• OTHERS & World Biz  |  JUNE 28, 2015 9:27 AM

    IMF approves US$504 mil for Pakistan

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    The International Monetary Fund (IMF) has approved US$506.4 million loan tranche to Pakistan as part of a three-year bailout programme to support the country’s economic reforms and growth, Press Trust of India (PTI) reported. The IMF Executive Board took the decision on Friday …

  • Featured and Exclusive, OTHERS, World Biz  |  JUNE 26, 2015 11:07 AM

    China seen winning reserve currency endorsement

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    China’s goal to attain endorsement of the yuan as a reserve currency will be achieved this year, according to most economists surveyed by Bloomberg. Eleven out of 16 polled by Bloomberg in the June 18-24 period predict the International Monetary …

  • OTHERS  |  JUNE 26, 2015 8:40 AM

    IMF says ‘on same page’ with Europeans on Greece

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    The International Monetary Fund (IMF) is “on the same page” with the Europeans on negotiations with Greece over a cash-for-reforms deal, a Fund spokesman said on Thursday. IMF spokesman Gerry Rice also said discussions on debt sustainability and financing for …

  • OTHERS  |  JUNE 24, 2015 3:24 PM

    Green projects to contribute 25% of revenue, says KNM

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    The green energy projects in the United Kingdom (UK) and Thailand are expected to provide KNM Group Bhd with recurring income. The four-year green energy park project contract with Peterborough Renewable Energy Ltd in Peterborough (UK), is expected to contribute 25% of revenue in …

  • OTHERS  |  JUNE 24, 2015 3:17 PM

    Petronas Dagangan expects to maintain lead in LPG segment

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    Petronas Dagangan Bhd expects to maintain its leadership position in the liquefied petroleum gas (LPG) segment in Malaysia with monthly sales volume of around four million cylinders. Its Head of LPG Business, Nik Faizanira Nik Affandi, said the group currently holds about 50% …