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last updated: 18-Oct-2017 4:56 PM

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Boustead sells estate in Johor 22-Dec-2016 6:00 AM

PETALING JAYA: Boustead Plantations Bhd (BPB) plans to sell its 76.1% stake in a subsidiary with 995.5 ha plantation land in Johor, to the state’s investment arm Permodalan Darul Ta’zim Sdn Bhd for RM60 million cash. PDT already owns a 23.9% stake i...

Bank Negara to host inaugural financial carnival 20-Dec-2016 6:00 AM

PETALING JAYA: Bank Negara Malaysia (BNM), in collaboration with the financial industry will organise the inaugural “Karnival Kewangan” (financial carnival) at the Putra World Trade Centre (PWTC) from Jan 13 to 15, 2017. In a statement yesterday, BNM...

ICAEW : BNM's export earnings policy will help stem downfall of ringgit 7-Dec-2016 4:00 PM

KUALA LUMPUR: Bank Negara Malaysia's (BNM) new policy requiring exporters to convert 75% of export earnings to ringgit will help to stem the downfall of the currency, said ICAEW economic advisor Priyanka Kishore. "It is going to lead to a slower degr...

ACCCIM supports central bank’s currency stabilising measures 6-Dec-2016 6:00 AM

PETALING JAYA: The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) is positive on Bank Negara Malaysia’s (BNM) latest measures to stabilise the ringgit despite some quarters urging that it will affect earnings of exporters. ...

Perisai Petroleum must submit restructuring scheme to CDRC by Jan 10 22-Nov-2016 6:00 AM

PETALING JAYA: Perisai Petroleum Teknologi Bhd has until Jan 10, 2017 to submit a restructuring scheme to the Corporate Debt Restructuring Committee (CDRC). Perisai sought the committee’s help to mediate with its lenders after defaulting on a US$125 ...

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