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.
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.
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.
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.
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.
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.
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).
KUALA LUMPUR (July 21): The Republic of Singapore has asked Putrajaya to provide a written response to clarify Malaysia’s position on the Kuala Lumpur-Singapore High Speed Rail (HSR) project by July 31, Bernama reported The Straits Times saying yesterday.
KUALA LUMPUR (July 21): Prime Minister Tun Dr Mahathir Mohamad (pictured) is of the opinion that big-ticket items that can “generate wealth” for the country should be exempted from the impending sales and services tax (SST).
KUALA LUMPUR (July 19): Prime Minister Tun Dr Mahathir Mohamad said the planned Kuala Lumpur-Singapore High Speed Rail (HSR) will have to be deferred because it will be difficult to reduce the price of the project.
PUTRAJAYA (July 11): The Singapore government knows what its Malaysian counterpart wants to do with the currently-suspended Kuala Lumpur-Singapore high-speed rail (HSR) project, said Prime Minister Tun Dr Mahathir Mohamad yesterday.