Only one RM5m development project discontinued — Economic Affairs Ministry
KUALA LUMPUR (Aug 6): Only one development project allocated RM5 million has been discontinued, while 278 projects allocated RM1.
Azmin to issue statement on KL-S'pore HSR
KUALA LUMPUR (Aug 6): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said his ministry will issue a statement at a later stage on details of the planned Kuala Lumpur-Singapore High Speed Rail (HSR).
Investors await clarity on Khazanah’s objectives after leadership changes
KUALA LUMPUR (Aug 6): With the new leadership at Khazanah Nasional Bhd taking shape, investors and market watchers await clarity on the sovereign wealth fund’s future direction.
Pengurusan Air Selangor offers RM2.55b to buy Splash — Selangor CM
SUBANG JAYA (August 3): Pengurusan Air Selangor Sdn Bhd is offering RM2.
Malindo Air’s Kuala Lumpur-Labuan route takes flight
PETALING JAYA (Aug 2): Malindo Air launched its daily Kuala Lumpur-Labuan flights today, improving access to the duty-free island and potentially its economic and tourism development, reported Bernama.
Cabinet approves one-month extension for Splash takeover negotiations
PETALING JAYA (Aug 2): The cabinet has approved a month-long extension for the Selangor state government to negotiate the acquisition of Syarikat Pengeluar Air Selangor Holdings (Splash), reported the New Straits Times.
AirAsia's Fernandes expresses confidence in having LCCTs in KL, Penang, KK
KUALA LUMPUR (Aug 1): AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes said he is confident the government will allow for the set-up of three low-cost carrier terminals (LCCTs) in the country.
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.
‘Tech adoption key in Khazanah’s 2nd GLC revamp’
KUALA LUMPUR (Aug 1): As Khazanah Nasional Bhd moves to implement the second programme to revamp government-linked companies (GLCs), it hopes to accelerate the level of technological adoption by its portfolio of companies under the five-year Transformation 2.
Azman Mokhtar clocks out of Khazanah after 14-year stint
KUALA LUMPUR (Aug 1): Tan Sri Azman Mokhtar (pictured) clocked out of Khazanah Nasional Bhd for the very last time yesterday after 14 years of service as the managing director (MD) of the strategic investment fund.
