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Malaysian Indian Congress party polls this year
The organisational elections of the Malaysian Indian Congress (MIC) will be held within this year as against the party's earlier decision to hold these from January next year. After a meeting of the party's central working committee (CWC) at the party headquarters in Kuala Lumpur Tuesday, MIC president G. Palanivel announced that the decision to hold the party elections this year has been taken ...
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Malaysian village in panic over discovery of Bigfoot prints
About 200 Bigfoot-like footprints have been reportedly discovered near Kampung Kepis Baru, Kuala Pilah, Malaysia, causing panic among villagers. According to Harian Metro reports, a villager named Adnan Pungut, has claimed that he discovered the footprints when he was clearing rubbish and wood at his rubber estate at around 3pm on Saturday. Pungut said that he immediately informed other ...
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Kulim suspended on Thursday for corporate announcement
's securities will be voluntarily suspended from 9am until 12.30pm on Thursday. A Bursa Malaysia Securities circular issued on Wednesday said the suspension was pending the release of an announcement relating to a material corporate exercise. The latest announcement was on May 31 when Kulim announced it was proposing to acquire a 60% equity interest ...
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KLCI ends in the red BAT UMW down
KUALA LUMPUR: The FBM KLCI ended Wednesday in the red amidst volatile trading, spurred by late selling of selected consumer stocks and UMW, while most key regional markets fell. At 5pm, the KLCI fell 1.17 points or 0.07% to 1,772.88. Turnover was 1.43 billion valued at RM1.821bil. Losers beat gainers 417 to 352. 311 were unchanged. Reuters reported European shares edged higher and major ...
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Petronas Dagangan eyes regional airports to expand jet fuel biz
, the domestic marketing arm of Petronas, is approaching several regional airports as part of its plan to further widen its jet fuel segment. Managing Director ...
Movie Review
Ocean's Twelve
Oceans Twelve is a disappointment, a slight and forgettable sequel to 2001s light, breezy remake of the Rat Pack heist comedy Oceans Eleven. If you read all the press around the film, youll know that the all-star cast had an absolutely fantastic time m ... ...
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Gloom lifted from MRCB Southern Link as ratings upgraded
has been lifted with RAM Rating Services' decision to upgrade the respective long-term ratings of its Senior and Junior Sukuk as its liquidity position has improved significantly. The ratings agency said on Wednesday the Senior Sukuk was upgraded from C3 to BBB3 and the Junior Sukuk from C3 also to BB1. The ratings were put on Rating Watch, with a developing outlook. RAM Ratings explained ...
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Malaysias May inflation rate up 1.8 on-year
KUALA LUMPUR: Malaysia's inflation rate in May rose 1.8% from a year ago due to higher costs of food and non-alcoholic beverages and also non-food, exceeding consensus estimate of 1.7%. The Statistics Department said on Wednesday the inflation rate, measured by the consumer price index (CPI), rose from 104.7 to 106.6. "The index for food & non-alcoholic beverages and non-food for ...
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Nazir Bank of Commerce talks to conclude shortly
said on Wednesday negotiations for San Miguel's 58% stake in the bank were still ongoing. He said talks have been dragging on for quite a while now but would be concluded shortly. "There's a chance we'll conclude or walk away," Nazir added. It was reported that CIMB Group had decided to pursue a deal worth nearly US$300mil (RM944.25mil) to buy a 58% stake in Bank of ...
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Moodys Outlook on Chinas life insurance industry stable
KUALA LUMPUR: The outlook on China's life insurance industry is stable, as insurers preserve their profitability and capitalisation levels in the face of expected subdued premium growth in the next 12-18 months, Moody's Investors Service said. In its China Life Insurance Outlook report issued on Wednesday, it said the industry was nearing an inflection point in its development. ...
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Penang freak storm Report complete no human remains found in car wreckage say police
GEORGE TOWN: The police have failed to find any human tissue or blood stains from the car wreckage from the crater in Macalister Road where Lim Chin Aik was believed to be buried. George Town OCPD ACP Gan Kong Meng said police had also completed its report on the missing person Wednesday and would submit it to the Home Affairs Ministry. "The Ministry will then submit the report to the ...
Making the news
Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.
Hassan Rouhani
Iran's president-elect was speaking after his historic election victory.
Hotel Review
Metro Hotel on Pitt
A truly affordable hotel in Sydney, with stylish decor, great location and in-house snazzy brasserie? If the notion of affordable ...
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Should tax havens be forced to lift their shroud of secrecy?
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