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June 22, 2018 10:19 AM Former labuan MP invited to join Warisan: Salim

LABUAN: Parti Warisan Sabah (Warisan) Labuan chief coordinator Salim Abdul Rahman said today former Labuan MP Datuk Suhaili Abd Rahman had neither the intention to grab power nor to be the Labuan divisional chief. He said he had invited Suhaili to join Warisan to help strengthen the party on the duty-free island. "It was actually we who offered him to take the lead as he had a proven 4

June 22, 2018 7:20 AM Financial aid needed to repair damaged school roof

KUALA LUMPUR: Teachers and parents are relieved that financial aid will be given to a primary school along Jalan Ladang Perut Putih which had been hit by heavy rainstorm last month. The cost of repairs is estimated at RM50,000 and Kepong MP Lim Lip Eng has pledged RM20,000 to help fund the cost of repairs. The rainstorm caused part of the school's roof to collapse 4

June 21, 2018 1:00 PM Kenanga appointed underwriter of Nova Wellness IPO

KUALA LUMPUR: Nova Wellness Group Bhd, which is involved in the nutraceutical industry in Malaysia, has signed an official underwriting agreement recently with Kenanga Investment Bank Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd (Bursa Securities). Kenanga Investment will act as the company’s principal 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 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 21, 2018 9:00 AM Ambrin to audit all federal ministries: Salahuddin

KUALA LUMPUR: There will be no escape for errant civil servants as the special investigation committee headed by former Auditor-General Tan Sri Ambrin Buang will be looking into a full audit of all ministries, according to Agriculture and Agro-based Industry Minister Salahuddin Ayub. He said the decision to audit all federal ministries was made during 8

June 21, 2018 12:10 AM New Zealand PM in hospital to give birth

WELLINGTON: New Zealand Prime Minister Jacinda Ardern is in hospital to give birth, her office said Thursday, handing over duties to her deputy ahead of the delivery. The 37-year-old is set to become only the second world leader to have a child while in office, capping a meteoric year just months after she took over the country's top job in October 3

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 5:09 AM MB Selangor: Azmin 2 – Wan Azizah 0

KUALA LUMPUR, June 19 — PKR leaders Datuk Seri Anwar Ibrahim and Datuk Seri Dr Wan Azizah Wan Ismail rallied today behind the appointment of Amirudin Shari as the new Selangor mentri besar that was criticised by a party member. PKR de facto leader Anwar tweeted that the issue could be resolved amicably within Pakatan Harapan (PH). Dr Wan Azizah, who is PKR president 9

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 9