PUBLIC Bank Bhd, which has firmly etched itself in the banking sector as the most prudent financial institution in the country, surprised the market when it proposed a RM5bil rights issue. It is the bank’s first cash call in 17 years and the largest by a local financial institution in recent years. …
Read More »Business : Westports’ Pre-Tax Profit Up 25 Per Cent In Q1 To RM131.6 Million
KUALA LUMPUR, May 2 (Bernama) — Westports Holdings Bhd recorded a profit before tax of RM131.6 million for the first quarter, up 25 per cent year-on-year, thanks to an increase in container throughput and savings of the management fee from its termination of management services agreement. Its …
Read More »General : Boeing Will Continue To Work With Malaysia To Find Out What Happened To MH370
KUALA LUMPUR, May 2 (Bernama) — As the hunt for the missing Malaysian aircraft continues in the southern Indian Ocean, Boeing, the manufacturer of the plane, a Boeing 777-200ER, said it will continue to work with Malaysia to find out what happened to the airplane and why. In a statement here F …
Read More »General : Civil Servants Involved In Anti-GST Rally May Face Termination Of Service – Ali Hamsa
KUALA LUMPUR, May 2 (Bernama) — Civil servants found to be involved in the anti-Goods and Services Tax (GST) rally on Thursday will face stern action, including termination of service, Chief Secretary to the Government Tan Sri Dr Ali Hamsa said. He said civil servants were supposed to support …
Read More »General : MH370: Najib Committed To Openness And Transparency
KUALA LUMPUR, May 2 (Bernama) — Prime Minister Datuk Seri Najib Tun Razak said the preliminary report regarding the disappearance of the Malaysia Airlines flight MH370 was released based on the principle of openness and transparency. As the tension mounted, Najib said he had also appointed an …
Read More »Amazing turnout for latest Spidey movie
GEORGE TOWN: Spidey sense must be tingling because fans of the web-slinging superhero turned up for the release of the latest sequel in the iconic blue and red costume. Movie goers were surprised by the group of 342, including a 73-year-old woman, when they arrived for a preview screening of The Ama …
Read More »General : MH370: No Plane Wreckage In Bay Of Bengal – JACC Chief
KUALA LUMPUR, May 2 (Bernama) — Nothing has so far, been found in the Bay of Bengal, with regard to a report by an Australian exploration company that it might have located the wreckage of the missing Malaysia Airlines (MAS) MH370 aircraft. Joint Action Coordination Centre (JACC) Chief Coordin …
Read More »More than 100 injured as subway trains collide in Seoul
SEOUL: Two subway trains collided in Seoul on Friday, injuring more than 100 people but with no immediate report of any fatalities, the emergency services said. “There are 117 injured, but none of them appear to be serious,” a spokesman for the Seoul emergency services told AFP. News of …
Read More »General : Traffic Management Plan For Persiaran Surian And Cheras-Kajang Highway
KUALA LUMPUR, May 2 (Bernama) — A temporary lane realignment at Persiaran Surian, near Dataran Sunway (Sungai Buloh-bound) will be implemented from Tuesday till Sept 30 to facilitate preparation works for the construction of the Mass Rapid Transit (MRT) piers. Mass Rapid Transit Corporation Sd …
Read More »Thousands show concern over new tax
KUALA LUMPUR: The anti-Goods and Services Tax (GST) rally ended prematurely as rain descended upon Dataran Merdeka where a massive crowd had gathered. The rally, held in protest against the Federal Government, went on peacefully with no untoward incident except for a few scuffles between people wear …
Read More »We will face economic squeeze if we don't change, says PM
JITRA: The Goods and Services Tax (GST), which will be implemented on April 1 next year, will secure the country’s future, said Prime Minister Datuk Seri Najib Tun Razak. The Government, he said, needed to act rationally and not based on emotions. “If we think rationally, we understand that every go …
Read More »Salvage company makes discovery one hour before contract expires
MALACCA: The Pulau Nangka treasure hunt may have hit paydirt. Workers of the salvaging company were said to have discovered two copper medallions, believed to be part of the billion ringgit wealth buried in the tiny island from the time of the Malacca Sultanate. The discovery was made at 11pm on Wed …
Read More »Business : Boeing Statement on Malaysia Airlines Flight 370
KUALA LUMPUR, May 2 (Bernama) — Since day one, the families and loved ones of those aboard Malaysia Airlines Flight 370 have been in our thoughts and prayers. Our goal, along with the entire global aviation community, is to find out what happened to the airplane and why. Boeing is actively eng …
Read More »Petaling Street’s dirty condition turning many away
Over the decades the street has transformed into a huge market selling many types of merchandise and is a food paradise. However, it is increasingly apparent that Petaling Street seems to have lost its lustre as a top tourist draw. It is not uncommon for diners to see rats scurrying past drains and …
Read More »'No weapons or kids at anti-GST rally'
KUALA LUMPUR: Some 15,000 people are expected to attend the anti-Goods and Services Tax (GST) rally today, City police chief Senior Deputy Comm Datuk Mohmad Salleh said. SDCP Mohmad said police had told the organisers to adhere to regulations. “Participants will not be allowed to bring weapons or ch …
Read More »