SINCE Cahya Mata Sarawak Bhd( CMS) began its restructuring some time ago, the conglomerate has been making some notable moves. That has included a significant revamp in its board and top management line-up; strengthening internal controls and risk management; and more recently diversifying into the energy sector via the acquisition of Scomi Oilfield Ltd. But perhaps the most significant is the latest announcement that it plans to divest its entire 25% stakes in OM Materials( Sarawak) Sdn Bhd( OM

$ 120mil is a fair deal and will unlock the value of its investment and free up working capital, says

platforms and exploring 5G applications which would add value to the highway communities.... “ Through

It controls the automaker through a special class of stock and is leery of losing influence over the 118-year-old company, said the people, who didn’t want to be identified revealing internal deliberations.... Splitting up engineering and operations at a carmaker, where some engineers and factories create and build both types of vehicles, is no easy task, one of the people said.... Carmakers also need to lower labor costs.“ Ford is making great progress in electric, ” Morgan Stanley analyst Ad

KNM Group Bhd’s proposed sale of German-based unit Borsig GmbH is expected to improve the group’s cash position and enhance its financial capability to undertake contracts for the fabrication of process equipment and renewable energy( RE) projects.“ The sale is a strategic opportunity to monetise our assets, to allow us to achieve our business plans and objectives, ” group CEO and executive director Terence Tan tells StarBizWeek. Borsig and its subsidiaries are involved in the manufacturing of p

and rent out properties themselves, a unique value proposition that distinguishes Real Estate

partnerships will unlock immense value for the domestic RE ecosystem, Sumant Sinha, chairman and

-value jobs. Two of the targets are to attract RM50bil investments in the digital economy and create

The next Democratic nominee, Michael Dukakis, promoted a different revenue-raising plan: Tougher enforcement of existing tax laws.... Though Dukakis also lost, his young economic adviser Larry Summers never dropped the idea.... " There's an estimation of somewhere between$ 700 billion and$ 1.3 trillion if we hire up more IRS agents and we go after those folks who are avoiding taxes at the top end," Biden told MSNBC last week....

The previous high in retail inflation was 6.93 per cent in November 2020.As per the data on CPI, factored in by the RBI while arriving at its monetary policy, the steepest price rise was witnessed in the' oils and fat' segment, which on an annual basis showed an increase of 30.84 per cent. The May CPI data released by the National Statistical Office( NSO) further revealed that the rate of price rise in' meat and fish',' egg',' fruits', and' pulses and products' stood at 9.03 per cent, 15.16 per