Govt to spend RM3 billion more on schools, students

KLUANG: The Education Ministry has allocated RM3 billion under the Supplementary Assistance Scheme for schools and students nationwide this year, said its minister Datuk Seri Hishammuddin Tun Hussein. “We have to announce this substantial allocation to ward off allegations from the … 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

ICT industry poised for positive outlook next year

KUALA LUMPUR: The outlook for Malaysia’s information and communications technology (ICT) industry next year remains positive in line with the recovery in the global economy, say analysts. They say the economic recovery would spur interest in technology among business corporations … Continue reading

Mydin to build fourth branch in Melaka

KUCHING: Due toencouraging response fromthe public, Mydin MohamedHoldings Bhd (Mydin) plansto build a RM67 millionwholesale hypermarket inMarch next year in Melaka. The premise, which willbe located in Bandar JasinBistari, will be Mydin’sfourth outlet in the state. According to a press … Continue reading

New Year’s Eve at the Pullman Kuching

KUCHING: The Pullman Kuching is celebrating itsfirst new year’s eve with various exciting events. On this special occasion,Puzzle the hotel’s all-day dining restaurant brings diners a mouth watering dinner buffet spread right from the live cooking stations featuring all-time favourite … Continue reading

Experience the Palace highlights

KUCHING: It’s amazing how quickly 2009 has gone by. Just around the corner a brand new year awaits us. With the festive mood in the air, Merdeka Palace Hotel and Suites celebrates 11 years as the venue to gather for … Continue reading

Ringgit closes lower against dollar

KUALA LUMPUR: The ringgit closed lower against the US dollar yesterday as investors squared off their positions ahead of the year-end, dealers said. At 5pm, the local unit was traded at 3.4300/4350 to the US dollar, down from 3.4280/4310 yesterday. … Continue reading