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PUTRAJAYA: The government has launched the National Policy on Good Regulatory Practice (NPGRP) to improve the quality of new as well as existing regulations for a more efficient, effective and transparent public sector service delivery. Chief Secretary to the Government Tan Sri Mohd Zuki Ali said the NPGRP would replace the National Policy on the Development and Implementation of Regulations (NPDIR), which was launched in 2013. He said the government was committed to implementing Good Regulatory Practice, adding that all federal ministries and agencies should comply with Gener...

  We wish to inform you that at the meeting of the Board of Directors of the Corporation held today i.e., May 7, 2021, the Board approved the audited financial results of the Corporation (both standalone and consolidated) for the year ended March 31, 2021, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).   We would like to state that the statutory auditors of the Corporation have issued audit reports with unmodified opinion on the financial statements.   A copy of the said r...

Introduction The unprecedented and unanticipated business disruption brought about by COVID-19 has sharpened the focus on the importance of conservation and optimum utilisation of cash by various companies. In this context, the requirement for a company to maintain 15% of the value of all non-convertible debentures (NCDs) maturing in a year (NCD deposit requirement) by 30 April of that year in fixed deposits with scheduled commercial banks or other specified investments is likely to be a cause of concern.(1) This is especially true when considering the negative carry on such funds in a fallin...