Sun, 21 Apr 2019, 2:40 AM
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Topic: 3 billion

The Straits Times:
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KUALA LUMPUR - Malaysia is putting its defence spending on the back-burner as the government is channelling more than RM20 billion (S$6.56 billion) to bail out two key Malay institutions, Defence Mini...
Malay Mail:
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TOKYO, April 19 ― Tokyo prosecutors will indict former Nissan chief Carlos Ghosn on a new charge on Monday when his detention period over suspected financial misconduct expires, local media reported...
The Edge Markets:
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PUTRAJAYA (April 18): The operations of the Penang Road Transport Department (RTD) is not affected with the detentions of 24 State enforcement personnel by the Malaysian Anti-Corruption Commission (MA...
theSun:
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PUTRAJAYA: Operations at the Penang Road Transport Department (RTD) will not be affected by the arrest of 24 of its enforcement personnel by the Malaysian Anti-Corruption Commission (MACC), according ...
Malay Mail:
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ISLAMABAD, April 18 — Pakistan’s finance minister Asad Umar has stepped down from cabinet, he announced today, ahead of securing a crucial bailout deal with the International Monetary Fund.
PaulTan.org:
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The Road Transport Department (JPJ) has collected RM4.23 billion in revenue for last year, the bulk of which was from road tax renewals, said transport minister Anthony Loke.
Malay Mail:
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NEW YORK, April 15 — Wall Street stocks were mostly higher as trading opened today following better-than-expected Chinese economic data, although weak IBM results weighed on the Dow.
Free Malaysia Today:
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GEORGE TOWN: Penang Chief Minister Chow Kon Yeow says the state government will continue with the RM6.3 billion undersea tunnel and three roads project as those involved in building it have been clear...
Malay Mail:
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KUALA LUMPUR, April 17 — The government has allocated RM6.3 billion to rescue Federal Land Development Authority (Felda) and another RM17.8 billion on a restructuring plan for Lembaga Tabung Haji...
Malay Mail:
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MILAN, April 16 — Italy’s competition authority said today it had opened an investigation into Amazon for possible abuse of its dominant position in online commerce and logistics.
Malay Mail:
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TAIPEI, April 16 — Foxconn’s Chairman Terry Gou said today he is considering whether to run for Taiwan’s 2020 presidential election, a day after Reuters reported the tycoon planned to step down ...
theSun:
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PETALING JAYA: The government needs to do some clean-up and then build the right foundation for Malaysia to rise up and retake its place among the leading economies globally, Finance Minister Lim Guan...
The Edge Markets:
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Last week, the government said it would allocate RM6.3 billion to rescue the ailing Federal Land Development Authority (FELDA). Economic Affairs Minister Datuk Seri Mohamed Azmin Ali indicated that th...
Malaysiakini:
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The Kuala Lumpur Sessions Court will decide on May 17 when to hear two charges against former Goldman Sachs banker Roger Ng. Sessions Court judge Ahmad Kamal Arifin Ismail said today that he will make...
The Edge Markets:
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KUALA LUMPUR (April 15): Investors turned bearish on Sapura Energy Bhd after second-largest shareholder Tan Sri Shahril Shamsuddin and family sold 600 million shares, or 3.76%, in the group.
Free Malaysia Today:
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A number of political developments and events have unfolded over the past few weeks, casting a pall over Malaysia Baru.
The Edge Markets:
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KUALA LUMPUR (April 12): Based on news flows and corporate announcements today, stocks on focus for April 15 (Monday) might include Sapura Energy Bhd, Dialog Group Bhd, Cycle & Carriage Bintang Bhd, L...
The Edge Markets:
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KUALA LUMPUR (April 12): Sapura Energy Bhd has bagged five new engineering, construction and drilling contracts worth RM1.3 billion.
Malay Mail:
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KUALA LUMPUR, April 12 — Sapura Energy Bhd has bagged five new engineering, construction and drilling contracts worth RM1.3 billion.
Malay Mail:
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KUALA LUMPUR, April 11 — The eye-opening Federal Land Development Authority (Felda) White Paper has found support in Barisan Nasional’s Datuk Seri Hishammuddin Hussein, who also called for a detai...
Malay Mail:
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KUALA LUMPUR, April 11 — Malaysia’s manufacturing sales grew 5.5 per cent in February 2019 to RM65.8 billion compared with last year’s RM62.3 billion, says the Department of Statistics.
Malay Mail:
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KUALA LUMPUR, April 11 — Tan Sri Isa Samad’s trial for one criminal breach of trust (CBT) and nine corruption charges over the inflated purchase price of a Kuching hotel while he was chairman of F...
The Edge Markets:
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KUALA LUMPUR (April 11): Former Federal Land Development Authority (Felda) chairperson Tan Sri Mohd Isa Samad today defends the purchase of PT Eagle High Plantations Tbk (EHP) two years ago as it is t...
Malay Mail:
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WASHINGTON, April 11 — The International Monetary Fund, like governments around the world, has to learn to do more with less and needs to be more effective, US Treasury Secretary Steven Mnuchin said...
theSun:
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KUALA LUMPUR: A total of RM2.7 billion meant to finance the upgrading of Federal Land Development Authority (Felda) plantations was redirected to buy political support instead, it was revealed at the ...
EdgeProp.my:
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PUTRAJAYA (April 10): Several very important persons (VIPs) may be called up to assist police investigations regarding the Federal Land Development Authority (Felda), said Inspector-General of Police ...
EdgeProp.my:
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KUALA LUMPUR (April 10): About RM2.7 billion of the RM10.5 billion generated from the listing of FGV Holdings Bhd was used to secure political support ahead of the 14th general election, says Economic...
EdgeProp.my:
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KUALA LUMPUR (April 10): Some RM1.4 billion of the RM10.5 billion generated from the listing of FGV Holdings Bhd was spent on 'shady transactions', said Economic Affairs Minister Datuk Seri Mohamed Az...
theSun:
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KUALA LUMPUR: Felda started experiencing worsening financial problems and mounting debts after its listing of FGV Holdings Berhad in 2012 and investing in the non-plantation sector.
The Edge Markets:
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PUTRAJAYA (April 10): Several very important persons (VIPs) may be called up to assist police investigations regarding the Federal Land Development Authority (Felda), said Inspector-General of Police ...
theSun:
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KUALA LUMPUR: More police reports are expected to be lodged over the alleged mismanagement at the Federal Land Development Authority (Felda), Economic Affairs Minister Datuk Seri Mohamed Azmin Ali sai...
The Edge Markets:
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KUALA LUMPUR (April 10): About RM2.7 billion of the RM10.5 billion generated from the listing of FGV Holdings Bhd was misused to secure political support ahead of the 14th general election, says Econo...
Malay Mail:
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KUALA LUMPUR, April 10 — Several assets under the Federal Land Development Authority (Felda) will be liquidated to improve the agency’s cash flow and strengthen its financial position, Datuk Seri ...
Malay Mail:
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KUALA LUMPUR, April 10 — Datuk Seri Azmin Ali said police involvement will be sought shortly over the alleged mismanagement of the Federal Land Development Authority’s (Felda) that wiped billions ...
theSun:
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KUALA LUMPUR: Some RM2.7 billion of Federal Land Development Authority (Felda) money meant to upgrade its plantations was used to buy political support before the last general-election, Economic Affai...
The Star:
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HONG KONG: Bytedance Ltd., China’s most valuable startup, has secured a $1.335 billion syndicated loan from a group dominated by Wall Street banks, according to people familiar with the matter.
The Edge Markets:
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AS Malaysia Airlines Bhd awaits its fate, there are renewed calls for it to consider divesting some of its business units such as engineering and cargo to raise capital.
The Edge Markets:
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KUALA LUMPUR (April 10): To address the Federal Land Authority's (Felda) cash flow issues, the federal government has decided to provide immediate financial assistance to ensure the sustainability of ...
Malaysiakini:
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PARLIAMENT | Economic Affairs Minister Azmin Ali had accused Najib Abdul Razak of expediting Felda's efforts to acquire a stake in PT Eagle High Plantations Tbk.
Malay Mail:
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KUALA LUMPUR , April 10 — The government will allocate RM6.3 billion to rescue the ailing Federal Land Development Authority (Felda), according to an Economic Affairs Ministry’s White Paper tabled...
Malay Mail:
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KUALA LUMPUR, April 10 ― The Federal Land Development Authority (Felda) spent RM6 billion from the RM10.5 billion raised in its investment arm’s initial public offering (IPO) in 2012 on loss-makin...
The Edge Markets:
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KUALA LUMPUR (April 10): Some RM1.4 billion of the RM10.5 billion generated from the listing of FGV Holdings Bhd was spent on 'shady transactions', said Economic Affairs Minister Datuk Seri Mohamed Az...
Free Malaysia Today:
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KUALA LUMPUR: Putrajaya will provide state-owned palm oil plantation agency Felda with financial aid of RM6.23 billion (US$1.52 billion) following a government inquiry into the company whose losses an...
Malaysiakini:
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WHITE PAPER | Bad business decisions by Felda Global Ventures Bhd (FGV) and Felda Investment Corporation (FIC) are the main cause of Felda's current cash flow problems.
Free Malaysia Today:
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PETALING JAYA: Indonesia’s Rajawali Group, which sold 37% of its Eagle High Plantations TBK (EHP) to Felda, is attempting to walk away from fulfilling an option to buy back the shares, according to ...
The Star:
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SAN FRANCISCO: Investors could get their first look at hundreds of pages of detailed information about Uber Technologies Inc. as soon as Thursday, as the ride-hailing giant gears up to publicly file for an initial public offering.
Malaysiakini:
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Maldives former president Mohamed Nasheed, whose party won a landslide in the archipelago’s parliamentary election, on Tuesday pledged to conduct a thorough probe into deals with China.
theSun:
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KUALA LUMPUR: The Federal Land Development Authority (Felda) has lodged a police report alleging that it overpaid for a 37% stake in Eagle High Plantations PTK (EHP) in 2015.
theSun:
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KUALA LUMPUR: The Federal Land Development Authority (Felda) has lodged a police report alleging that it overpaid for a 37% stake in Eagle High Plantations PTK (EHP) in 2015.
Malay Mail:
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PARIS, April 9 — The bond sale by energy giant Saudi Aramco has attracted record demand of US$85 billion (RM348.3 billion) from investors, one hour before bidding closed, a banking source told AFP.
Tech in Asia:
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In November 2017, gaming giant Electronic Arts (EA) saw its stock value drop by US$3 billion after it released the highly anticipated video game Star Wars Battlefront II.
Malaysiakini:
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Former premier Najib Abdul Razak has urged the Pakatan Harapan administration to reveal the details of Felda's purchase of a 37 percent stake in Indonesia's Eagle High Plantation (EHP). This following...
The Straits Times:
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PETALING JAYA - The Federal Land Development Authority (Felda) has lodged a police report claiming that former premier Najib Razak had cheated it into investing US$505 million (S$684 million) in an In...
Malay Mail:
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PARIS, April 9 — Societe Generale, France's third-largest bank, unveiled today a plan to cut 1,600 jobs, mainly at its corporate and investment banking arm, in a bid to buoy profitability after last...
Malay Mail:
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KUALA LUMPUR, April 9 — The Federal Land Development Authority (Felda) was duped into buying a 37 per cent stake in Eagle High Plantations TBK (EHP) at higher-than-market prices during the Najib adm...
Free Malaysia Today:
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PETALING JAYA: Najib Razak today defended Felda’s investment in Indonesia’s Eagle High Plantations TBK (EHP), urging the Pakatan Harapan-led government to make public the agreement signed between ...
Free Malaysia Today:
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PETALING JAYA: Felda lodged a police report yesterday claiming it was cheated by Najib Razak into investing US$505 million (RM2.3 billion) in an Indonesian plantation firm owned by a friend of the for...
EdgeProp.my:
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KUALA LUMPUR (April 9): Federal Land Authority (Felda) director general Datuk Othman Omar had yesterday evening lodged a police report at the police commercial crime unit here, claiming that it was ch...
Malaysiakini:
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Felda has lodged a police report alleging it was cheated into purchasing a 37 percent stake in Indonesia's Eagle High Plantations TPK (EHP) for US$505 million (RM2.3 billion), by former prime minister...
The Edge Markets:
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KUALA LUMPUR (April 9) - Federal Land Authority (Felda) director general Datuk Othman Omar had yesterday evening lodged a police report at the police commercial crime unit here, claiming that it was c...
The Edge Markets:
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KUALA LUMPUR (April 9) - Federal Land Authority (Felda) director general Datuk Othman Omar had yesterday evening lodged a police report at the police commercial crime unit here, claiming that it was c...
The Edge Markets:
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SUBANG JAYA (April 8): Sunway Real Estate Investment Trust (REIT) has received the green light from its shareholders for its proposal to acquire three tracts of land which house Sunway College and Sun...
theSun:
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PUTRAJAYA: Lembaga Tabung Haji (TH) today announced a hibah (dividend) of 1.25%, which amounts to a payout of RM913 million to its depositors for the 2018 financial year.
EdgeProp.my:
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KUALA LUMPUR (April 5): The Dewan Rakyat yesterday approved the supplementary budget of RM19.6 billion proposed by Finance Minister Lim Guan Eng. The approval came after the third reading of the Su...
EdgeProp.my:
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KUALA LUMPUR (April 5): Suria Strategic Energy Resources Sdn Bhd (SSER), a subsidiary of the Ministry of Finance which carried out two petrochemical and gas pipeline projects worth RM9.4 billion was ...
theSun:
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KUALA LUMPUR: Suria Strategic Energy Resources Sdn Bhd (SSER), a subsidiary of the Ministry of Finance, which carried out two petrochemical and gas pipeline projects worth RM9.4 billion was today fine...
The Edge Markets:
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PUTRAJAYA (April 5): Lembaga Tabung Haji (TH) today announced a hibah (dividend) of 1.25 percent, which amounts to a payout of RM913 million to its depositors for the 2018 financial year.
Malaysiakini:
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The Lembaga Tabung Haji today announced a hibah (dividend) of 1.25 percent, amounting to a payout of RM913 million to its depositors for the 2018 financial year.
Free Malaysia Today:
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KUALA TERENGGANU: Bank Negara Malaysia will continue to improve cooperation with the finance industry to ensure entrepreneurs who are qualified and in need can obtain financing.
The Edge Markets:
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KUALA LUMPUR (April 5): Suria Strategic Energy Resources Sdn Bhd (SSER), a subsidiary of the Ministry of Finance which carried out two petrochemical and gas pipeline projects worth RM9.4 billion was t...
The Edge Markets:
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KUALA TERENGGANU (April 5): Bank Negara Malaysia will continue to improve cooperation with the finance industry to ensure entrepreneurs who are qualified and in need, can obtain financing.
Malaysiakini:
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Suria Strategic Energy Resources Sdn Bhd (SSER), a subsidiary of the Finance Ministry which carried out two petrochemical and gas pipeline projects worth RM9.4 billion, was today fined RM18 million by...
Free Malaysia Today:
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KUALA LUMPUR: Former prime minister Najib Razak’s 1MDB trial will finally begin on May 14, with the High Court setting new dates after being informed that the previous trial dates were taken by Naji...
Malay Mail:
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KUALA LUMPUR, April 5 — Suria Strategic Energy Resources Sdn Bhd (SSER), a subsidiary of the Ministry of Finance which carried out two petrochemical and gas pipeline projects worth RM9.4 billion was...
Malaysiakini:
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The Maldives heads for a parliamentary election on Saturday with President Ibrahim Mohamed Solih seeking a majority for his party to investigate debts to China, which it fears could run as high as US$...