Malaysia’s economy stable, says Abdullah

Country continues to attract foreign investment despite global crisis PUTRAJAYA: Malaysia’s economy is largely stable even though the country is faced with global crisis such as the increase in prices of fuel and food, Datuk Seri Abdullah Ahmad Badawi said. … Continue reading

New National Service trainees in high spirit

KUALA KUBU BHARU: A total of 174 National Service trainees had checked into the Kuala Kubu Bharu camp in Selangor under Kumpulan 3 Siri 5/2008. Director-general of Jabatan Latihan Khidmat Negara (JLKN), Dato’ Abdul Hadi Awang Kechil welcomed the new … Continue reading

Lower loan repayment instalments expected

KUALA LUMPUR: All commercial banks will take immediate steps to reduce the monthly loan repayment instalments for facilities with interest rates pegged to the base lending rate (BLR). This is to help borrowers in the current challenging environment, the Association of Banks in Malaysia (ABM) said in a statement yesterday. The move … Continue reading

Miri Port scores a milestone in cargo handling

PROVIDING TOTAL LOGISTICS SERVICES: The cargo being handled at Miri Port.   MIRI: Miri Port recently scored yet another milestone in its cargo handling niche for having successfully handled a super sized heavy lift cargo at its facility at Kuala Baram.   The port successfully handled one unit … Continue reading

Kuwait Finance House opens Kuching branch

KUCHING: Islamic finance has proven to be a viable alternative to conventional banking as it acts as a catalyst to enhance the financial linkages not only within Asia but also across the globe. Pointing this out yesterday was Kuwait Finance House (Malaysia) Berhad (KFHMB) managing director Datuk K Salman Younis who believes … Continue reading

Higher threshold for open tenders a setback: TI-M

KUALA LUMPUR: ThenNational Economic Council’s decision to raise the threshold for open tender projects is a setback for transparency and accountability, Transparency International Malaysia (TI-M) said yesterday. TI-M president Tan Sri Ramon Navaratnam said it was “discouraged and disturbed” by the decision that only government projects worth more than RM500,000 need to go through the … Continue reading

CIMA: Adopt long-term strategic decisions

KUALA LUMPUR: Adopting long-term strategic decisions is critical to the survial of small businesses in the current recession, said the Chartered Institute of Management Accountants (CIMA). In a statement yesterday, CIMA said its ‘Strategy Under Stress’ report showed that organisations that abandoned strategic thinking not only run the risk of undermining their chances of … Continue reading

Importers must use insulated fish boxes

KUALA LUMPUR: Starting Sunday, all fish importers not using the locally-made insulated fish boxes will not be able to bring their consignments into the country. Deputy director general of the Malaysian Fisheries Development Authority Mohad Khazin Hamzah said that initially … Continue reading

Extra RM200 mln to help sustain local firms

KUALA LUMPUR: The extra RM200 million, which will flow into the coffers of local companies soon following the reduction in the contribution of the Human Resources Development Fund (HRDF), will help to sustain many of them and prevent retrenchment of staff in this trying times. Malaysian Employers Federation executive director Shamsuddin Bardan said the … Continue reading

Ringgit higher against dollar

KUALA LUMPUR: The ringgit closed higher against the US dollar yesterday on steady commercial demand, dealers said. At 5pm, the local currency strengthened to 3.2270/2300 against the greenback compared with last Friday’s 3.2410/2440. Dealers said the ringgit which ended close … Continue reading

JCorp has no plans to take KFCH private

KUALA LUMPUR: Johor Corporation (JCorp) has no plans to take its fast-food restaurant KFC Holdings (M) Bhd, private for now, said its chief executive Tan Sri Muhammad Ali Hashim. “There are no discussions on this matter at the moment, but … Continue reading

Resorts World honoured with two awards

KUALA LUMPUR: Resorts World Bhd, Asia’s leading leisure and hospitality corporation, received two awards at the 15th World Travel Awards Gala Ceremony held in Shanghai recently. Resorts World Bhd was awarded Asia’s Leading Casino Resort 2008 and Asia’s Leading Family … Continue reading

Dutch Lady and BaiBoo renew partnership

KUALA LUMPUR: Dutch Lady Milk Industries Berhad has renewed their partnership with BaiBoo Sdn Bhd ( to reach out to more young parents effectively. As was the case last year, BaiBoo will be providing marketing and advertising services to boost … Continue reading

Honda’s engineering DNA in Super GT

KUALA LUMPUR: The Super GT fever was high at the Honda Super GT party. Honda Malaysia presented all five Honda-NSX Teams to the delight of the GT fans.The five Honda-NSX Teams (pictured right) were Autobacs Racing Team Aguri who is … Continue reading

KFC Twister now available

KUALA LUMPUR: The KFC Toasted Twister is just eager to pamper you with the ginger-licking-good experience. It features two pieces of crispy chicken strips, fresh lettuce and diced tomatoes, topped with delicious honey pickled sauce and conveniently wrapped in a … Continue reading

S. African firms tough it out in Zimbabwe

JOHANNESBURG: South African firms are resisting the urge to pull out of Zimbabwe despite an increasingly hostile business climate in the hope they will be in prime position to benefit from a future upturn. Once a relatively stable market, Zimbabwe … Continue reading

Experience Honda’s 3S service

All 53 Honda authorised dealers throughout Malaysia will be participating in campaign PETALING JAYA: Honda’s 3S Campaign is back! Honda Malaysia had announced that all 53 Honda authorised dealers throughout Malaysia will be participating in the campaign, which is running … Continue reading

Free nail clipper for baby

KUALA LUMPUR: Trusted household brand, Woodward’s Gripe Water has a pleasant surprise for you. For purchase of a bottle of Woodward’s Gripe Water, you get a free nail clipper for the baby. Woodward’s Gripe Water is widely used for relieving … Continue reading