Malaysia Sun
MalaysiaSun.com Thursday 2nd September 2010 Issue 8/0245
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No progress over Malay Indian families' land title request
Malay Indian families living in Sekinchan since the 1950s have claimed that there has been no progress by the authorities in ruling over their land...


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Teacher conveys apology for using racial slurs against Malay Indian students
A teacher of a secondary school in Malaysia's Bukit Jambul area has issued an apology for using racial slurs and vulgar words against five Malay Indian...
OSK Research sees major mass housing boom in 1H of 2010-2020
KUALA LUMPUR: OSK Research believes a major mass housing boom will likely occur in the first half of this decade. In a research note issued on Friday, Sept 3, it said “we are in the early stage of...
HLG Research: Buying interest in big caps to continue
KUALA LUMPUR: HLG Research said as there were no surprises from Wall Street and Bank Negara’s monetary policy meeting, there may be continued buying interest in large cap issues to spur further in...
AmResearch: Sunway Lagoon acquisition strategic move, but minimal impact on SunCity earnings
KUALA LUMPUR: AmResearch says Sunway City’s (SunCity) plan to buy an additional 45% stake in Sunway Lagoon Sdn Bhd (SLSB) for RM129 million as a strategic move to strengthen its earnings. It said...
Murdoch: Global economy is still not out of turmoil
NEW YORK: News Corp Chief Executive Rupert Murdoch said the global economy is still in an uncertain state and the media industry is going through a fundamental transformation that is unpredictable ...
#Stocks to watch:* Sunway City, Three-A Resources, Oriental Holdings, PPB
KUALA LUMPUR: Key Asian markets are expected to extend their upward trend on Friday, Sept 3 as investors’ confidence is bolstered by the latest US data that it would avoid a double-dip recession. ...
Task force to look out for sensitive matter on Internet
KUALA LUMPUR: A special unit has been set up to look out for Internet postings that can ignite racial tension and cause disunity, said Home Minister Datuk Seri Hishammuddin Hussein. The ministry...
Rules on gated schemes will be imposed with immediate effect
PUTRAJAYA: Gated and guarded neighbourhood schemes will have to follow new guidelines, said Tan Sri Muhyiddin Yassin. The Deputy Prime Minister said the guidelines - which were approved and endorsed...
ISA detainee released after eight years
PETALING JAYA: One of the longest serving Internal Security Act detainees, Shamsuddin Sulaiman, a suspected Jemaah Islamiah (JI) member, has been released. Shamsuddin, who was arrested in 2002 during...
Docs need consent to take pics of intimate parts
GEORGE TOWN: Surgeons must obtain the consent of their female patients before taking photographs of their intimate parts, ruled a High Court in what is believed to be a landmark decision. Judicial...
Shorter wait for citizenship applicants
MIRI: Stateless people in Malaysia no longer have to wait for years for the outcome of their citizenship application. In a move to speed up citizenship application, the Home Ministry has set a time...
Maid on the run caught during job interview
KUALA LUMPUR: An Indonesian maid wanted in connection with the murder of a baby had no qualms about going for a job interview in Ampang. The 25-year-old woman pretended to be in distress and told the...
Oil prices rise after mixed economic news
NEW YORK: Oil prices ended higher Thursday after an initial retreat as investors put a positive spin on reports about jobs, manufacturing and home sales. Benchmark oil for October delivery rose...
US stocks move higher following jobs, housing reports
NEW YORK: Stocks rose Thursday, extending their gains from the day before, after reports on housing, manufacturing and jobs all indicated that the U.S. economy continues to grow. The Dow Jones...
Where’s the money, Pandan residents ask rep
KUALA LUMPUR: Resident associations in Pandan have lodged a report with the Malaysian Anti-Corruption Commission (MACC) against Teratai state assemblyman Janice Lee, claiming money raised from a...
Facebook's new security feature: remote logouts
NEW YORK: Facebook is rolling out a new security feature that lets users log out of their accounts remotely from another computer. To do this, go to "account settings" on your Facebook page and click...
Leaders will be replaced if they’re unable to perform, says Chua
MALACCA: Community leaders of villages and Chinese new villages will be removed if they fail to perform, said MCA president Datuk Seri Dr Chua Soi Lek. He said those appointed as village heads would...
The US$2bil showdown between two of the world's biggest technology companies
SAN FRANCISCO: The showdown over 3Par Inc. that ended Thursday was a puzzling spectacle. It pitted two of the world's biggest technology companies against each other for control of a company that was...
CM’s aide lodges report over fake photo
GEORGE TOWN: The political secretary of Penang Chief Minister Lim Guan Eng has lodged a police report over the online circulation of a picture depicting Lim slaughtering a cow. Ng Wei Aik, who is...
General Motors plans to sell shares on Nov. 18
DETROIT: General Motors plans to start trading shares again on Nov. 18, timing that allows the company one more quarter of earnings to build its case to investors, a firm that researches initial...
Ops Sikap kicks off
PETALING JAYA: The operation to reduce road deaths this Hari Raya begins today with the Ops Sikap swinging into action. Traffic enforcement agencies such as the police and the Road Transport...
Have your say on road safety online
PETALING JAYA: An online public opinion poll to gather feedback on the reasons behind accidents and deaths on Malaysian roads was launched by Malaysians Unite for Road Safety (Mufors). Mufors is a...
Another oil platform explodes in Gulf of Mexico off US
NEW ORLEANS: An oil platform exploded and burned off the Louisiana coast Thursday, the second such disaster in the Gulf of Mexico in less than five months. This time, the Coast Guard said there was...
RTD to go undercover to nab road offenders
IPOH: Road Transport Department (RTD) enforcement officers are going undercover to nab road offenders during Ops Sikap 22. Perak RTD director Jaafar Mohamed said the officers would be in unmarked...
Analysts see new high for Malaysia's main market index
PETALING JAYA: With four months to go before 2010 ends, a number of brokerages have unveiled their 2011 year-end targets for FTSE Bursa Malaysia KL Composite Index (FBM KLCI). Quite a few predicted...
Exodus starts early for Kedah folk
ALOR SETAR: The balik kampung rush has begun in Kedah following the one-week school term break starting a day earlier than most of the other states in the country. Many school children, especially...
Nine M’sian firms make it to Forbes’ Best under a Billion
SINGAPORE: Nine Malaysian companies made it to the Forbes Asia’s Best under a Billion list this year compared with eight companies last year, according to Forbes Asia. Glove maker Hartalega...
Bus tickets for Raya going fast
JOHOR BARU: With the curtains slowly drawing to a close on Ramadan, the rush has started for the ride back home for the Aidilfitri celebration. Tickets are reportedly being snapped up fast for the...
Overnight policy rate remains unchanged
KUALA LUMPUR: Bank Negara has kept the overnight policy rate (OPR) unchanged at 2.75% after its monetary policy committee (MPC) meeting yesterday. In a statement, the central bank said the MPC...
Sarawak RTD to use video recordings to catch offenders
KUCHING: Various enforcement measures, including visual recordings, will be used to catch traffic offenders during the state-wide Ops Sikap which kicks off today until Sept 19 in conjunction with...
Genting chairman sells shares
KUALA LUMPUR: Genting Bhd chairman and chief executive Tan Sri Lim Kok Thay has disposed of 269,000 and 260,000 shares in Genting Bhd and Genting Malaysia Bhd respectively. According to a filing with...
Foreign student’s dream to meet Dr M comes true
KUALA LUMPUR: For orphan Lamia Subasic from Sarajevo in Bosnia Herzegovina, former Prime Minister Tun Dr Mahathir Mohamad is like a father figure. Lamia, 23, lost her father to cancer when she was...
What must chairmen of companies do?
IN my last article I wondered whether we are setting impossibly high standards for independent non-executive directors. The same applies to independent non-executive chairmen who have three distinct...
UMW to beef up O&G division
SHAH ALAM: UMW Holdings Bhd is looking at consolidating its oil and gas (O&G) division and may consider mergers and acquisitions again only after a year or so, according to president and group chief...
Cops rescue 24 lndians locked in house
IPOH: Police have rescued 24 Indian nationals, believed to be victims of a human-trafficking racket, from a locked terrace house in Sungai Siput. Two Pakistani men, aged 24 and 34, believed to be...
DRB-HICOM to raise volume of auto production in Pekan
KUALA LUMPUR: DRB-HICOM Bhd, which inked a joint-venture agreement with a UK company on Wednesday to make sports cars in Malaysia, is moving towards adding more volume to its automotive complex in...
Nalla’s party applies to join Barisan
PETALING JAYA: The Malaysian Indian United Party (MIUP) hopes its application to become one of the component parties in Barisan Nasional will be approved. MIUP president Datuk S. Nallakaruppan said...
Cops record statement from Arjunan
IPOH: Police have recorded the statement of Taman Ehsan Tasek PKR branch head M.S. Arjunan. District acting OCPD Supt Ibrahim Abu Bakar said the statement was taken at the district police station...
KTM staff on Mecca line
PETALING JAYA: The new Al Mashaaer Al Mugaddasseh Metro Southern Line in Mecca will see 63 KTM staff serving on board during the Haj season. They were chosen after undergoing strict tests, said...
Panasonic unveils new 3D HDTVs
PETALING JAYA: Panasonic Malaysia Sdn Bhd aims to sell 1,500 units of its newly launched Viera series 3D full high-definition (HD) plasma televisions by the end of its current fiscal year ending...
Kenmark and Evermaster to remain suspended
KUALA LUMPUR: Trading suspension on Kenmark Industrial Co (M) Bhd and Evermaster Group Bhd shares will continue as they have failed to submit their quarterly reports for the financial period ended...
A true friend in SBY
He continues to be panned by his critics as being weak when dealing with Malaysia, but Indonesian President Susilo Bambang Yudhoyono has proven yet again that he is indeed a good friend to us. SHE is...
Sesame Street Live getting ready for the show
KUALA LUMPUR: The muppets of Sesame Street have landed and the musical production Sesame Street Live from the United States were hard at work setting up the stage at Putra Stadium, Bukit Jalil, for...
AIG files for AIA’s listing in HK
HONG KONG: American International Group Inc (AIG) has filed an application with the Hong Kong Stock Exchange seeking approval to list its Asian life insurance business AIA Group Ltd, a source...
Sabah govt unhappy with delay in airport project
KOTA KINABALU: The Sabah government is unhappy over the prolonged delay in the completion of the Kota Kinabalu International Airport expansion project. Chief Minister Datuk Musa Aman said yesterday...
GM IPO roadshow after US elections
NEW YORK: US automaker General Motors Co plans to begin courting investors for its initial public offering immediately after the Nov 2 US mid-term congressional elections, two sources familiar with...
Possible mortgage cap on property not a concern
KUALA LUMPUR: Preemptive measures to curb purchases in certain property segments may yield temporary results as buoyant consumer sentiment and demand for good locations are expected to sustain....
SunCity to raise stake in Sunway Lagoon
KUALA LUMPUR: Sunway City Bhd (SunCity) plans to acquire 45% stake in Sunway Lagoon Sdn Bhd for RM128.6mil cash. The proposed acquisition will raise its stake in Sunway Lagoon to 96% from 51%. In a...
Waterfall in Jelebu found not safe
SEREMBAN: The Lata Kijang recreational forest in Jelebu near here has been temporarily closed after the soil structure in the area was found to have been destabilised following heavy rains in recent...