KUALA LUMPUR: An Indonesian woman claims to have lost more than RM4mil after being deceived by a Labuan-based foreign currency (forex) investment syndicate. The woman, identified only as Suzy, 53, said that she began investing in the company in 2020, depositing a total of S$1.3mil (RM4.3mil) into two local bank accounts associated with the company. Based in...
KUALA LUMPUR: Private vehicle users will enjoy toll-free travel on highways on Oct 29 and 30 in conjunction with Deepavali, says the Works Ministry. Minister Datuk Seri Alexander Nanta Linggi said the toll-free travel for Class 1 (private vehicles) will be implemented at all highways from 12.01am on Tuesday and end at 11.59pm the following day...
IPOH: Persatuan Kebudayaan Guan Gong has confirmed that all necessary procedures, including obtaining a police permit, were followed for their recent cultural parade in Teluk Intan. President Soon Boon Hua stated that these steps were essential to ensure the event was conducted legally and in compliance with local regulations. "The Malaysia International Guan Gong Cultural Festival is...
KOTA KINABALU: Parti KDM has pledged to look into resolving land ownership issues in Sabah as the party seeks to shore up support among the native communities for the upcoming state election. Its president Datuk Peter Anthony announced the policy as he unveiled two more plans under his manifesto during the launch of the party’s machinery...
KOTA KINABALU: Almost three-quarters of Employees Provident Fund (EPF) contributors in Sabah have savings of less than RM50,000 in their EPF accounts. Sabah and Labuan EPF regional director Mohd Fadil Sarehan said this represents about 71%, or 691,322, of the 973,693 contributors in Sabah. Mohd Fadil said there is a need to raise awareness among contributors to...
LIKE all things, airliners become obsolete and when they do, it is time for their retirement. Some wind up as artificial reefs, some get cut up for their aluminium and other metals to be salvaged and repurposed and some wind up being used on the ground for training emergency services, law enforcement and even military units. It...
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today with market sentiment remaining guarded as the world braces for the US presidential election which will be held on Nov 5. At 8.03 am, the local note edged up to 4.3400/3595 against the greenback compared with last Friday’s close of 4.3405/3450. Bank Muamalat Malaysia Bhd...
KUALA LUMPUR: Over RM4mil in heroin and syabu has been seized from a low-cost condominium used to store the drugs and two suspects arrested, says Bukit Aman. A raid by the Narcotics Crime Investigation Department (NCID) yielded 100 blue-coloured packages containing suspected syabu, 40 packs of suspected heroin, and 15 more packages with the word “daguayin”. “In...
KUALA LUMPUR: Zurich Life Insurance Malaysia Bhd (ZLIMB) has appointed Pauline Teoh as its new chief executive officer (CEO), effective Nov 1, 2024. Teoh has over over 25 years of experience in the insurance industry, having held multiple senior leadership roles across the APAC region with leading financial institutions. “We are excited to welcome Teoh as the...
KUALA LUMPUR: BlackBerry Ltd’s Cybersecurity division has set up its regional headquarters for the Asia Pacific in Malaysia. In a statement, BlackBerry said the office, now fully operational, is situated in Cyberjaya, taking advantage of its proximity to key emerging technology hubs and government infrastructure. It said the new headquarters and regional expansion in APAC signalled BlackBerry’s...
