KOTA KINABALU: Mara Corp Sdn Bhd, via its subsidiary Mara Inc Sdn Bhd, will be partaking in its first condominium development project here next year. Rural Development Minister Datuk Seri Mahdzir Khalid said the joint development between Mara Inc and Axventure Sdn Bhd will begin in the first quarter of…
LONDON (Reuters) - Oil prices tumbled nearly 3% on Tuesday after Moderna's CEO cast doubt on the efficacy of COVID-19 vaccines against the Omicron coronavirus variant, spooking financial markets and adding to worries about oil demand. The head of drugmaker Moderna told the Financial Times that COVID-19 vaccines are unlikely…
BETONG: Sarawak plans to set up a boutique airline to be operated by Hornbill Skyways, the state-owned airline company. Chief minister Abang Johari Openg said the move would help to generate income for the state through the export of agricultural products as well as meet the demand for individual travel…
KUALA LUMPUR: The prosecution had erred in concluding that the entry of donations into the trustee account of Yayasan Akalbudi, a foundation owned by former home minister Ahmad Zahid Hamidi, involved illegal activities, the High Court heard today. Zahid’s lead counsel, Hisyam Teh Poh Teik, said money changer Omar Ali…
KOTA KINABALU: Chief minister Hajiji Noor has pledged to build more affordable homes, including those under the people’s housing programme (PPR), in Sabah. He said this was in line with the Hala Tuju Sabah Maju Jaya 1.0 development plan. Hajiji said the Sabah Housing and Town Development Board was constructing…
PETALING JAYA: The Shah Alam High Court has ordered that assets belonging to Nur Sajat be seized after the cosmetics entrepreneur failed to pay her stockist RM200,000 in damages. The court order was issued by deputy registrar Farah Wahida Md Nor on Nov 22 following an application by Nurwati Hussin,…
PETALING JAYA: A secondary school teacher in Puncak Alam, Shah Alam, has finally filed a lawsuit against teenager Ain Husniza Saiful Nizam and her father for alleged defamation over claims he made “rape jokes” during physical education class. Khairul Nizam Sanuddin, 43, filed the suit in the Shah Alam sessions…
PETALING JAYA: Affordability and access. These are the two key factors that will ensure the success of the 5G rollout in the country, an expert said. Kevin Henry, head of strategic engagement at GSMA, said reasonable prices and easy access to the network will result in higher coverage and faster…
KUALA LUMPUR: The construction of the Merdeka 118 tower amid the Covid-19 pandemic marks a great engineering achievement for the country and reinforces Malaysia’s position as a modern and developing nation. Prime Minister Ismail Sabri Yaakob said he was informed Merdeka 118 would be the first tower in the country…
KUALA LUMPUR: Mah Sing Group Bhd posted a higher net profit of RM40.16 million in the third quarter (Q3) ended Sept 30, 2021 from RM25.96 million last year. Revenue, however, slipped to RM364.57 million from RM388.22 million previously, it said in a filing with Bursa Malaysia. Mah Sing said property…
Jemaah haji Malaysia akan diberikan subsidi untuk menunaikan ibadah rukun kelima Islam itu kecuali bagi individu yang menolaknya.Menteri di Jabatan Perdana Menteri (JPM) Idris Ahmad berkata setakat ini subsidi berkenaan akan diteruskan seperti biasa namun menyatakan keputusan muktamad mengenainya belum dibuat.Katanya hal itu akan diputuskan selepas dibawa ke mesyuarat kabinet…
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), the national oil company. said higher product prices boosted its revenue and profits in the the third quarter, despite lower sales volume. Revenue rose 50% to RM61.8bil, while earnings before interest, taxes, depreciation, and amortisation (Ebitda) soared 88% to RM26.3bil.The Group recorded a profit…
SIBU, 30 Nov -- Pusat Perubatan Rejang (RMC) merancang untuk membina sebuah pusat perubatan baharu di sini, yang dilengkapi dengan kemudahan lebih baik bagi memenuhi keperluan perubatan penduduk di Sibu serta kawasan sekitar lembangan Rajang yang semakin meningkat. Ketua Pegawai Eksekutif RMC Dr John Tang berkata pusat perubatan bernilai RM150 juta di…
KUALA LUMPUR: Integrated engineering solutions provider, Kelington Group Bhd reported a robust financial performance in the third quarter (3QFY21) and nine months ended Sept 30, 2021 and it is upbeat about its prospects. In a statement on Tuesday, it said notwithstanding the operational disruptions arising from the Full Movement Control…
STOCKHOLM, 30 Nov -- Parlimen Sweden pada Isnin sekali lagi memilih Magdalena Andersson sebagai Perdana Menteri selepas beliau dipilih dan kemudian meletak jawatan pada minggu lepas, lapor Xinhua. Dalam satu sidang media, Andersson, 54, yakin kerajaan minoritinya mampu menjalankan tugas dengan baik. Beliau berkata kerajaannya pimpinannya akan menumpukan kepada tiga bidang: kebajikan sosial,…
Mahkamah Sesyen di Kuala Lumpur hari ini memindahkan kes Ahli Parlimen Muar Syed Saddiq Syed Abdul Rahman, yang menghadapi empat pertuduhan berkaitan pecah amanah, menyalahgunakan wang sumbangan dan pengubahan wang haram, ke Mahkamah Tinggi.Hakim Azura Alwi memindahkan kes itu selepas Timbalan Pendakwa Raya Wan Shaharuddin Wan Ladin memaklumkan bahawa Mahkamah…
KUALA LUMPUR, 30 Nov -- Kerajaan akan melancarkan Jualan Keluarga Malaysia melibatkan barangan keperluan asas di 222 kawasan Parlimen seluruh negara bermula 4 Dis ini, sebagai antara langkah memastikan pengguna mendapatkan barang keperluan pada harga lebih murah. Menteri Perdagangan Dalam Negeri dan Hal Ehwal Pengguna (KPDNHEP) Datuk Seri Alexander Nanta Linggi berkata jualan itu dilaksanakan dua…
Kuala Lumpur: Eksport Malaysia melepasi paras RM1 trilion bagi tempoh Januari hingga Oktober lalu, berkembang 25.0 peratus berbanding tempoh yang sama tahun lalu, menurut Jabatan Perangkaan Malaysia (DOSM). © New Straits Times Press (M) Bhd
KUALA LUMPUR: OSK Holdings Bhd’s net profit eased to RM79.9 million in the third quarter ended Sept 30, 2021 (Q3 FY2021) from RM107.15 million in the same period last year.Revenue also shrank to RM219.36 million from RM319.67 million previously, it said in a filing with Bursa Malaysia.OSK said the group…
PUTRAJAYA: The Court of Appeal will hear on April 18 next year the appeal by the government and police against a lower court’s refusal to strike out M Indira Gandhi’s suit against them for alleged inaction in executing a warrant of committal to arrest her former husband for contempt. Lawyer…
