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1MDB settles full payment to IPIC

1MDB settles full payment to IPIC

1MDB says the payment is due to IPIC by 31 December 2017.
Wed Dec 27 2017
1MDB makes payment to IPIC

1MDB makes payment to IPIC

1MDB has issued a statement to say that they have made the necessary payment to International Petroleum Investment Company PJSC (IPIC).
Fri Aug 11 2017
IPIC to 1MDB: You have 5 days

IPIC to 1MDB: You have 5 days

Failure to do so would mean that both MOF Inc. and 1MDB would be subjected to additional obligations to both IPIC and to Aabar Investments PJS.
Tue Aug 01 2017
Bilateral tie a factor in 1MDB-IPIC settlement

Bilateral tie a factor in 1MDB-IPIC settlement

The arbitration settlement between 1Malaysia Development Bhd (1MDB) and International Petroleum Investment Company (IPIC) was made to preserve the relationship between Putrajaya and Abu Dhabi.
Wed Apr 26 2017
1MDB and IPIC agree on arbitration settlement

1MDB and IPIC agree on arbitration settlement

1Malaysia Development Berhad (1MDB) and International Petroleum Investment Company (IPIC) have agreed on a settlement of the arbitration proceedings at the London Court of International Arbitration.
Mon Apr 24 2017
RTM not interested to broadcast 1MDB debate 'live' - Salleh

RTM not interested to broadcast 1MDB debate 'live' - Salleh

He said debates on 1MDB were no longer relevant because the Public Accounts Committee and Auditor-General had concluded their probes.
Tue May 17 2016
1MDB denied transfer of funds - Arul Kanda

1MDB denied transfer of funds - Arul Kanda

1MDB president Arul Kanda Kandasamy today denied allegations that the company had transferred funds to any third party, other than the intended beneficiary.
Mon Jun 08 2015
US$1 billion payment from IPIC is not a loan or bail out, says 1MDB

US$1 billion payment from IPIC is not a loan or bail out, says 1MDB

1MDB said the US$1 billion payment from IPIC is is a business transaction, not a loan or bail out.
Sun May 31 2015
IPIC to inject USD1 billion to repay 1MDB's debt

IPIC to inject USD1 billion to repay 1MDB's debt

International Petroleum Investment Company (-IPIC-) and its subsidiary Aabar Investments (-Aabar-) will inject RM1 billion to repay 1Malaysia Development Berhad's debt.
Fri May 29 2015
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024