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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 35

September 3, 2018 3:09 PM Vertice joint-venture company wins RM815m contract in related party deal

PETALING JAYA: Vertice Bhd's 50:50 joint venture (JV) company with Vizione Holdings Bhd, Buildmarque Construction Sdn Bhd was awarded an RM815 million contract by Consortium Zenith Construction Sdn Bhd to undertake construction works for Package 2 of the Penang Mega Infrastructure Project. The award is for the construction of a 5.7km by-pass from Bandar 10

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 6

September 3, 2018 12:39 PM Cameroonian rights activist 'missing' for weeks: Family

DOUALA: A prominent Cameroonian rights activist has been missing for nearly a month after heading to the restive anglophone region on a fact-finding mission, his partner said Monday. Franklin Mowha, the head of the Frontline Fighters for Citizen's Interest, disappeared after leaving the commercial capital Douala on Aug 6 for Kumba, a town in the English-speaking 15

September 2, 2018 2:53 PM Licence for foreign deep sea fishing boat to be abolished

KUALA TERENGGANU: The Agriculture and Agro-based Industry Ministry will cease with the issuing of deep sea fishing licence to foreign fishermen to protect the interest of local fishermen, said its minister, Datuk Salahuddin Ayub. He said 828 deep sea fishing licences had been issued by the Malaysian Fisheries Department to foreign and local fishermen 8

September 1, 2018 6:23 AM Dr M on two-day official visit to Brunei

PUTRAJAYA: Prime Minister Tun Dr Mahathir Mohamad will make a two-day official visit to Brunei from tomorrow. The Foreign Ministry, in a statement, today said Dr Mahathir would be accompanied by his wife Tun Dr Siti Hasmah Mohd Ali, Foreign Minister Datuk Saifuddin Abdullah and officials from the Prime Minister's Department and Foreign Ministry 8

August 30, 2018 6:58 AM RHB grows Q2 net profit by 12.2% on higher net interest income and lower credit losses

PETALING JAYA: RHB Bank Bhd grew second quarter ended June 30, 2018 net profit by 12.2%, on higher net interest income, income from Islamic banking business and significantly lower credit losses. Lower credit losses was mainly due to a RM19.0 million charge for equity instruments designated at fair value through other comprehensive income for the quarter 9

August 24, 2018 12:58 PM No charges owed to Seletar Airport over Jho Low's jet

SINGAPORE: No charges are owed to Seletar Airport over the private jet allegedly belonging to fugitive businessman Low Taek Jho or Jho Low parked at the airport, according to the Changi Airport Group (CAG). "The private jet in question is parked at a private company's hangar at Seletar Airport. There are no charges owed to Seletar Airport," a CAG spokesman 16

August 24, 2018 5:17 AM 'Malaysia 1' number plate collects record RM1.1m

PUTRAJAYA: The "Malaysia 1" special number plate received a bid of RM1.1 million, making it the highest amount paid for a single car plate. Transport Minister Anthony Loke said the government has collected over RM13.16 million for the "Malaysia" special plate series, with a total of 3,353 successful tenders from an overall 9,166 bidders 11

August 22, 2018 9:45 AM Anti-Muslim rant sparks backlash against AFL personality

SYDNEY: A leading Australian media personality sparked controversy Wednesday after lashing out at the nation's Muslim community, saying they "share no common interest" with the rest of the country. Sam Newman, a former Aussie Rules football player who co-hosts the popular "Footy Show" on commercial television, was reacting after two leading Muslim players 11