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Petroleum Investment Company

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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
1MDB continues to meet debt obligations

1MDB continues to meet debt obligations

1MDB on June 29, 2016, paid the RM1.579 million interest coupon on the RM2.4 billion Bandar Malaysia sukuk due 2024.
Tue Jul 05 2016
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
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024