Tag Archives: financial

Oil headed for the biggest annual decline since the 2008 global financial crisis as US producers and the Organisation of Petroleum Exporting Countries (Opec) ceded no ground in their battle for market share amid a supply glut. Futures slid as much as 1.4 percent in New York, bringing losses for 2014 …

KUALA LUMPUR, Dec 5 (Bernama) — The government will take steps to ease the financial burden of the people if world oil prices rise drastically, said Datuk Seri Najib Tun Razak. The prime minister said the recently introduced controlled flotation of fuel prices would benefit the people as the f …

'Why is PFI late in filing financial statements?' Ong Kian Ming wonders if it is trying to hide growing liabilities. 'Why is PFI late in filing financial statements?'

FREE: Auditing financial statements may be a very labourious examination, but does that mean the AG sits around and twiddles his thumbs while a major scandal involving a company fully owned by the government’s Minister of Finance Inc unfolds right before his eyes? AG can do lots over 1MDBwww.kinibiz …

According to 1MDB’s audited annual financial statements, the fund had RM458.2 million in cash with another RM3.38 billion in both restricted and unrestricted deposits and placement with licensed banks. 1MDB gets 0.7% per year on RM4 bil cash pilewww.kinibiz.comThe average interest rates that 1MDB wa …

1MDB lodges its annual financial report for the year ended March 2014 with the Companies Commission of Malaysia. 1MDB lodges its annual financial reportwww.kinibiz.comState investment fund 1Malaysia Development Bhd (1MDB) claims to have lodged its annual financial report for the year ended March 201 …

PUTRAJAYA, Oct 30 (Bernama) — A multi-agency Special Task Force (STF) spearheaded by the Attorney-General’s Chambers (AGC) has made tremendous inroads to curb financial losses by the government from uncollected taxes and other sources of revenue. Attorney-General Tan Sri Abdul Gani Patai …

KUALA LUMPUR, Oct 16 (Bernama) — The Malaysia Competition Commission (MyCC) has finalised and published its Guidelines on Leniency Regime and Financial Penalties after a nationwide public consultation earlier this year. In a statement here Thursday, the commission said both guidelines were bas …

The government should concentrate on plugging leakages, wastage and financial wrongdoings that have incurred the country a loss of RM6.5 billion the past year, a DAP parliamentarian says. It should focus on this area, rather than be concerned with the implementation of the goods and services tax (GS …

BR1M just Strepsil for sore state of financial leaks ADUN SPEAKS The cure for wealth inequality is a cohesive social policy. BR1M just Strepsil for sore state of financial leaks

KUALA LUMPUR, Sept 30 (Bernama) — The Malaysia Competition Commission (MyCC) today issued a proposed decision in relation to a price fixing agreement between 24 enterprises which are members of the Sibu Confectionery and Bakery Association (SCBA). The 24 enterprises were found infringing Secti …

Although suffering heavy financial problems, Lynas Corp has applied for a Full Operating Stage Licence (FOSL) for its controversial rare earth plant at Gebeng Industrial Zone, Pahang. The plant’s Temporary Operating Licence (TOL) will lapse on Sept 2. According to its quarterly report for the period …

PETALING JAYA: Troubled Malaysia Airlines (MAS) will not be given any more financial support by the Government, said Tourism and Culture Minister Datuk Seri Nazri Aziz. A report out of Dubai quoting Nazri yesterday said the Transport Ministry had been tasked with coming up with an action plan for MA …