News

KUALA LUMPUR: Malaysian manufacturers have expressed optimism about the outlook for output in the coming year, although the overall degree of sentiment waned to the softest since last October. Read full story

INDIA wants to go on trading with Russia for reasons that are more practical than to swipe at the West. For one thing, New Delhi relies heavily on Moscow for defence procurement, a dependency that will be hard to shed overnight with new suppliers. Read full story

AS environmental, social and governance (ESG) practices become a topical subject among investors today, it’s not surprising to see more real estate players either acknowledging or embracing its importance. Read full story

FOLLOWING the announcement of a series of proposals with a combined acquisition value of RM157.6mil by Lim Seong Hai Capital Bhd (LSH Capital) after its first annual general meeting on March 28, the company’s shares saw a surge of 19% to 50 sen when it resumed trading on March 29. Read full story

THE stakes are high for Datuk Anuar Mohd Taib, the group CEO of ailing Sapura Energy Bhd. He faces the daunting task of overseeing one of corporate Malaysia’s largest ever debt restructurings, a problem which he inherited when he joined the group in 2020. Read full story

HOW seriously does corporate Malaysia take governance issues? Read full story

AT the SOBA 2021 Gala Night, the winners of the Star Outstanding Business Awards (SOBA) 2021 were recognised as the cream of the local non-listed business community. Read full story

THE Asian financial crisis in 1997-98 had wreaked havoc on Asian currencies and equities, including Malaysia. With both financial and corporate sectors in distress, banks had to be recapitalised and kept liquid by removing non-performing loans, while corporates underwent restructuring. Read full story