Latest Malaysia News
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Mentally disabled man missing since Sunday
PETALING JAYA: A mentally disabled man from Selayang Baru has been missing since Sunday, and his family wants to see him home safe. Dana Siri HP Daniel, 48, disappeared on Sunday afternoon and was last seen in Selayang Baru heading towards his workplace at Wisma Harapan in Brickfields for a birthday party. Family friend Amy Lyssa said that Dana's colleagues did not see him turn up for the ...
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Aussie tycoon Tinkler gives up half of Whitehaven stake to lender
for about $285 million to pay down debt to a U.S. hedge fund, easing concern about a forced selldown that had weighed on the miner's value. The U.S. fund, Farallon Capital Management picked up a 9.9 percent stake from Tinkler and entities associated with him, taking its holding in Whitehaven to 16.6 percent, it said in a shareholding notice to the Australian stock exchange. Farallon is ...
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U.S. says surveillance thwarted New York Stock Exchange attack
WASHINGTON: U.S. intelligence officials on Tuesday identified two of the more than 50 classified cases in which they say National Security Agency eavesdropping helped thwart terrorist plots including a planned attack on the New York Stock Exchange. The other, a San Diego money laundering investigation tied to financing for a Somali militia, is among the 27 cases cited in a Reuters report Tuesday ...
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Vodafone raises Kabel Deutschland offer after rival bid - report
made a rival bid, Bloomberg reported on Tuesday, citing people familiar with the bid.Bloomberg reported that Vodafone told Kabel Deutschland this week that it would be willing to pay 85 euros a share compared with its initial offer of 80 euros to 82 euros for the German company.Vodafone is said to be studying Kabel Duetschland's books before making an official offer, Bloomberg said.Liberty ...
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UK parliamentarians call for reckless bankers to face jail
By Matt ScuffhamLONDON (Reuters) - Britain should introduce laws making it possible to jail "reckless" bankers and claw back past bonus and pension awards, an influential panel of lawmakers said on Wednesday.The Parliamentary Commission on Banking Standards, set up by the government last year after Barclays was fined over the manipulation of global interest rate benchmarks, said deep ...
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UPDATE 1-Dish abandons Sprint bid for now to focus on Clearwire
Tue Jun 18, 2013 7:48pm EDT NEW YORK, June 18 (Reuters) - Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time for a Tuesday deadline and will instead focus on its tender offer for Clearwire Corp . The decision may be good news for Japan's SoftBank Corp , which is also trying to buy Sprint. Satellite TV provider Dish said in a ...
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Rush to escape storm proves deadly
GEORGE TOWN: Muhameed Selem Tastakhir (pic) and his friend worked hard to get back to their base to escape a storm. Sadly for him, their haste led to his co-worker being killed when tonnes of concrete and metal fell on their gas tank delivery truck. Selem, 34, said he had no inkling of what was about to happen as he was driving towards Menara Umno en route to their base in nearby Tamil Street. ...
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Peat fires and the ever-repeating haze
IT'S the same old script, year after year. Right around this time, the clear blue skies in parts of our country and a few other countries in the region will turn grey. It is that time of the year when forests are being cleared the easy way by small-time farmers and big-time plantation companies. And so the fires rage on and, aided by the monsoonal wind patterns, bring unhealthy pollutants ...
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CCTV to shed light on missing hawker
GEORGE TOWN: Police have obtained CCTV footage of the incident in Jalan Macalister to help shed light on the mystery surrounding economy rice seller Lim Chin Aik who is believed to be buried in a crater there. State police chief Deputy ...
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EPF being courted by mid-cap companies
as a shareholder after the pension fund declared it was looking to put money into some 40 mid-cap stocks. "The market has perked up to this news. Every company wants the EPF to be its shareholder," quipped one investment bank's head of equity capital markets (ECM). To recap, ...
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Airsoft guns are easily available online
PETALING JAYA: Airsoft guns are fast gaining popularity in Malaysia, especially among those who enjoy tactical wargames. Airsoft weapons are new generation BB (bird bullet) guns, a type of air-powered gun designed to shoot projectiles. The AEG (airsoft electric gun) and accessories are sold together with other military-like gears and tactical equipment that come complete with holsters and ...
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Boy nabbed for buying air rifles
IPOH: He's just 15 and still a schoolboy, but with a liking for guns. He ordered five air rifles complete with ammunition online. But they didn't get past the post office. The secondary school student was arrested after the Ipoh post office found the five air rifles with the brass pellets that he had ordered without an import permit. The Perak Customs Department seized the rifles worth ...
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1MDB hopes to raise RM3.2bil from power assets IPO
hopes to raise some US$1bil (RM3.2bil) by spinning off its power assets in an initial public offering (IPO) next year, according to a Dow Jones newswire report. The funds were necessary to pare down debts incurred for its purchase of utility companies belonging ...
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Astro aims to boost user base to 3.6 million by year-end
Astro Malaysia Holdings Bhd expects its average revenue per user (Arpu) to grow by 5% to 6% this year in tandem with the country's gross domestic product growth, as the nation's leading pay-TV player pushes more content in a crowded marketplace. The broadcaster also expects to grow its user base from 3.58 million to 3.6 million by the year-end, said chief commercial officer Liew Swee ...
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Four times as many hotspots in Sumatra now
KUALA LUMPUR: In just one week, the number of hots spot in Sumatra, Indonesia, has more than quadrupled from 46 to 187. With the westerly wind during the south west monsoon season, the haze situation looks set to worsen in Malaysia. According to the Meteorological Department, the south west monsoon season, forecast to last until September, was expected to bring drier and hotter days with ...
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Many taking precautions against haze
KUALA TERENGGANU: Residents of Kuala Terengganu are not taking the haze lightly and some are already taking the necessary precautions. Contractor Mohd Abdul Khafid Ahmad Rozi, 30, said yesterday, besides the hazy skies, the heat in the city has also been sweltering over the past few days. "The haze is not that bad here, although I heard it's worse in other towns in Malaysia. "But ...
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MAHB sets May 2 2014 as KLIA2 revised opening date
has announced a revised opening date for KLIA2 – May 2, 2014. The airport operator said it had received confirmation from the contractors of the terminal building – the UEMC-Bina Puri joint venture – that construction would be completed on April 30, 2014, including the securing of the Certificate of Completion and Compliance and the Operational Readiness and Airport Transfer. ...
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AirAsia bags prestigious awards again
bagged the World’s Best Low-Cost Airline and Asia’s Best Low-Cost Airline titles at the 2013 World Airline Awards here. AirAsia’s low-cost long haul affiliate ...
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Vehicle sales down for 2nd consecutive month
KUALA LUMPUR: Total industry volume (TIV) for vehicles declined for the second consecutive month with May's sales volume lower than April's by 2,855 units or 5.4%. According to the Malaysian Automotive Association (MAA), sales volume in May slid by 8,667 units or 15% from a year ago. "This is largely due to consumers adopting a wait-and-see attitude due to uncertainties in the ...
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2014 Budget set for Oct 25
in announcing the date also said a Fiscal Policy Committee had been set up aimed at reducing fiscal deficit, strengthening public finances and ensuring the nation's long-term fiscal sustainability. Najib, who is also Finance Minister, said he would chair the committee which would include selected Cabinet ministers and heads of departments. "This committee will be served by a fiscal ...
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Crackdown on ranger agency
said the group, known as the Malaysian Special Ranger Agency (MSRA) was illegal and that action will be taken to disband the group following complaints that it was illegally carrying out law enforcement activities. "We will not tolerate any group posing as a law-enforcement agency and victimising the ...
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Mokhzani No conflict of interest in Kencana Capital-Yinson deal
. "There's no conflict. There have been no reports of a conflict of interest. I haven't seen any," Mokhzani said on the sidelines of the Perdana Leadership Foundation CEO Forum 2013. Mokhzani is also a non-independent executive director and executive vice-chairman ...
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Malaysia Marine and Heavy Engineering keen on Petronas Rapid project
said that the oil and gas fabricator had the capability to take on some of the works in the project. MMHE is an indirect associate of Petronas via its 62.6% stake ...
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Some rogue rangers have gone overboard with enforcement says officer
JOHOR BARU: A member of the Malaysian Special Ranger Agency (MSRA) has insisted that the group is legitimate but admits that some rogue members have gone overboard by conducting enforcement activities. An MSRA enforcement officer, who wished only to be known as Lim, said that the agency was formed to perform a similar role as Rela and had no authority to arrest or take action against anyone. ...
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Illegal music download website silenced
PUTRAJAYA: An illegal music download website was crippled following the arrest of the operator of www.jiwang.org (JWG), in what is considered the first online music piracy raid in Malaysia. A team led by the Domestic Trade, Cooperatives and Consumerism Ministry caught the suspect during a June 11 raid in Kubang Kerian, Kelantan, where the suspect was operating out of his house. The ...
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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