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The company said it was seeking to restructure in a way that would maximise value for all stakeholders, and said it had $167 million of cash available to meet urgent needs in the meantime. Illustration photo.
The company said it was seeking to restructure in a way that would maximise value for all stakeholders, and said it had $167 million of cash available to meet urgent needs in the meantime. Illustration photo.
News
Crypto platform Celsius files for US bankruptcy
SAN FRANCISCO - Cryptocurrency investment platform Celsius announced on Wednesday that it had filed...
The factory will be Panasonic's second electric car battery operation in the United States, joining its facility in Nevada. Illustration photo: 123RF
The factory will be Panasonic's second electric car battery operation in the United States, joining its facility in Nevada. Illustration photo: 123RF
News
Panasonic to build $4 bil electric vehicle battery plant in US
TOKYO - Japanese electronics giant Panasonic said Thursday it will spend $4 billion to build a new...
BNM Governor Tan Sri Nor Shamsiah Mohd Yunus
BNM Governor Tan Sri Nor Shamsiah Mohd Yunus
National
Critical for Malaysia to have efficient Cross-Border Payment to support trade - BNM Governor
KUALA LUMPUR - It is critical for a small and highly open economy such as Malaysia to have an...
At 9am, the local currency edged up to 4.4350/4390 versus the greenback from Wednesday's close of 4.4360/4385.
At 9am, the local currency edged up to 4.4350/4390 versus the greenback from Wednesday's close of 4.4360/4385.
National
Ringgit opens slightly higher against US dollar
KUALA LUMPUR - The ringgit extended yesterday's gains to open slightly higher against the US...
British soccer star Wayne Rooney speaks during a press conference where he was announced as the new Head Coach of Major League Soccer's DC United at Audi Field in Washington, DC, on July 12, 2022. - (Photo by ROBERTO SCHMIDT / AFP)
British soccer star Wayne Rooney speaks during a press conference where he was announced as the new Head Coach of Major League Soccer's DC United at Audi Field in Washington, DC, on July 12, 2022. - (Photo by ROBERTO SCHMIDT / AFP)
News
Rooney named head coach of DC United
WASHINGTON - Former England and Manchester United star Wayne Rooney was named on Tuesday as the new...
Veteran US investor Jim Rogers says recession may have already arrived considering the soaring inflation and high-interest rates.Pic sourced from marketwatch
Veteran US investor Jim Rogers says recession may have already arrived considering the soaring inflation and high-interest rates.Pic sourced from marketwatch
National
Long global recession with 'very serious' problems ahead, says veteran US investor Jim Rogers
WASHINGTON -The global economy will go into a long recession in the coming years and face very...
Shah Alam Stadium. FILE PIX
Shah Alam Stadium. FILE PIX
National
Disappointing if Shah Alam stadium is demolished - Noh Omar
TANJUNG KARANG - Demolishing the iconic Shah Alam Stadium would not have been an option if it had...
People look on as a forensic pathologist inspects a crime scene where 14 people where shot dead in a tavern as residents look on in Soweto on July 10, 2022. - (Photo by EMMANUEL CROSET / AFP)
People look on as a forensic pathologist inspects a crime scene where 14 people where shot dead in a tavern as residents look on in Soweto on July 10, 2022. - (Photo by EMMANUEL CROSET / AFP)
News
19 killed in South Africa bar shootings
SOWETO, SOUTH AFRICA - Nineteen people are dead after armed assailants randomly shot at patrons in...
A detailed macro photography of a old RM50 banknote. (123rf)
A detailed macro photography of a old RM50 banknote. (123rf)
National
Fret not, Malaysia still solid and not headed towards bankruptcy
KUALA LUMPUR - Malaysia is still financially solid and is unlikely headed towards...
A handout picture released by the Syrian Presidency Facebook page on July 8, 2022, shows Syria's President Bashar al-Assad (C) touring a thermal power station in the eastern countryside of Aleppo province. (Photo by Syrian Presidency Facebook page / AFP)
A handout picture released by the Syrian Presidency Facebook page on July 8, 2022, shows Syria's President Bashar al-Assad (C) touring a thermal power station in the eastern countryside of Aleppo province. (Photo by Syrian Presidency Facebook page / AFP)
NEWS
Syria's Assad in first official visit to Aleppo since war
DAMASCUS, Syria - Syria's President Bashar al-Assad on Friday visited the heavily damaged...
New
With PN chairman Tan Sri Muhyiddin Yassin stepping aside, the spotlight now shifts to who will take the helm of PN, with analysts debating whether the coalition is heading towards a Pas-led future or a leadership reset centred on opposition leader Datuk Seri Hamzah Zainuddin.
With PN chairman Tan Sri Muhyiddin Yassin stepping aside, the spotlight now shifts to who will take the helm of PN, with analysts debating whether the coalition is heading towards a Pas-led future or a leadership reset centred on opposition leader Datuk Seri Hamzah Zainuddin.
Attention turns to PN leadership as Pas eyes chairmanship
Tan Sri Muhyiddin Yassin - BERNAMA FILE PIX
Tan Sri Muhyiddin Yassin - BERNAMA FILE PIX
Muhyiddin's resignation exposes deep rifts within Perikatan Nasional - Analysts
Kuala Perlis assemblyman Abu Bakar Hamzah was appointed as the new Perlis Menteri Besar. - Bernama photo
Kuala Perlis assemblyman Abu Bakar Hamzah was appointed as the new Perlis Menteri Besar. - Bernama photo
Perlis MB unlikely to resign, state polls seen as high risk - Analysts
Heavy rain in parts of Selangor this afternoon (Dec 30) caused flash flooding along the New Pantai Expressway (NPE), says Lembaga Lebuhraya Malaysia (LLM). Photo: LLM
Heavy rain in parts of Selangor this afternoon (Dec 30) caused flash flooding along the New Pantai Expressway (NPE), says Lembaga Lebuhraya Malaysia (LLM). Photo: LLM
Flash flood blocks lanes, slows traffic on NPE
Prime Minister Datuk Seri Anwar Ibrahim speaks at a press conference at the Perdana Putra building, today. - Bernama photo
Prime Minister Datuk Seri Anwar Ibrahim speaks at a press conference at the Perdana Putra building, today. - Bernama photo
Unity government stronger and free from betrayal - PM
Most Popular
'First case in my almost 50-year career, I lost every single point' - Shafee
Lawyer Tan Sri Muhammad Shafee Abdullah during a press conference after the High Court sentenced former prime minister Datuk Seri Najib Razak to 15 years' jail and imposed a total fine of RM11.4 billion after finding him guilty on four counts of abuse of power and 21 counts of money laundering involving RM2.3 billion in funds linked to 1MDB. - Bernama photo
Lawyer Tan Sri Muhammad Shafee Abdullah during a press conference after the High Court sentenced former prime minister Datuk Seri Najib Razak to 15 years' jail and imposed a total fine of RM11.4 billion after finding him guilty on four counts of abuse of power and 21 counts of money laundering involving RM2.3 billion in funds linked to 1MDB. - Bernama photo
Local engineer builds high-tech electronics capability
Azahar is also skilled in maintaining, restoring and reproducing complex high-tech electronic circuit board components that are no longer manufactured in their countries of origin - a task generally considered extremely challenging. - Bernama photo
Azahar is also skilled in maintaining, restoring and reproducing complex high-tech electronic circuit board components that are no longer manufactured in their countries of origin - a task generally considered extremely challenging. - Bernama photo
Muhyiddin resigns as Perikatan Nasional chairman, effective Jan 1, 2026
Muhyiddin
Muhyiddin
Azmin resigns as PN secretary-general after Muhyiddin’s exit
Bersatu secretary-general Datuk Seri Mohamed Azmin Ali
Bersatu secretary-general Datuk Seri Mohamed Azmin Ali
Leadership exodus in Perikatan Nasional as Muhyiddin's resignation triggers string of exits
Several key PN figures also relinquished leadership posts, highlighting deepening uncertainty within the bloc’s ranks. - Photo illustrated via Canva
Several key PN figures also relinquished leadership posts, highlighting deepening uncertainty within the bloc’s ranks. - Photo illustrated via Canva
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