<div class=newsTextDataWrapInner><p>SHANGHAI (May 17): A Chinese shipbuilder defaulted on bonds, becoming at least the 10th company to miss local debt payments in the world’s third-biggest note market this year.</p></div>

<div class=newsTextDataWrapInner><p>Evergreen Holding Group Co said it can’t make full payment due Monday on a one-year notes because of a cash flow shortage, according to a statement on Shanghai Clearing House’s website. The company, based in the eastern province of Zhejiang, sold the 400 million yuan ($83.9 million) of bonds with a coupon rate of 7.95% in May 2015.</p></div>

<div class=newsTextDataWrapInner><p>Credit woes are spreading in China as both privately held and state-owned firms struggle with record debt repayments this year amid the worst economic slowdown in a quarter century. Nanjing Yurun Foods Co, a sausage maker, recently missed a payment for a second time in two months before saying Monday it had later made the payment.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Evergreen is making efforts to raise funds for the 431.8 million yuan in principal and interest, including selling assets, according to the statement.</p></div>


SHANGHAI (May 17): A Chinese shipbuilder defaulted on bonds, becoming at least the 10th company to miss local debt payments in the world’s third-biggest note market this year.

Evergreen Holding Group Co said it can’t make full payment due Monday on a one-year notes because of a cash flo...

China shipbuilder Evergreen defaults on bond amid cash shortage

As stewards of our planet, Sime Darby Property embraces the responsibility to ensure a sustainable future.

Discover The Glades, Putra Heights: A Nature-Infused Community by Sime Darby Property

Philip Morris International (PMI) is a well-known tobacco company with a long history. Established in 1847 in London, the company has achieved international success over the decades, with its products widely sold around the world. However, in 2016, the company made a significant decision and announced its vision of a smoke-free future.

Progressing Together Towards a Smoke-Free Malaysia

The Malaysian Anti-Corruption Commission (MACC) has summoned five Sabah state assemblymen to provide statements regarding an alleged corruption case involving a mineral project in the state.

MACC summons five Sabah reps over probe into mineral project 

Economy Minister Rafizi Ramli says the government expects rare earth elements (REE) to be processed in Malaysia within the next three years.

Putrajaya targeting domestic rare earths processing within three years — Rafizi

A framework and strategy for blue economy is being developed at the Ministry of Economy and is expected to be completed by the end of 2025, said Economy Minister Rafizi Ramli.

Rafizi: Framework for blue economy to be finalised by end-2025

The National Energy Awards (NEA), which aims to recognise the achievements and best practices of sustainable energy industry players in Malaysia, will be open for submission from Monday (Nov 18) until Feb 19 next year.

Participation in 2025 National Energy Awards open for submission from Monday

Pasir Bedamar state assemblyman Woo Kah Leong has been elected DAP Socialist Youth (DAPSY) national chief for the 2024–2027 term.

Woo Kah Leong named new DAP Youth chief 

Kelantan's Gross Domestic Product (GDP) grew by 2.6% to RM27.6 billion in 2023 compared to RM26.9 billion the previous year, said Menteri Besar Datuk Mohd Nassuruddin Daud.

Kelantan’s GDP up to RM27.6b in 2023 on service sector growth, says MB 

Brazil's first lady, Janja Lula da Silva, swore at billionaire Elon Musk during a G20 social event on Saturday at which she spoke about the need to regulate social media to rein in misinformation.

Brazil's first lady insults Elon Musk at G20 social event

Prime Minister Datuk Seri Anwar Ibrahim has arrived in Brazil, South America’s largest country, from Lima, Peru, for his official visit and to attend the Group of 20 (G20) Summit 2024, where Malaysia is a guest country.

Anwar arrives in Brazil for official visit, G20 summit 

<p>Economy Minister Rafizi Ramli says the government expects rare earth elements (REE) to be processed in Malaysia within the next three years.</p>


<p>A framework and strategy for blue economy is being developed at the Ministry of Economy and is expected to be completed by the end of 2025, said Economy Minister Rafizi Ramli.</p>


<p>The Malaysian Anti-Corruption Commission (MACC) has summoned five Sabah state assemblymen to provide statements regarding an alleged corruption case involving a mineral project in the state.</p>


<p>As stewards of our planet, Sime Darby Property embraces the responsibility to ensure a sustainable future.</p>


<p>Philip Morris International (PMI) is a well-known tobacco company with a long history. Established in 1847 in London, the company has achieved international success over the decades, with its products widely sold around the world. However, in 2016, the company made a significant decision and announced its vision of a smoke-free future.</p>
