KUALA LUMPUR: Genting Bhd registered a net profit of RM929.20 million in the financial year ended Dec 31, 2023 (FY2023) compared to a net loss of RM299.90 million a year ago. Its revenue jumped to RM27.12 billion from RM22.38 billion, boosted by the leisure and hospitality businesses in the United States, Bahamas, United Kingdom and Egypt. It...
KUALA LUMPUR: The Employees' Provident Fund (EPF) is expected to announce the flexible account or Account 3 initiative in April, including the withdrawal mechanism and flexibility for contributors, Finance Minister II Datuk Seri Amir Hamzah Azizan said. He said Account 3 will be explained to contributors after the dividend distribution announcement this Sunday. "They (EPF) will also...
PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim wants efforts to reduce the country's fiscal deficit to continue so that future generations will not be burdened. He said continuous efforts and initiatives are important for the country to achieve a lower fiscal deficit target, while at the same time continuing to restore the confidence of domestic and...
SHAH ALAM: The Selangor state assembly sitting was hit with momentary chaos over the royal rebuke PAS president Tan Sri Abdul Hadi Awang received from Selangor Ruler Sultan Sharafuddin Idris Shah. Batu Tiga assemblyman Danial Al-Rashid Haron ignited the chaos during the debate by calling out Selangor PAS commissioner and Paya Jaras assemblyman Datuk Dr Ab...
KUANTAN: A teenage boy died after being buried in a cave-in while panning for gold at Pos Pantos, Kuala Lipis on Wednesday (Feb 28). Lipis OCPD Supt Azli Mohd Noor said investigations found that the victim, Budiman Johan, 18, along with four other friends, had gone to an oil palm plantation in Pos Pantos to pan...
PUTRAJAYA: Job vacancies advertised online recorded an increase of 29.5 per cent with 338,305 vacancies in the third quarter (Q3) of 2023 compared to 261,231 vacancies recorded in the second quarter (Q2) last year, according to the Department of Statistics Malaysia (DOSM). In the Big Data Analytics Job Market Insights and My Job Profile: Job Vacancies...
BATU GAJAH: A company that was supposed to invest in MYAirline Sdn Bhd has pulled out from the deal, says Anthony Loke. The Transport Minister said the ministry received a letter from the company on Wednesday (Feb 28) stating that they would not be continuing with their intention of investing in the airline and that they...
PETALING JAYA: Former Malaysian Digital Economy Corporation (MDEC) CEO passed away on Thursday (Feb 29) morning. She was CEO of MDEC from January 2019 to August 2021. Surina had also served as an independent non-executive director of Capital A (formerly known as AirAsia Group) and CIMB Investment Bank Bhd. She leaves behind husband Jasmin Ong Rashid and three...
KUALA LUMPUR: They used to be good friends, even going for holidays abroad together, but things turned ugly for Jasmine Loo as she claimed to have been threatened by Low Taek Jho during her isolation in Bangkok, the High Court has heard. The former 1Malaysia Development Bhd (1MDB) general counsel also told the High Court that...
PETALING JAYA: The Elews Mart convenience store owned by preacher, Ebit Irawan Ibrahim Lew or popularly known as Ebit Lew has been closing in stages since Jan 15. Elews Mart Sdn Bhd in a statement announced of its move on Wednesday (Feb 28). "Please be informed that Elews Mart Sdn Bhd has been closing all Elews Mart...
