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RHB Research maintains Neutral on IHH Healthcare
believes there is a possibility IHH could recapitalise its balance sheet by potentially setting up a REIT vehicle. RHB said its Singapore operations would see improvements in at its Mount Elizabeth Novena Hospital come 2Q13 where the S$2bil (RM5.04bil) hospital has since operationalised 100 beds and is currently breaking even at earnings before interest, taxes, depreciation and amotisation ...
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China’s Comtec to build one of world’s largest solar wafer making plants in Kuching for RM1.2bil
KUCHING: China-based Comtec Solar will build a RM1.2bil solar wafer manufacturing plant at Samajaya Free Industrial Zone near here, which will be one of the world's largest such facilities. The factory, to be built by SinoHydro and scheduled for completion by the end of this year, will create 1,300 new jobs. The company listed on the Hong Kong Stock Exchange said 80% of its workforce here ...
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Haze Muar’s air quality turns hazardous many private kindies close
JOHOR BARU: The air quality in Muar is now hazardous with the Department of Environment's air pollutant index (API) reading hitting 337. Schools in the area, however, remained open and there has been no formal announcement from the State Education Department on the matter. However, several private kindergartens in Muar have sent the children home. Some parents have taken to Facebook to ...
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Highlights Is mal-apportionment pro-rural pro-Malay or pro-Umno
Reset ONE reason why electoral fraud and manipulation have not raised widespread objection is the myth that it is the necessary evil for the Malay-Muslims' political dominance. The bipolar society which Malaya was in the 1950s - with about equal number of Malays and non-Malays - led the Malay nationalists to be highly suspicious of democracy. Thinking in zero-sum game's mentality, like ...
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Sumatec up ahead of meeting on OG asset buy plan
shares and warrants advanced on Thursday ahead of a shareholders' meeting on the purchase of of oil and gas (O&G) assets in Kazakhstan on Friday. At 9.55am, Sumatec shares rose 3.5 sen to 24.5 sen. There were 11.45 million shares traded. Its warrants, Sumatec-WA rose two sen to 11.5 sen with 5.55 million units done. However, the FBM KLCI fell 11.12 points to 1,761.76. Turnover was ...
Movie Review
The Curious Case of Benjamin Button [Blu-Ray]
While the title would seem to suggest a story of relative modesty, The Curious Case of Benjamin Button is anything but. Running nearly three hours in length and spanning some 80 years of American history, from World War I to Hurricane Katrina, ... ...
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Malaysias KLCI falls nearly 10 points in early trade
KUALA LUMPUR: Malaysia's FBM KLCI fell nearly 10 points in early trade, reflecting the cautious key regional markets, after the US Federal Reserve said it would begin slowing the pace of its bond-buying stimulus later this year. At 9.02am, the KLCI was down 9.85 points to 1,763.03. Turnover was 66.90 million shares valued at RM21.86mil. There were 35 gainers, 158 losers and 94 counters ...
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Ringgit falls to 1-yr low at 3.2010 versus US dollar
KUALA LUMPUR: The ringgit fell to a one-year low of 3.2010 against the US dollar in early trade on Thursday. At 9.21am, it was quoted at 3.1991 against the greenback. Bloomberg reported the 1.6% fall to 3.2010 was the most since Nov 1, ...
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Hong Kong national involved in a train-car accident in Kota Kinabalu dies
KOTA KINABALU: The 50-year-old Hong Kong national who was involved in a train-car accident on Wednesday evening has died. He succumbed to his injuries several hours after the 5.40pm crash at Jalan Lintas while on his way to the Kota Kinabalu International Airport I with three others. The three passengers escaped with minor injuries. Investigations are continuing. Police said initial ...
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Penang freak storm Only part of Jalan Macalister is open to traffic CM annoyed
on the work being carried out. "Penang Municipal Council (MPPP) have completed their work on the road and it is ready to be opened. "But Umno (JKP) is not done yet. We want to ensure safety of motorist," he said. Lim said Macalister Road was open from Magazine Road junction until Madras Lane while a stretch of about 130m in front of Menara Umno was still cordoned off. Meanwhile, ...
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US stocks down after Bernanke hints at slowing stimulus
said the central bank would start to reduce its stimulus measures later this year if the economy is strong enough. Equities have been closely tethered to ultra-loose monetary policy, which has been key to the S&P's climb of more than 14 percent so far this year. Benchmark 10-year U.S. bond yields jumped to a 15-month high on expectations the Fed will reduce its bond buying. Bernanke ...
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
The Diplomat SAS Radisson Bahrain
Arriving at Bahrain International Airport I followed the signs through to Immigration to have my passport checked, and to buy ...
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Should tax havens be forced to lift their shroud of secrecy?
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- RHB Research maintains Neutral on IHH Healthcare
- China’s Comtec to build one of world’s largest solar wafer making plants in Kuching for RM1.2bil
- Haze Muar’s air quality turns hazardous many private kindies close
- Highlights Is mal-apportionment pro-rural pro-Malay or pro-Umno
- Sumatec up ahead of meeting on OG asset buy plan

