Alliance Bank’s top shareholder Vertical Theme is said to consider sale to DBS

Investment management firm Vertical Theme Sdn. is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia Bhd., according to people familiar with the development. Vertical Theme, a Malaysian holding company, is considering selling its roughly 29% stake in Alliance Bank to Singapore’s biggest lender, DBS Group Holdings...

Albania approves luxury resort project linked to Jared Kushner’s company

TIRANA (Reuters) - Albania's government has granted strategic investor status to a company linked to Donald Trump's son-in-law Jared Kushner to build a luxury resort on an uninhabited Mediterranean island that was once a military outpost. The Balkan country's Strategic Investment Committee, headed by Prime Minister Edi Rama, on Dec. 30 accepted a proposal by Atlantic...

China shop becomes favourite for hundreds of students who flock there to watch TV for free

SHANGHAI: A snack shop in southern China has gone viral online because of the number of primary school students who flock to it after school as part of their daily routine. Feijuan Snack in Suixi county, Guangdong province, is always crowded with young customers dressed in school uniforms, the Xiaoxiang Morning Herald reported. Students go there because...

Hong Kong mogul Jimmy Lai grilled over US, Taiwan ties

HONG KONG: Jailed Hong Kong media tycoon Jimmy Lai testified on Thursday (Jan 160 that he brokered meetings between former Taiwan leader Tsai Ing-wen and American establishment figures, with prosecutors alleging that he colluded with foreign forces. Lai is one of the most prominent figures to be prosecuted under Hong Kong's national security law, which Beijing...

Coach Kenneth gets perfect birds-eye view on state of Malaysian singles

PETALING JAYA: The first impression matters and singles head coach Kenneth Jonassen got what he wanted from the Malaysian Open – precious and valuable insights. Not even a week into his job as the singles supremo, Jonassen from Denmark had to manage and lead the players at the season opener home tournament in Axiata Arena in...

Badminton: Mixed fortunes for Tang Jie-Ee Wei, Pang Ron-Su Yin in Indian Open

PETALING JAYA: It was a good day for mixed doubles shuttlers Chen Tang Jie-Toh Ee Wei when they made it into the Indian Open second round but teammates Hoo Pang Ron-Cheng Su Yin crashed out early. Tang Jie-Ee Wei, who reached a career-high No. 3 in the latest world rankings, were in commanding form as they...

Goh-Izzuddin and Chen-Toh rejoice rise to career-high rankings in style

PETALING JAYA: Doubles shuttlers Goh Sze Fei-Nur Izzuddin Rumsani (pic) and Chen Tang Jie-Toh Ee Wei celebrated their rise to career high world rankings by reaching the second round of the Indian Open. In the men’s doubles, Sze Fei-Izzuddin, who moved up one spot to No. 2 in the latest rankings, defeated teammates Tan Wee Kiong-Nur...

Anwar meets UK Prime Minister Keir Starmer

LONDON: Malaysian Prime Minister Datuk Seri Anwar Ibrahim is meeting his United Kingdom counterpart Sir Keir Starmer here on Wednesday (Jan 15). Anwar, who arrived here on Tuesday for a five-day working visit to the United Kingdom, was received by Starmer at his office at No 10, Downing Street at 1pm (9pm Malaysian time). Anwar and Starmer...

‘Our ties are stronger than ever’, Starmer tells Anwar during meet at No 10

LONDON: The United Kingdom and Malaysia have a close and historic relationship, UK Prime Minister Keir Starmer told Datuk Seri Anwar Ibrahim. Starmer also said he was delighted to welcome the Malaysian Prime Minister to his office at No 10, Downing Street, on Wednesday (Jan 15). "Can I extend a warm welcome to you here at Downing...

LHDN has no plans to extend e-invoicing deadline

PETALING JAYA: Despite companies grappling with the mandatory adoption of e-invoicing, the Inland Revenue Board (LHDN) is not planning to extend the Feb 1 soft-landing deadline. Companies under the first phase of the e-invoicing roll-out will be subject to a fine of between RM200 and RM20,000 or imprisonment for up to six months for each instance...