SHAH ALAM: The Employees Provident Fund (EPF) recorded RM66.99bil in total investment income for the financial year ended Dec 31, 2023 – which is a 29% year-on-year increase from the RM51.91bil reported in 2022. The total investment income was reported after netting off equity write-downs. Of the RM66.99bil in total investment income, RM5.72bil was generated from mark-to-market...
PUTRAJAYA: The main contributing factor for the low representation of bumiputra companies in the halal industry is their inability to meet halal certification requirements, says Mydin Mohamed Holdings Bhd managing director Datuk Dr Ameer Ali Mydin. Ameer, who is the Bumiputra Retailers Association president, said out of the 9,162 halal-certified companies in 2023, only 38.7% or...
JOHOR BARU: Chingay is already a lively event, but in Johor, the occasion was further enlivened by the presence of Regent of Johor Tunku Ismail Ibni Sultan Ibrahim, who brought along his two children, much to the delight of attendees of the century-old Johor Ancient Temple Chingay procession here. Loud cheers could be heard as the...
GEORGE TOWN: It’s sweltering in Penang but farmer Tan Chee Keat is smiling. His durian trees are fruiting abundantly in the heat and he is expecting a “record-breaking” harvest this year. Tan, who described the fruiting as a phenomenal sprouting pattern, said he expects at least four batches of fruits this season, which could last until...
KOTA KINABALU: Two more people, including a woman, linked to what has been described as Sabah’s biggest drug cartel have been charged with being members of an organised criminal group at the Sessions Court here. The duo, Norsyafilah Pawawoi, 28, and Zulkahar Dusing, 29, both said to be members of the group, dubbed Geng Upik, were...
JOHOR BARU: A man lost RM427,940 after being duped by an acquaintance into withdrawing money with a promise of a refund and a commission. Seri Alam district police chief Supt Mohd Sohaimi Ishak said that the 45-year-old victim was introduced to a local man, who claimed that he had money amounting to RM25mil deposited into his...
PETALING JAYA: Consumers in the B40 and M40 groups will be affected by the increase in the Sales and Service Tax (SST) despite being exempted directly, says says Datuk Seri Dr Wee Ka Siong The MCA president said that although those who use less than 600 kWh a month in electricity would be exempted from SST,...
KOTA KINABALU: Two more people linked to what has been described as Sabah's biggest drug cartel have been charged with being members of an organised criminal group. Norsyafilah Pawawoi, 28, and Zulkahar Dusing, 29, both said to be members of the so-called Geng Upik, were charged under Section 130V(1) of the Penal Code in the Sessions...
PUTRAJAYA: Discounts for rich bumiputra to buy luxury homes should be scrapped in the new economic agenda to empower the community in favour of policies that are aimed at those who earn low incomes. "Property discounts for bumiputra buyers who want to buy a RM2mil ringgit bungalow are not suitable," says Tan Sri Abdul Wahid Omar,...
LANGKAWI (AP): A Scandinavian Airlines medical evacuation plane arrived on Friday (March 1) in Pulau Langkawi, where the Norwegian king is in hospital and being treated for an infection. King Harald V, Europe's oldest monarch at 87, was hospitalised after he fell ill during a vacation, the royal palace in Oslo announced on Tuesday. There were...
