Alphabet Inc’s Google will begin to make its Chromebook laptops in India, the latest among global tech companies to expand assembly in the key growth market. The country of 1.4 billion people has been expanding its electronics manufacturing sector as companies diversify production beyond China amid growing Washington-Beijing tensions. Local manufacturing will help Google maintain constant supply in India and avoid any potential curbs on imports. The Chromebooks will be built at a Flex Ltd facility near Chennai, in southern India, where HP has been making laptops and desktops since 2020. Production of the Chromebooks is set to start on Oct 2 and they are targeted mainly at the education sector, HP said in a statement.

October 02, 2023 18:55 UTC

Paris: When Indian entrepreneur Awais Ahmed founded his satellite startup in Bangalore in 2019, his country was still a year away from opening the space industry to the private sector. Since then, the private space sector has taken off in India, joining a rapidly growing global market. There are now 190 Indian space start-ups, twice as many as a year earlier, with private investments jumping by 77% between 2021 and 2022, according to Deloitte consultancy. Prior to the 2020 opening up of the sector, “all Indian space activity was under the supervision of the ISRO space agency, which managed absolutely everything,” said Isabelle Sourbes-Verger, an Indian space sector expert at France’s National Scientific Research Centre. Before the reform, private companies could only act as suppliers for the agency.

October 02, 2023 13:16 UTC

Women are less likely than men to be given CPR (cardiopulmonary resuscitation) if they fall unconscious and their heart stops beating in a public place, according to a new study. The researchers found that in public locations, women were 28% less likely to receive CPR compared to men. However, it was found that older people were less likely to receive CPR in private locations. With every 10-year increase in age, men were around 9% less likely to be given CPR during a cardiac arrest. Dr Cournoyer notes: “In an emergency when someone is unconscious and not breathing properly, in addition to calling an ambulance, bystanders should give CPR.

October 01, 2023 15:57 UTC

IT’S not the first, and neither will it be the last time the Dewan Rakyat descends into chaos, with our Members of Parliament screaming at each other, hurling abuses, and then staging the traditional walkout protest. Malaysians have become accustomed to this form of shenanigans from some of our not-so-honourable members of the House.

October 01, 2023 02:04 UTC

KUALA LUMPUR: Police have solved a murder case involving a local fruit seller who was stabbed in front of a two-storey terrace house in Taman OUG, here within 48 hours, with the arrests of 13 foreign men. "Acting on information, police apprehended the main suspect at 11am on Thursday (Sept 28) and seized case-related items. Police managed to solve the case within 48 hours,” he said in a statement Thursday night. Amihizam said the suspects will be remanded until Oct 4 to assist in the investigation under Section 302 of the Penal Code. He advised the public to stop making speculations about the case and urged those who have information related to the case to contact the Brickfields Police Hotline at 03-22979222.

September 29, 2023 16:54 UTC





PETALING JAYA: Analysts are generally bullish about Bumi Armada Bhd ’s latest venture with the Energy and Mineral Resources Ministry of Indonesia for the Akia production sharing contract (PSC) of oil and gas discoveries in the Tarakan Basin in north Kalimantan. “As such, we are maintaining our ‘buy’ call on the stock with sum-of-parts-derived target price of 69 sen a share,” HLIB Research said in a report on Bumi Armada. Bumi Armada said the Akia PSC covers an area of 8,394 sq km and contains the Aster and Tulip oil and gas discoveries. Under the contract, Bumi Armada would be the operator with a 51% participating interest whereas Pexco will hold the remaining 49% stake. MIDF Research was also positive on Bumi Armada’s prospects in this new project as the Tarakan Basin has a long history of exploration of nearly a century.

September 29, 2023 15:22 UTC

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September 19, 2023 15:49 UTC

PETALING JAYA: RHB Research remains positive about YTL Power International Bhd ’s prospects, underpinned by the latter’s development of data centres (DCs) and solar assets in Kulai, Johor. “The three-storey building consists of two wings of Data Hall suites and mechanical and engineering rooms and also eight Data Hall suites spread over two wings per floor, with a total of 24 Data Hall suites,” it said in a report. RHB Research said: “YTL Power is looking to secure a new client for the remaining 16MW. It added that although the DC’s electricity is now supplied by Tenaga Nasional Bhd , it believes YTL Power is likely to construct solar assets to help co-power DCs in the future. While yet to impute potential solar development into its valuation of YTL Power, RHB research is maintaining its “buy” call on YTL Power with a higher target price of RM2.43 per share.

September 19, 2023 13:43 UTC

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September 18, 2023 20:03 UTC

There were also 82,485 cases from January to Sept 9, 2023, compared with the 66,102 cases in 2022. That’s basically tracking and keeping tabs on viruses, on a number of cases, on the number of mosquitoes,” he said in an interview. “Community engagement, community buy-in, and community awareness of the dangers of dengue – that is the fifth column. “It involves community education and community awareness so that in their everyday lives, they make sure that their immediate environment does not encourage mosquito breeding,” said Prof Pangestu. Over 130,000 dengue cases were recorded in 2019, beating the previous historic high of 120,836 cases reported for the whole of 2015, said Dr Rahmat of Universiti Putra Malaysia.

September 18, 2023 11:53 UTC

PETALING JAYA: With a 0.4% share of the local home furnishing retail industry worth close to RM47bil, coupled with attractive expansion plans and a strong market presence, the outlook is bright for SSF Home Group Bhd, says Mercury Securities. The research house said SSF Home Group – bound for the ACE Market of Bursa Malaysia in the second week of October – is operating an extensive network of 41 retail outlets across the country that taps into a broad customer base. Mercury Securities has a “subscribe” recommendation on the counter, with a fair value price of 38 sen, a 52% premium from its initial public offering price of 25 sen.“The economies of scale derived from SSF Home Group’s wide network enhances its efficiency and allows it to offer cost-effective products, while the company’s substantial presence empowers it to introduce new products with minimal overhead costs,” Mercury Securities said. Commenting on the group’s supplier base, the securities firm said SSF Home Group’s supplier network comprises 28 entities, including 19 local manufacturers, seven local trading houses, and one trading house in Hong Kong, all of which are unrelated to the company. It added that the diversified supplier base enhances the retailer’s adaptability and bargaining power during price negotiations and contract discussions, as it mostly purchases from trading houses to access a wider range of designs and products, market knowledge and logistics support.

September 15, 2023 14:55 UTC

PETALING JAYA: A total of 2,253 checks relating to the rice supply have been carried out nationwide since early July, says Datuk Armizan Mohd Ali (pic). "A total of 121 complaints were also received during the same period," he said in a statement on Friday. Armizan added that members of the public can forward information on rice supply shortages or price hikes to the Agriculture and Food Security Ministry at https://skpb.kpkm.gov.my/adu, aduankpb@kpkm.gov.my or 03-8870 1751/1748/1183. This comes after a raid was conducted by enforcement officers from the ministry following public complaints over the sale of Bird Paradise Super Siams 10kg bag of rice, he revealed. "It was found that the price displayed was RM52.40, compared to the RM48.80 printed on the rice bag.

September 15, 2023 14:25 UTC

PETALING JAYA: UOB Kay Hian (UOBKH) Research is keeping its upbeat outlook on the plantation sector, fuelled by expectations that crude palm oil (CPO) prices will trend higher from the fourth quarter of 2023. UOBKH Research said Mielke’s CPO price forecast was in line with its prediction. It said the current uncertain weather pattern in South Africa may also affect soybean production, thereby possibly boosting prices for the crop. According to Oil World, biodiesel production for 2023 is expected to grow by at least 8.2% year-on-year to 56.5 million tonnes. It said the European Union is projected to be the largest biodiesel producer at 15.1 million tonnes this year, followed by the United States at 12.8 million tonnes, noting that these biodiesel productions have doubled in the past 10 years.

September 14, 2023 22:19 UTC

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September 14, 2023 21:04 UTC

PETALING JAYA: The internship of a Perdana Fellow at the Investment, Trade and Industry Ministry (Miti) has been terminated for violating the terms and conditions of the programme, says the Youth and Sports Ministry. The ministry's corporate and communication unit said that it took note of a recent incident involving the fellow placed under Miti. "Public university students list their achievements when applying for the Perdana Fellow programme. The Youth and Sports Ministry said that the former fellow would be offered counselling sessions. "We will initiate an investigation to strengthen the implementation of this programme in the future," said the ministry.

September 13, 2023 15:36 UTC