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June 22, 2018 1:20 PM Special body for overall TVET implementation: NUTP president

KUALA LUMPUR: A special body needs to be established to monitor the overall implementation of the Technical and Vocational Education Training (TVET) policy, said National Union of Teaching Profession (NUTP) president Kamarozaman Abd. Razak. He said although a TVET Committee would be formed to upgrade the status of its education, a special body was also needed 5

June 21, 2018 2:40 PM Opec confident of deal ahead of crucial talks with partners

VIENNA: Organisation of the Petroleum Exporting Countries (Opec) energy ministers expressed optimism today they were nearing a compromise on oil output policy, with Saudi Arabia acknowledging that a big production increase would be "politically unacceptable" to arch foe Iran. Opec and non-Opec partner countries are due to hold crunch talks here today 4

June 21, 2018 9:09 AM USM is world’s 14th best young university

GEORGE TOWN: Universiti Sains Malaysia (USM) has been listed as the world's 14th best young university in the recently released Quacquarelli Symonds (QS) Top 50 under 50 global rankings. It was ranked 23rd in 2016. USM vice-chancellor Prof Datuk Dr Asma Ismail said the significant improvement is a result of the university's continuous improvement as a learning 5

June 20, 2018 1:41 PM Malaysia's inflation rate in May rises at fastest pace in four months

PETALING JAYA: Malaysia's consumer price index (CPI) increased 1.8% in May 2018 – the fastest pace in four months – to 121.1 compared with 119.0 in the corresponding month of the preceding year due to a strong recovery in transport prices. According to the Department of Statistics, among the major groups which recorded increases were transport (+3.8%); food & non-alcoholic 6

June 20, 2018 2:42 AM Bursa Malaysia snaps eight-day losing streak, opens higher

KUALA LUMPUR: Bursa Malaysia snapped an eight-day losing streak to open higher today as bargain-hunting took place. The local bourse slumped to an over six-and-a-half month low at yesterday's close. But at 9.08am today, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 10.02 points stronger at 1,725.38 from Tuesday's close of 1,715.36. On the broader 10

June 18, 2018 3:11 AM Iris shares rise 14.81% on proposed share issuance

PETALING JAYA: Iris Corp Bhd’s share price rose 14.81% this morning after it announced plans to raise RM59.33 million from a proposed share issuance last week. At 10.51am, its share price was 14.81% or 2 sen higher at 15.5 sen with 99.09 million shares traded, making it the top most active stock this morning. Last Thursday, its share price rose 3.85% to close 4

June 14, 2018 2:06 PM All eyes tracking Tiger as 118th US Open tees off

SOUTHAMPTON, United States: Tiger Woods's latest bid to end his 10-year major championship drought begins Thursday at a US Open stacked with talent and packed with compelling story lines. By the time Woods was to tee off at Shinnecock Hills at 1:47 pm (1747 GMT) — alongside world number one Dustin Johnson and second ranked Justin Thomas — the powerhouse 11

June 14, 2018 2:37 AM Gas Malaysia unchanged following tariff revision

PETALING JAYA: Gas Malaysia Bhd's share price remained unchanged this morning after it announced a higher average effective natural gas tariff for the non-power sector in Peninsular Malaysia at RM32.69/MMBtu from July 1 to Dec 31, 2018, 17 sen or 0.5% higher than the RM32.52/MMBtu from Jan 1 to June 30, 2018. At 10.26am, Gas Malaysia was trading at RM2.94 with 77,600 shares 8

June 13, 2018 3:27 AM BAuto share price up on strong Q4 earnings

PETALING JAYA: Bermaz Auto Bhd's (BAuto) share price rose 2.15% this morning after its net profit for the fourth quarter ended April 30, 2018 more than doubled to RM57.19 million from RM22.21 million a year ago, largely due to higher revenue recorded by the domestic operations, improvement in gross profit margin as a result of the strengthening of the ringgit 11

June 12, 2018 9:41 AM Puspakom agent fined RM10,000 for accepting RM200 bribe

LABUAN: A Puspakom Sdn Bhd agent was today sentenced to a day's jail and fined RM10, 000, in default three months jail, for accepting a bribe of RM200 from a vehicle owner. Sessions Court Judge Abu Bakar Manaf handed out the sentenced on Abdul Azri Mohd Karim, 35, who pleaded guilty to the charge. In meting out the sentence, Abu Bakar said it was to serve 9