TOKYO, May 13 — Japanese automaker Nissan Motor Co plans to cut around 20,000 jobs worldwide — more than double the number announced last November — as part of deeper restructuring efforts to revive its struggling business.
PUTRAJAYA, March 13 — Prime Minister Datuk Seri Anwar Ibrahim said Sapura Energy Bhd’s (SEB) former major shareholders are no longer involved in the company’s management as part of its restructuring efforts.
HONG KONG, Feb 18 — HSBC has terminated the services of around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused lender to cut costs.
KUALA LUMPUR, Dec 6 — The Armed Forces Fund Board (LTAT) today clarified its restructuring plan brought up in Parliament yesterday has not been cancelled, but instead refined to address current challenges and emerging opportunities, aligning with the latest market conditions.
KUALA LUMPUR, Dec 6 — The restructuring of the Development Financial Institutions (DFIs) involving Bank Pembangunan Malaysia Bhd (BPMB), Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), and Export-Import Bank of Malaysia Bhd (EXIM Bank) is in line with the national agenda to implement reforms and strengthen government-owned institutions, said the Ministry of Finance (MoF).
KUALA LANGAT, March 11 — The Education Ministry (MOE) will be restructuring high-density schools in the country to ensure comfort and a more conducive learning environment for the students.
KUALA LUMPUR, May 19 — Malaysia must take advantage of its current economic growth momentum by continuing the focus on economic restructuring in order to reduce the nation’s exposure to global economic challenges in the future, says Economy Minister Rafizi Ramli.
PUTRAJAYA, Jan 19 — The government will restructure the country’s economy based on three main strategies, namely to eradicate poverty, restructure and restore the economy, as well as generate the economy anchored on the concept of Malaysia Madani.
MELBOURNE (Australia), Nov 3 — Low-cost medium haul airline, AirAsia X Bhd (AAX) aims to be profitable by the end of 2023, banking on huge demand for air travel and its attractive low fares.
KUALA LUMPUR, Nov 5 — The nine existing Parliamentary special select committees have been restructured involving the composition of lawmakers from both opposition and government, said Dewan Rakyat Speaker Datuk Azhar Azizan Harun.
KUALA LUMPUR, Nov 25 — AirAsia Group Bhd’s net loss widened to RM851.78 million in the third quarter ended September 30, 2020 (Q3 2020) from RM51.44 million recorded in the same quarter last year.
KUALA LUMPUR, Nov 16 — The Malaysia Digital Economy Corporation (MDEC) is undertaking a major organisational restructuring to reinvent its role as the leader of Malaysia’s digital economy and ensures it benefits the many.
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