WASHINGTON: The United States has added South Korea to its 'monitoring list' of major trading partners whose currency practices call for closer attention, according to a Treasury Department report released Thursday.
KUALA LUMPUR: Khazanah Nasional Bhd ’s experience with FashionValet Sdn Bhd would not deter it from investing in start-ups and venture capital projects, says Finance Minister II Datuk Seri Amir Hamzah Azizan.“Since then, there has been an overhaul in Khazanah’s investment approach. The process of choosing investments has also been tightened, including start-ups and venture capital,” he said during Minister Question Time in the Dewan Rakyat yesterday.
“The changing trend of e-commerce platforms, with many modest fashion businesses using their platform or Facebook to sell their products, also took a toll on FashionValet. Both Khazanah and PNB, in their capacity as minority shareholders, played a proactive role in helping FashionValet by providing strategic guidance and financial advice to the highest management of the company.
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