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September 5, 2018 7:56 AM 'No helmet, no fuel' for Bangladesh bikers

DHAKA: Motorcyclists without helmets will be barred from buying fuel at filling stations in the Bangladesh capital Dhaka, police said. The move is part of efforts to quell tensions after the city of nearly 20 million people was rocked by angry protests about poor road safety last month. "The petrol pumps (owners) have already been told not to sell fuel to any motor 66

September 4, 2018 12:34 PM EPF: Rise in approvals for flexible withdrawals in Q2

PETALING JAYA: The Employees Provident Fund (EPF) reported that 40% more contributors reaching the age of 55 and 60 in the second quarter of 2018, opted to retain part of their savings with EPF to earn dividends. There was a 48.65% increase to 67,969 (RM2.92 billion) approved applications for “Age 55 Flexible Withdrawal” in the second quarter, compared 19

August 31, 2018 2:59 AM French unions call Oct 9 strike against 'ideological' Macron policies

PARIS: Unions in France on Thursday called for a strike for Oct 9 in protest at the "ideological policies" of French President Emmanuel Macron's government. The CGT and FO unions, as well as two national student unions, denounced "ideological policies targeting the destruction of our social model, favouring notably the explosion of inequality and the breaking 11

August 30, 2018 7:00 AM New automotive policy by year-end, Senate told

KUALA LUMPUR: The government is to announce by the end of this year a new National Automotive Policy, said Deputy International Trade and Industry Minister Dr Ong Kian Ming (pix). The new policy would ensure that the automotive industry remained competitive and benefited the people, he told the Dewan Negara. "We are reviewing the National Automotive 11

August 26, 2018 9:12 AM Education Ministry to build and relocate 26 Chinese schools

THE Education Ministry is working on building and relocating a total of 26 Chinese primary schools based on the "10+6+10" formula. According to a report in Nanyang Siang Pau today, Deputy Education Minister Teo Nie Ching said the Pakatan Harapan government will not only implement the "10+6" (building 10 new Chinese primary schools and relocating six others) 6

August 24, 2018 11:41 AM IRB confirms RM16.046b unreturned tax refunds

PETALING JAYA: The Inland Revenue Board (IRB) today confirmed that the previous government did not return a total of RM16.046 billion in excess income tax and real property gains tax as at May 31, 2018 to taxpayers, mainly due to the shortfall in the Tax Refund Fund (TBBC). This, it said, involves 1.65 million cases comprising companies, individuals 9

August 21, 2018 2:24 PM Penang govt to meet affordable housing pledge by 2020

GEORGE TOWN: The Penang state government will meet its 14th General Election pledge to build 75,000 units of low-cost, low-medium cost and affordable houses in the state by 2020. State Housing, Local Government and Urban and Rural Development Committee chairman Jagdeep Singh Deo said the state government was confident the total could exceed 100,000 units 12

August 16, 2018 3:10 PM Govt saves RM38.5m annually with dissolution of SPAD: Anthony Loke

KUALA LUMPUR: The dissolution of the Land Public Transport Commission (SPAD) can save the government RM38.5 million annually in terms of the cost of management expenditure, said Transport Minister Anthony Loke Siew Fook. He said the transition of SPAD to the Land Public Transport Agency would no longer need the involvement of personnel as members of the commission 10

August 15, 2018 1:01 PM Petronas Gas Q2 earnings up 19.7%

PETALING JAYA: Petronas Gas Bhd’s earnings rose 19.7% to RM509.3 million in the second quarter (Q2) ended June 30 from RM425.3 million in the previous corresponding quarter in tandem with higher revenue. Revenue for the quarter grew 15.7% to RM1.36 billion, compared with RM1.17 billion in the same period last year, mainly contributed by the group’s new LNG regasification 17

August 15, 2018 11:44 AM Government will repay RM19.25b GST refunds from 2019

PETALING JAYA: Finance Minister Lim Guan Eng said in a statement today that the government will repay RM19.25 billion in outstanding GST refunds to 121,429 companies and individuals from next year. The GST Refunds Trust Account currently only holds RM148.6 million and Lim did not elaborate on how the government would make good on the payments, which 13