Volkswagen's core brand pulls out of Paris auto show
Volkswagen's core autos brand will skip the Paris motor show this year, the company said on Thursday, becoming the latest and most prominent carmaker to ditch the biennial industry gathering in the French capital.
KUALA LUMPUR (May 25): Property developer Eastern & Oriental Bhd's (E&O) net profit fell 21.8% to RM37.9 million in the fourth financial quarter ended March 31, 2018 (4QFY18) from RM48.46 million a year ago, due to higher income tax expenses of RM24 million in the current quarter under review versus RM8.57 million in 4QFY17.
In a statement today, E&O said the higher income tax expenses were attributed to higher revenue achieved in contrast to the occurrence of higher non-taxable income items in 4QFY17.
(May 25): Former Prime Minister Datuk Seri Najib Razak has accused Finance Minister Lim Guan Eng of telling "half a story in order to deceive" over the purported bail-out of 1MDB.
In his latest Facebook post tonight, Najib said it is wrong of the Minister of Finance to only highlight the debts of 1MDB. By right, the Minister of Finance must also inform the public about the assets of 1MDB that have been taken over.
"The Minister of Finance must ‘walk the talk’ on CAT. He has to be transparent to tell the full story and not just half a story in order to deceive," he wrote.