Provides the latest RSS feeds for Malaysia News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Singapore Star.com http://www.singaporestar.com/index.php/cat/48cba686fe041718/ en-us Thu, 23 May 2013 00:02:48 -0400 Thu, 23 May 2013 00:02:48 -0400 30 A court in Malaysia has sentenced two Indian-origin men to separate jail terms for brutally assaulting a Nigerian that led to his death. Judge Noor Azian Shaari of the high court in Shah Alam, the capital of the Malaysian state of Selangor, sentenced V. Ganesan, 29, to one year in jail and T. Kumar, 29, to seven years in jail for causing grievous injuries to Nwabudike Emmanuel Chukwuma that led ... http://www.singaporestar.com/index.php/sid/214685493/scat/48cba686fe041718 Wed, 22 May 2013 06:40:01 -0400 http://www.singaporestar.com/index.php/sid/214685493/scat/48cba686fe041718 fell the most on Thursday morning, sliding 11.3% or 41 sen to RM3.21 after its financial results were below market expectations. At 9.54am, it was down 41 sen to RM3.21. There were 672,100 shares done. The FBM KLCI shed 0.52 of a point to 1,783.36. Turnover was 359.10 million shares valued at RM285.77mil. There were 196 gainers, 267 losers and 240 counters unchanged. On Wednesday, Deleum reported ... http://www.singaporestar.com/index.php/sid/214704480/scat/48cba686fe041718 Wed, 22 May 2013 22:09:37 -0400 http://www.singaporestar.com/index.php/sid/214704480/scat/48cba686fe041718 's target price from RM2.29 to RM2.86 after raising its price-to-earnings (P/E) multiple to 10 times. "Despite a revision of our target price we see Uzma fairly valued at these levels, hence the maintaining of our Neutral call," it said on Thursday. The research house said Uzma's results for the first quarter ended March 31, 2013 were above its expectations and that of ... http://www.singaporestar.com/index.php/sid/214704482/scat/48cba686fe041718 Wed, 22 May 2013 22:09:36 -0400 http://www.singaporestar.com/index.php/sid/214704482/scat/48cba686fe041718 as it awaits value creation from associates' listings and dividends. "The downside for this stock is limited in our view, given its strong balance sheet and value crystallisation from the upcoming listing of its associates - AirAsia Indonesia ... http://www.singaporestar.com/index.php/sid/214704481/scat/48cba686fe041718 Wed, 22 May 2013 22:09:36 -0400 http://www.singaporestar.com/index.php/sid/214704481/scat/48cba686fe041718 (HDBSVR) expects profit-taking activity may drag down the Malaysian market's performance on Thursday. "The benchmark FBM KLCI will likely show a negative bias, as implied by an eight-point discount in the May futures contract vis-vis the current index level of 1,783.88," it said. HDBSVR said the US Federal Reserve chairman hinted that the central bank could begin winding down its ... http://www.singaporestar.com/index.php/sid/214704484/scat/48cba686fe041718 Wed, 22 May 2013 22:09:35 -0400 http://www.singaporestar.com/index.php/sid/214704484/scat/48cba686fe041718 KUALA LUMPUR: Malaysia's FBM KLCI opened more than six points lower on Thursday on extended profit taking of key stocks like KL Kepong and banks, ahead of the extended weekend. At 9am, the KLCI was down 6.32 points to 1,777.56. Turnover was 28.62 million shares valued at RM19.92mil. There were 59 gainers, 84 losers and 126 counters unchanged. Stock market data showed foreign funds were net ... http://www.singaporestar.com/index.php/sid/214704483/scat/48cba686fe041718 Wed, 22 May 2013 22:09:35 -0400 http://www.singaporestar.com/index.php/sid/214704483/scat/48cba686fe041718 and three others. Justice Akhtar Tahir will deliver his verdict in a short Thursday while since taking charge of the trial on July 4, 2011. His court room is packed with families of the accused persons and victims, media and lawyers. A total of 108 prosecution and 30 defence witnesses took the stand and 742 exhibits were tendered. Sosilawati, 47, her driver Kamaruddin Shamsuddin, 44, bank officer ... http://www.singaporestar.com/index.php/sid/214704485/scat/48cba686fe041718 Wed, 22 May 2013 22:09:33 -0400 http://www.singaporestar.com/index.php/sid/214704485/scat/48cba686fe041718 NEW YORK: Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June meeting. Trading was volatile - the Dow and the S&P indexes both rose more than 1 percent during the morning, but fell more than 1 percent in the ... http://www.singaporestar.com/index.php/sid/214703345/scat/48cba686fe041718 Wed, 22 May 2013 21:00:29 -0400 http://www.singaporestar.com/index.php/sid/214703345/scat/48cba686fe041718 Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market. --MARKET SNAP SHOT @ 14 GMT 00: ------ ------ ------ INSTRUMENT LAST PCT NET CHG CHG S&P 500 1,655.35 -0.83% -13.81 0 USD/JPY 103.43 0.27% 0.280 10-YR US TSY YLD 2.060 -- 0.023 SPOT GOLD $1,364.3 -0.30% ... http://www.singaporestar.com/index.php/sid/214703346/scat/48cba686fe041718 Wed, 22 May 2013 20:55:57 -0400 http://www.singaporestar.com/index.php/sid/214703346/scat/48cba686fe041718 The Canberra-based Summernats car festival is heading overseas with an event in Malaysia next month.In June the first Summernats Malaysia will be held alongside the popular Malaysian GT at Sepang.Summernats co-owner Andy Lopez says it will begin as a small event in Asia without the activities traditionally seen in the ACT around New Year's Day."This year is just an exhibition event. ... http://www.singaporestar.com/index.php/sid/214703347/scat/48cba686fe041718 Wed, 22 May 2013 20:55:56 -0400 http://www.singaporestar.com/index.php/sid/214703347/scat/48cba686fe041718 KUALA LUMPUR: The Syariah Court can annul the marriage between the 13-year-old girl in Sabah and the man accused of raping her even if they had been having sex after their marriage. SIS legal officer Kartina said that even if they had consummated the marriage, the court could annul it under Islamic Family Law in Sabah because of the consent factor. "It was reported that the girl's ... http://www.singaporestar.com/index.php/sid/214702200/scat/48cba686fe041718 Wed, 22 May 2013 19:51:45 -0400 http://www.singaporestar.com/index.php/sid/214702200/scat/48cba686fe041718 KUALA LUMPUR: The police force will have a new department which will formulate long-term strategies to prevent and reduce crime. The new Crime Prevention Department is expected to start at the end of the month, Inspector-General of ... http://www.singaporestar.com/index.php/sid/214702199/scat/48cba686fe041718 Wed, 22 May 2013 19:51:45 -0400 http://www.singaporestar.com/index.php/sid/214702199/scat/48cba686fe041718 . Sisters in Islam said it was a matter of public interest and it was incumbent on the civil and syariah legal systems to "ensure justice is served and seen to be served for all our children". "The decision to go ahead affirmed the position that statutory rape is a very serious matter that needs to be dealt with firmly by the law and that marriage is not exploited as a means to ... http://www.singaporestar.com/index.php/sid/214702201/scat/48cba686fe041718 Wed, 22 May 2013 19:51:44 -0400 http://www.singaporestar.com/index.php/sid/214702201/scat/48cba686fe041718 KOTA KINABALU: Events leading to the purported marriage of a 40-year-old restaurant manager to a 13-year-old girl here are being pieced together as prosecutors and law enforcers investigate why the teenager withdrew a rape report against the man. The Sessions Court here has given the prosecution till June 6 to decide whether they will proceed with the rape case, framed under Section 376 (1) of ... http://www.singaporestar.com/index.php/sid/214702202/scat/48cba686fe041718 Wed, 22 May 2013 19:51:43 -0400 http://www.singaporestar.com/index.php/sid/214702202/scat/48cba686fe041718 is scheduled to deliver the opening address at a landmark global gathering Women Deliver 2013 Conference at the Kuala Lumpur Convention Centre (KLCC) here next Tuesday. Malaysia is the first Asian country to be given the honour to host the global conference, which was previously held in London and Was­hington. According to a statement from the conference’s Malaysia Media ... http://www.singaporestar.com/index.php/sid/214702203/scat/48cba686fe041718 Wed, 22 May 2013 19:51:41 -0400 http://www.singaporestar.com/index.php/sid/214702203/scat/48cba686fe041718 , who will look into the East Sabah Security Command (Esscomm) and the Eastern Sabah Safety Zone (Esszone) as his first order of business. ';It is what we have promised the people of Sabah in which the Ess­comm and Esszone need to be in operation. ';It is something that both the Defence and Home Ministries – myself ... http://www.singaporestar.com/index.php/sid/214702205/scat/48cba686fe041718 Wed, 22 May 2013 19:51:39 -0400 http://www.singaporestar.com/index.php/sid/214702205/scat/48cba686fe041718 KUALA LUMPUR: Gerakan, which has decided not to hold any Federal Government position after its dismal showing in the general election, will look into the matter again following objections from within the party. The party's ... http://www.singaporestar.com/index.php/sid/214702204/scat/48cba686fe041718 Wed, 22 May 2013 19:51:38 -0400 http://www.singaporestar.com/index.php/sid/214702204/scat/48cba686fe041718 said. Following the gazetting of the results, electoral candidates and political parties dissatisfied with the outcome had 21 days to file their objections or petitions. "The 21-day period begins from May 23," he said in a statement yesterday. The petitions could be filed at the High Courts in the respective states, he added. EC ... http://www.singaporestar.com/index.php/sid/214702206/scat/48cba686fe041718 Wed, 22 May 2013 19:51:38 -0400 http://www.singaporestar.com/index.php/sid/214702206/scat/48cba686fe041718 PETALING JAYA: Without any hesitation, West Wong Woon Chieng mentally calculated and gave answers to additions of 10 two- and three-digit numbers. Media personnel using calculators to confirm his answers found that he got them all right except for one, which he managed to re-calculate correctly. ';We could not even type the numbers on our calculators fast enough, much less compete with the ... http://www.singaporestar.com/index.php/sid/214702210/scat/48cba686fe041718 Wed, 22 May 2013 19:51:37 -0400 http://www.singaporestar.com/index.php/sid/214702210/scat/48cba686fe041718 is looking to invest RM3bil in capital expenditure (capex) this year, and hopes to reach a final investment decision (FID) on the expansion of its plant in Gebeng, Kuantan by year-end. "We are hoping to get the FID by year-end and the plant should be operational by ... http://www.singaporestar.com/index.php/sid/214702209/scat/48cba686fe041718 Wed, 22 May 2013 19:51:37 -0400 http://www.singaporestar.com/index.php/sid/214702209/scat/48cba686fe041718 . "He was elected by delegates at an AGM and only an AGM can tell him to step down," he told reporters after a press conference on the Ninth Malaysia Festival of the Mind here yesterday. Asked about the 15 party elders who had asked Dr Chua to step down immediately following MCA's poor performance in the May 5 general election instead of waiting until party polls later this year, ... http://www.singaporestar.com/index.php/sid/214702207/scat/48cba686fe041718 Wed, 22 May 2013 19:51:37 -0400 http://www.singaporestar.com/index.php/sid/214702207/scat/48cba686fe041718 said, as a result, there could be some cyclical effect on the consumption patterns of consumers ';for a while.'; ';But we expect it to normalise soon after,'; he said after a shareholders’ meeting. It had been reported recently that Malaysia should be able to rake in up to RM27bil in income if the GST was implemented at 7%, a rate similar to that of Singapore. However, ... http://www.singaporestar.com/index.php/sid/214702211/scat/48cba686fe041718 Wed, 22 May 2013 19:51:37 -0400 http://www.singaporestar.com/index.php/sid/214702211/scat/48cba686fe041718 said the political bureau had discussed the suggestion to put off party polls. "We just went through a big battle in the general election, and having the elections in November may be too soon as they take up a lot of time and energy. "There are views within the leadership to reconsolidate our support base and to close ranks first ... maybe that could be reason enough to postpone our ... http://www.singaporestar.com/index.php/sid/214702208/scat/48cba686fe041718 Wed, 22 May 2013 19:51:36 -0400 http://www.singaporestar.com/index.php/sid/214702208/scat/48cba686fe041718 PETALING JAYA: Parti Sosialis Malaysia (PSM) is set to review its ties with Pakatan Rakyat after its losses in GE13 due to the alleged underhand tactics against their candidates. "The issue will be brought up for discussion at our annual congress on June 28. "We are leaving it to our members to decide if we should continue ties with Pakatan," ... http://www.singaporestar.com/index.php/sid/214702213/scat/48cba686fe041718 Wed, 22 May 2013 19:51:36 -0400 http://www.singaporestar.com/index.php/sid/214702213/scat/48cba686fe041718 PETALING JAYA: The consumer price index (CPI) for April rose 1.7% to 106.3 from a year ago mainly due to a 3.8% increase in the food and non-alcoholic beverages index. For the January to April period, the index was up 1.5% to 106.1 on a year-on-year basis while compared with March, the index inched up 0.1%. ';The index for food and non-alcoholic beverages and non-food for April showed ... http://www.singaporestar.com/index.php/sid/214702214/scat/48cba686fe041718 Wed, 22 May 2013 19:51:36 -0400 http://www.singaporestar.com/index.php/sid/214702214/scat/48cba686fe041718 's net profit for the first quarter ended March 31 slipped to RM99.9mil compared with RM144.6mil a year ago on lower crude palm oil (CPO) prices impacting its plantation division. However, group revenue soared to RM2.5bil from RM2.3bil last year. For the period under review, earnings per share was 9.7 sen while net assets per share stood at RM4.53. It has declared a dividend of 7.5 sen, ... http://www.singaporestar.com/index.php/sid/214702212/scat/48cba686fe041718 Wed, 22 May 2013 19:51:36 -0400 http://www.singaporestar.com/index.php/sid/214702212/scat/48cba686fe041718 JOHOR BARU: The DAP accepts the outcome of the general election although it feels there are weaknesses in the electoral system, party adviser Lim Kit Siang said. "The election result shows that there are weaknesses in the country's democracy system. "However, DAP will continue to uphold the party's principles and fight for democracy through a peaceful manner," he told ... http://www.singaporestar.com/index.php/sid/214702219/scat/48cba686fe041718 Wed, 22 May 2013 19:51:35 -0400 http://www.singaporestar.com/index.php/sid/214702219/scat/48cba686fe041718 KUALA LUMPUR: The Malaysian American Electronics Industry (MAEI) expects a 3% to 4% increase in total electrical and electronics (E&E) exports by its members to RM49bil this year. Semiconductor exports worth RM30bil would comprise the bulk of the total exports with the global electronics industry seeing positive growth in the second half of this year, it ... http://www.singaporestar.com/index.php/sid/214702218/scat/48cba686fe041718 Wed, 22 May 2013 19:51:35 -0400 http://www.singaporestar.com/index.php/sid/214702218/scat/48cba686fe041718 , has set an indicative price of RM1.45 per share for an initial public offering (IPO) in Malaysia worth more than US$300mil (RM930mil), according to sources with knowledge of the deal. The company and its shareholders are offering 790.1 million shares, with 75% of the offering coming from new shares, according to the terms seen earlier. The deal is slated to be priced on June 24, with its debut ... http://www.singaporestar.com/index.php/sid/214702216/scat/48cba686fe041718 Wed, 22 May 2013 19:51:35 -0400 http://www.singaporestar.com/index.php/sid/214702216/scat/48cba686fe041718 ALOR SETAR: The Opposition held their first mass rally here after the Barisan Nasional took back the Kedah state government from PAS in the just-concluded general election. PKR ... http://www.singaporestar.com/index.php/sid/214702215/scat/48cba686fe041718 Wed, 22 May 2013 19:51:35 -0400 http://www.singaporestar.com/index.php/sid/214702215/scat/48cba686fe041718 last month might be linked to a luxury car smuggling syndicate. "The reports are just mere speculations," said city CID chief Senior Asst ... http://www.singaporestar.com/index.php/sid/214702217/scat/48cba686fe041718 Wed, 22 May 2013 19:51:35 -0400 http://www.singaporestar.com/index.php/sid/214702217/scat/48cba686fe041718 said the tender for the proposed new plant to be sited next to the group's clinker plant in Mambong near here would be called soon. "Fast track construction of the plant is expected to start end of the year and it will commence production in late 2015. "The plant will give us an additional one million tonnes per annum," he told StarBiz after the company AGM yesterday. CMS, ... http://www.singaporestar.com/index.php/sid/214702220/scat/48cba686fe041718 Wed, 22 May 2013 19:51:34 -0400 http://www.singaporestar.com/index.php/sid/214702220/scat/48cba686fe041718 PETALING JAYA: Student activist Adam Adli Abd Halim is expected to be charged at the Sessions Court in Jalan Duta when his remand period ends today. City CID chief Senior Asst ... http://www.singaporestar.com/index.php/sid/214702222/scat/48cba686fe041718 Wed, 22 May 2013 19:51:34 -0400 http://www.singaporestar.com/index.php/sid/214702222/scat/48cba686fe041718 will leverage on its new and fast-growing businesses to burnish its position as Malaysia’s top integrated media group. ';The Star is still the No 1 English paper in Malaysia, while The Star Online commands the largest audience among the local news portals. But expanding our digital presence is key. ';We are selling our content on a multimedia platform,'; executive director ... http://www.singaporestar.com/index.php/sid/214702221/scat/48cba686fe041718 Wed, 22 May 2013 19:51:34 -0400 http://www.singaporestar.com/index.php/sid/214702221/scat/48cba686fe041718 KUALA LUMPUR: It is not impossible for students living in rural areas to be on par with their urban counterparts when equipped with the right ... http://www.singaporestar.com/index.php/sid/214702223/scat/48cba686fe041718 Wed, 22 May 2013 19:51:34 -0400 http://www.singaporestar.com/index.php/sid/214702223/scat/48cba686fe041718 has reiterated that there are ';no plans at all'; for a management buyout (MBO) of the company. ';An MBO would be difficult as the MCA is governed by the central committee. Such a move would also have to go through an EGM and obtain the approval of the majority of members,'; he told reporters after the company AGM yesterday. Executive director and group chief ... http://www.singaporestar.com/index.php/sid/214702224/scat/48cba686fe041718 Wed, 22 May 2013 19:51:34 -0400 http://www.singaporestar.com/index.php/sid/214702224/scat/48cba686fe041718 shares rose to a high of RM4.14 yesterday, following news flows of its strong first-quarter results. The shares rose to an intraday high of RM4.14 after the floating production, storage and offloading (FPSO) operator reported a 22% year-on-year increase in net profit to RM109.7mil on the back of increased activities in its FPSO, offshore support vessel, and transport and installation services ... http://www.singaporestar.com/index.php/sid/214702227/scat/48cba686fe041718 Wed, 22 May 2013 19:51:33 -0400 http://www.singaporestar.com/index.php/sid/214702227/scat/48cba686fe041718 upping his stake in the company via the open market a few days ago. Yesterday, Scomi gained one sen or 2.41% to 42.5 sen, with 64.4 million shares being traded after filings with Bursa Malaysia showed that Shah Hakim had purchased 1.42 million shares in the open market. He bought 950,000 shares on Monday at 42 sen, and another 470,000 shares at 42.1 sen on Tuesday. He currently holds a 12.17% ... http://www.singaporestar.com/index.php/sid/214702226/scat/48cba686fe041718 Wed, 22 May 2013 19:51:33 -0400 http://www.singaporestar.com/index.php/sid/214702226/scat/48cba686fe041718 said the three-day event from July 5 to 7 at Penang Times Square would also feature national exhibitors, particularly from Kuala Lumpur. "We will be bringing all the attractions that made the KL MATTA Fairs popular over to Penang. Visitors can expect a lot of new deals as well as better packages and prices," he said during a launch reception here yesterday. The fair will have 190 ... http://www.singaporestar.com/index.php/sid/214702225/scat/48cba686fe041718 Wed, 22 May 2013 19:51:33 -0400 http://www.singaporestar.com/index.php/sid/214702225/scat/48cba686fe041718 KUALA LUMPUR: A 32-year-old man suspected to have been involved in the shooting of two men in Bandar Tun Razak two weeks ago may have been murdered while in remand. City police chief Deputy ... http://www.singaporestar.com/index.php/sid/214702228/scat/48cba686fe041718 Wed, 22 May 2013 19:51:33 -0400 http://www.singaporestar.com/index.php/sid/214702228/scat/48cba686fe041718 A filing with Bursa Malaysia showed the company bought 11.4 million shares, representing a 2.39% stake. It also bought 81.25 million units of 2.75% 10-year irredeemable convertible unsecured loan stocks, along with 560,000 units of warrants. It said the acquisition represented an opportunity for the company to invest in REDtone with its internally-generated surplus ... http://www.singaporestar.com/index.php/sid/214702229/scat/48cba686fe041718 Wed, 22 May 2013 19:51:32 -0400 http://www.singaporestar.com/index.php/sid/214702229/scat/48cba686fe041718 SHAH ALAM: Politicians should educate the young about the country's laws rather than incite hatred among them. Selangor deputy police chief Senior Asst Comm Datuk A.Thaiveegan gave this advice in the wake of a planned gathering this weekend to raise claims of alleged electoral frauds in GE13. "I believe the organisers know and understand the law. "Why is it so difficult for them to ... http://www.singaporestar.com/index.php/sid/214702230/scat/48cba686fe041718 Wed, 22 May 2013 19:51:32 -0400 http://www.singaporestar.com/index.php/sid/214702230/scat/48cba686fe041718 SHAH ALAM: Workers and volunteers from the Buddhist Missionary Society Malaysia (BMSM) are working round-the-clock to complete the finishing touches to the Samadhi Vihara in preparation for the temple's maiden Wesak Day celebrations. The construction of the three-storey multi-purpose building with its iconic white lotus-top shrine hall was completed in March last year. An array of activities ... http://www.singaporestar.com/index.php/sid/214702232/scat/48cba686fe041718 Wed, 22 May 2013 19:51:32 -0400 http://www.singaporestar.com/index.php/sid/214702232/scat/48cba686fe041718 has received a notice from the joint-offerers intending to take it private to extend the closing date and time for the acceptance of the offer to June 11 from May 28. Major ... http://www.singaporestar.com/index.php/sid/214702231/scat/48cba686fe041718 Wed, 22 May 2013 19:51:32 -0400 http://www.singaporestar.com/index.php/sid/214702231/scat/48cba686fe041718 's net profit for its first quarter ended March 31 climbed 8.6% to RM614.5mil from RM565.6mil recorded in the previous corresponding quarter while revenue rose to RM4.48bil from RM4.24bil previously. Axiata said in a statement that it saw solid performance, in a seasonally slow quarter, amidst heightened competitive pressures and strengthening ringgit. "Slower momentum in traditional ... http://www.singaporestar.com/index.php/sid/214702233/scat/48cba686fe041718 Wed, 22 May 2013 19:51:31 -0400 http://www.singaporestar.com/index.php/sid/214702233/scat/48cba686fe041718 's net profit for the first quarter ended March 31 contracted to RM104.8mil from RM172.4mil a year ago but operationally, the budget carrier still reported growth. For the quarter under review, AirAsia recorded a 6% rise in operating profit year-on-year (y-o-y) to RM254.93mil resulting from the increase in revenue while cost remained in check with no one-off volatility. AirAsia's ... http://www.singaporestar.com/index.php/sid/214702236/scat/48cba686fe041718 Wed, 22 May 2013 19:51:31 -0400 http://www.singaporestar.com/index.php/sid/214702236/scat/48cba686fe041718 NIBONG TEBAL: The operating hours of outpatient clinics in all public hospitals may be extended until night to help reduce congestion and long queues, ... http://www.singaporestar.com/index.php/sid/214702235/scat/48cba686fe041718 Wed, 22 May 2013 19:51:31 -0400 http://www.singaporestar.com/index.php/sid/214702235/scat/48cba686fe041718 IPOH: The winner of the Ipoh International Starwalk 2013 International Category will take home RM2,000 apart from other goodies. Ipoh City Council is sponsoring RM10,000 as prize money for the International Category. Under this category, the winner in the men's group gets RM2,000 while the winner for the women's group will get RM1,500. "Malaysians are also eligible to take part in ... http://www.singaporestar.com/index.php/sid/214702234/scat/48cba686fe041718 Wed, 22 May 2013 19:51:31 -0400 http://www.singaporestar.com/index.php/sid/214702234/scat/48cba686fe041718 KUALA LUMPUR: The upcoming Invest Malaysia conference (IMKL 2013) will present global fund managers with direct opportunities to access Asean multinational marketplace through Bursa Malaysia. The central aim of the conference is to highlight the leading position of Malaysian multinationals in Asean. ... http://www.singaporestar.com/index.php/sid/214702241/scat/48cba686fe041718 Wed, 22 May 2013 19:51:30 -0400 http://www.singaporestar.com/index.php/sid/214702241/scat/48cba686fe041718 IPOH: With the re-opening of the new RM42mil refurbished Sultan Azlan Shah Airport here, the city is now hoping for direct flights from Xiamen in southeast ... http://www.singaporestar.com/index.php/sid/214702240/scat/48cba686fe041718 Wed, 22 May 2013 19:51:30 -0400 http://www.singaporestar.com/index.php/sid/214702240/scat/48cba686fe041718 (pic) said that up to last month, BMW Malaysia had sold 2,241 vehicles in the country, comprising the Mini, BMW and BMW Motorrads. ';Up to last month, we had registered a 5% increase compared with the same period last year,'; he said after launching the seventh version of the Mini, the Mini Cooper S Paceman. Pils said BMW Malaysia was confident that the Mini Cooper S Paceman would ... http://www.singaporestar.com/index.php/sid/214702239/scat/48cba686fe041718 Wed, 22 May 2013 19:51:30 -0400 http://www.singaporestar.com/index.php/sid/214702239/scat/48cba686fe041718 PETALING JAYA: The widening economic inequality in Asian countries, security issues and how Asian countries can cooperate to confront common challenges are among the subjects that will be discussed at the three-day 27th Asia-Pacific Roundtable (APR) from June 3 to 5. The theme of this year’s event is ';Strategising change in Asia';, which will focus on understanding the dynamics ... http://www.singaporestar.com/index.php/sid/214702237/scat/48cba686fe041718 Wed, 22 May 2013 19:51:30 -0400 http://www.singaporestar.com/index.php/sid/214702237/scat/48cba686fe041718 targeting high-rise condominiums. IPTV is a system in which TV services are delivered using the Internet protocol suite instead of traditional terrestrial, satellite signal and cable TV formats, resulting in a superior entertainment experience for content providers, advertisers and customers. Astro chief commercial officer Liew Swee Lin said all Astro programmes, together with voice telephone ... http://www.singaporestar.com/index.php/sid/214702238/scat/48cba686fe041718 Wed, 22 May 2013 19:51:30 -0400 http://www.singaporestar.com/index.php/sid/214702238/scat/48cba686fe041718 By AmResearch Sell (maintain) Fair value: RM3.30 WE maintain our "sell" call on MMHE with an unchanged fair value of RM3.30 per share based on a forecast financial year 2014 price-to-earnings ratio of 20 times at a 10% discount ... http://www.singaporestar.com/index.php/sid/214702244/scat/48cba686fe041718 Wed, 22 May 2013 19:51:29 -0400 http://www.singaporestar.com/index.php/sid/214702244/scat/48cba686fe041718 KUALA LUMPUR: The barking of her poodle saved actress Chris Tong from having her RM300,000 Mercedes-Benz SLK car-jacked in Taman Yulek, Cheras. The 29-year-old former beauty queen, who had acted in several local and Singaporean dramas and movies, had just finished a meeting with a client in Jalan Kuchai Lama late on Monday night on her work in a new movie, said a source. She had gone to get ... http://www.singaporestar.com/index.php/sid/214702245/scat/48cba686fe041718 Wed, 22 May 2013 19:51:29 -0400 http://www.singaporestar.com/index.php/sid/214702245/scat/48cba686fe041718 PETALING JAYA: Nicholas "Nick" James Vujicic may not have arms and legs, but his self-worth has enabled him to change the world. The 30-year-old Australian said his high school janitor was the first to inspire him to be a world-class motivational speaker. "He told me that I would be a speaker one day. He said my story would inspire others. "The janitor saw value in me, that I ... http://www.singaporestar.com/index.php/sid/214702242/scat/48cba686fe041718 Wed, 22 May 2013 19:51:29 -0400 http://www.singaporestar.com/index.php/sid/214702242/scat/48cba686fe041718 KUANTAN: Three people were killed in three separate accidents in Pa­­hang. All three incidents happened on Tuesday. In the first case, Ong Kim Tian, 77, lost control of her car and crashed into a 10m deep ditch at a T-junction in the Air Putih housing estate. Police said Ong died at the scene in the 8.45pm accident. It was raining heavily at that time. In another accident in Maran, Toh ... http://www.singaporestar.com/index.php/sid/214702243/scat/48cba686fe041718 Wed, 22 May 2013 19:51:28 -0400 http://www.singaporestar.com/index.php/sid/214702243/scat/48cba686fe041718 JAKARTA: Indonesian MPs said they want a new banking law, under discussion since late last year, to limit foreign ownership to a maximum of 50% to 51% and suggested it could make it to the statute books by next year. MPs have not publicly discussed a percentage figure before. The comments by two senior parliamentarians come as debate rages over whether ... http://www.singaporestar.com/index.php/sid/214702246/scat/48cba686fe041718 Wed, 22 May 2013 19:51:28 -0400 http://www.singaporestar.com/index.php/sid/214702246/scat/48cba686fe041718 IPOH: Police have arrested four members of a gang believed to be responsible for about 20 robberies in Perak, Kuala Lumpur and Selangor over the past one year. Perak police chief Deputy ... http://www.singaporestar.com/index.php/sid/214702248/scat/48cba686fe041718 Wed, 22 May 2013 19:51:28 -0400 http://www.singaporestar.com/index.php/sid/214702248/scat/48cba686fe041718 BRUSSELS: The European Union (EU) is willing to deepen trade ties with China but wants to see concessions from Beijing first, documents seen by Reuters showed. At the same time as EU regulators are ramping up trade pressure on Beijing by threatening duties on solar panels and telecoms equipment, Brussels is dangling the carrot of trade agreements before the Chinese. The European Commission is ... http://www.singaporestar.com/index.php/sid/214702247/scat/48cba686fe041718 Wed, 22 May 2013 19:51:28 -0400 http://www.singaporestar.com/index.php/sid/214702247/scat/48cba686fe041718 BRUSSELS: Europe moved closer to ending banking secrecy yesterday after Austria dropped objections to sharing data on foreign depositors and the European Union (EU) focused on negotiating a similar agreement with Switzerland. "It's a bad day for tax cheats," ... http://www.singaporestar.com/index.php/sid/214702251/scat/48cba686fe041718 Wed, 22 May 2013 19:51:27 -0400 http://www.singaporestar.com/index.php/sid/214702251/scat/48cba686fe041718 A QUICK phone call to her husband was all it took for tragedy to strike Surianti Zahari's 14-month-old son, who drowned in a pail in the bathroom of their house in Kuantan, reported Harian Metro. The boy, who had just started to walk, drowned at 3.30pm yesterday while Surianti, 34, dashed off to make the two minute phone call. Her husband, Mohd Zawawi Husain, 34, said Surianti had left ... http://www.singaporestar.com/index.php/sid/214702252/scat/48cba686fe041718 Wed, 22 May 2013 19:51:27 -0400 http://www.singaporestar.com/index.php/sid/214702252/scat/48cba686fe041718 KUALA TERENGGANU: The Tereng­ganu legislative assembly, which starts its new season on June 19, is expected to be a fiery one as the Barisan Nasional and the opposition front have an almost equal number of representatives in the House. The Barisan scraped through with a simple majority in the 32-seat assembly by winning 17 seats in the just-concluded general election. However, it lost its ... http://www.singaporestar.com/index.php/sid/214702250/scat/48cba686fe041718 Wed, 22 May 2013 19:51:27 -0400 http://www.singaporestar.com/index.php/sid/214702250/scat/48cba686fe041718 hedge fund, that the group should sell up to a fifth of its music and movies business, which includes artists such as Adele and hit franchises like Spider-Man. Loeb argues a partial spin-off of Sony Entertainment would free up cash to help the struggling electronics division and could boost Sony's stock price by 60%. Third Point's "proposal is one that affects a core part of ... http://www.singaporestar.com/index.php/sid/214702249/scat/48cba686fe041718 Wed, 22 May 2013 19:51:27 -0400 http://www.singaporestar.com/index.php/sid/214702249/scat/48cba686fe041718 SYDNEY: Mining magnate Gina Rinehart had A$7bil (US$6.8bil) wiped off her fortune in the past year but remains Australia's wealthiest person, an annual rich list showed. Rinehart, heiress to an iron ore prospecting empire built in Australia's resources-rich west, led the respected BRW Rich 200 list for a third year in a row with a personal fortune of A$22.02bil. But she also lost more ... http://www.singaporestar.com/index.php/sid/214702253/scat/48cba686fe041718 Wed, 22 May 2013 19:51:26 -0400 http://www.singaporestar.com/index.php/sid/214702253/scat/48cba686fe041718 A 36-year-old man was a stunt man by day and a criminal after dark, Makkal Osai reported. Luck ran out on Monday night for the man, identified as Johnson, when he was caught snatching a chain from a woman. The man from Tiruvallur told Chennai police that he would ride pillion on a motorcycle with his accomplice, Yosuf, and prowl the streets for victims. The police said Johnson, who was a villain ... http://www.singaporestar.com/index.php/sid/214702254/scat/48cba686fe041718 Wed, 22 May 2013 19:51:26 -0400 http://www.singaporestar.com/index.php/sid/214702254/scat/48cba686fe041718 TVB actor Moses Chan will marry Miss Hong Kong 2006 Aimee Chan soon and the ceremony may be held in Paris, Sin Chew Daily reported. The 42-year-old actor confirmed that they were busy with wedding preparations when contacted by the media in Hong Kong. When asked whether his 32-year-old girlfriend was pregnant, Moses declined to comment. "Thank you for all the blessings. Let's talk about ... http://www.singaporestar.com/index.php/sid/214702255/scat/48cba686fe041718 Wed, 22 May 2013 19:51:25 -0400 http://www.singaporestar.com/index.php/sid/214702255/scat/48cba686fe041718 SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing ... http://www.singaporestar.com/index.php/sid/214701692/scat/48cba686fe041718 Wed, 22 May 2013 19:42:54 -0400 http://www.singaporestar.com/index.php/sid/214701692/scat/48cba686fe041718 Wed May 22, 2013 5:30pm EDT * Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON, May 22 (Reuters) - The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the ... http://www.singaporestar.com/index.php/sid/214701398/scat/48cba686fe041718 Wed, 22 May 2013 17:30:59 -0400 http://www.singaporestar.com/index.php/sid/214701398/scat/48cba686fe041718 GEORGE TOWN: Two journalists were among those caught up in a confrontation when a group of unidentified men disrupted a candlelight vigil in Esplanade to show solidarity for student activist Adam Adli Abdul Halim. The vigil which started at about 8pm was attended by more than 100 non-governmental organisation (NGO) members, students, social activists and several state Pakatan Rakyat leaders. Some ... http://www.singaporestar.com/index.php/sid/214691839/scat/48cba686fe041718 Wed, 22 May 2013 11:32:20 -0400 http://www.singaporestar.com/index.php/sid/214691839/scat/48cba686fe041718 SEREMBAN: All newly-appointed Negri Sembilan State Executive Councillors (Excos) were today given one month to declare their assets. Negeri Sembilan Menteri ... http://www.singaporestar.com/index.php/sid/214690153/scat/48cba686fe041718 Wed, 22 May 2013 10:19:26 -0400 http://www.singaporestar.com/index.php/sid/214690153/scat/48cba686fe041718 "Malaysia Refinery Market Analysis and Outlook to 2020 - Drivers, Challenges, Infrastructure, Supply- demand and competitive landscape" report to their offering. Malaysia oil refining industry research work from OGAnalysis is a compulsory report for all analysts involved in the Malaysia refining sector. It provides all the key trends and analyzes the drivers and restraints of ... http://www.singaporestar.com/index.php/sid/214690154/scat/48cba686fe041718 Wed, 22 May 2013 10:14:02 -0400 http://www.singaporestar.com/index.php/sid/214690154/scat/48cba686fe041718 said. Following the gazetting of the results, electoral candidates and political parties dissatisfied with the outcome have 21 days to file their objections or petitions. "The 21-day period begins tomorrow (Thursday), May 23," he said in a statement. The petitions can be filed at the High Courts in the respective states, he added. - ... http://www.singaporestar.com/index.php/sid/214688678/scat/48cba686fe041718 Wed, 22 May 2013 09:01:52 -0400 http://www.singaporestar.com/index.php/sid/214688678/scat/48cba686fe041718 PETALING JAYA: The National Registration Department (NRD) has denied allegations that non-Malaysian citizens holding temporary residence identity card - also known as MyKas - were allowed to vote during the 13th general election. NRD ... http://www.singaporestar.com/index.php/sid/214688677/scat/48cba686fe041718 Wed, 22 May 2013 09:01:51 -0400 http://www.singaporestar.com/index.php/sid/214688677/scat/48cba686fe041718 continued today, as both he and the company agreed that the fee for consultancy and corporate advisory services rendered was RM2.75mil. Shamsubahrin is charged with five counts of cheating NFCorp ... http://www.singaporestar.com/index.php/sid/214688676/scat/48cba686fe041718 Wed, 22 May 2013 09:01:51 -0400 http://www.singaporestar.com/index.php/sid/214688676/scat/48cba686fe041718 The case of a 40-year-old Malaysian man who is charged with raping a 13-year-old girl before marrying her under sharia law has provoked national outrage.The ... http://www.singaporestar.com/index.php/sid/214688415/scat/48cba686fe041718 Wed, 22 May 2013 08:48:26 -0400 http://www.singaporestar.com/index.php/sid/214688415/scat/48cba686fe041718 Reset PUTRAJAYA (May 22): Former Prime Minister Tun Dr Mahathir Mohamad and former Iranian president Mohammad Khatami today called on the Organisation of Islamic Cooperation (OIC) to set up a task force to examine the Sunni and Shi'a Muslims divide, in depth. In a joint appeal aimed at ending violence and bloodshed between both doctrines, the two prominent leaders said the task force could ... http://www.singaporestar.com/index.php/sid/214687291/scat/48cba686fe041718 Wed, 22 May 2013 08:07:17 -0400 http://www.singaporestar.com/index.php/sid/214687291/scat/48cba686fe041718 and her three aides is reaching the end as the four accused will know their fate on Thursday. High Court judge Justice Akhtar Tahir is set to deliver his verdict in the high-profile case that has spanned nearly two years. Sosilawati, 47, her driver Kamaruddin Shamsuddin, 44, bank officer Noorhisham Mohamad, 38, and lawyer Ahmad Kamil Abdul Karim, 32, were reported missing after they went to ... http://www.singaporestar.com/index.php/sid/214687295/scat/48cba686fe041718 Wed, 22 May 2013 07:50:56 -0400 http://www.singaporestar.com/index.php/sid/214687295/scat/48cba686fe041718 's net profit fell 31% to RM6.8mil in the first quarter ended March 31, 2013 from RM10mil a year ago on lower revenue from its retrofit projects and the deferment of certain oil and gas projects. It said on Wednesday its revenue, however, increased by 4.5% to RM86.50mil from RM82.7&mil a year ago. Earnings per share were lower at 4.56 compared to 10.02 a year ago It said revenue from its ... http://www.singaporestar.com/index.php/sid/214687296/scat/48cba686fe041718 Wed, 22 May 2013 07:50:56 -0400 http://www.singaporestar.com/index.php/sid/214687296/scat/48cba686fe041718 PETALING JAYA: Student activist Adam Adli Abd Halim is expected to be charged at the Sessions Court in Jalan Duta Thursday following the expiration of his remand. City CID chief Senior Asst ... http://www.singaporestar.com/index.php/sid/214687293/scat/48cba686fe041718 Wed, 22 May 2013 07:50:55 -0400 http://www.singaporestar.com/index.php/sid/214687293/scat/48cba686fe041718 earnings slipped 2.4% to RM209.6mil in the second quarter ended March 31, 2013 from RM214.9mil a year ago due to the challenging phase in its plantation sector. It said on Wednesday its revenue fell 14.8% to RM2.235bil from RM2.624bil a year ago. Earnings per share were 19.7 sen compared with 20.20 sen. It declared an interim dividend of 15 sen a share. KLK said its plantation suffered a 36.6% ... http://www.singaporestar.com/index.php/sid/214687292/scat/48cba686fe041718 Wed, 22 May 2013 07:50:55 -0400 http://www.singaporestar.com/index.php/sid/214687292/scat/48cba686fe041718 's operating profit rose 6% to RM254.93mil in the first quarter ended March 31, 2013 on higher revenue while it managed to keep its costs in check. The low-cost carrier said on Wednesday its revenue increased by 11% to RM1.30bil from RM1.17bil. The topline growth was due to a 7% increase in passenger to 5.17 million and higher ancillary income per pax and average fare. It was also boosted by ... http://www.singaporestar.com/index.php/sid/214687294/scat/48cba686fe041718 Wed, 22 May 2013 07:50:55 -0400 http://www.singaporestar.com/index.php/sid/214687294/scat/48cba686fe041718 Reset PUTRAJAYA (May 22): The prosecution will proceed with the case of a 13-year-old girl in Sabah who was allegedly raped by a 40-year-old restaurant manager. Attorney-General Tan Sri Abdul Gani Patail said the case was still ongoing and the Attorney-General's Chambers (AGC) had not dropped the matter. "I have no choice but to state my stand today. Normally, we do not state our stand ... http://www.singaporestar.com/index.php/sid/214686042/scat/48cba686fe041718 Wed, 22 May 2013 06:58:36 -0400 http://www.singaporestar.com/index.php/sid/214686042/scat/48cba686fe041718 recorded an impressive set of financial results, as its earnings surged 750% to RM58.39mil in the first quarter ended March 31, 2013 from RM6.87mil a year ago. It said on Wednesday its earnings, which were a more than a six-fold increase, were due to the reclassification of fair value reserve of RM32.79mil following the "remeasurement of the investment ... http://www.singaporestar.com/index.php/sid/214686043/scat/48cba686fe041718 Wed, 22 May 2013 06:42:10 -0400 http://www.singaporestar.com/index.php/sid/214686043/scat/48cba686fe041718 said this was part of the spirit of inclusiveness practised by the Government. Nazri was responding to a question from reporters whether the ministry would work together with the state leaderships of Penang, Selangor and Kelantan, which are helmed by Pakatan. "They (the three states) will be treated just the same as the other states. Last I checked, they are still part of Malaysia," ... http://www.singaporestar.com/index.php/sid/214686046/scat/48cba686fe041718 Wed, 22 May 2013 06:42:09 -0400 http://www.singaporestar.com/index.php/sid/214686046/scat/48cba686fe041718 among the decliners. At the close, the KLCI fell 3.5 points or 0.2% to 1,783.88, off the intra morning high of 1,795.59. Turnover was 2.88 billion shares valued at RM2.97bil. Decliners beat advancers 618 to 323 while 249 counters unchanged. Bloomberg reported Asia's regional benchmark stock index held near its highest level since June 2008, as ... http://www.singaporestar.com/index.php/sid/214686045/scat/48cba686fe041718 Wed, 22 May 2013 06:42:09 -0400 http://www.singaporestar.com/index.php/sid/214686045/scat/48cba686fe041718 KUALA LUMPUR: Higher prices of food and non-alcoholic beverages pushed Malaysia's inflation rate up 1.7% in April, which was the highest in 11 months. The Statistics Department said on Wednesday the consumer price index (CPI) rose 1.7% from 104.5 to 106.3. The 1.7% increase was in line with Bloomberg's consensus forecast of 1.7%. "The index for food & non-alcoholic beverages ... http://www.singaporestar.com/index.php/sid/214686044/scat/48cba686fe041718 Wed, 22 May 2013 06:42:09 -0400 http://www.singaporestar.com/index.php/sid/214686044/scat/48cba686fe041718 MUAR: Police have detained a 60-year-old woman, believed to be a drug trafficker, and seized 266 grams of heroin after raiding a house in Bakri, here, on Sunday. Muar Acting police chief Supt Shahadan Jaafar said the 60-year-old woman, who has seven grandchildren is believed to have been involved in drug trafficking for the past five months. "Initial investigations revealed that the ... http://www.singaporestar.com/index.php/sid/214685078/scat/48cba686fe041718 Wed, 22 May 2013 05:34:29 -0400 http://www.singaporestar.com/index.php/sid/214685078/scat/48cba686fe041718 KUALA LUMPUR: A 32-year-old man, who is believed to be involved in shooting two other men in Bandar Tun Razak two weeks ago, have died while in remand. It is learnt that the suspect, known as Dharmendran, complained of chest pains at about 9pm on Tuesday while detained in the Kuala Lumpur police headquarters lockup and was immediately sent to the Kuala Lumpur hospital for treatment. However, the ... http://www.singaporestar.com/index.php/sid/214685079/scat/48cba686fe041718 Wed, 22 May 2013 05:34:27 -0400 http://www.singaporestar.com/index.php/sid/214685079/scat/48cba686fe041718 KUALA LUMPUR, May 22 (Reuters) - Malaysia's consumer price index rose 1.7 percent in April from a year earlier, hitting its highest level in nearly a year, data from the Statistics Department showed on Wednesday. Economists polled by Reuters had correctly forecast the annual inflation rate to edge up 1.7 percent in April on more expensive food items although government ... http://www.singaporestar.com/index.php/sid/214685080/scat/48cba686fe041718 Wed, 22 May 2013 05:29:15 -0400 http://www.singaporestar.com/index.php/sid/214685080/scat/48cba686fe041718 FRANKFURT, 22 Mei (Bernama) -- Malaysia menyasarkan persatuan-persatuan profesional seperti doktor dan pakar perubatan, untuk menjadi destinasi acara MICE (Mesyuarat, Insentif, Persidangan dan Pameran) pada pameran IMEX tiga hari yang bermula Selasa di sini. Ketua Eksekutif Biro Konvensyen dan Pameran Malaysia (MyCEB) Zulkifli Haji Sharif berkata persatuan-persatuan sedemikian di Barat akan ... http://www.singaporestar.com/index.php/sid/214685081/scat/48cba686fe041718 Wed, 22 May 2013 05:29:11 -0400 http://www.singaporestar.com/index.php/sid/214685081/scat/48cba686fe041718 (43 mins ago) Malaysian football authorities have promised to investigate claims of match-fixing and urged police to protect players amid death threats from bookies. Allegations of match-fixing have long tainted football in Malaysia. Fears of match-rigging surfaced especially during the recent second-tier Malaysian Premier League match between Kuala Lumpur and Sime Darby, AFP reports. Angry ... http://www.singaporestar.com/index.php/sid/214684952/scat/48cba686fe041718 Wed, 22 May 2013 05:26:44 -0400 http://www.singaporestar.com/index.php/sid/214684952/scat/48cba686fe041718 WAM PUTRAJAYA, May 22nd, 2013 (WAM) -- Malaysia seeks to secure a seat as a non-permanent member for the UN Security Council (UNSC) for the term 2015-2016, Foreign Minister, Anifah Aman, said on Tuesday. Malaysia will be able to play a part in international security issues if it becomes a member of the Security Council, according to the Malaysian foreign minister in statements carried by the ... http://www.singaporestar.com/index.php/sid/214684956/scat/48cba686fe041718 Wed, 22 May 2013 05:08:10 -0400 http://www.singaporestar.com/index.php/sid/214684956/scat/48cba686fe041718 KUALA LUMPUR: KUALA LUMPUR: Barisan Nasional should merge into a single multi-racial party or risk fading away in the next five years, said Gerakan ... http://www.singaporestar.com/index.php/sid/214684060/scat/48cba686fe041718 Wed, 22 May 2013 04:27:29 -0400 http://www.singaporestar.com/index.php/sid/214684060/scat/48cba686fe041718 expects to reach a final investment decision on its joint venture with Germany's BASF for its plant expansion in Gebeng, Kuantan by year-end. The company has allocated RM3bil for capital expenditure this year and bulk of it would be for its Sabah Ammonia Urea (Samur) project. On April 25, StarBiz reported BASF and Petronas Chemicals Bhd would invest US$500mil (RM1.5bil) to expand their ... http://www.singaporestar.com/index.php/sid/214684056/scat/48cba686fe041718 Wed, 22 May 2013 04:27:29 -0400 http://www.singaporestar.com/index.php/sid/214684056/scat/48cba686fe041718 , as the stock is fully valued at current levels. It said on Wednesday it raised its target price to RM5.41 from RM4.95 based on FY14 EPS pegging a 18 times price-to-earnings (P/E) which is the group's long term average P/E. "We find the group fully valued at current levels," it said. Alliance Research ... http://www.singaporestar.com/index.php/sid/214684057/scat/48cba686fe041718 Wed, 22 May 2013 04:27:29 -0400 http://www.singaporestar.com/index.php/sid/214684057/scat/48cba686fe041718 dragged the FBM KLCI into the red in late afternoon trade on Wednesday. The decline which was a turnaround from the positive outlook in the morning. However, there were no adverse negative news. At 3.18pm, the KLCI was down 5.50 points to 1,781.88. Turnover was 2.05 billion shares valued at RM1.91bil. Declining stocks beat advancers 574 to ... http://www.singaporestar.com/index.php/sid/214684059/scat/48cba686fe041718 Wed, 22 May 2013 04:27:28 -0400 http://www.singaporestar.com/index.php/sid/214684059/scat/48cba686fe041718 in its libel suit. Felda had made the application of appearance against Saifuddin as a PKR office bearer. High Court Judicial Commissioner Lee Heng Cheong held that Saifuddin had proven sufficient grounds on why leave should not be given for the default judgment. The judge made the order after meeting the parties in chambers on Wednesday. Saifuddin is one of the seven defendants named by Felda in ... http://www.singaporestar.com/index.php/sid/214684058/scat/48cba686fe041718 Wed, 22 May 2013 04:27:28 -0400 http://www.singaporestar.com/index.php/sid/214684058/scat/48cba686fe041718 's first order of business. "It is what we have promised the people of Sabah whereby Esscomm and Esszone needs to be in operation. "It is something the Defence Ministry and Home Ministry, particularly me ... http://www.singaporestar.com/index.php/sid/214684061/scat/48cba686fe041718 Wed, 22 May 2013 04:27:27 -0400 http://www.singaporestar.com/index.php/sid/214684061/scat/48cba686fe041718 Police have been urged to protect footballers from bookmakers as the Malaysian Football Association (FAM) prepare to investigate claims of match-fixing in the country's league in a meeting on ... http://www.singaporestar.com/index.php/sid/214684062/scat/48cba686fe041718 Wed, 22 May 2013 04:26:51 -0400 http://www.singaporestar.com/index.php/sid/214684062/scat/48cba686fe041718 Malaysia hosts the world's premiere mixed team badminton championship Sudirman Cup 2013 after years of touring in Europe and China. KUALA LUMPUR, Malaysia, May 22, 2013 /PRNewswire/ -- For the first time in Malaysia, throngs of badminton fans come together to witness the aerodynamic shuttle spins among top players as they battle to emerge champions at the Sudirman Cup 2013 in Putra Stadium ... http://www.singaporestar.com/index.php/sid/214684063/scat/48cba686fe041718 Wed, 22 May 2013 04:22:43 -0400 http://www.singaporestar.com/index.php/sid/214684063/scat/48cba686fe041718 's net profit fell 24.7% to RM25.09mil in the first quarter ended March 31, 2013 from RM33.3mil a year ago due to losses sustained by the group's newly opened hospitals. It said on Wednesday its topline however increased 4% to RM545mil from RM525.6mil a year ago due to higher revenue from its new and existing hospitals. Earnings per share declined to 4.29 sen from 5.81 sen a year ago. ... http://www.singaporestar.com/index.php/sid/214683028/scat/48cba686fe041718 Wed, 22 May 2013 03:20:07 -0400 http://www.singaporestar.com/index.php/sid/214683028/scat/48cba686fe041718 says only the party's annual general meeting can force Dr Chua to step down. "He was elected by the AGM and only an AGM can tell him to step down," Dr Ling told reporters on Wednesday. Asked what he thought of the 15 veterans who had asked Dr Chua to resign immediately following the party's poor showing in the 13th general election, Dr Ling said "I have no idea who the 15 ... http://www.singaporestar.com/index.php/sid/214683029/scat/48cba686fe041718 Wed, 22 May 2013 03:20:06 -0400 http://www.singaporestar.com/index.php/sid/214683029/scat/48cba686fe041718 has declared special dividend of 15.17 sen a share and tax-exempt dividend of 3.82 sen per share for each share of 50 sen each. It said on Wednesday the ex-date was June 5 while the entitlement date was June 7. The dividends were for the financial year ending Sept ... http://www.singaporestar.com/index.php/sid/214682043/scat/48cba686fe041718 Wed, 22 May 2013 02:13:34 -0400 http://www.singaporestar.com/index.php/sid/214682043/scat/48cba686fe041718 's earnings fell 30.9% to RM99.9mil in the first quarter ended March 31, 2013 from RM144.6mil a year ago due to lower crude palm oil (CPO) prices. It said on Wednesday its revenue rose 7.3% to RM2.53bil from RM2.35bil a year ago. Earnings per share were lower at 9.66 sen compared with 13.98 sen a year ago. It declared a dividend of 7.5 sen. Boustead said the plantation division was severely ... http://www.singaporestar.com/index.php/sid/214682042/scat/48cba686fe041718 Wed, 22 May 2013 02:13:34 -0400 http://www.singaporestar.com/index.php/sid/214682042/scat/48cba686fe041718 said they were collecting more evidence, including the DNA report. "We have never dropped the charge against him. "I have directed my officers to gather more evidence and we will proceed with the case," he told reporters here on Wednesday. Gani said he had also asked the Malaysian Anti-Corruption Commission (MACC) to investigate the claim by the 13-year-old victim's father ... http://www.singaporestar.com/index.php/sid/214682045/scat/48cba686fe041718 Wed, 22 May 2013 02:13:33 -0400 http://www.singaporestar.com/index.php/sid/214682045/scat/48cba686fe041718 IPOH: Police have arrested four members of the Botak Gang, believed to be responsible for about 20 robbery cases in Perak, Kuala Lumpur and Selangor. Perak police deputy chief Deput ... http://www.singaporestar.com/index.php/sid/214682046/scat/48cba686fe041718 Wed, 22 May 2013 02:13:33 -0400 http://www.singaporestar.com/index.php/sid/214682046/scat/48cba686fe041718 pushed the FBM KLCI nearer the psychological important 1,800 level at midday on Wednesday while small cap oil and related (O&G) counters saw a surge in trading activity. At midday, the FBM KLCI was up 6.54 points or 0.37% to 1,793.92. Turnover was 1.56 billion shares valued at RM1.28bil. There were 395 gainers, 409 losers and 279 counters unchanged. Bloomberg reported Asian stocks held gains, ... http://www.singaporestar.com/index.php/sid/214682044/scat/48cba686fe041718 Wed, 22 May 2013 02:13:33 -0400 http://www.singaporestar.com/index.php/sid/214682044/scat/48cba686fe041718 Five "fortune tellers" who have been conning their victims of money by "helping" to rid them of bad luck are themselves in a fix after police moved in on them. Authorities stormed into their hotel room in Kulim and arrested the gang from China, comprising four women and a man, at about 3.30am on Friday. State police chief Deputy Comm Datuk Mohd Shukri Dahlan said the ... http://www.singaporestar.com/index.php/sid/214680959/scat/48cba686fe041718 Wed, 22 May 2013 01:22:57 -0400 http://www.singaporestar.com/index.php/sid/214680959/scat/48cba686fe041718 (Reuters) - Claims of match-fixing in a Malaysian league fixture will be investigated by the country's Football Association (FAM) and sports minister on Thursday, local media reported, with the police urged to protect players from bookmakers. The second tier Malaysian Premier League match between Kuala Lumpur and Sime Darby was under suspicion, local daily The Star reported. The paper ... http://www.singaporestar.com/index.php/sid/214681776/scat/48cba686fe041718 Wed, 22 May 2013 01:20:36 -0400 http://www.singaporestar.com/index.php/sid/214681776/scat/48cba686fe041718 HONG KONG | Wed May 22, 2013 1:12am EDT HONG KONG May 22 (Reuters) - China Galaxy Securities Co Ltd rose as much as 11.3 percent in its trading debut on Wednesday after raising $1.1 billion in a Hong Kong IPO, underscoring a surge in retail investors' demand for new listings in the city. The debut of China's seventh-biggest brokerage, and that of Sinopec Engineering (Group) Co ... http://www.singaporestar.com/index.php/sid/214681898/scat/48cba686fe041718 Wed, 22 May 2013 01:12:27 -0400 http://www.singaporestar.com/index.php/sid/214681898/scat/48cba686fe041718 said the new department would focus solely on crime prevention initiatives and efforts. "It is in line with our goal of zero tolerance on crime. "We hope to establish the new department within this month," he told a press conference in Bukit Aman on ... http://www.singaporestar.com/index.php/sid/214681039/scat/48cba686fe041718 Wed, 22 May 2013 01:04:42 -0400 http://www.singaporestar.com/index.php/sid/214681039/scat/48cba686fe041718 rose to a high of RM4.14 on Wednesday after it reported a stronger set of financial results for its first quarter ended March 31, 2013. At midday, it was up nine sen to RM4.07. There were 3.49 million shares fone at prices ranging from RM4.04 to RM4.14. The FBM KLCI rose 6.54 points to 1,793.92. Turnover was 1.56 billion shares valued at RM1.28bil. There were 395 gainers, 409 losers and 279 ... http://www.singaporestar.com/index.php/sid/214681038/scat/48cba686fe041718 Wed, 22 May 2013 01:04:42 -0400 http://www.singaporestar.com/index.php/sid/214681038/scat/48cba686fe041718 NIBONG TEBAL: The Health Ministry may extend the operating hours of its outpatient clinics in all public hospitals to help reduce congestion and long ... http://www.singaporestar.com/index.php/sid/214681041/scat/48cba686fe041718 Wed, 22 May 2013 01:04:41 -0400 http://www.singaporestar.com/index.php/sid/214681041/scat/48cba686fe041718 expects its Vietnam operations to increase its contribution to the revenue from 16.1% in the financial year ended Dec 31, 2012 (FY2012) to 30% in three years. The industrial chemicals distributor said on Wednesday its target was to further expand its Vietnam operations and enlarge revenue contribution. Samchem's Vietnam operations had increased its contribution from 13.9% in 2011 to 16.1% in ... http://www.singaporestar.com/index.php/sid/214681040/scat/48cba686fe041718 Wed, 22 May 2013 01:04:41 -0400 http://www.singaporestar.com/index.php/sid/214681040/scat/48cba686fe041718 Malaysia's total investments approved in Q1 2013 amounted to 49.3 billion ringgit (US$16.3 billion), a 44 per cent increase year-on-year.1,244 projects were approved during the period and it is expected to generate close to 42,000 ... http://www.singaporestar.com/index.php/sid/214681042/scat/48cba686fe041718 Wed, 22 May 2013 00:59:53 -0400 http://www.singaporestar.com/index.php/sid/214681042/scat/48cba686fe041718 Reset PETALING JAYA (May 22): Among the election "literature" distributed prior to the 13th general election (GE13) was Tindak Malaysia's analysis of Malaysia's electoral outlook. By virtue of Tindak Malaysia's position as a non-partisan community movement that conducted voter education and election agent training, the analysis was widely circulated via social media. The ... http://www.singaporestar.com/index.php/sid/214680001/scat/48cba686fe041718 Wed, 22 May 2013 00:12:08 -0400 http://www.singaporestar.com/index.php/sid/214680001/scat/48cba686fe041718 TOKYO (Reuters) - The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its 2 percent inflation target within two ... http://www.singaporestar.com/index.php/sid/214679691/scat/48cba686fe041718 Tue, 21 May 2013 23:46:39 -0400 http://www.singaporestar.com/index.php/sid/214679691/scat/48cba686fe041718 Tue May 21, 2013 11:46pm EDT Shares in CIMB Group Berhad, southeast Asia's fifth-largest bank by assets, were up after its first quarter results came in higher than expected. The bank reported late on Tuesday a 37 percent jump in net profit, boosted by asset sales, but remained cautious on its outlook. In a research note on Wednesday, Kenanga Research stuck to its "outperform" call on ... http://www.singaporestar.com/index.php/sid/214680730/scat/48cba686fe041718 Tue, 21 May 2013 23:46:13 -0400 http://www.singaporestar.com/index.php/sid/214680730/scat/48cba686fe041718 have teamed up to undertake a mixed development project -- Jesselton Waterfront -- in Kota Kinabalu with net sale value (NSV) of RM1.8bil. Trading in Suria Capital shares on Wednesday was suspended from 9am to 10am. Suria Capital said the project would be built on its land in Jalan Tanjung Lipat, "The Jesselton Waterfront Project shall carry a minimum NSV of the developed units of the ... http://www.singaporestar.com/index.php/sid/214678960/scat/48cba686fe041718 Tue, 21 May 2013 22:45:50 -0400 http://www.singaporestar.com/index.php/sid/214678960/scat/48cba686fe041718 Tue May 21, 2013 10:18pm EDT Affin Investment Bank downgraded Alliance Financial Group to "reduce" from "add", saying the stock's recent gains have hurt its valuations. The investment bank left its target price for the stock unchanged at 4.78 ringgit per share, adding that the group's prospects remain intact. Alliance Financial shares were trading up 0.6 percent at 5.00 ... http://www.singaporestar.com/index.php/sid/214679744/scat/48cba686fe041718 Tue, 21 May 2013 22:18:46 -0400 http://www.singaporestar.com/index.php/sid/214679744/scat/48cba686fe041718 was in focus after its RM2bil contract win. At 9.02am, the FBM KLCI was up 2.12 points to 1,789.50. Turnover was 97.56 million shares valued at RM43.82mil. There were 209 gainers, 56 losers and 136 counters unchanged. Bloomberg reported Asian stocks rose, with the regional benchmark index trading at a five-year high, before ... http://www.singaporestar.com/index.php/sid/214678031/scat/48cba686fe041718 Tue, 21 May 2013 21:35:47 -0400 http://www.singaporestar.com/index.php/sid/214678031/scat/48cba686fe041718 , whose share price has rallied in recent weeks, to Neutral unless it secures a higher-than-expected contract value soon. The research house said on Wednesday Dayang Enterprise secured a RM2.0bil contract from Sarawak Shell and Sabah Shell Petroleum Company to provide hook-up, commissioning and topside maintenance service. RHB Research said the recent contract ... http://www.singaporestar.com/index.php/sid/214678030/scat/48cba686fe041718 Tue, 21 May 2013 21:35:47 -0400 http://www.singaporestar.com/index.php/sid/214678030/scat/48cba686fe041718 has raised the fair value of Bumi Armada from the last traded price of RM3.98 to RM4.27. It rolled over its valuation to FY14 earnings per share (EPS) forecast of 19.6 sen and higher industry forward price-to-earnings ratio (PER) of 21.8 times. "This translates into a fair value of RM4.27 and potential upside of 7.5%," it said on Wednesday. JF Apex Research said it likes the company for ... http://www.singaporestar.com/index.php/sid/214678032/scat/48cba686fe041718 Tue, 21 May 2013 21:35:46 -0400 http://www.singaporestar.com/index.php/sid/214678032/scat/48cba686fe041718 May 22, 2013 KUALA LUMPUR, 22 Mei - Malaysia komited untuk meningkatkan kualiti hidup rakyatnya melalui pelbagai program dan aktiviti pendidikan yang dijalankan di negara dan rantau ini. Timbalan Perdana Menteri Tan Sri Muhyiddin Yassin berkata kerjasama antara pelbagai pihak termasuk UNESCO ke arah pendidikan berkualiti dan pembelajaran sepanjang hayat akan menghasilkan produktiviti yang ... http://www.singaporestar.com/index.php/sid/214678033/scat/48cba686fe041718 Tue, 21 May 2013 21:31:21 -0400 http://www.singaporestar.com/index.php/sid/214678033/scat/48cba686fe041718 It would be a simplistic argument, like looking at someone's total debts, but ignoring the person's earnings or earning potential. Reports that emphasise on the country's debt should take into account the gross domestic product or GDP, which is the total value of all goods and services produced by a country in a year. We should look at the country's debt in relation to its ... http://www.singaporestar.com/index.php/sid/214678034/scat/48cba686fe041718 Tue, 21 May 2013 21:31:20 -0400 http://www.singaporestar.com/index.php/sid/214678034/scat/48cba686fe041718 Haaretz: "Netanyahu is a clown like Anwar al-Sadat" The groundless threats of the regime of Prime Minister Benjamin Netanyahu, have made him a clown like the Egyptian president Anwar al-Sadat, the Israeli newspaper, Haaretz wrote on Monday. The Yom Kippur War which began on 6 October 1973 was fought primarily by Syria and Egypt, with some other military and financial assistance from ... http://www.singaporestar.com/index.php/sid/214678018/scat/48cba686fe041718 Tue, 21 May 2013 21:07:02 -0400 http://www.singaporestar.com/index.php/sid/214678018/scat/48cba686fe041718 SYDNEY | Tue May 21, 2013 8:32pm EDT SYDNEY May 22 (Reuters) - A measure of Australian consumer confidence fell sharply in May as households reacted negatively to the government's budget announcement, even after a cut in interest rates to a record low. The poll of 1,200 people by the Melbourne Institute and Westpac Bank was conducted in the week the Labor government delayed a ... http://www.singaporestar.com/index.php/sid/214677890/scat/48cba686fe041718 Tue, 21 May 2013 20:32:55 -0400 http://www.singaporestar.com/index.php/sid/214677890/scat/48cba686fe041718 Temburong - The Commercial Crime Investigation Division under the Royal Brunei Police Force with the cooperation of the Commercial Crime Investigation Department of Sabah Police has successfully crippled a trans-boundary vehicle theft ... http://www.singaporestar.com/index.php/sid/214676909/scat/48cba686fe041718 Tue, 21 May 2013 20:29:33 -0400 http://www.singaporestar.com/index.php/sid/214676909/scat/48cba686fe041718 Bandar Seri Begawan - A Malaysian man, 58, was fined $10,000, in default 10 months' imprisonment after pleading guilty to an attempt of evading rules governing the exportation of 15 bags of Beras Wangi 'Thai Hom Mali ... http://www.singaporestar.com/index.php/sid/214676913/scat/48cba686fe041718 Tue, 21 May 2013 20:29:30 -0400 http://www.singaporestar.com/index.php/sid/214676913/scat/48cba686fe041718 THERE is none so blind, as he who will not see. The hills of the Camerons are dying. Nature is crying out in anguish. And still, there are those who cannot, and will not, see the problem staring in their face. Cameron Highlands is one of the most prominent hill resorts in the country. It is famed for its quaint colonial bungalows and resthouses, tea plantations, vegetable farms and of course its ... http://www.singaporestar.com/index.php/sid/214676981/scat/48cba686fe041718 Tue, 21 May 2013 20:26:57 -0400 http://www.singaporestar.com/index.php/sid/214676981/scat/48cba686fe041718 PETALING JAYA: Having fulfilled their civic duty as voters in the 13th general election, many Malaysians are now taking the opportunity of the two-week school holidays to realise their travel plans. Tour agents confirmed bookings had spiked for both local and overseas destinations from Friday until June 9. A representative from World Discovery Travel said holidaymakers’ most popular ... http://www.singaporestar.com/index.php/sid/214676983/scat/48cba686fe041718 Tue, 21 May 2013 20:26:56 -0400 http://www.singaporestar.com/index.php/sid/214676983/scat/48cba686fe041718 MALACCA: After months of preparations and a gruelling campaigning period, Kota Melaka MCA youth deputy chief Ronald Gan can’t wait to relax and spend quality time with his family. He and his family will be going to Kathmandu, Nepal, during the school holidays. ';It has been a busy year. I had to work hard for almost a year and sacrificed precious time with my family. ';I am ... http://www.singaporestar.com/index.php/sid/214676984/scat/48cba686fe041718 Tue, 21 May 2013 20:26:56 -0400 http://www.singaporestar.com/index.php/sid/214676984/scat/48cba686fe041718 has advised motorists to follow its North-South Highway Travel Time Advisory (TTA) for Wesak Day and the school holidays ending June 9 to avoid unnecessary congestion. ... http://www.singaporestar.com/index.php/sid/214676985/scat/48cba686fe041718 Tue, 21 May 2013 20:26:55 -0400 http://www.singaporestar.com/index.php/sid/214676985/scat/48cba686fe041718 KOTA KINABALU: The Sabah Welfare Department is taking steps to take a 13-year-old alleged rape victim under its care and protection while trying to nullify her marriage to the man accused of having sex with her. Announcing this, state Community Deve­lopment ... http://www.singaporestar.com/index.php/sid/214676982/scat/48cba686fe041718 Tue, 21 May 2013 20:26:55 -0400 http://www.singaporestar.com/index.php/sid/214676982/scat/48cba686fe041718 PETALING JAYA: Syariah lawyers want the Islamic affairs authorities to act against the 40-year-old man who married a 13-year-old girl he had allegedly raped. "We urge the syariah authorities to do the necessary to charge the wrongdoer as a lesson that marriage is not a way out for adultery or rape," said Syariah Lawyers ... http://www.singaporestar.com/index.php/sid/214676987/scat/48cba686fe041718 Tue, 21 May 2013 20:26:54 -0400 http://www.singaporestar.com/index.php/sid/214676987/scat/48cba686fe041718 KULIM: Despite getting married at the tender age of 13 last year, Nur Fazira Saad and her now 20-year-old husband have no regrets. Nur Fazira is married to Mohd Fahmi Mohamed Alias, a fruit picker. She said she was coping well with the responsibilities of being a wife. ';It is fun. Even before getting married, I already knew how to cook so cooking and cleaning are not problems for me,'; ... http://www.singaporestar.com/index.php/sid/214676986/scat/48cba686fe041718 Tue, 21 May 2013 20:26:54 -0400 http://www.singaporestar.com/index.php/sid/214676986/scat/48cba686fe041718 GEORGE TOWN: A Bangladeshi, who pleaded leniency for raping an underage, mentally retarded girl by saying that he intended to marry her, was jailed 15 years and ordered to be given 10 strokes of the rotan. Shirajul Islam, 34, who also fathered a child with the girl, was found guilty by a Sessions Court here of raping the then 17-year-old from 4pm to 6pm between January and February in 2011 at a ... http://www.singaporestar.com/index.php/sid/214676988/scat/48cba686fe041718 Tue, 21 May 2013 20:26:53 -0400 http://www.singaporestar.com/index.php/sid/214676988/scat/48cba686fe041718 KUALA LUMPUR: MCA’s Tee Siew Kiong is on leave from the party with immediate effect following his controversial appointment as Johor executive councillor, said ... http://www.singaporestar.com/index.php/sid/214676989/scat/48cba686fe041718 Tue, 21 May 2013 20:26:53 -0400 http://www.singaporestar.com/index.php/sid/214676989/scat/48cba686fe041718 KUALA LUMPUR: The number of complaints lodged with Suhakam is piling up but no inquiries can be held as Suhakam is still without commissioners. Suhakam secretary Rodziah Abdul said the Complaints and Inquiries Division had received 79 complaints between April 26 and May 20. Of the 79, 59 pertained to the 13th general election and the remaining 20 were split up as follows – freedom of ... http://www.singaporestar.com/index.php/sid/214676991/scat/48cba686fe041718 Tue, 21 May 2013 20:26:52 -0400 http://www.singaporestar.com/index.php/sid/214676991/scat/48cba686fe041718 KUALA LUMPUR: MCA has denied all allegations that the party is selling off its assets. ';All assets are under the MCA headquarters and any decision regarding them (the assets) has to have the support of at least two-thirds of the party’s central committee members. ';The CC (central committee) can also ask for an extraordinary general meeting to decide,'; said ... http://www.singaporestar.com/index.php/sid/214676990/scat/48cba686fe041718 Tue, 21 May 2013 20:26:52 -0400 http://www.singaporestar.com/index.php/sid/214676990/scat/48cba686fe041718 KUCHING: A recently passed Bill will see all 71 assemblymen and state Cabinet members in Sarawak enjoying a 300% increment in their monthly remuneration. This means that under the new Members of the Administration and Members of Dewan Undangan Negeri (Remuneration, Pensions and Gratuities) Bill 2013, the Chief Minister will earn a whopping RM39,000 a month from the current RM13,000. His deputy ... http://www.singaporestar.com/index.php/sid/214676993/scat/48cba686fe041718 Tue, 21 May 2013 20:26:51 -0400 http://www.singaporestar.com/index.php/sid/214676993/scat/48cba686fe041718 PETALING JAYA: The Election Com­mission has set up a task force to look into problems related to the use of indelible ink during the 13th general election. ... http://www.singaporestar.com/index.php/sid/214676992/scat/48cba686fe041718 Tue, 21 May 2013 20:26:51 -0400 http://www.singaporestar.com/index.php/sid/214676992/scat/48cba686fe041718 PETALING JAYA: Organisers of a rally here this weekend are going ahead with their event in defiance of tough warnings by the Home Ministry against those who hold unsanctioned rallies that could disrupt public order. ';Yes, (it’s) on,'; spokesman Badrul Hisham Shaharin said via a text message here yesterday. Some 48 NGOs and civil society bodies are reportedly gathering on Saturday ... http://www.singaporestar.com/index.php/sid/214676994/scat/48cba686fe041718 Tue, 21 May 2013 20:26:50 -0400 http://www.singaporestar.com/index.php/sid/214676994/scat/48cba686fe041718 KUALA LUMPUR: Blogger Wan Muhammad Azri Wan Deris has denied being the owner or publisher of the ';Papa Gomo'; blog. He contended that he would not make any confession over the postings of defamatory words and images ... http://www.singaporestar.com/index.php/sid/214676995/scat/48cba686fe041718 Tue, 21 May 2013 20:26:50 -0400 http://www.singaporestar.com/index.php/sid/214676995/scat/48cba686fe041718 PETALING JAYA: All members of the administration and their immediate families should be barred from bidding for government contracts, says the Malaysian Anti-Corruption Com­mission (MACC). This is one of the proposals mooted by the commission’s consultation and prevention panel to check corruption. The nine-member panel, headed ... http://www.singaporestar.com/index.php/sid/214676996/scat/48cba686fe041718 Tue, 21 May 2013 20:26:49 -0400 http://www.singaporestar.com/index.php/sid/214676996/scat/48cba686fe041718 and members of her Bersih 2.0 steering committee are expected to step down soon and pave the way for a new leadership, a news portal reported. The electoral watch group will hold internal elections among its 84 member organisations to determine who will lead the group, the portal quoted her as saying yesterday. Ambiga said there would be changes in the Bersih 2.0 committee ';once a proper ... http://www.singaporestar.com/index.php/sid/214677000/scat/48cba686fe041718 Tue, 21 May 2013 20:26:48 -0400 http://www.singaporestar.com/index.php/sid/214677000/scat/48cba686fe041718 HULU TERENGGANU: It was a close shave for several villagers performing Isyak prayers at the Kampung Binjai Kertas mosque here when the roof of the main entrance collapsed. The villagers were shocked to hear a loud, crashing sound while they were inside the mosque on Monday night. ';There were about five of us still inside the mosque when I heard a loud crash. The lights also went ... http://www.singaporestar.com/index.php/sid/214676998/scat/48cba686fe041718 Tue, 21 May 2013 20:26:48 -0400 http://www.singaporestar.com/index.php/sid/214676998/scat/48cba686fe041718 KLANG: PKR may nominate an entirely new line-up to represent the party in the Selangor state exco. As the party won the fewest seats in the state in the recent general election compared to its Pakatan Rakyat allies, PAS and DAP, it has given up one of its exco positions. After the 2008 elections, PKR had four representatives in the exco which is made up of 10 members. The four ... http://www.singaporestar.com/index.php/sid/214676997/scat/48cba686fe041718 Tue, 21 May 2013 20:26:48 -0400 http://www.singaporestar.com/index.php/sid/214676997/scat/48cba686fe041718 KUALA LUMPUR: When lorry driver Tan Chu Tea, 53, found blood in his stools two years ago, he was unsure what to make of it. ';I didn’t feel any pain or discomfort but there was blood. ';I was worried and didn’t know what to do,'; said Tan who lives with his family in Selayang. Luckily for Tan, non-governmental organisation The Cancer Advocacy Society of Malaysia ... http://www.singaporestar.com/index.php/sid/214676999/scat/48cba686fe041718 Tue, 21 May 2013 20:26:47 -0400 http://www.singaporestar.com/index.php/sid/214676999/scat/48cba686fe041718 head Serm Teck Choon said this was a major problem especially among fresh graduates. ';Most job seekers can speak and write in English, but their command of English is very basic and not up to the expectations of the employers,'; he said when commenting on the column by The Star executive director and group chief ... http://www.singaporestar.com/index.php/sid/214677001/scat/48cba686fe041718 Tue, 21 May 2013 20:26:47 -0400 http://www.singaporestar.com/index.php/sid/214677001/scat/48cba686fe041718 when he talked to them to evaluate their communications skills. In citing an example, he said his department had an intern from a local university a couple of months ago and he asked what her area of study was. ';Her reply was ‘I were studying communications’. What I asked was in simple English, which I think primary school children would be able to answer,'; he said. He ... http://www.singaporestar.com/index.php/sid/214677002/scat/48cba686fe041718 Tue, 21 May 2013 20:26:46 -0400 http://www.singaporestar.com/index.php/sid/214677002/scat/48cba686fe041718 PETALING JAYA: If you love writing and photography, join the MOB or the Metro Online Broadcast - our new citizen journalism website. MOB encourages public participation in story-telling, so get your smartphones out and send in your stuff. As our city is alive with stories, MOB gives you a chance to read, write and share them with others on the site. You can choose to submit your stories on the ... http://www.singaporestar.com/index.php/sid/214677003/scat/48cba686fe041718 Tue, 21 May 2013 20:26:46 -0400 http://www.singaporestar.com/index.php/sid/214677003/scat/48cba686fe041718 would lead to new collaborative measures to be announced soon. He said more measures would be in place to strengthen the police and armed forces collaboration as part of the National Blue Ocean Strategy. ';There are currently 17 National Blue Ocean strategies in place and we will be looking at introducing several new measures to further strengthen collaboration between the Home and Defence ... http://www.singaporestar.com/index.php/sid/214677005/scat/48cba686fe041718 Tue, 21 May 2013 20:26:45 -0400 http://www.singaporestar.com/index.php/sid/214677005/scat/48cba686fe041718 NEW YORK: Stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as Federal Reserve officials' comments eased some concerns that the central bank could start reducing its stimulus programme. Dow component Home Depot gave the market a lift after the world's largest home improvement chain raised its profit outlook, driving its stock to a record intraday ... http://www.singaporestar.com/index.php/sid/214677004/scat/48cba686fe041718 Tue, 21 May 2013 20:26:45 -0400 http://www.singaporestar.com/index.php/sid/214677004/scat/48cba686fe041718 KOTA KINABALU: The call by certain groups to boycott Chinese businesses is dangerous for the country’s well-being, said State Reform Party (STAR) ... http://www.singaporestar.com/index.php/sid/214677006/scat/48cba686fe041718 Tue, 21 May 2013 20:26:45 -0400 http://www.singaporestar.com/index.php/sid/214677006/scat/48cba686fe041718 wants to halve the number of power interruptions in Sabah within the next two years. He said that the Federal Govern­ment had spent over RM3.3bil on infrastructure facilities to reduce the system average interruption duration index (Saidi), or electricity interruption, in Sabah under the Eighth, Ninth and 10th Malaysia plans. He said the Government had also allocated RM4.06bil on diesel ... http://www.singaporestar.com/index.php/sid/214677008/scat/48cba686fe041718 Tue, 21 May 2013 20:26:44 -0400 http://www.singaporestar.com/index.php/sid/214677008/scat/48cba686fe041718 GENEVA: The H7N9 virus appears to have been brought under control in China largely due to restrictions at bird markets, but caused some $6.5 billion (4.2 billion pounds) in losses to the economy, U.N. experts said on Tuesday. Health authorities worldwide must be on the lookout to detect the virus, the experts said, which could still develop the ability to spread easily among humans and cause a ... http://www.singaporestar.com/index.php/sid/214677007/scat/48cba686fe041718 Tue, 21 May 2013 20:26:44 -0400 http://www.singaporestar.com/index.php/sid/214677007/scat/48cba686fe041718 's ability to shelter billions of dollars of income from tax has hinged on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. A U.S. Senate investigation has revealed that Apple, maker of iPhones, iPads and Mac computers, had channelled profits into Irish-incorporated subsidiaries that had "no declared tax residency ... http://www.singaporestar.com/index.php/sid/214677010/scat/48cba686fe041718 Tue, 21 May 2013 20:26:43 -0400 http://www.singaporestar.com/index.php/sid/214677010/scat/48cba686fe041718 SINGER Ning Baizura denied that she was seeking cheap publicity when she held a press conference to show off her first child to the media, Berita Harian reported. She said she only wanted to declare to the world her happiness over her child, Ryan Sky Dalton, who is now three months old. The singer married Omar Sharif Christopher Layton Dalton in January 2008. ';My mum didn’t want me to ... http://www.singaporestar.com/index.php/sid/214677012/scat/48cba686fe041718 Tue, 21 May 2013 20:26:43 -0400 http://www.singaporestar.com/index.php/sid/214677012/scat/48cba686fe041718 LONDON: Vodafone posted the largest ever fall in its main revenue measure, forcing it to keep a dividend from its healthy US arm to compensate for a slump in southern Europe. The world's second largest mobile operator, at the centre of intense speculation as to whether it will sell its stake in US ... http://www.singaporestar.com/index.php/sid/214677013/scat/48cba686fe041718 Tue, 21 May 2013 20:26:43 -0400 http://www.singaporestar.com/index.php/sid/214677013/scat/48cba686fe041718 KUALA LUMPUR: Liew and his family have been living in fear since his son, Meng Kat, went missing after borrowing money from Ah Longs. The nightmare started for the 64-year-old retiree and his family when his eldest son, who had not come home in four years, suddenly showed up at their Jinjang Utara home on March 19. "He told me that he had borrowed a lot of money from loan sharks and he had ... http://www.singaporestar.com/index.php/sid/214677009/scat/48cba686fe041718 Tue, 21 May 2013 20:26:43 -0400 http://www.singaporestar.com/index.php/sid/214677009/scat/48cba686fe041718 has cited bickering among the Indian community as the reason why it lost most of the benefits and incentives in the past 56 years, reported Makkal Osai. The community, he said, could have been on par with the others if it had started to receive and make use of the benefits. Social problems involving the Indian community had also increased tremendously due to the lack of job opportunities and the ... http://www.singaporestar.com/index.php/sid/214677015/scat/48cba686fe041718 Tue, 21 May 2013 20:26:42 -0400 http://www.singaporestar.com/index.php/sid/214677015/scat/48cba686fe041718 ONE-TIME Singaporean singer Kurt Tay, 27, shot to fame after he had breast augmentation surgery in Bangkok, reported Sin Chew Daily. Tay, who is known for releasing only one song previously and taking out a full-page advertisement about himself in a magazine last year, spent S$4,100 (RM10,250) on 395ml of silicon implants. He also uploaded a video on YouTube to show off his new figure. The ... http://www.singaporestar.com/index.php/sid/214677014/scat/48cba686fe041718 Tue, 21 May 2013 20:26:42 -0400 http://www.singaporestar.com/index.php/sid/214677014/scat/48cba686fe041718 has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a US Senate report on the company's offshore tax structure said. In a 40-page memorandum, the Senate's Permanent Subcommittee on Investigations identified three subsidiaries that have no "tax residency" in Ireland, where they are incorporated, or in the United States, ... http://www.singaporestar.com/index.php/sid/214677011/scat/48cba686fe041718 Tue, 21 May 2013 20:26:42 -0400 http://www.singaporestar.com/index.php/sid/214677011/scat/48cba686fe041718 has invested US$1.3bil (RM3.91bil) more overseas in global real estate, bonds and equities for the first quarter ended March 31 as part of its diversification strategy to expand its investments abroad. The EPF said in a statement its overseas exposure stood at 17.55% of its total investment cost at the end of the said quarter. The pension fund is allowed to invest up to 23% of its investment ... http://www.singaporestar.com/index.php/sid/214675794/scat/48cba686fe041718 Tue, 21 May 2013 19:18:46 -0400 http://www.singaporestar.com/index.php/sid/214675794/scat/48cba686fe041718 WHAT does the term "integrated talent management" mean to you? Suppose your answer is something like this "Well now, let's see I should know something about management, after all, that's what they call me! Talent that must be something about all those university graduates they recruit, I suppose? And, integrated well, that sounds like something I used to learn about in ... http://www.singaporestar.com/index.php/sid/214675796/scat/48cba686fe041718 Tue, 21 May 2013 19:18:44 -0400 http://www.singaporestar.com/index.php/sid/214675796/scat/48cba686fe041718 WHISPERS of oil price manipulation are travelling fast down the hallways of the world's oil markets. After a short silent spell, the oil market sprang a surprise via the double raiding of niche trading house Argos and price fixing agency Platts. Dutch trading house Argos Energies, a mid-sized trading company that deals in physical oil products and owns storage facilities, was visited by ... http://www.singaporestar.com/index.php/sid/214675795/scat/48cba686fe041718 Tue, 21 May 2013 19:18:44 -0400 http://www.singaporestar.com/index.php/sid/214675795/scat/48cba686fe041718 PETALING JAYA: The Association of Accredited Advertising Agents Malaysia (4As), which has the Future of Digital Marketing (FODM) rights for Asia for three years, is looking at holding the conference in Thailand next year. "We can do it as a single event next year or as a circuit comprising both Kuala Lumpur and Bangkok. It depends on the response to the conference in Kuala Lumpur next ... http://www.singaporestar.com/index.php/sid/214675799/scat/48cba686fe041718 Tue, 21 May 2013 19:18:43 -0400 http://www.singaporestar.com/index.php/sid/214675799/scat/48cba686fe041718 , walks away from a deal worth nearly US$300mil (RM905.55mil) for a 58% stake in the bank, its president said yesterday. Ramon Ang, San Miguel president, told reporters that CIMB was expected to make a decision within the next week or two on whether to pursue its plan to acquire a majority of the ... http://www.singaporestar.com/index.php/sid/214675798/scat/48cba686fe041718 Tue, 21 May 2013 19:18:43 -0400 http://www.singaporestar.com/index.php/sid/214675798/scat/48cba686fe041718 KUALA LUMPUR: Malaysia was the beneficiary of a 44% year-on-year (y-o-y) increase in investments to RM49.3bil in the first quarter of 2013, according to the Malaysian Investment Development Authority (Mida). The Government ... http://www.singaporestar.com/index.php/sid/214675797/scat/48cba686fe041718 Tue, 21 May 2013 19:18:43 -0400 http://www.singaporestar.com/index.php/sid/214675797/scat/48cba686fe041718 , which expects Malaysia's Multimedia Super Corridor (MSC Malaysia) to continue with its stellar growth momentum in 2013, is targeting total new investments to average between RM1.5bil and RM2bil. ... http://www.singaporestar.com/index.php/sid/214675801/scat/48cba686fe041718 Tue, 21 May 2013 19:18:42 -0400 http://www.singaporestar.com/index.php/sid/214675801/scat/48cba686fe041718 , is targeting to grow its assets under management (AUM) by some 20% to RM40bil by the end of its financial year to March 31, 2014, from RM33.3bil now, ... http://www.singaporestar.com/index.php/sid/214675800/scat/48cba686fe041718 Tue, 21 May 2013 19:18:42 -0400 http://www.singaporestar.com/index.php/sid/214675800/scat/48cba686fe041718 is ready to sell some of its assets as part of its strategy to improve its financials, said its head honcho. "We want to monetise some of our assets and are open to various options," ... http://www.singaporestar.com/index.php/sid/214675803/scat/48cba686fe041718 Tue, 21 May 2013 19:18:41 -0400 http://www.singaporestar.com/index.php/sid/214675803/scat/48cba686fe041718 , is expected to achieve a significant milestone - breach the 50,000ha of total oil palm planted area - by year-end. As of last year, its total oil palm planted area was 46,500 hectares. "This is an important milestone for us after so many years of hard work. "The group has been growing its plantation land bank size rapidly over the last five Araceli Roiz years. "And most ... http://www.singaporestar.com/index.php/sid/214675802/scat/48cba686fe041718 Tue, 21 May 2013 19:18:41 -0400 http://www.singaporestar.com/index.php/sid/214675802/scat/48cba686fe041718 , which is currently bidding for some RM1bil worth of contracts locally, has completed cleaning up its books, writing down a total of RM68mil in impairment loss for old vessels over the past two ... http://www.singaporestar.com/index.php/sid/214675805/scat/48cba686fe041718 Tue, 21 May 2013 19:18:40 -0400 http://www.singaporestar.com/index.php/sid/214675805/scat/48cba686fe041718 has been the favourite pick of several research houses which expect the company to secure more contracts under the Pan Malaysia hook-up and commissioning project reported to be worth RM8bil to RM10bil. On May 6, wholly-owned subsidiary Dayang Enterprise Sdn Bhd received a letter of award ... http://www.singaporestar.com/index.php/sid/214675804/scat/48cba686fe041718 Tue, 21 May 2013 19:18:40 -0400 http://www.singaporestar.com/index.php/sid/214675804/scat/48cba686fe041718 has almost doubled its net profit for the first quarter financial year 2013, recording RM13.9mil, a 98.5% jump compared with RM7mil in the same period last year. The higher profit was mainly due to the consolidation of its subsidiary’s profit and better general reinsurance business. Its revenue also increased to RM86.7mil, a 416% increase from RM16.8mil due to the higher gross earned ... http://www.singaporestar.com/index.php/sid/214675806/scat/48cba686fe041718 Tue, 21 May 2013 19:18:39 -0400 http://www.singaporestar.com/index.php/sid/214675806/scat/48cba686fe041718 recorded a 37.1% increase in net profit to RM1.38bil for its first quarter ended March 31, compared to RM1.01bil achieved in the previous corresponding period. Revenue climbed by 21.2% to RM3.94bil from RM3.25bil previously. "On an operational basis, we had a decent start to the year, with steady growth across most business segments. The first-quarter 2013 results were glossed by the gain on ... http://www.singaporestar.com/index.php/sid/214675807/scat/48cba686fe041718 Tue, 21 May 2013 19:18:39 -0400 http://www.singaporestar.com/index.php/sid/214675807/scat/48cba686fe041718 's pre-tax profit for the fourth quarter ended March 31, 2013 increased to RM178.3mil from RM164.93mil in 2012. In a filing to Bursa Malaysia yesterday, Alliance Financial said its revenue for the quarter rose to RM355.05mil from RM313.9mil previously. - Bernama Moving forward, the group would continue to capitalise on its strengths to generate sustainable revenue from consumer banking and ... http://www.singaporestar.com/index.php/sid/214675808/scat/48cba686fe041718 Tue, 21 May 2013 19:18:38 -0400 http://www.singaporestar.com/index.php/sid/214675808/scat/48cba686fe041718 's pre-tax profit for the first quarter ended March 31, 2013, was higher at RM53.4mil from RM50.6mil in the same period last year. The tobacco product manufacturer said pre-tax profit was higher, driven by increased net margins and better product mix offset partially by lower sales volume. - ... http://www.singaporestar.com/index.php/sid/214675809/scat/48cba686fe041718 Tue, 21 May 2013 19:18:38 -0400 http://www.singaporestar.com/index.php/sid/214675809/scat/48cba686fe041718 ’s pre-tax profit fell to RM24.45mil for the first quarter ended March 31, 2013 from RM31.25mil in the same period last year. Revenue was also lower at RM243.18mil from RM248.96mil. The group said pre-tax profit declined by RM21.6mil from the immediate preceding quarter due to the timing of the finalisation of the account for few projects in the Middle East. — Bernama The weaker ... http://www.singaporestar.com/index.php/sid/214675810/scat/48cba686fe041718 Tue, 21 May 2013 19:18:38 -0400 http://www.singaporestar.com/index.php/sid/214675810/scat/48cba686fe041718 ’s net profit jumped to RM43.8mil for its first quarter ended March 31, compared with the RM12.3mil recorded in the previous corresponding quarter. Revenue surged to RM305.3mil from RM117.8mil previously. ';We are confident of sustaining our growth momentum, underpinned by our high unbilled sales of RM1.1bil as at March 31, 2013, and our RM3bil worth of new launches in the current ... http://www.singaporestar.com/index.php/sid/214675812/scat/48cba686fe041718 Tue, 21 May 2013 19:18:37 -0400 http://www.singaporestar.com/index.php/sid/214675812/scat/48cba686fe041718 ’s net profit for the first quarter 2013 was 22% up from RM89.7mil to RM109.7mil, supported by a new floating production, storage and offloading vessel (FPSO) contract and fleet expansion. Revenue for the period was RM488.8mil, 46% higher than a year ago while earnings before interest, tax, depreciation and amortisation grew by 12% to ... http://www.singaporestar.com/index.php/sid/214675811/scat/48cba686fe041718 Tue, 21 May 2013 19:18:37 -0400 http://www.singaporestar.com/index.php/sid/214675811/scat/48cba686fe041718 recorded a 35% lower net profit of RM50.5mil for its first quarter ended March 31, compared with RM78.2mil in the previous corresponding quarter. Revenue rose to RM921.8mil from RM665.2mil previously. In a statement, the company said the offshore business segment achieved higher revenue during the period under review with improved contribution from ongoing projects such as the Telok Gas ... http://www.singaporestar.com/index.php/sid/214675813/scat/48cba686fe041718 Tue, 21 May 2013 19:18:36 -0400 http://www.singaporestar.com/index.php/sid/214675813/scat/48cba686fe041718 achieved a 2.8% higher net profit of RM567.8mil for its third quarter ended March 31, compared with RM552mil recorded in the previous corresponding quarter. However, revenue was lower at RM3.19bil over RM3.57bil previously. In a filing with Bursa Malaysia, the company said its improved performance was due mainly to better performance from manufacturing and property segments, which was however ... http://www.singaporestar.com/index.php/sid/214675814/scat/48cba686fe041718 Tue, 21 May 2013 19:18:35 -0400 http://www.singaporestar.com/index.php/sid/214675814/scat/48cba686fe041718