Latest Malaysia News
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Use of psychometrics assessment for employees can be controversial
I WAS wondering the other day, how many people have been through some type of psychometric assessment during their business life and what they thought of it and gained from it I like to think of myself as a business man I have been a managing director and main board director of a 25,000-employee manufacturing company head-quartered in Hong Kong but part of my early academic training was as a ...
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Sumatec shareholders to vote on Kazakhstan oil and gas asset buy
's shareholders will vote on its regularisation plan involving the acquisition of oil and gas (O&G) assets in Kazakhstan on Friday, close to one year upon submission. News ...
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Dept set to fight peat fires
PUTRAJAYA: Water relay pumping systems and jet shooters, bumby bucket or water bombing from helicopters are among the measures listed in a new standard operating procedure (SOP) drawn up to fight forest, bush and peat soil fires. The SOP details the working strategies for different departments in handling fires at the district, state and national levels. ';We will use helicopters and water ...
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‘Don’t go out to Straits of Malacca at night’
MUAR: Marine police here have warned all barter-trading vessels plying the Straits of Malacca to refrain from navigating the waterway at night due to the haze. Its chief Asst Supt Nordin Osman said the stretch of the straits between Pontian and Malacca was covered in ';very thick haze';. He said the condition could worsen in the next few days due to the westerly monsoon season. ...
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Reality check on Asean Economic Community is it rather ambitious
KUALA LUMPUR: There is a need to temper the expectations of what the Asean Economic Community (AEC), which has set out to integrate the 10-member grouping's economies by 2015, can achieve as opposed to the expectations on the ...
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Genting’s Aussie move a surprise
We believe Genting is looking to get a foothold in Australia via Echo's presence in Sydney, which the latter has proposed to expand. We maintain our "neutral" call on Genting, with our target price unchanged at RM10.66 for now. The announcement was a surprise given ...
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DOE declares three states as ‘no open burning’ zones
PETALING JAYA: The Department of Environment (DOE) has declared the whole of Selangor, Malacca and Johor as strictly ';no open burning'; zones with immediate effect. DOE ...
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3 parties said to be in talks to take over Luster
KUALA LUMPUR: Three parties that placed a bid to take over the Kuala Kedah Jetty, which links the state’s mainland to Langkawi island via a sea route, is believed to be in talks to take control ...
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East coast hit by the haze too
KEMAMAN: The pristine view surrounding the beach town of Kijal was spoilt, for once, by hazy skies. The famed blue skies were blocked by the thick haze blown over by winds from Sumatra in Indonesia. Fortunately, it was not for long. Kijal is in the district of Kemaman, which recorded an API reading of 121 on Sunday, one of the worst in the country. ';The API in Kemaman has improved with an ...
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Not a pretty site for motorists
PETALING JAYA: Recent road and Light Rail Transit (LRT) construction accidents are making motorists cringe as they approach such areas. What used to be a daily routine has now become a harrowing experience as they drive under huge beams (segmental box girders) supported by metal scaffolding suspended across roads as part of the LRT extension project. Motorists have to pass under the beams as ...
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MISC to consolidate ops by strengthen footing by re-balancing portfolio and income mix
is looking to further consolidate its operations in terms of re-balancing its businesses porfolio and income mix in the effort to strengthen the company's operational and financial footing. This is vital for the company to brace through the weak shipping outlook which continues to be in the doldrums since the global economic meltdown. According to president ...
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Macalister Road to be reopened today
GEORGE TOWN: The Macalister Road which was closed after a lightning arrestor crashed down from Menara Umno will be reopened to the public today. Penang Municipal Council (MPPP) Engineering ...
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Malaysian market closes lower
SHARE prices on Bursa Malaysia closed lower yesterday as most investors remained on the sidelines ahead of the outcome of the United States Federal Open Market Committee (FOMC) meeting later yesterday, dealers said. At the close, the FTSE Bursa Malaysia KLCI declined 1.17 points to 1,772.88, after hovering between 1,772.07 and 1,782.41 throughout the day. On the regional front, most of the ...
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Pos Malaysia proposes 9.5 sen final dividend
has proposed a final dividend of 9.5 sen per ordinary share less 25% income tax for the financial year ended March 31, subject to the shareholders’ approval at its AGM. The company said in a statement to Bursa Malaysia the entitlement and payment date would be determined and announced in due ...
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Former council chiefs rapped over building plan
GEORGE TOWN: Two former Penang Munici-pal Council presidents have been taken to task over the structural failure of Menara Umno. DAP’s Tanjong MP Ng Wei Aik ...
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Stability boost for UEM Sunrise project in Iskandar
said besides Singapore, the company managed to woo buyers from Japan, Indonesia, India and Bangladesh. ';Strong ties among Asean countries and economic stability have helped attract investors,'; he told Bernama on the sidelines of the CIMB Annual Asia-Pacific Conference here. Azhar, who was one of the conference panelist, said Iskandar Malaysia was a good example of strong relations ...
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Airsoft M’sia the only firm allowed to buy imitation weapons
is the only company that has the permit to buy imitation weapons for tactical games. However, it does not have a permit to sell airsoft weapons and can only rent out the imitation weapons to participants at its events. ';We have never sold the airsoft equipment since we started operations last year, and we do not allow the members to take the gear home,'; said an Airsoft Malaysia team ...
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IGB buys into property firm taking up controlling stake in Johor-based developer
has bought a controlling stake in a privately-held property firm based in Johor for RM33mil cash. The company said in a filing with Bursa Malaysia that its ...
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MAS to beef up ties with six code share partners
aims to strengthen ties with six new code share partners by next year. Vice-president (Government and industry relations) Suresh Singam said MAS currently had 24 code share partners and was looking into six more, mainly from Europe, the Middle East and South-East Asia. ';By taking this initiative, the national carrier will be able to serve customers better through improved connectivity. ...
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Tambun Indah plans RM200mil capex to expand landbank
said the group was actively scouting for land in Penang, especially in Seberang Prai. ';We will spend to expand our landbank based on the opportunities that arise,'; he told reporters after the company AGM yesterday. Teh said the company planned to add about 80.94ha to 121.41ha of land to the current 227.43ha of undeveloped land in Seberang Prai Selatan. ';We’re currently ...
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All you do is click print and shoot
PETALING JAYA: Forget about going online to buy guns – you can just ';print'; one out. It’s that simple, really, with the latest digital technology. All you need is a 3D printer, the design plans (schematics), and the ';ink';, which is essentially a composite plastic resin. A check on the Internet revealed that there are Malaysian companies that sell 3D printers ...
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Airsoft guns are safe say users
JOHOR BARU: Airsoft gun enthusiasts are claiming that the guns are safe – but only if they are used properly. Businessman Hamdan Sameon, 30, said airsoft guns were a new craze among Malaysians especially those who enjoyed playing tactical war games. He added that an AEG (airsoft electric gun) was not cheap as the price ranged from RM2,500 to RM10,000, including the pellets. ';Most of ...
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Beliawanis Sex segregation at massage parlours not feasible
PETALING JAYA: A Selangor exco’s proposal for gender segregation at massage parlours is not feasible, said MCA Beliawanis chief Tee Hooi Ling. ';Creating gender segregation policies would inhibit businesses and could lead our country onto a slippery slope of gender apartheid,'; she said in a statement. She was commenting on a recent statement by state ...
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Be strict with uniforms says Chong
PETALING JAYA: The Government should be stricter on the availability of police and military uniforms because the uncontrolled sale of fake attire can lead to public confusion, ...
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Consumer Price Index up 1.6 in May
KUALA LUMPUR: The Consumer Price Index (CPI) for May rose by 1.6% to 106.2 from the 104.5 registered in the same month last year. As compared with the previous month, the CPI was up 0.3%. Between January and May, the index increased 1.8% to 106.6 from the 104.7 recorded in the same period last year, the Statistics Department said in a statement. It said the 1.6% rise in the CPI was brought about ...
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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