Lingerie caused loss of RM80mil for Khazanah
KUALA LUMPUR (August 1): Investment in an online lingerie company resulted in losses of RM80 million, one of several bad moves by sovereign wealth fund Khazanah Nasional, Dewan Rakyat was told today.
MRT3 to be revisited when country’s finances improve
KUALA LUMPUR (Aug 1): The mass rapid transit Line 3 (MRT3) project may still see the light of day as the government will be revisiting it if the country’s financial situation improves, according to Finance Minister Lim Guan Eng.
Professionals to run Khazanah
KUALA LUMPUR (Aug 1): Khazanah Nasional Bhd, which saw all its board members resign en masse last week, will continue to be managed by professionals despite having two politicians on its board now, according to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.
Dr M welcomes Khazanah board's en masse resignation offer
KUALA LUMPUR (July 27): Prime Minister Tun Dr Mahathir Mohamad has "welcomed" the offers of resignation from the entire board of Khazanah Nasional Bhd.
Megat Zaharuddin named Felda chairman on two-year contract
KUALA LUMPUR (July 27): Tan Sri Megat Zaharuddin Megat Mohd Nor (pictured), former chairman of the country's biggest bank, Malayan Banking Bhd (Maybank), has been named as the chairman of Federal Land Development Authority (Felda), which is believed to be valid for the next two years.
Khazanah board’s quit offer casts spotlight on govt transparency
KUALA LUMPUR (July 27): The move by all nine Khazanah Nasional Bhd board members to offer their resignation to the government is “appropriate” as it will give the government ample opportunity to reinvent the sovereign wealth fund, said academician Prof Edmund Terence Gomez.
Dr M to hold talks with Chinese foreign minister
KUALA LUMPUR (July 27): Chinese Foreign Minister Wang Yi will hold talks with Prime Minister Tun Dr Mahathir Mohamad on Tuesday, South China Morning Post (SCMP) reported yesterday.
Tun M to decide on Khazanah leadership, says Guan Eng
KUALA LUMPUR (July 26): The final decision on the leadership direction of the government's strategic investment fund Khazanah Nasional Bhd's Board of Directors (Board) will be from prime minister Tun Dr Mahathir Mohamad, said Finance Minister Lim Guan Eng (pictured).
Persiaran Surian traffic lights ‘a temporary solution‘
PETALING JAYA (July 26): At the junction of Persiaran Surian and Jalan PJU 5/1, the traffic lights serve as a temporary solution.
Putrajaya will honour water deal with S’pore, says Saifuddin
KUALA LUMPUR (July 25): Malaysia will honour the water agreement with Singapore, Foreign Minister Datuk Saifuddin Abdullah told The Straits Times (ST) yesterday.
