Blackstone sees India as top Asian market
India will continue to be Blackstone Inc’s biggest market in Asia and the big equity giant may consider investing in infrastructure in the future, a company executive said on Tuesday. The US-based company, which manages nearly $1 trillion in assets worldwide, said India is one of its best markets. He is optimistic about the South […]
Lynas decision can dampen investor confidence, economist warns
An economist has warned the government that its decision to ban Lynas from importing and processing rare earths after July 1 could affect investor confidence. Investors may see the move as a sign of the government’s willingness to break promises, said Shankaran Nambiar of the Malaysian Economic Research Institute. Stay connected with the latest news […]
Rise in car sales driven by poor public transport, say experts
Transport Commissioner Rosli Azad Khan said that train services such as LRT, MRT and KTM are only available in the Klang Valley and only for highways. That’s why people choose to buy cars regardless of their price,” he told FMT. Last month, the Malaysian Automobile Association said 720,658 cars were sold in 2022, a 41.6% […]
Zaliha to find out woes of hospital workers firsthand
The Minister of Health is Dr. Zaliha Mustafa will meet with health workers to hear what they have to say about overwork and incapacity. He will also meet the heads of health departments and state hospitals at the end of this month to know their real situation. hospitals and the state health department to pay […]
2 brothers win appeal, acquitted of drug trafficking
An appeals court has acquitted two brothers of selling almost a kilogram of cannabis five years ago. A three-member bench presided over by Justice Hanipah Farikullah said the complaint of Rubanraaj Sandanasamy, 27, and his brother, Nagaraja, 35, was well founded. based on section 182A of the Code of Criminal Procedure to properly consider security […]
MACC remands 2, including Datuk, over RM8mil cleaning contract
Malaysia’s anti-corruption agency has fired a ‘Datuk’ and another person over a clean-up deal with Seberang Perai City Council, worth RM8 million. The duo, who were detained for three days, are being investigated for allegedly falsifying their bank accounts to secure a five-year contract with the council. The matter is being investigated under Section 18 […]
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