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‘Divine empowerment’ for Muslim women
KUALA LUMPUR: A conference aimed at empowering Muslim women will be held on June 29. Organised by Mercy Mission Malaysia, the Being ME (Muslimah Empowered) conference would highlight challenges faced by women and focus on seeking divine empowerment from the Quran and Sunnah. It will be held at the Putrajaya International Convention Centre. Mercy Mission Malaysia ...
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AirAsia signs RM27.5bil engine deal
signed a purchase agreement with commercial aircraft supplier CFM International for the purchase of 100 sets of airplane engine. The CFM LEAP-1A and CFM56-5B engines were purchased in a US$8.6bil (RM27.52bil) deal to power the 100 Airbus A320 aircraft it ordered last year. The purchase agreement was signed by ...
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AirAsia X shares worth up to RM1.66 each
has valued it higher at RM1.66. StarBiz reported last week that AirAsia X could raise up to RM1.3bil from its initial public offering (IPO) based on the initial retail price of RM1.45 a share. The IPO is slated for July 10 and is the largest thus far. Chin wrote in her report yesterday that at an indicative IPO price of RM1.45, AirAsia X would be trading at 30.9 times financial year ending Dec ...
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Sabah CM slams assemblymen over poverty eradication efforts
, who told them to ';do their homework first'; before raising issues in the state assembly. During supplementary question time, Chan Foong Him (DAP-Sri Tanjung) and Wong Hung Jun (DAP-Likas) had sought a year-by-year breakdown of details regarding the state government’s poverty eradication efforts since 2009. At this juncture, Musa stood and said: ';Do you know the numerous ...
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Kuala Dimensi chief fails to set aside subpoena served by Ling’s lawyers
Transport Minister Tun Dr Ling Liong Sik on the company’s involvement in the sale of land for the Port Klang Free Zone (PKFZ). This followed the COO’s failure to set aside the subpoena served on him by Dr Ling’s lawyers. Faizal’s application had no merit, Justice Ahmadi Asnawi ruled in the High Court at the outset of the ex-minister’s cheating trial here yesterday. ...
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Low bids for Hwang-DBS due to the banking group’s poor Q3 results
, and bids are at the low end, with bids coming in only one times price to book value (P/BV), according to a source close to the deal. The source said that the low bids were due to Hwang-DBS' recent poor third quarter results. He added that Hwang-DBS' board of directors would be meeting today to decide among other things, which bank would be better suited as its partner. Hwang-DBS is ...
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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. ...
Malaysia Feature
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Malaysia's 10th MP sets focus on education
On the 10th of June, 2010, the 10th Malaysia Plan was revealed to Malaysia’s news media, outlining what is essentially the government’s budget plans for the next five years. The 10th Malaysia Plan will therefore be in effect during 2011 to 2015. Malaysia is a vast country and the plan is therefore vast as well, a thick and complicated document, but one of the most important aspects of the plans announced in parliament were those that involve the education departments of the country.
Malaysia has an extensive public schooling system, operated under the belief that every child has a right to equal and fair opportunity in the country, a right that is enshrined in the constitution. The government spends around RM 7 billion on public education throughout the country, and in the 10MP, extremely important plans were outlined, aimed at increasing pre-school attendance from 67% of the population currently, to 87% by 2012. Read more
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