150 New Houses For Flood Victims In Pahang

KUANTAN, Jan 17 – Some 150 new permanent houses will be built for Pahang flood victims whose homes had been completey destroyed in the recent floods. Pahang Menteri Besar Datuk Seri Adnan Yaakob said the Pahang government was making a feasibility study on the method of residential construction which could be

Malaysian On Board Ill-Fated Tugboat In China Identified

KUALA LUMPUR, Jan 17 – The Malaysian passenger on-board the ill-fated tug boat that sank in the Yangtze River on Thursday afternoon has been identified as Cheong Kin Chin, Xinhua, a Chinese news agency reported. Unfortunately no other details were provided for by the Jiangsu Maritime Bureau and Jingjiang city police. Meanwhile,

Big Swing Forecast For Ringgit

KUALA LUMPUR, Jan 17 – The ringgit, which ended the week on a weaker note, is expected to trade between 3.51 and 3.59 against the US dollar next week, a dealer said. The direction of crude oil prices coupled with the US dollar’s performance and Switzerland’s surprising move to scrap its cap on the

Lufthansa To Introduce Daily Flights To KL On March 29

KUALA LUMPUR, Jan 17 – German airline Lufthansa will introduce daily flights from Frankfurt to Kuala Lumpur from March 29. For the new summer schedule, Lufthansa will increase the capacity on the Frankfurt-Kuala Lumpur route from five weekly connections to a daily service, the airline said in a statement. The route will continue to be

Twitter Hackers Announce ‘World War III’

WASHINGTON, Jan 17 – Hackers took over Twitter accounts of the New York Post and United Press International on Friday, writing bogus messages, including about hostilities breaking out between the United States and China. One tweet posted under the UPI account quoted Pope Francis as saying, “World War III has begun.” Another message delivered

Economist: Malaysia On Right Track With GST

SINGAPORE, Jan 17 – Despite facing criticism from various quarters, the Malaysian government’s decision to implement the Goods and Services Tax (GST) will benefit the nation as it gears towards becoming a developed nation, says Dr Shane Oliver, head of investment strategy and chief economist at AMP Capital Investors. “I think it is

Genting Unit Completes US$24m Purchase Of Nanomr Inc

KUALA LUMPUR, Jan 17 – Genting Bhd today announced that DNA Electronics Limited (DNAe), its indirect 82.1 per cent-owned subsidiary, has completed the acquisition of the entire issued share capital of NanoMR, Inc (NanoMR) for a total cash consideration of about US$24.0 million (US$1= RM3.57). In a filing to Bursa

Anwar’s Ex-aide Applies To Amend Statement Of Claim

KUALA LUMPUR, Jan 16 – Datuk Seri Anwar Ibrahim’s former personal aide, Mohd Saiful Bukhari Azlan filed an application on Friday to amend the statement of claim in his RM50 million suit against his ex boss. The plaintiff’s counsel Zamri Idrus told reporters that Saiful wanted to add more details regarding Anwar’s

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