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June 22, 2018 1:15 PM Refugee returns to Syria must be coordinated with UN: Merkel

BEIRUT: The return of Syrian refugees to their homeland can only happen in coordination with the United Nations, German Chancellor Angela Merkel said on Friday during her two-day visit to Lebanon. Refugee returns have been a hot-button issue in Lebanon, a small country that has the world's highest number of refugees per capita. "We want to contribute 5

June 22, 2018 11:04 AM Comfort Gloves buys Perak land for RM13.22m

PETALING JAYA: Comfort Gloves Bhd is acquiring a piece of land measuring about 157,500 square metres in Kinta, Perak for RM13.22 million. The company said its wholly owned subsidiary Comfort Rubber Gloves Industries Sdn Bhd had on June 22 entered into a sale and purchase agreement with Nestle Manufacturing (Malaysia) Sdn Bhd for the land purchase 5

June 22, 2018 9:54 AM Icon Offshore receives RM23m vessel contract

PETALING JAYA: Icon Offshore Bhd has bagged a RM23 million contract to provide one utility vessel to Hess Exploration and Production Malaysia B.V. It told Bursa Malaysia that the contract is for a period of three years with two extension options of one year each. The contract is expected to contribute positively to Icon Offshore's earnings, order book and net assets 4

June 21, 2018 6:58 PM And Najib’s trial begins

Yang Arif, our first case is the Pakatan Harapan Government versus Najib Razak. Yes, Yang Arif. Now we are no longer allowed to say ‘Government of Malaysia’. We have been instructed to say ‘Pakatan Harapan Government’. Yes, Yang Arif. All our letterheads, signboards, brochures and so on have been changed, even in our embassies all over the world 4

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 12:14 PM Share Market closes below 1,700 points, 31st day of consecutive foreign selling and FOREX reserves down RM8.5 billion

Today was the 31st day of consecutive foreign selling of our share market. RM264.9 million left Malaysia today (Thursday) in addition to the RM238.8 million, RM555 million and RM383.96 million from Monday to Wednesday. This means foreign investors have pulled RM9 billion out of our stock-market since beginning of May on top of the estimated RM20 billion 4

June 20, 2018 3:54 PM Communications and Multimedia Ministry to audit two MCMC funds

PUTRAJAYA: The Ministry of Communications and Multimedia will conduct an audit on two Malaysian Communications and Multimedia Commission (MCMC) fund groups following enquiries regarding their management. Its minister Gobind Singh Deo (pix) revealed the two funds as MCMC Fund, established under the Communications and Multimedia Act 1998, and the Universal 5

June 20, 2018 1:37 PM Gabungan AQRS bags RM60m project

PETALING JAYA: Gabungan AQRS Bhd has been awarded a sub-contract worth RM60.22 million for the execution and completion of sub-structure, toll plaza building and motorcycle lane works of the Elevated Sungai Besi-Ulu Kelang Highway privatisation project. In a filing with Bursa Malaysia today, the group said its wholly owned subsidiary Gabungan Strategik 4

June 20, 2018 11:07 AM MYEG explores payment processing in the Philippines

PETALING JAYA: MY E.G. Services Bhd (MYEG) is looking to register its associate company I-Pay MYEG Philippines Inc as a financial technology solutions business enterprise license applicant in the Cagayan Special Economic Zone and Freeport. In a filing with Bursa Malaysia today, MYEG said I-Pay MYEG has entered into a memorandum of understanding (MOU) 4

June 20, 2018 5:45 AM MRCB's Salim to retire on July 2

PETALING JAYA: Malaysian Resources Corporation Bhd's Group Managing Director Tan Sri Mohamed Salim Fateh Din, will retire on July 2, 2018 to make way for his son Mohd Imran Mohamad Salim to takeover helm of the group. The stock was up half a sen at 65 sen with some 2.3 million shares changing hands, at the end of morning trade. Mohd Imran, an executive 3