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Federal govt records RM112.53 mln loss on disposal of astronautic shares - Audit report

Federal govt records RM112.53 mln loss on disposal of astronautic shares - Audit report

Astronautic Technology shares were sold for RM50,000, based on net present value after all assets and liabilities were zeroised.
Mon Oct 14 2024
Malaysia records current account surplus of RM253.4 mln in 4Q 2023

Malaysia records current account surplus of RM253.4 mln in 4Q 2023

The total financial assets position was valued at RM2.40 trillion, while total liabilities were RM2.28 trillion.
Fri Feb 16 2024
PM Anwar: No plans to reinstate GST, introduce any broad-based consumption tax

PM Anwar: No plans to reinstate GST, introduce any broad-based consumption tax

Anwar said other measures will be taken to reduce expenditures and settle the government's liabilities and debt worth RM1.5 trillion.
Tue Feb 14 2023
National debt, liabilities totalling RM1.5 trillion must be addressed - PM Anwar

National debt, liabilities totalling RM1.5 trillion must be addressed - PM Anwar

Anwar said the country's economic position is still not strong and also affected by external developments.
Tue Jan 17 2023
There is more to the country's economy, not just the Ringgit - BNM Governor

There is more to the country's economy, not just the Ringgit - BNM Governor

The governor said Malaysia has a strong external position with more foreign currency assets than foreign currency liabilities.
Mon Oct 03 2022
Liabilities of federal agencies increase but loan ratio still under control - AG Report

Liabilities of federal agencies increase but loan ratio still under control - AG Report

The liabilities for 123 federal agencies increased RM27.5 billion, or 7.8 pct, to RM379.46 billion in 2020 compared to RM351.96 billion in 2019, due to an increase in loan balances.
Tue Mar 22 2022
Tabung Haji financially healthy, aims for stable profit distribution

Tabung Haji financially healthy, aims for stable profit distribution

Lembaga Tabung Haji's total assets stood at RM81.85 billion and total liabilities were RM78.17 billion.
Wed Mar 03 2021
SME Bank's financial performance at stable level - AG Report

SME Bank's financial performance at stable level - AG Report

The auditing conducted on Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) found that its financial performance was at a stable level.
Mon Aug 24 2020
Japanese airbag maker Takata files for bankruptcy, gets US sponsor

Japanese airbag maker Takata files for bankruptcy, gets US sponsor

In one of Japan's biggest bankruptcies, Takata is facing tens of billions of dollars in costs and liabilities resulting from almost a decade of recalls and lawsuits.
Mon Jun 26 2017
Air bag maker Takata to file for bankruptcy this month: sources

Air bag maker Takata to file for bankruptcy this month: sources

Takata Corp, the Japanese company facing billions in liabilities stemming from its defective air bag inflators, is preparing to file for bankruptcy as early as next week.
Fri Jun 16 2017
Indonesia set to collect trillions of rupiah from Google

Indonesia set to collect trillions of rupiah from Google

The Indonesian government is set to collect trillions of rupiah from Singapore-based Google Asia Pacific Pte Ltd in outstanding tax liabilities over the last five years.
Wed Sep 21 2016
Najib: FPC to form fiscal risk technical committee

Najib: FPC to form fiscal risk technical committee

The committee is responsible for evaluating and proposing measures to rein in the Federal Govt's fiscal risks and unexpected liabilities.
Wed May 25 2016
Najib: 1MDB needs time to develop or liquidate asset

Najib: 1MDB needs time to develop or liquidate asset

1Malaysia Development Bhd (1MDB) needs time to develop or liquidate its assets and pay off its debt, said Prime Minister Datuk Seri Najib Tun Razak.
Thu Apr 09 2015
Three water concessionaires agree for Selangor to take over

Three water concessionaires agree for Selangor to take over

Three water concessionaires have so far agreed to accept the Selangor government's offer to take over their water equity, assets and liabilities.
Sat May 17 2014
Japanese company take over NFCorp's assets and liabilities

Japanese company take over NFCorp's assets and liabilities

NFCorp clarified that Japanese company, Kirimitonas Agro Sdn Bhd, has agreed to purchase its entire shares and related companies.
Thu Jul 25 2013
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024