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1MDB intended to pay off its bank loans, debts from IPO proceeds, court told

1MDB intended to pay off its bank loans, debts from IPO proceeds, court told

The High Court here today heard that the 1Malaysia Development Berhad (1MDB) intended to use the proceeds from its Initial Public Offering (IPO) to pay off its existing bank loans and debts.
Thu May 27 2021
'Without a loan Lee Beauty Saloon, Hj Salleh Mi Kolok, Surjit Kaur Company can only last a month'

'Without a loan Lee Beauty Saloon, Hj Salleh Mi Kolok, Surjit Kaur Company can only last a month'

SMEs can survive only a month without bank loans to obtain cash assistance following the enforcement of the Movement Control Order (MCO).
Mon Apr 06 2020
1MDB has no bank loans, short-term debt - MoF

1MDB has no bank loans, short-term debt - MoF

The ministry says 1MDB had fully settled all its debts in 2015 and 2016.
Thu Mar 30 2017
Selangor poverty guidelines make B40 groups hard to get bank loans - assemblyman

Selangor poverty guidelines make B40 groups hard to get bank loans - assemblyman

The poverty guidelines made out the B40 group to be poor and thus not eligible to apply for bank loan.
Tue Nov 01 2016
A scheme to assist first-time home buyers in 2017 Budget

A scheme to assist first-time home buyers in 2017 Budget

It is to tackle the problem faced by Malaysians, especially the young, who could not get full bank loans due to their low starting salary.
Thu Sep 01 2016
Parliament: 488,787 Malaysians barred from leaving country due to various reasons

Parliament: 488,787 Malaysians barred from leaving country due to various reasons

Up to Oct 19 this year, a total of 488,787 Malaysians have been barred from leaving the country due to various reasons, according to the Home Ministry.
Thu Dec 03 2015
Bank Negara must ease regulation on loans for PPR - Rahman Dahlan

Bank Negara must ease regulation on loans for PPR - Rahman Dahlan

Bank Negara has been urged to simplify the rules governing bank loans for the low-income group to buy houses under the People's Housing Project (PPR).
Thu Nov 26 2015
1MDB did not receive RM42 billion from government, says book

1MDB did not receive RM42 billion from government, says book

According to the "1MDB: Siapa Kata Tidak Dijawab" book, the RM42 billion fund's debts were in the form of bank loans, bonds and sukuk.
Fri Sep 04 2015
Performance-based incentive system for SMEs by 2016: Najib

Performance-based incentive system for SMEs by 2016: Najib

The incentives, which could include tax exemption, transport rebates and bank loans, will be based on criteria such as productivity, export value and job creation.
Fri Jun 26 2015
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024