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Shane Gong is Managing Director of Evercore’s Private Capital Advisory group
KUALA LUMPUR: Evercore today announced that Shane Gong has joined its Private Capital Advisory group (PCA) as Managing Director, leading the business across the Asia Pacific region, focusing on institutional investors and fund sponsors. To be based in Singapore, he has over
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SMEs urged to be strong to weather economic challenges
KUALA LUMPUR: Small and medium-sized enterprises (SMEs) need to be strong to withstand all the onslaughts and challenges coming their way, said The BrandLaureate world president Dr KK Johan. He said the SMEs, which are the country’s economic backbone, had
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2020 Forbes Malaysia Rich List: Robert Kuok retains top spot but wealth shrinks
SINGAPORE: Malaysia’s slowing economy, now getting hit by COVID-19 outbreak, has taken a toll on its tycoons, according to Forbes Asia in releasing it’s 2020 Forbes Malaysia Rich List today. Forbes Asia said the wealth of the country’s 50 richest fell
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MIEA: First-time buyers, renters should engage professional agents
KUALA LUMPUR: First-time property buyers and renters who are unfamiliar with real estate transactions should consider engaging the services of a registered estate agent or negotiator. In light of the endless number of cheating cases involving illegal brokers, the Malaysian
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COVID-19: Emirates airline asks staff to take one-month unpaid leave
DUBAI: Major international airline, Emirates is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus that has led to flight cancellations around the world. Emirates has cancelled flights to
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U.S. futures climb, yen dips, Asia stocks mixed
U.S. stock futures rose after early wins in the Super Tuesday primaries by Joe Biden lessened the chance of the Bernie Sanders nomination that had unsettled some investors. The yen dipped and Japanese equities recouped early losses. Futures on the
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BNM cuts OPR by 25 bp to 2.50%
KUALA LUMPUR: The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 2.50% at its meeting today. In a statement today, BNM said the ceiling and floor
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Political intervention in corruption case involving UMNO leaders
I refer to statements by political and non-political parties calling for no political intervention in the case of corruption involving UMNO leaders. (And investigation of corruption cases against PAS leaders) The call is of course a futile call and a
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Khazanah, govt to further review proposals for Malaysia Airlines
KUALA LUMPUR: Malaysia’s sovereign wealth fund Khazanah Nasional Bhd says it will continue to work closely with the government and Malaysia Airlines to further review the proposals and finalise a decision on the appropriate strategic option moving forward. Managing director Shahril
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Khazanah reports RM7.36 bln profit
KUALA LUMPUR: Khazanah Nasional Bhd, in the first full year of its refreshed mandate, reported a turnaround in overall performance for 2019 with record profits from operations contributed by higher divestment gains and lower impairments, and robust portfolio returns. It
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