Malaysian Banking System Outlook Remains Stable, Says Moody’s

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SINGAPORE, May 28 – Moody’s Investors Service says the outlook on the Malaysian banking system remains stable. This reflects Moody’s expectation of a stable operating environment that will allow banks to maintain resilient asset quality, as well as strong capitalisation levels and funding profiles. The rating agency expects the measures taken by

CAPAM Preparing To Host 10th Biennial Conference In Malaysia

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KUALA LUMPUR, May 28 – Malaysia stands ready to host the biennial conference of the Commonwealth Association for Public Administration and Management (CAPAM) from Oct 19 to Oct 21 at the Putrajaya International Convention Centre. CAPAM Executive Director and Chief Executive Officer Gay Hamilton, who was in Putrajaya last week to

Sultan of Perak Passes Away This Afternoon

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KUALA LUMPUR, May 28 – The Sultan of Perak, Sultan Azlan Muhibbuddin Shah ibni Almarhum Sultan Yussuf Izzuddin Shah, passed away at 1.30pm today He leaves behind his wife Raja Permaisuri Tuanku Bainun binti Muhammad Ali and four surviving children,  Raja Nazrin Shah, Raja Datuk Seri Azureen, Raja Eleena and Raja

MH370: DCA Releases Inmarsat’s Raw Data

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KUALA LUMPUR, May 27 – The Department of Civil Aviation (DCA) today released 45 pages of Inmarsat’s raw satellite data that was used to trace the flight pattern of the missing Malaysia Airlines Flight MH370. DCA, in a statement, said the data communication logs from Inmarsat, the British satellite communication company,

Five G-To-G Documents To Be Signed During Najib’s Visit To China

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XI’AN (China), May 26 – Five inter-governmental memoranda of understanding involving bilateral trade and political cooperation are expected to be signed between Malaysia and China during Malaysian Prime Minister Datuk Seri Najib Tun Razak’s visit to China. “Those documents involve cooperation in defence, science and technology, as well as in trade

Teen Nabbed For Illegally Downloading Songs, Films

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PUTRAJAYA, May 26 – A teenager, suspected of illegally downloading local and international songs and films from a website, was detained in Johor Baharu on Wednesday. Domestic Trade, Cooperative and Consumerism Ministry enforcement director Mohd Roslan Mahayudin said the 18-year-old was nabbed at his home in Taman Larkin Perdana, following a

RMAF To Upgrade Radar Technolog

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KUANTAN, May 26 – The Royal Malaysian Air Force (RMAF) has to expedite upgrading the national defence radar system as some of the radars are more than 15 years old. RMAF chief General Tan Sri Rodzali Daud said the matter had been discussed with the government. “If everything goes well, RMAF will

Pig DNA: Cadbury Engaged With Authorities In Investigation

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KUALA LUMPUR, May 25 – Cadbury Confectionery Malaysia Sdn Bhd has been actively engaged with the authorities concerned in the investigation on its two products that were tested positive for traces of pig (porcine) DNA. Its head of corporate affairs, Raja Zalina Raja Safran said the investigation was treated with the

Najib Visits Giant Panda Pair At Zoo Negara

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KUALA LUMPUR, May 25 – Prime Minister Datuk Seri Najib Tun Razak visited the giant panda pair, Fu Wa and Feng Yi, at Zoo Negara, here, Sunday. Najib who twitted and posted on his Facebook account, a picture of his visit, said giant pandas were considered to be symbols of peace

Bukit Gelugor By-Election: Polling Centres Close

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GEORGE TOWN, May 25 – All 17 polling centres in the Bukit Gelugor Parliamentary by-election closed at 5pm after opening at 8am Sunday morning. The Election Commission (EC) had expected turnout for the by-election to reach 78 per cent but as at 4pm, 43,814 or 53.26 per cent of the voters

The Bukit Gelugor Award Goes To……

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GEORGETOWN, May 24 – When MCA announced its decision not to stand in the Bukit Gelugor by-election against DAP’s Ramkarpal Singh Deo, the son of former Member of Parliament Karpal Singh, many had thought it was going to be an easy win for Ramkarpal. Karpal was killed in a fatal

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