Malaysia's Capital A aims to raise US$400mil equity from AirAsia merger14 hours agoThe parent company of Malaysian budget airline AirAsia, Capital A Berhad, is looking to raise up to US$400 million in equity as part of a planned merger to bring its long and short-haul operations under one brand, its CEO Tony Fernandes said. -------------------------------- #NST #NSTTV visit us at www.nst.com.my our Facebook www.facebook.com/nstonline more news at www.twitter.com/NST_Online and also www.instagram.com/nstonline
Source:New Strait Times
February 26, 2024 17:53 UTC
PETALING JAYA: Para shuttlers Cheah Liek Hou-Fareez Anuar exacted sweet revenge over Indonesia’s Dheva Anrimusthi-Hafizh Brilliansyah to reach the final of the World Championships. Liek Hou-Fareez stayed calm after losing a close second game to come away with the well deserved win. “After losing to the Indonesians in the Asiad, we analysed their game and worked on making our attacking shots more solid,” said Liek Hou. It was double joy for Liek Hou after he also made it into the singles final after beating Taiwan’s Fang Jen-yu 21-14, 21-18. Men’s doublesSU5: Cheah Liek Hou-Fareez Anuar bt Dheva Anrimusthi-Hafizh Brilliansyah (Ina) 21-11, 19-21, 21-10.
February 25, 2024 14:55 UTC
PETALING JAYA: National shuttler Ng Tze Yong’s injury set to cost him his Olympic dreams, but health comes first. Badminton Association of Malaysia (BAM) president Tan Sir Norza Zakaria said prioritising Tze Yong’s health is the wise choice, even if it means sacrificing his Olympic qualification. “Tze Yong is still under observation and treatment with the National Sports Institute (ISN) together with BAM,” said Norza after the Olympic Council of Malaysia (OCM) executive council meeting at the Academy Badminton Malaysia (ABM). “We do hope his injury won’t hinder his chance to qualify for the Olympics through tournaments in the coming months. At the same time, Norza announced that OCM will host the Olympic Solidarity (OS)-Olympic Council of Asia (OCA) Regional Forum for East and Southeast Asian National Olympic Committees (NOCs) in Kuala Lumpur from May 3-4.
February 25, 2024 11:01 UTC
The EPF reported a 19.34% year-on-year increase in total investment income to RM14.67bil in the third quarter of last year after netting off write-downs. ALSO READ: EPF switch won’t pay dividends so soonSome RM4.62bil of the investment income was generated from mark-to-market (MTM) gains of securities that have not been realised, due to the fluctuation of foreign exchange rates. As such, Mohd Afzanizam said a better dividend payout can be expected. “We shall expect a better EPF dividend this year. Already, the EPF has recorded a 33% increase in total investment income for the first nine months of 2023,” he said.
February 24, 2024 20:20 UTC
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February 24, 2024 19:57 UTC
The players are now under the microscope as they prepare for the Olympic Games in Paris in July. He was the man behind former great Lee Chong Wei when he went on to win his first Olympic Games silver medal at the 2008 Beijing Olympic Games. “Time is short as the Olympic Games is around the corner. Frederick has taken up the job upon the request from Chong Wei, national coaching director Rexy Mainaky and BAM president Tan Sri Norza Zakaria. Frederick has a high regard for the national shuttlers and believes teamwork will take them to success.
February 23, 2024 12:31 UTC
PETALING JAYA: A cat breeder was robbed at knife-point of his mobile phone and two cats worth nearly RM10,000. "The man came to my house and purchased a cat on that day. "Once the other man took the cats I saw an opportunity to escape and unlocked the car door and tried to get out. He said the suspects managed to flee the scene with the two cats worth nearly RM10,000 and his mobile phone. "We have made arrests in connection with this case and will issue a statement on the matter soon," he said.
February 22, 2024 23:13 UTC
PETALING JAYA: S&P Global Ratings forecast a 9% rebound in the Malaysian ringgit by the end of the year, and said the weak currency doesn’t pose a risk to the sovereign rating. "We do not see the depreciating ringgit as a risk to the sovereign rating,” said YeeFarn Phua, sovereign analyst at S&P in Singapore. S&P joins Moody’s Investors Service in highlighting the safety of the nation’s credit rating despite the ringgit’s weakness, as almost all the nation’s debt is denominated in the local currency. The government’s foreign debt was about RM30bil (US$6.26bil) at the end of 2023, just under 3% of the total, S&P estimated. Malaysia is rated A- at S&P since 2003, signifying its strong ability to pay debt.
February 22, 2024 16:41 UTC
Malaysian readers have the chance to select the winners by voting for their favourites from the 10 nominated fiction and non-fiction titles respectively. The responsibility then falls on the readers themselves to determine the winners by casting their votes for their favourite titles in both fiction and non-fiction categories. To participate and make your voice heard, visit http://bookfest.popular.com.my/?l=12 and cast your votes for three favourite titles in each category for the POPULAR – The Star RCA 2024. And the rewards don't end with the satisfaction of supporting your favourite authors. Exercise your power, cast your votes, and be part of the celebration of literary excellence at the POPULAR – The Star RCA 2024.
February 21, 2024 10:00 UTC
EARNING a United Nations Educational, Scientific and Cultural Organisation (Unesco) heritage accreditation for a place drives many countries to seek it because of its economic value to tourism as it offers international recognition. It creates jobs and business opportunities, helps tourism promotion and marketing, and often improves the quality of local lives.
February 18, 2024 06:09 UTC
PUTRAJAYA: A company director has been remanded over suspicions of giving a RM13,000 bribe to an engineer in return for contracts with a department in Penang. Magistrate Shyahirah Abdul Salim allowed the MACC’s application for the suspect to be remanded for five days until Feb 20. The engineer in question has also been remanded, over claims of accepting bribes from a contractor sometime in 2022. Sources said he was believed to have used the money to buy a snooker table and a ping pong table and had placed it in his office. The engineer, who is in his 30s, has also been remanded for five days beginning Friday after the order was issued by Magistrate Mohamad Azlan Basri.
February 16, 2024 20:27 UTC
KOTA KINABALU: A man believed to be mentally ill has finally been rescued after refusing to come down from the rooftop of his apartment for over 60 hours in the east coast Sandakan district on Thursday (Feb 15). Sandakan Fire and Rescue station chief Severinus Sainkui said they managed to restrain the man and bring him to the ground safely at 1.24pm on Thursday (Feb 15). The man was also holding a sharp iron object as well as a stick that made the rescue operation delicate, he added. He said the man was then handed over to Health Ministry personnel before being sent to the hospital in an ambulance. They ended the operation at 2.08pm after assessing there were no other risks at the site, he added.
February 16, 2024 03:45 UTC
SHAH ALAM: A nose surgery almost halted Lakshya Sen’s (pic) career in 2022 but the Indian shuttler didn’t allow the setback to completely destroy his Olympic dreams. Lakshya, having won the Birmingham Commonwealth Games gold, was forced to undergo a surgery for a deviated septum right after the 2022 World Championships in Tokyo in August. Lakshya is also looking forward to helping India’s strong run in team events and win the Asia Team Championships for the first time. “This team gel well on and off the court and winning the Thomas Cup has given us the motivation. The Thomas Cup Finals will be held in Chengdu, China from April 28-May 5 where the hosts are likely to be India’s strongest rivals.
February 15, 2024 10:33 UTC
PETALING JAYA: Malaysia’s Islamic laws will be further strengthened with the recent landmark judgment by the Federal Court nullifying 16 provisions in the Kelantan Syariah Criminal code, says the Syariah Judiciary Department. The Feb 9 ruling will also harmonise offences that exist under both syariah and civil laws, the department said. “It is just (that these offences) cannot be tried in syariah court, but can be tried in civil court. If a Muslim in Kelantan commits sumbang mahram (incest), the offence can be tried in civil court,” the department said. “In fact, the punishment provided in the Penal Code is also higher, compared to the punishment provided in the Kelantan Syariah Criminal Code Enactment”.
February 12, 2024 20:07 UTC
PETALING JAYA: More than 13,000 litres of diesel have been seized from two storage facilities in Kedah, putting an end to the smuggling of the subsidised fuel. “Based on our initial information, the syndicate would fill up a modified lorry with diesel at several petrol stations in Changlun and Bukit Kayu Hitam. “The diesel would then be transported to the illegal storage sites and later transferred for sale on the black market,” he said in a statement. Azman said more than 13,000 litres of diesel, a lorry, several intermediate bulk container tanks, a motor pump and documents were seized for further investigations. “Nine men, who admitted being workers at the two sites, were detained to assist in investigations,” he added.
February 12, 2024 14:27 UTC