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August 2, 2018 9:33 AM SBST bus service expected to commence operations in January 2019

KUALA LUMPUR: The bus service for the Stage Bus Service Transformation (SBST) programme in Kuching is expected to commence operations in January next year, said Deputy Transport Minister Datuk Kamarudin Jaffar (pix). He said a total of 130 new buses are available covering 27 routes with 15 core routes and 12 connecting routes with a total distance of 560km. "A total 32

August 2, 2018 8:04 AM Pan Borneo Highway project's mechanism, direction to be finalised by Sept

KUALA LUMPUR: The mechanism and direction of the Pan Borneo Highway mega project in Sabah and Sarawak is expected to be finalised and a decision made at the latest by early September, said Works Minister Baru Bian (pix). He said his ministry would appoint an independent consultant to review the implementation of the project involving the work packages 27

August 2, 2018 4:17 AM More than RM8b spent on PLKN

KUALA LUMPUR: The government has spent RM8.43 billion on the National Service Training (PLKN) programme which was started in 2004. Defence Minister Mohamad Sabu said the bulk of the expense (43%) was on rental of training camps. "During the 14 years it was implemented, a total of 885,956 youths underwent training and of these, 356,411 former trainees 23

August 2, 2018 4:14 AM AirAsia bullish on Indonesian market

JAKARTA: Malaysian low-cost carrier AirAsia, which will start flights to Silangit Airport, Indonesia, the main gateway to Lake Toba from Oct 28, is looking to increase its services in Indonesia, a market in which it sees huge potential. Speaking at a press conference in conjunction with the official launch of the new route today, AirAsia Group CEO Tan Sri Tony Fernandes 185

August 1, 2018 2:14 PM TM reiterates commitment to business integrity

KUALA LUMPUR: Telekom Malaysia Bhd (TM) has reiterated that the company has the highest code of conduct in corporate governance and integrity, and undergoes continuous improvement while adhering to industry best practices. "We are committed to maintaining the highest degree of integrity, transparency and accountability in the conduct of our business 130

August 1, 2018 1:14 PM Exports to pick up in June, says RAM

PETALING JAYA: Malaysia’s export growth is expected to pick up to 8.7% in June from 3.4% in May on the back of steady demand from key export markets, while trade surplus is projected to stand at RM11.1 billion said RAM Ratings. The increase is expected despite the slowdown envisaged due to the Hari Raya festive season – thanks to the continued improvement 79

August 1, 2018 1:11 PM Four new captives for Labuan IBFC

KUALA LUMPUR: Labuan International Business and Financial Centre (Labuan IBFC) envisages a positive trend in the take-up of captive insurance following four approvals in the first half of the year. The midshore centre is also one of the financial centres in the Asian region to approve the most captive entities last year. To date, there are a total of 47 captives 73

August 1, 2018 8:48 AM Zanu-PF wins most seats in Zimbabwe parliament: poll body

HARARE: Zimbabwe's ruling Zanu-PF party won the most seats in parliament, official results showed Wednesday, as the count continued in the presidential race and the opposition MDC cried foul, alleging widespread fraud. EU observers are due to give their preliminary report on Zimbabwe's election later Wednesday, two days after the vote — the first ballot 83

August 1, 2018 7:29 AM India bans vaccine imports from tainted China company

NEW DELHI: India has banned the import of a rabies vaccine from a Chinese manufacturer embroiled in a safety scandal, the head of India's drug regulator told a newspaper in comments published Wednesday. "The vaccine is being used in India, but we don't have the exact details of the total number of units imported or where they have been distributed 173

July 31, 2018 12:57 PM Asdion reports 107% deviation in FY18 net loss

PETALING JAYA: Asdion Bhd has reported a deviation of 107.55% between its audited and unaudited net loss for the financial year ended March 31 (FY18) due to additional impairment charges and charges related to its purchase of a 50% interest in Maxillion Link Enterprises Ltd. In a filing with Bursa Malaysia today, the group said that it made a loss after 77