AirAsia Jet Climbed Fast Then Stalled: Minister

JAKARTA, Jan 20 – An AirAsia plane that crashed into the Java Sea last month with 162 people on board climbed at a faster than normal speed and then stalled, the Indonesian transport minister said Tuesday. Flight QZ8501 went down on December 28 in stormy weather, during what was supposed to be

Penang CM Leads Mission To Hong Kong, Taiwan

GEORGE TOWN, Jan 20 – Penang Chief Minister Lim Guan Eng today led a mission to Hong Kong and Taiwan on a four-day visit to seek investment and forge partnership in combating crime. The delegation comprised, among others, Lim’s wife Betty Chew; InvestPenang board of directors Jeff Ooi and A. Tanasekharan;

University Start-up Conference Malaysia 2015 Launch Tomorrow

KUALA LUMPUR, Jan 20 – The University Start-Up Conference Malaysia 2015 (USTART2015) will be launched Wednesday by Treasury Secretary General Tan Sri Dr Irwan Siregar Abdullah. Themed, “Creating Economic and Social Impact through University Startups”, USTART2015 will highlight efforts by universities in innovating and commercialising research and development outputs through start-up

IS Wants US$200m Ransom Or Japanese Hostages Will Die

CAIRO, Jan 20 – An online video released today purported to show the Islamic State group threatening to kill two Japanese hostages unless they receive a US$200 million (RM722.26 million) ransom in the next 72 hours. The video, identified as being made by the Islamic State group’s al-Furqan media arm and posted

Dr M should be more frank on why Perkasa exists, says Kok

KUALA LUMPUR, Jan 20 – Umno’s fear of losing power was the real reason why Perkasa exists, DAP’s Teresa Kok says. In rubbishing former Prime Minister Tun Dr Mahathir Mohamad’s allegation that the Malay rights wing group was formed in response to extremist views by non-Malays, Kok cited a former Election Commission chairman’s statement

Home Ministry Fully Backs New Economic Measures

PUTRAJAYA, Jan 20 – Following the announcement by Prime Minister Datuk Seri Najib Razak on the nation’s economy, the Home Ministry has voiced its full support to the strategies to be undertaken by the government. Its Minister, Datuk Seri Ahmad Zahid Hamidi said it supported the implementation of free visas to tourists from China.

MRT2, High-Speed Rail, Pan Borneo Highway Projects Still On

PUTRAJAYA, Jan 20 – The Budget 2015 revision does not change allocations for national development announced in October last year, Prime Minister Datuk Seri Najib Razak said today. The RM48.5 billion development allocation is untouched so that projects which would benefit the rakyat in the long term can proceed, he explained. Projects

Power, Gas Tariff Hikes Postponed

PUTRAJAYA, Jan 20 – The planned increase in electricity and gas tariffs will be postponed, Prime Minister Najib Razak said today. This is aimed at keeping costs low for the manufacturing industry, he said when announcing revisions to Budget 2015. The economic focus overall will be to increase consumption of local goods and

Malaysia Is Net Oil Importer

PUTRAJAYA, Jan 20 – Malaysia is actually a net importer of oil and our economy stands to gain from lower global crude prices, Prime Minister Datuk Seri Najib Razak said today. Despite exporting oil extracted off the east coast of Peninsular Malaysia and also off Sarawak, the volume exported is still less

PM Announces Measures To Strenghten Malaysia’s Economic Resilience

Bismillahir Rahmanir Rahim Assalamualaikum Warahmatullahi Wabarakatuh dan Salam 1 Malaysia YAB Tan Sri Muhyidin Yassin Timbalan Perdana Menteri YB Dato’ Seri Ahmad Husni Hanadzlah Menteri Kewangan Kedua YBhg. Tan Sri Dr. Ali Hamsa Ketua Setiausaha Negara Introduction 1.                  First and foremost, let us express our infinite gratitude towards Allah SWT

Operating Expenditure Reduced By RM5.5 Billion – Najib

KUALA LUMPUR, Jan 20 – The country’s operating expenditure is expected to be reduced by RM5.5 billion by prioratizing on expenditures, said Prime Minister Datuk Seri Najib Razak. In a special announcementon the country’s current economic development earlier, Najib however said that projects which are based on ‘people economy’  will continue. “The allocated Development

‘Malaysia Is Not In Economic Crisis’ – Najib Razak

KUALA LUMPUR, Jan 20 – Following are the essence of the economic modifications and interventions special announcement by Prime Minister Datuk Seri Najib Razak who is also Finance Minister at the Putrajaya International Convention Centre (PICC) today. The current environment / world economic scenario has changed. This impacts the country which

Six Key Takeways On Economy From Najib

PUTRAJAYA, Jan 20 – Malaysia is not in an economic crisis and has the resilience to weather the external storm. This is the main point highlighted by Prime Minister Datuk Seri Najib Razak today during a special address on the current economic developments and the country’s financial position. Growth forecast has

Malaysia Remains As Attractive Employment Sector

KUALA LUMPUR, Jan 20 – A survey on salary prospects for this year showed that Malaysia’s employment sector in Asia has emerged as second in terms of salary increase and related benefits. The 2015 Hays Salary Guide showed that Malaysia’s salary increases was second only to China in the global recruitment

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