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April 24, 2018 7:12 AM Sumatec signs MoA with China National Petroleum’s subsidiary

PETALING JAYA: Sumatec Resources Bhd has inked a memorandum of agreement (MoA) with Liaohe Oilfield of CNPC, a subsidiary of China National Petroleum Corp (CNPC-Liaohe) for the exploration and development of the Rakushechnoye oil and gas field project. Under the MoA, CNPC-Liaohe will provide full technical service including subsurface, drilling and production 5

April 19, 2018 8:00 AM JAIS officer admits warrant didn’t say could seize books

ZI Publications Sdn Bhd director Ezra Zaid is seen at the Federal Court, Putrajaya in this file picture taken on September 28, 2015. — Picture by Saw Siow Feng PETALING JAYA, April 18 — The search warrant obtained by Selangor religious enforcers to raid ZI Publication Sdn Bhd over a book titled Allah, Kebebasan dan Cinta did not expressly permit them to seize 6

April 17, 2018 6:38 AM Mier sees inflation moderating to 3pc

Executive Director of Mier Zakariah Abdul Rashid speaks at the 23rd Corporate Economic Briefing in Kuala Lumpur April 17, 2018. — Picture by Miera ZulyanaKUALA LUMPUR, April 17 — Malaysia’s inflation rate is set to dip to 3 per cent in 2018 on the back of the local currency’s recovery, according to the Malaysian Institute of Economic Research (Mier) 9

April 17, 2018 5:37 AM Khazanah announces changes to senior leadership team

KUALA LUMPUR, April 17 — Khazanah Nasional Bhd today announced new appointments and changes to its senior leadership team. In a statement, the fund said, Amran Hafiz Affifudin, Director, Investments was promoted to Executive Director, Investments and Bryan Lim, Director, Investments, was promoted Executive Director, Investments. “Lim will continue in his current 6

April 16, 2018 2:46 PM Non-urban constituencies with lower income key battleground in GE14, research reveals

Higher growth in income in Opposition-run areas could further ‘entrench’ the support of non-BN parties in these areas, Dr Lee argues. ― Picture by Zuraneeza ZulkifliKUALA LUMPUR, April 16 — Non-urban constituencies with relatively lower household income will be a key battleground for Malaysia’s forthcoming polls as support for Opposition parties tend to be “entrenched 6

April 14, 2018 12:57 AM Health Ministry finds cure for Hepatitis C

GEORGE TOWN: Medical officers from five hospitals under the Health Ministry have made a breakthrough in producing a cure for Hepatitis C. The success of a study carried out by medical officers from Alor Star Hospital, Selayang Hospital, Ampang Hospital, Kuantan Hospital and Sungai Buloh Hospital was announced at the International Liver Congress held in Paris 9

April 13, 2018 1:09 PM Armed robbery: Two friends sentenced to 12 years jail, whipping

PETALING JAYA: Two friends were sentenced to 12 years jail and were ordered to be given seven strokes of the rotan each by the sessions court here today, for committing armed gang robbery in January. Judge Mabel S. Muttiah meted out the sentences on mechanic S. Theventhiran, 38, and personal driver M. Nagan Kumar, 40, after they changed their plea to guilty 9

April 13, 2018 11:21 AM Your anti-palm oil policy is ‘colonialism’, Malaysian group tells UK supermarket chain

A worker collects palm oil fruit after harvesting at a plantation in Kampung Bukit Hijau, Kuala Selangor March 14, 2018. — Picture by Mukhriz HazimKUALA LUMPUR, April 13 — British supermarket chain Iceland should be “ashamed” of its anti-palm oil policy which will deprive thousands of poor farmers in Asia, Africa and Latin America of much-needed income 10

April 12, 2018 12:51 PM Wholesale, retail sales value up 7.5% in February

PETALING JAYA: Wholesale and retail trade sales value rose 7.5% to RM97.3 billion in February compared with the RM90.5 billion registered in the corresponding period last year, on the back of the positive growth of 9.2% and 7.5% in retail trade and wholesale trade, respectively. On a month-on-month (mom) basis, wholesale and retail sales declined 3.8% from RM101.1billion 6

April 12, 2018 11:17 AM World Bank specialist: Malaysia’s advanced financial regulatory framework, supervisory practices attract investors

World Bank lead financial sector specialist Jose de Luna-Martine said many international banks recognised the fact that Malaysia had adopted the best international standard in terms of regulations and supervisory practices, and was one of the early adopters of Basel III, the international regulatory framework for banks. — Reuters picKUALA LUMPUR, April 5