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Indonesian and couple die in fires
JOHOR BARU: An elderly couple and an Indonesian man perished in two fires 300m apart at a village on the outskirts of the city. The charred remains of the couple were found at their home early yesterday, while the body of the Indonesian man, a permanent resident, was found some 11 hours earlier amid the rubble of a burnt workshop along the same street at Kampung Pasir. Mahmud Yusof, 60, and his ...
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Excitement builds up for Wesak Day
KUALA LUMPUR: The Buddhist Maha Vihara Temple in Brickfields is abuzz as monks and devotees go through the final stages of preparation for Wesak Day on Friday. The usually quiet atmosphere was broken by the sound of artists working on a special float, which will lead the procession in the city centre. One of the temple’s priests, Sri Dhamma, said that this year, the float would feature a ...
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Slashed security guards are in stable condition now
PETALING JAYA: Three security guards who were viciously slashed in an unprovoked attack at a condominium are in stable condition and recovering. Their colleague Basarudin Ibrahim, 31, said one of the victims had bandages all over his body. ';Atik had the worst injuries, he underwent surgery yesterday,'; said Basarudin, after visiting the victims at Hospital Universiti Kebangsaan ...
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Reports lodged after dialogue related to Rapid OG hub
KOTA TINGGI: Four police reports have been lodged by a project consultant and residents in connection with incidents related to the multi-billion ringgit Rapid oil and gas (O&G) hub in Pengerang, near here. The consultant complained that several men damaged the side mirror of a 4WD truck, following a dialogue with residents concerning the Rapid O&G project. Those accused of the damage ...
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Health facilities must set up safety panels
SEREMBAN: Effective June 1, all hospitals, government clinics and private clinic chains must set up Patient Safety Committees to ensure the sick receive quality medical treatment and patient safety tops their agenda. These medical facilities will also have to implement the Malaysian Patient Safety Goals, a set of standards formulated by the Health Ministry’s National Patient Safety Council ...
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Professionals warn there is too much of office space in the Klang Valley
Khong & Jaafar group of companies managing director Elvin Fernandez (pic inset) said the concern expressed by property professionals should be taken positively by both stakeholders and the ...
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Ten important items for you to prepare for the inevitable
Sometimes we take life for granted. Like a thief in the night, we never know when we will kick the bucket. A financial bucket list will help you prepare for the inevitable, AMELIA HONG writes. BELOW are 10 important items for your financial bucket list: Ensure your EPF and insurance nominations are updated. There have been incidences where the former spouse was nominated and nothing can be done ...
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Malaysian stocks likely to go higher this week
said the key index would possibly retest the 1,790-1,800 point level against a backdrop of positive leads from the United States and news that more central banks would take an accommodative monetary stance. "On the domestic front, we expect sentiment to pick up again now that policies remain intact following the elections and we are optimistic that the Government will push for a reform ...
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Two bikers from convoy killed in freak accident
JOHOR BARU: Two motorcyclists who were among a convoy of riders on 40 motorcycles travelling from Selangor to Desaru in Johor died in a freak accident at the 22nd kilometre of the road between Kulaijaya and Kota Tinggi. Muhammad Fadzirul Hakimi Abd Rahim, 21, and his friend Muhammad Adib Jasmani, 23, were killed after being run over by a van that was heading towards Kulaijaya. Just before that, ...
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Should Sime Darby also demerge big values can be created by spinning off companies
to relook plans for a demerger of sorts. This isn't a novel idea, considering it is something the conglomerate, since its mega-merger formation back in 2007, has often been asked. And for all you know, plans are in motion to embark on this. It does seem though that massive values can be created by spinning off companies from these big groups. And this seems to be the theme of the day. Last ...
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David Beckham mania hits town
JOHOR BARU: Posters of English footballer David Beckham are selling out fast now that he has announced his retirement from the sport. A check by The Star at various outlets selling memorabilia of celebrities and sporting figures here found that posters of the former English midfielder are hard to find. Wuming Trading co-owner Pang Mei Hua, who operates three shops selling such posters, said the ...
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Malacca to do away with overhead power cables
said existing overhead cables in the city’s rural and urban areas would gradually be replaced with underground cables or have these routed to run between buildings. ';Besides being an eyesore, overhead electricity cables and lines are susceptible to many external interferences. ';Factors such as weather, air hazard and accidental impact with poles may cause breakage or stress to ...
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Couples killed in crash on Middle Ring Road 2
KUALA LUMPUR: Four people were killed when their Perodua Viva, which was heading towards Ulu Klang on the Middle Ring Road 2, was rammed by another car careening down Bukit Antarabangsa. Two men in that Proton Satria were seriously injured and rushed to the Kuala Lumpur Hospital. Apparently, their vehicle sustained brake failure. Ampang Jaya OCPD Asst Comm Amiruddin Jamaluddin said that the ...
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Some companies contravening the Associations and the Competition Act
IN its early stages, the Malaysia Competition Commission (MyCC) conducted numerous briefings for enterprises and associations, highlighting the implications of the Competition Act 2010 (CA) on their activities. A moratorium of 18 months was given for all to review their activities to ensure compliance with the new law. In spite of this, the MyCC has noticed that several associations, in ...
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Five companies tender for RM400mil job in Samalaju Port
KUCHING: Five companies, including four based in Peninsular Malaysia, have tendered for the Samalaju Port project's breakwater package estimated at more than RM400mil. They ...
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Expert Traffic congestion can be eased
PUTRAJAYA: Improving public transportation in the Klang Valley may be an uphill task but an expert believes Malaysia is on the right track towards tackling traffic congestion in its capital ci-ty. Traffic consultant Goh Bok Yen said this could be achieved through the implementation of a multi-mode public transportation system, with different types of public transportation supporting one ...
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Malaysian hard disk drive makers see higher demand
GEORGE TOWN: Local hard disk drive (HDD) component producers are expecting a single-digit percentage growth in orders this year, while test equipment manufacturers are more bullish about their prospects. Penang-based HDD manufacturers such ...
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Rosnah set on getting Borneo highway completed
KOTA KINABALU: Completing the much talked about Pan Borneo Highway linking Sabah and Sara-wak is among the priorities for newly-appointed Deputy ...
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ICFM to host conference on coaching
PETALING JAYA: In conjunction with International Coaching Week on Thursday, ICF Malaysia in collaboration with the Malaysian Institute of HR (MIHRM) will host a one-day conference titled "Transformation through Coaching". The event will bring the industry together with coaching professionals. ICF Malaysia (ICFM) is the local chapter of the world's most credible accreditation body ...
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Friend of wanted chef nabbed
KUALA LUMPUR: Police have arrested a man in connection with the murder of a 28-year-old woman who was allegedly beaten to death by her chef husband. The arrest was made as police look to narrow the search for the husband who has gone missing since his wife’s death at University Malaya Medical Centre on Saturday. Brickfields OCPD Asst Comm Muhammad Azlee Abdullah ...
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Optimistic view on AMMB
Investment Research analyst Desmond Ch'ng maintained his forecast but thought that with the stock offering stable returns on equity (ROEs) of about 14.5%, higher valuations are warranted. For FY14, he targeted net profit growth to be 10% to 12% and an ROE of 14% to 14.5%. "Our net profit growth forecast of 10.4% and 14.4% ROE fall within the range. Other guidance for FY14 include more ...
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Astro presenter’s Facebook post on Bentong ‘blackout’ draws more flak
expressing his unhappiness. Sin Chew Daily quoted Liow as saying the posting had misled the people into believing there was a blackout at the Bentong counting centre, which allegedly led to the Barisan Nasional winning the parliamentary seat. "This is false. To me, it is character assassination," said Liow, who defended the seat against DAP challenger Wong Tack. Gan got the channel ...
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Sime Darby sukuk gets Emas status
’s maiden international sukuk issuance, marking another milestone for the group’s multi-currency debt offering. According to a statement by the company yesterday, the ';Emas'; status was conferred on Wednesday at the Business Talk on Ethical Investing, hosted by Bank Negara in conjunction with the 10th Islamic Financial Services Board Summit. Bank ...
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More mergers and acquisitions and loan growth seen in banking sector
PETALING JAYA: Although inherent challenges in the banking sector continue to exist post-general election (GE), industry observers and analysts on the whole are confident of encouraging loan growth and more merger and acquisition (M&A) activities this year. Analysts are forecasting loan growth for the year to be around 7% to 10%. Moody's Investors Service, which has maintained its ...
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Crest Builder adopts sell some keep some strategy
construct, it sees itself venturing into retail space management with its latest investment property Tierra Crest and possibly the upcoming Dang Wangi light rail transit (LRT) redevelopment project, or aptly known as The Bank. In an interview with ...
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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