KUALA LUMPUR (Sept 7): Maxis has launched the Maxis Right Cloud proposition which offers enterprises greater visibility, insights and control of their cloud resources, including workloads on leading public cloud providers. She said the new proposition is built on three important elements: the right cloud, right expertise and right network. According to her, the Maxis Right Cloud is supported by end-to-end in-house capabilities from assessing, designing, building, migrating, securing and managing the cloud infrastructure for businesses. Asked whether Maxis would offer 5G services with Right Cloud, Featherstone said 5G will definitely be a component of the proposition once it is available, which can potentially further enable access to the cloud. For more information about the Maxis Right Cloud portfolio, visit https://business.maxis.com.my/en/campaign/maxis-right-cloud/

September 07, 2021 07:30 UTC

The DAP secretary-general and his son had posed three questions in their interrogatories application for Wan Azri to answer before their defamation suit proceeds. Meanwhile, according to Murali, Wan Azri is said to be contemplating filing an application to strike out the interrogatories application. This had led to the proposed interrogatories application which was to be filed. Guan Eng and his son had filed the suit against Wan Azri on Oct 15 last year for spreading false news about them. The suit was filed because the blogger alleged that Guan Eng and Way Chau had taken RM2 million in undeclared cash into Singapore.

September 07, 2021 06:45 UTC

The victims – Matthew Wong, 50, his wife Jecky Vun Kon Fung, 47, and their children Brendan, 18, and Eric, 15 – were found dead on the upper level of the house. Sabah Fire and Rescue Department operations assistant director Misran Bisara said the remains of the victims were found in two locations. He added that this could have hampered their escape, coupled with the fact that the windows were fitted with grilles, preventing them from getting out. He said the department received a distress call from the victims' neighbour at 2.52am and arrived at the scene five minutes later. The victims' bodies have been handed over to the police for further action.

September 07, 2021 02:37 UTC

SINGAPORE (The Straits Times/Asia News Network): If Covid-19 continues to spread in the community at the current rate, there could be 2,000 new daily cases in a month's time, Finance Minister Lawrence Wong said on Monday (Sept 6). What concerns the authorities is not the absolute number of cases but the rate at which the virus is spreading, said the minister, who co-chairs the multi-ministry task force on the virus. The R value measures the average number of people that one infected person will pass the virus on to. The number of new cases in the community almost doubled to more than 1,200 cases last week, up from around 600 cases the week before. "We know from the experience of other countries that when cases rise so sharply, there would be many more intensive care unit (ICU) cases and also people succumbing to the virus," Wong said.

September 07, 2021 02:15 UTC

Volkswagen chief executive Herbert Diess said Monday it was "impossible" for the German car giant's electric transformation to happen any faster, but he accused Angela Merkel's government of holding back change with generous diesel subsidies. I would question that," the 62-year-old Austrian said, adding that even electric car pioneer Tesla took over a decade to get going. The "dieselgate" scandal saw the popularity of such cars plummet and hastened the electric revolution, but diesel prices have remained relatively low. But Merkel could have been "a bit more decisive" in some areas, the CEO said, such as incentives for electric vehicles. Diess said Germany was nonetheless on the right track, with electric car sales "performing really well".

September 07, 2021 01:52 UTC





NEW YORK: Oil prices fell on Monday after Saudi Arabia's sharp cuts to crude contract prices for Asia revived concerns over the demand outlook. Brent crude futures fell 39 cents to settle at US$72.22 a barrel. The price cuts were larger than expected, based on a Reuters poll of Asian refiners. About 1.5 million barrels per day of oil production in the Gulf of Mexico remain shut in after Hurricane Ida, the Bureau of Safety and Environmental Enforcement said on Monday. The oil rig count last week fell the most since June 2020- Reuters

September 06, 2021 22:30 UTC

PUTRAJAYA: The Special Covid-19 Aid (BKC) cash vouchers prepared by the Finance Ministry must reach the recipients without any delay, says Datuk Seri Ismail Sabri Yaakob. Data from the ministry shows there are 708,223 eligible BKC recipients who do not have bank accounts. Ismail Sabri also said the government would be channelling more assistance to the people starting next month. Ismail Sabri, who initiated the video conference call because he is still undergoing self-quarantine, also advised BSN staffers to ensure BKC recipients who come to collect the aid complied with standard operating procedure (SOP) to prevent Covid-19 transmission. He also said that he was informed that the Finance Ministry would facilitate distribution to the rural community by paying cash to BKC recipients who did not have bank accounts.

September 06, 2021 22:07 UTC

BERA: Rubber tapper Nor Ain Wazir describes the Special Covid-19 Aid (BKC) remitted into her account as a “windfall” for her family as she did not expect to have extra money this month. “I want to use this money to buy food so that we can eat a delicious dinner today. I also want to buy a top-up card for my son because he is taking classes online. Felda Mayam settler Bera C. Machap, 75, said he started queuing at the bank as early as 8.30am after learning that BKC would be remitted to the Bantuan Prihatin Rakyat aid recipients accounts yesterday. The BKC remittance process for Phase One began yesterday, benefiting 10 million recipients comprising the hardcore poor, B40, M40, senior citizens and eligible singles, and involving funds totalling RM3.1bil.

September 06, 2021 22:07 UTC

KUALA LUMPUR: The FBM KLCI’s performance this month will hinge on the country’s ability to maintain its high vaccination rate and accommodate quick economic recovery and growth. The research house said investors will be keeping a close eye on the latest economical, political, corporate and global developments this month, prior to making any market-related investment decisions. “Market watchers will be tracking the release of the Monetary Policy Committee meeting on Sept 9 and tabling of the 12th Malaysia Plan on Sep 27. “Investors will also be looking at potential changes to the government policy following the appointment of the new prime minister and cabinet in Malaysia. CGS-CIMB noted that the index had rallied 106.8 points or 7.1% month-on-month to hit its strongest close in four months.

September 06, 2021 21:56 UTC

KUALA LUMPUR (Sept 6): Development financial institutions (DFIs), or specialised banks, should provide more funding opportunities to micro, small, and medium enterprises (MSMEs), and not just focus on big companies. Putra Business School (PBS) associate professor Ahmed Razman Abdul Latiff said additionally, the purpose of financing these businesses should be more towards contributing to the real economy. “In fact, DFIs, government-linked companies (GLCs), and all government ministries should review their plans with the aim of supporting the economic recovery. With the pandemic, all the more reason that these businesses really should have a clear business plan," he said. If we think that way, finance is only one part of the equation in order to (improve) these businesses," he stressed.

September 06, 2021 11:03 UTC

KUALA LUMPUR: The FBM KLCI slid in morning trade as profit-taking pressure resurfaced after the market ended on a late surge into positive territory last Friday.At 12.30pm, the key index was down 10.53 points to 1,578.66, returning below the 200-day simple moving average after failing to make a decisive breach of the resistance.Kenanga Research said in its technical outlook that it expects the market to be range-bound over the immediate term as it enters a consolidation channel. "On the chart, following the absence of a convincing breakout from the key 200-day SMA line and given the bearish stochastics signal (as the %K line has crossed under the %D line in an overbought territory), the benchmark index could be swinging – with a marginal negative bias – between our existing support and resistance thresholds of 1,550 (S1) and 1,600 (R1) ahead," it said.However, it expects overall investor sentiment to hold up as the number of new Covid-19 infections especially in the major Klang Valley economic hub has peaked while the recent political tension has eased.There was broad-based profit-taking on Bursa Malaysia with 619 decliners versus 388 gainers.On the blue-chip FBM KLCI, 23 of the 30 constituent counters slipped into the red.Leading decliners included Public Bank down five sen to RM4.09, Petronas Chemicals shedding nine sen to RM8.15 and Maybank dropping four sen to RM8.32.Telcos moved lower led by Axiata sliding six sen to RM4.04, Maxis shaving five sen to RM4.59 and Digi losing one sen to RM4.40.In plantations, Sime Darby Plantation fell five sn to RM3.93 while PPB Group dropped eight sen to RM18.30 and Kuala Lumpur Kepong slid 68 sen to RM20.82.Among gainers, MPI rose RM1.12 to RM46.02, Genetec was up RM1.06 to RM31.28 and Vitrox rose 44 sen to RM19.02.Top actives were Bina Puri down 0.5 sen to 5.5 sen, Emico jumped 9.5 sen to 46.5 sen and KNM was up 1.5 sen to 30 sen.In Asian markets, sentiment was propped up as a disappointing US payrolls report over the weekend affirmed expectations that the Federal Reserve will maintain a loss monetary policy.Japan's Nikkei climbed 1.8% while South Korea's Kospi was little changed.China's main index rose 1% and Hong Kong's Hang Seng gained 0.5%. Australia's ASX200 slipped 0.1%.

September 06, 2021 04:52 UTC

It's now possible to manage a severe leaky right heart valve, or what is medically termed as tricuspid regurgitation, without having open heart surgery. The superior vena cava carries blood from your head, neck, upper chest and arms, while the inferior vena cava carries blood from the rest of the body below that. While this delivery system does not disturb the native leaky tricuspid valve, the two valves deployed in the vena cava effectively help to replace its function and reduce the symptoms of heart failure that result from severe tricuspid regurgitation. In tricuspid regurgitation, the valve between the two right heart chambers (right atrium and right ventricle) – known as the tricuspid valve – has become leaky, allowing blood to flow back into the heart’s right atrium. coexisting mitral regurgitation in the left heart valve.

September 06, 2021 04:52 UTC

PUTRAJAYA: Employers will be supplied with Covid-19 test kits in an initiative to contain the spread of the virus at workplaces, says Human Resources Minister Datuk Seri M Saravanan. The initiative - known as Recovery Phase Covid-19 screening programme - kicks off on Monday (Sept 6) following the reopening of more economic sectors under Phases One and Phase Two of the National Recovery Plan. “By providing employers with the test kits, this will support efforts to ensure workplaces are safe from Covid-19,” he said. Saravanan said Socso had also been directed to assist in the screening process for workers, this time by providing employers with RTK antigen test kits. Information on how the application process for the Recovery Phase Covid-19 screening programme can be obtained on the Socso website at www.perkeso.gov.my and the Prihatin screening programme portal at psp.perkeso.gov.my

September 06, 2021 04:41 UTC

According to a statement accompanying its IPO prospectus, CEKD is a die-cutting solutions provider as well as manufacturer of die-cutting moulds and trader of related consumables, tools and accessories. "We are committed to sustaining our reputation and creating value for our shareholders," said CEKD managing director Yap Kai Ning. The listing involves the issue of 50.59 million new shares at an issue price of 48 sen apiece. Pursuant to the underwriting agreement, M&A Securities will be underwriting for shares available for application by the Malaysian public. Article type: metered User Type: anonymous web User Status: Campaign ID: 46 Cxense type: free User access status: 3Join our Telegram channel to get our Evening Alerts and breaking news highlights

September 06, 2021 03:22 UTC

China needs to adapt regulatory measures to guard against Internet and data security risks associated with the development of intelligent vehicles, such as the unauthorised collection of personal information, according to an official at the information technology ministry. “If regulatory measures cannot keep up in time, network security issues such as network attacks and network intrusions may post major security risks,” Xin Guobin, a vice minister with the Ministry of Industry and Information Technology, said at a forum in the city of Tianjin on Saturday. Industry regulators will require companies to conduct self-inspections on automobile data security, network security and software upgrades, Xin said. It will study entrance standards for access to the intelligent-car network, according to the vice minister. China is the world’s biggest market for alternative-energy vehicles, prompting concerns of over-investment and excessive capacity building.

September 06, 2021 03:00 UTC