Solving a RM1.3 trillion pension liability problem

[ WHEN Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi said in January that the government is scrapping the pension scheme for new civil servants as part of its pension reform plan, it was met with much resistance. For many civil servants, they do not mind the lower salaries as they are assured of a … Read more

A new star on the horizon

[ DATUK Farhash Wafa Salvador, a loyalist of Prime Minister Datuk Seri Anwar Ibrahim, is the latest rising star of corporate Malaysia. However, scrutiny of the former Perak PKR chief’s recent rise to prominence outside of politics reveals links to two well-known names in business circles, notably Tan Sri Vincent Tan and Wong Thean Soon … Read more