching Malaysia for other Asean countries, the Statistics Department reveals that the rate of return on foreign direct investments (FDI) in the country has dropped sharply in the past decade.
KUALA LUMPUR: Sime Darby Plantation Bhd (SDP) emphasised that the welfare of its workers is of paramount importance and it has taken all necessary steps to find equitable solutions amid the unprecedented circumstances and the challenges at present.