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September 5, 2018 7:51 AM EPF sees 7.64% increase in investment income in Q2

PETALING JAYA: The Employees Provident Fund (EPF) saw a 7.64% increase in total investment income to RM12.39 billion for the second quarter ended June 30, 2018 against RM11.51 billion in the previous corresponding period. In a statement released today, the pension fund's deputy CEO (Investment) Datuk Mohamad Nasir Ab Latif said the trading environment 126

September 3, 2018 1:28 PM BNM seen holding key rate

KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to keep its benchmark interest rate unchanged at a meeting tomorrow, as it keeps tabs on how far the United States and China will take their ongoing trade war. All 11 economists polled by Reuters see BNM holding its overnight policy rate at 3.25%. Malaysia has raised its policy rate once this year – by 25 basis 16

September 2, 2018 10:02 AM Asian Games medals a morale booster: Nicol

SEPANG: The gold and bronze medals won at her last appearance in the Asian Games will be Datuk Nicol Ann David's morale booster to pursue success in the new season of the PSA Tour championships. "It always gives nice vibes to win after sometime ... it is also good to win a gold medal in the Asian Games. "Feeling fresh after the Asian Games, I think I will start 8

September 1, 2018 9:26 AM Customs DG hangs up after failing to get through on SST hotline?

PETALING JAYA: Did Customs director-general Datuk Seri T. Subromaniam learn the hard way how tough it is getting through a telephone helpline? China Press reported that Subromaniam hung up the phone after struggling to demonstrate how his own department's Sales and Service Tax (SST) hotline worked during a SST briefing in Johor Baru yesterday. The newspaper 61

August 31, 2018 6:56 AM Hong Kong's Sarah Lee eases into sprint final

JAKARTA: Hong Kong's Sarah Lee Wai-sze eased into women's sprint final as she went in search of her second track cycling gold at the Asian Games on Friday. The defending champion, who set a tournament-record 10.583 seconds in Thursday's qualifying round, beat South Korea's Cho Sun-young in two straight races. The 31-year-old former Olympic keirin bronze 15

August 31, 2018 1:32 AM Asian Games: Athletics squad head home empty-handed

JAKARTA: The national athletics squad had a disappointing outing not clinching even a single medal in the 2018 Asian Games track-and-field events which came to a close at the Gelora Bung Karno Main Stadium here, last night. Even more disappointing was the disqualification of the national men's 4x100m quartet comprising national sprint King Khairul Hafiz 20

August 29, 2018 1:17 PM Malaysia targets 80% rice self-sufficiency by 2022

SERDANG: Malaysia targets to achieve 80% self-sufficiency in rice by 2022, moving up from the current 70%, said Agriculture and Agro-based Industry Minister Datuk Salahuddin Ayub. He said efforts were being made in that direction, such as increasing the rice variants and fertiliser and opening the door for technology transfer from China, Taiwan and Japan 7

August 28, 2018 8:11 AM May kicks off first Africa tour as British PM

CAPE TOWN: British Prime Minister Theresa May touched down in Cape Town Tuesday as she kicked off a tour of the African continent where she hopes to lay the foundations for post-Brexit trade deals. May is facing pressure at home from so-called Remainers sceptical of her ability to forge trade deals once Britain severs ties with Brussels, as well as from Brexiteers 11

August 27, 2018 2:01 PM China plans law against sexual harassment

BEIJING: China is planning new legislation which would ban sexual harassment and make employers responsible for preventing it, state media reported Monday. It would then go to a vote at the rubber-stamp legislature, the National People's Congress (NPC). The proposed regulations would ban sexual harassment and include a definition of what constitutes 10

August 27, 2018 5:45 AM MSWG to monitor all financially troubled and China-based companies from 2019

KUALA LUMPUR: The Minority Shareholders Watch Group (MSWG) will expand its assessment coverage to include all Practice Note 17(PN17) companies and China based listed companies from next year. The minority shareholders activism group's CEO Devanesan Evanson told reporters that the decision to monitor all PN17 companies and China based listed companies 15