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July 19, 2018 8:25 AM Appeals court dismisses former TV3 news editor's appeal in defamation suit

PUTRAJAYA: Former TV3 news chief editor lost his appeal at the Court of Appeal here today against the High Court order for him to pay RM50,000 in damages to Termeloh Lands assistant administrator for slander. The decision was delivered by a three-man panel comprising Justices Datuk Abang Iskandar Abang Hashim, Datuk Hasnah Mohammed Hashim and Datuk Rhodzariah 9

July 19, 2018 5:08 AM CIMB Thai's Q2 profit down 46.4% on higher bad debts, impairment losses

PETALING JAYA: CIMB Group Holdings Bhd's 94.11%-owned indirect subsidiary CIMB Thai Bank PCL reported a 46.4% decline in net profit to THB191.2 million (RM23.2 million) for the second quarter ended June 30, 2018 against THB356.6 million (RM43.3 million) in the previous corresponding period, mainly dragged by bad and doubtful debts and impairment losses 4

July 17, 2018 11:57 PM AC Milan's Europa League ban appeal set for Thursday

LAUSANNE: AC Milan's appeal against a European ban for breaking UEFA's financial fair play rules will be heard Thursday by the Court of Arbitration for Sport, the court announced. A spokesman for the Lausanne-based court told AFP that the hearing will be at 9:30am and a decision would follow "probably within 24 hours". Last month European football's 5

July 15, 2018 7:50 AM Not a Renong 2.0, please

PRIME Minister Tun Dr Mahathir Mohamad commanded the support of the majority in forming a new Malaysia. A sizeable number in government-linked companies (GLCs) were and are still with the 93-year-old prime minister in his mission to reform the government and reduce excesses. But his plan to change the way some GLCs and their parent company work would 8

July 14, 2018 6:51 AM The Republic of Malaysia and the removal of Islam as Malaysia’s official religion

Using race and religion to sow societal discord and hatred has been proven a failed strategy in the last general election. If leaders of Umno and PAS still fail to realise this, then they truly deserve to be labelled as morons. Our country is now faced with many challenges ahead — to pay a gargantuan national debt of RM1 trillion, a rising interest rate, a looming 10

July 14, 2018 6:22 AM Prasarana to abide by MoF instructions on LRT3

KUALA LUMPUR: Prasarana Malaysia Bhd (Prasarana) will abide by the Ministry of Finance (MoF) instructions on the cost reduction for the light rail transit line 3 (LRT3) project. In a statement today, the state-owned transportation company said it was currently awaiting instructions from the MoF for the rigorous and comprehensive cost rationalisation 8

July 13, 2018 10:06 AM Berjaya Corp acquires 98% stake in Just KPop

PETALING JAYA: Berjaya Corp Bhd's (BCorp) wholly-owned subsidiary Berjaya HR Café Ltd has acquired 98% equity interest in South Korea's Just KPop Ltd (JKP), for KRW98 million(RM354,172). The group told the stock exchange that following the subscription of 19,600 common stocks at par value of KRW5,000 (RM17.87) each, JKP has now become a 98%-owned subsidiary 7

July 13, 2018 9:38 AM Bursa Malaysia ends higher for 5th consecutive day

KUALA LUMPUR: Persistent buying interest in index-linked counters and small capitalisation stocks against a backdrop of positive market sentiment spurred Bursa Malaysia to close stronger for the fifth consecutive trading. At 5pm the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) finished at the intra-day high of 1,721.93, up 18.36 points, from yesterday's 9

July 10, 2018 12:34 AM Bersatu entry will strengthen Pakatan Harapan in Sarawak

MIRI: Parti Pribumi Bersatu Malaysia's (Bersatu) plans to expand to Sarawak will further strengthen the Pakatan Harapan (PH) coalition in the state to prepare for the 12th state election expected to be held in 2021. PH Sarawak secretary Alan Ling Sie Kiong said, Bersatu's intention to spread its wing to Sarawak is a normal political process as other 6

July 7, 2018 4:56 AM Remains of 13th RMN chief buried

KUALA LUMPUR: The remains of former Royal Malaysian Navy (RMN) chief Admiral (B) Tan Sri Ilyas Din were buried at the Raudhatul Sakinah Islamic Cemetery, Selayang here at 10am today. The late Ilyas, 67, died at his residence in Kampung Datuk Keramat here at 10.10pm last night due to a heart attack and kidney complications. His body received its final 11