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MIDA Investments up 44 on-year to RM49.3b in Q1
KUALA LUMPUR: Investments rose 44% on-year to RM49.3bil in the first quarter ended March 31, 2013, the Malaysian Investment Development Authority (MIDA) said. ...
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Low’s Cabinet appointment will not change his principles says Tunku Aziz
. "Why should his principles change if he joins the Government? I believe that his principles have remained the same and are intact," he said of the new Minister in the Prime Minsiter's Department. He also said the Opposition can no longer manipulate the issue of corruption and abuse of power against the Government now that the former Transparency International-Malaysia (TI-M) ...
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Saturday rally near Amcorp Mall to go on despite official warning
KUALA LUMPUR: A rally set to take place next to Amcorp Mall this Saturday will go on as planned, despite official warnings not to do so. "Yes, [it's] on," said Suara Rakyat 505 spokesman Badrul Hisham Shaharin via text message when contacted. He was referring to ...
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Merged Education Ministry to have workforce of half a million
said the process of merging the Education Ministry and the Higher Education Ministry is expected to be completed within a month. "The process of merging should not be too complicated. Each ministry already had well-defined tasks previously, with the Education Ministry in charge of primary and secondary levels while the Higher Education Ministry was looking after higher education ...
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Security guards jailed for killing alleged Nigerian conman
SHAH ALAM: Two security guards have been jailed for causing the death of a Nigerian who allegedly cheated them. The High Court here sentenced T. Kumar, 29, to seven years in jail for causing the death of 27-year-old student Nwabudike Emmanuel Chukwma, while V. Ganesan, 29, was sentenced to one year in jail for causing hurt to the deceased. They were initially charged with murder but pleaded ...
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Malaysia Suarakan Kebimbangan Tindakan Terbaru Korea Utara Lancar Misil
KUALA LUMPUR, 21 Mei (Bernama) -- Malaysia hari ini menyuarakan kebimbangannya berhubung tindakan Korea Utara melancarkan misil jangka sederhana pada 18 dan 19 Mei yang menyemarakkan lagi suasana tegang di Semenanjung Korea. Sejajar dengan itu, kata Menteri Luar Datuk Seri Anifah Aman, Malaysia menyertai masyarakat antarabangsa menyeru Korea Utara supaya mematuhi sepenuhnya resolusi Majlis ...
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Malaysia Digesa Beri Tumpuan Lebih Kepada Modal Insan Dan Produktiviti
KUALA LUMPUR, 21 Mei (Bernama) -- Malaysia perlu memberi lebih tumpuan kepada modal insan dan produktiviti ketika ekonomi negara bergerak ke arah kematangan, kata seorang pakar ekonomi. Naib presiden eksekutif merangkap ketua ekonomi Conference Board, Bart Van Ark berkata satu cara untuk mengekalkan pertumbuhan bagi tempoh jangka panjang adalah menjadikan pekerjaan lebih produktif. ...
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Malaysia CIMBs Q1 net profit jumps 37.2 pct
KUALA LUMPUR | Tue May 21, 2013 6:05am EDT KUALA LUMPUR May 21 (Reuters) - CIMB Group Holdings Bhd , Southeast Asia's fifth largest lender by assets, posted a 37.2 percent jump in first-quarter net profits. Malaysia's second largest bank said in a filing to the stock exchange that net profit for the quarter ended March 31 stood at 1.39 billion ringgit ($461.18 million) compared ...
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Update Malaysia Q1 investments increase 44 to RM49 bil
Reset KUALA LUMPUR (May 21): Malaysia saw a 44% increase in investments to RM49.3 billion during the first quarter of this year (Q12013), the Malaysian Investment Development Authority (MIDA) said. This compares to RM34.3 billion in the same period last year."Domestic investments increased 25.5% to RM31 billion in Q12013 from RM24.7 billion in Q12012," said MIDA CEO Datuk Norharuddin ...
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Court postpones return of Genneva directors’ assets
's application to postpone the return of assets of three Genneva directors and a former director acquitted of illegal deposit-taking involving more than RM141mil. "After going over the submissions, I am satisfied that there is a need to grant a stay against the previous order to release the properties and exhibits seized," ruled Judge Rozana Ali Yusof. On May 17, the judge had ...
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Tee Siew Kiong on leave from MCA with immediate effect says Chua
. Tee who is the party's national organising secretary and Pulai Sebatang assemblyman, had been referred to the MCA disciplinary board for accepting the appointment, he added. Dr Chua said Tee would not be attending any party function during his leave. Speaking to reporters after chairing the MCA central committee meeting here on Tuesday, he said the action on Tee was in line with the ...
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Contest for top MCA posts to be held in December
. Speaking to reporters after chairing the MCA central committee meeting here on Tuesday, Dr Chua said MCA elections would start at the branch level on July 15. The central level elections, including top posts like president and deputy president will be held on Dec 21, he ...
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Malaysia voices concern with North Korea’s latest missile launch
Hence, Foreign Minister Datuk Seri Anifah Aman said, Malaysia joined the international community in calling on North Korea to fully respect the United Nations Security Council (UNSC) resolutions, including the UNSC Presidential Statement of April 16, ...
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Malaysias closing tin prices for May 21
KUALA LUMPUR, May 21 (Reuters) - Following is a table of Kuala Lumpur tin market prices provided by a Malaysian trader. (Prices in $/tonne, and volumes in tonnes unless stated) Date KL Premium/ Spot Bid Offer Final Volumes (#) (Discount) May 21 21,250 122 23 62 (32-J, 25-E, 5-M) 285 May 20 20,750 57 28 27 (12-J, 10-E, 5-M) 380 May 17 20,800 65 50 50 (18-J, 27-E, 5-M) ...
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Melaka to allow Indonesians work and return daily
Printer Friendly Melaka: Melaka and Indonesia have proposed to introduce a new gateway for Indonesian workers to travel and work in Melaka, especially industries located in coastal areas, on a daily basis. Melaka Chief Minister Datuk Idris Haron said through the new initiative Indonesian workers living in Dumai, Bengkalis and Pulau Rupat would be able to travel to and from Melaka on a daily ...
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Ewon and Abu Bakar vow to carry on legacy
Printer Friendly Putra Jaya: Science, Technology and Innovation Minister Datuk Dr Ewon Ebin and his deputy Datuk Dr Abu Bakar Mohamad Diah have vowed to carry on the legacy of the ministry's previous leadership. Ewon, who is a law graduate from Universiti Malaya and has been an Assistant Minister and Minister in the Sabah Cabinet, described his new federal ministerial responsibility as a ...
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Kukusan squatters moving out
Tawau: Occupants of some 40 houses in Kg Tanjung Batu Tengah near Bukit Kukusan - where a huge boulder came crashing down during blasting by a quarry firm recently - have started to vacate following expiry of the eviction notice to move out from the 8.06 acre site, Monday. Lawyer Evan Chee Vu Seong, Representing the land owner company, said the order was actually issued by the court on Aug. 24, ...
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Over 5000 Skan squatter homes demolished
Printer Friendly Kota Kinabalu: The Sandakan Municipal Council demolished 4,620 squatter units between 2000 and 2008 and another 1,080 from 2009 to 2010. "In 2008, SMC also implemented a new policy whereby we contact the land owner(s) concerned if the squatter colony is on private land, to enable us to demolish the units for a fee," the Council's Head of Squatters Unit, Kassim ...
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Not right now Zahid
Printer Friendly Kuala Lumpur: The identities of three opposition leaders, who were said to be behind the Lahad Datu armed incursion, will not be divulged to avoid prejudice when the case is brought to court, said Home Minister Datuk Seri Dr Ahmad Zahid Hamidi. He said all documents and detailed information acquired by the police and the Defence Ministry on the trio, two of them from the ...
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Rape accused marries his victim 13 so case put off
Printer Friendly Kota Kinabalu: A 40-year-old restaurant manager who was charged with raping a 13-year-old girl is now married to the victim, the Sessions Court here heard Monday. The prosecution must now decide whether to proceed with the case. Riduan Masmud's counsel Loretto J. Padua told Judge Ummu Kalthom Abd Samad that Riduan and the victim went for a lawful marriage under Syariah ...
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Sgor Sultan wants say on ratio of State exco posts
Printer Friendly PETALING JAYA: Selangor deputy PAS commissioner III Khalid Abdul Samad said the line-up of Selangor executive councilors are being further negotiated as the Selangor Sultan, Sultan Sharafuddin Shah, wants to see a differing ratio of exco members. "We were made to understand the Sultan wants to see an exco line-up made out of six Malays and four non-Malays. This is ...
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Pat on the back for Sabah Customs
Kota Kinabalu: Sabah Customs Department won kudos for being the pioneer in managing the Marine Customs Division, the first in the Royal Malaysia Customs Department. Its Deputy Director General (Prevention and Confiscation Branch) Sanusi Mohamad Sapian praised the department's Marine Division for being the most active in curbing trafficking activities. He said based on records and revenue ...
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Malay Press Youth claims to have voted twice
Reset KUANTAN (May 21): A youth alleged today that he voted twice in the 13th general election in an effort to question the efficacy of the indelible ink.According to Malay daily Sinar Harian today, Mohd Fadhli Khaharruddin, 23, claimed he did not submit his ballot paper after entering the polling station to vote for a second time. Instead, Mohd Fadhli alleged that he kept the ballot paper and ...
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Analysts maintain outperform call on Pos Malaysia
] (POSM) and has increased its target price to RM4.90 from RM4.20 previously."Management is banking on higher profits from its profitable courier and logistics segment through leveraging on its numerous Pos Laju centres in the country."The group is also strengthening its retail segment, making it a one-stop solution centre, especially with the growth of its Islamic pawn-broking ...
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iGate sacks chief executive Murthy after sexual harassment probe
for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment. Murthy was replaced with immediate effect by ...
Kuala Lumpur Spotlight
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City's major raw water project
It’s been in the pipelines for several years, but finally the Pahang-Selangor raw water transfer project has found its feet with an official groundbreaking ceremony held in April of 2010, the facility, when completed, will enable a massive region of the country, including Kuala Lumpur, Selangor and Putrajaya to cope with increasing demand for raw water treatment from industrial, residential and tourism sectors of the economy.
The raw water treatment project is a massive undertaking: a pipeline is to be constructed run from Sungai Semantan in Pahang to the Hulu Langat water treatment facility in Selangor, it will be 44.6 kilometers long, the longest tunnel of its kind in Asia and the sixth largest in the world. When operating at maximum capacity, over 1,800 litres of raw water will be pumped to Selangor and treated for conversion to fresh water, according to Kuala Lumpur news media. Read more
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