Latest Malaysia News
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Air Asias Tony Fernandes to ‘fire up’ investors
This handout picture taken on May 12, 2013, and released by the Malaysia's AirAsia shows AirAsia group chief Tony Fernandes (R) being served by British billionaire Richard Branson (L), who is dressed as a female flight attendant, in the air while flying from the Australian city of Perth to the Malaysian city of Kuala Lumpur. Branson honoured a losing bet by serving as a stewardess with ...
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Fernandes does his first firing in Apprentice Asia
after a premiere that saw two teams competing to sell fish in their first challenge. The show, which made its debut Wednesday on AXN, saw the 12 contestants being split into two groups of men and women in the first challenge to sell fish at a local market here. Both teams made losses in their sales but the men's group, Team Mavericks incurred a bigger loss. Hence, one of its members had to ...
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Maybank bullish on growth to expand regionally under new leadership
Malayan Banking Bhd's (Maybank) regionalisation plans are likely to be continued under its new leadership, with Thailand already earmarked as a potential new market, given the right circumstances. ...
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Adam pleads not guilty to giving seditious speech
KUALA LUMPUR: Student activist Adam Adli Abd Halim has pleaded not guilty in a Sessions Court to a charge of uttering seditious words at the Kuala Lumpur and Selangor Chinese Assembly Hall. Adam Adli, 24, is alleged to have given a seditious speech which could incite Malaysians to change the Government in an illegal manner. When police brought Adam Adli to the dock at 10am, the student shook ...
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Khazanah appoints Nor Mohamed deputy chairman
, Khazanah said in a statement yesterday. Nor Mohamed will also be appointed chairman of the upcoming Khazanah Research Institute, which will assume the existing functions of the Khazanah Research Division that has been in operation since 2004. The unit will evolve into a ';research institute to provide research and analysis on matters related to Khazanah and the nation’s ongoing ...
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Lafarge Malayan Cement to finalise next expansion plans by August
expects to finalise its next phase of expansion plans by August, with a focus on the domestic market in tandem with the continued roll-out of construction projects under the 10th Malaysia Plan and ...
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Large migrant population a security risk to Sabah RCI told
KOTA KINABALU: The presence of large migrant population in Sabah poses a certain security threat to the state and its people, Sabah Police ...
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Arrest of Opposition figures not political say cops
PETALING JAYA: The police have slammed critics of the arrest of Opposition figures and activists, stressing that it was not politically motivated. Inspector-General of ...
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Daibochi expanding exports to S-E Asia and Australia
said this was in light of the new sales orders, which were expected to materialise in the second half of the year. ';The overseas sales typically constitute 40% of group revenue. Equipped with the knowledge and experience, we are certainly building on our positive reputation to expand our footprint even further in regional markets,'; he told Bernama after the company’s AGM. He ...
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Pakatan uncowed by seizure of party organs
PETALING JAYA: PKR has insisted that it would not be intimidated by the confiscation of copies of Suara Keadilan and other party organs from shops and distributors nationwide by the Home Ministry. ...
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TDM to expand plantation and hospital ops
is aiming to increase its plantation size by nearly 30,000ha to 70,000ha and also triple its hospital operations by 2018. The group said in a statement that it aimed for planted oil palm land to total 70,000ha from the current planted area of 40,518ha. ';As our land in Terengganu is fully planted, Kalimantan is the next growth area to drive the group’s plantation business. ';We ...
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Axiata declines to confirm or deny that it is bidding for Indonesian telco
, was valued at about US$1bil (RM3.02bil), debt included. Azman noted that the group had had a good AGM, with all resolutions being passed on an improved financial performance to boot. "We're now the third largest company, with RM59bil in market capitalisation," he said. According to data from the stock exchange, Axiata is currently the third largest company, in terms of market ...
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Danajamin names non-exec director
, the country's financial guarantee insurer, has appointed Cheah Tek Kuang as an independent non-executive director, for a three-year term, effective May 20. Cheah was group managing director ...
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NUJ slams attacks on journalists covering vigils
GEORGE TOWN: The National Union of Journalists (NUJ) has condemned the attacks on journalists covering a series of candlelight vigils held to show solidarity for student activist Adam Adli Abdul Halim. Adam was arrested last Saturday and charged yesterday with one count of uttering a seditious statement during a talk in Kuala Lumpur. NUJ's general secretary Schave Jerome De Rozario said ...
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FBM KLCI declines on selling pressure in key regional markets
PETALING JAYA: A sell-off in Japan triggered selling pressure in key regional markets and Europe, and sent Malaysia's FTSE Bursa Malaysia KL Composite Index (FBM KLCI) down as much as 18.26 points to a low of 1,765.62. However, the local market managed to reduce the losses, reflecting the firmer and resilient investor sentiment, although extended selling pressure in key regional bourses ...
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KUB in JV with Singapore firm on multi-billion ringgit Petronas Rapid Tank Project
has partnered with Singapore's Hiap Seng Engineering to undertake the multi-billion ringgit Petronas Rapid Tank Project in Pengerang, Johor. The company told Bursa Malaysia its ...
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ECM Libra aims to exit PN17 soon
plans to exit its Practice Note 17 (PN17) status by year-end on completion of its self-regularisation exercise. This will involve the beefing up of its existing businesses and the proposed setting up of a corporate finance advisory unit to ensure sustainable profitability. The group slipped into PN17 territory when it divested its core revenue ...
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MACC starts probe into payment in rape-marry case
KOTA KINABALU: The Malaysian Anti-Corruption Commission (MACC) has started its investigation into a claim of possible corrupt practice involved in the case of a restaurant manager charged with raping an underage girl here. MACC director of ...
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PKR condemns arrest of trio
said the arrests reflected very badly on the Government. "They have no moral standing to claim on efforts for national reconciliation nor to be more liberal, not after these arrests," she said as reported in online portal Malaysian Insider. Ambiga also said the authorities could have just called the detainees to give their statements. "I was told they have a list of names. Surely ...
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RAM reaffirms rating on Tanjung Bin sukuk
’s sukuk ijarah programme of up to RM4.5bil in nominal value (2012/2029), with a ';stable'; outlook. The rating reflects Tanjung Bin’s sturdy business profile, underscored by the favourable terms of its power purchase agreement (PPA) ...
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Task force soon on lock-up murder
KUALA LUMPUR: A task force has been formed to investigate the death of N. Dharmendran, who is believed to have been murdered while in police custody. City police chief Deputy ...
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PKR to file election petitions in court
PETALING JAYA: Pakatan Rakyat will file petitions in court to challenge the results of the 13th general election in 29 parliamentary constituencies as well as a number of state seats. PKR ...
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RM705mil vessel job for Perdana Petroleum
to suppy several barges for its operations. Perdana Petroleum told Bursa Malaysia that it had accepted the letter of award from Dayang for the five-year charter of five work barges and one workboat. The contract starts in July. ';The vessels charter relates to the contract for the provision of hook-up, commissioning and topside maintenance services awarded ...
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PKR congress likely to see much debate
PETALING JAYA: The PKR congress beginning today is expected to draw sharp debates on the recently-concluded general election. With 11 speakers slotted to speak at the annual congress, many are expected to touch on the allegations of electoral fraud, especially when the party leadership had previously said it would accept the results. PKR ...
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Still waiting for Khalid to name state exco line-up
PETALING JAYA: Selangor remains the only state whose exco line-up has yet to be named following the impasse over the number of seats to be allocated to the respective Pakatan Rakyat member parties. Speculation is rife as to who will make it to the highest decision-making body in the state government and how the 10 exco seats are to be divided between PAS, DAP and PKR. So far, DAP has expressed ...
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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