UEM Sunrise issues RM50m sukuk

KUALA LUMPUR (Feb 16): UEM Sunrise Bhd has made its inaugural issuances of Islamic Commercial Papers (ICPs) and Islamic Medium Term Notes (IMTNs), with a nominal value of RM10 million and RM40 million respectively.

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Sheda: Minimum wage hike may increase unemployment rate

KUCHING (Feb 8): An increase of the minimum wage may lead to an increase of unemployment rate as employers may end up hiring fewer workers due to the high cost, said Sarawak Housing and Real Estate Developers’ Association (Sheda) president Augustine Wong Chung Ho.

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