Arkib Harian: November 22, 2023

E&O posts jump in 2Q net profit to RM29.73mil

EO posts jump in 2Q net profit to RM2973mil

KUALA LUMPUR: Eastern & Oriental Bhd (E&O) says the property market is showing promising signs of growth, leading to cautious optimism that it will bolster group earnings. The improvement is seen not only in Penang, but from the sales of the property developer’s developments located in prime areas such as …

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PAC to call up Finance Ministry over A-G’s Report findings on Lada

PAC to call up Finance Ministry over A Gs Report findings

KUALA LUMPUR: The Public Accounts Committee (PAC) will call up the Finance Ministry on Nov 30 concerning the Auditor-General’s Report 2022 findings on the Langkawi Development Authority’s (Lada) management of real estate projects. PAC chairman Datuk Mas Ermieyati Samsudin said the committee will focus on several criteria in its proceedings, …

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Hundreds of Rohingya come ashore in Indonesia, joining about 1,000 this week

Hundreds of Rohingya come ashore in Indonesia joining about 1000

JAKARTA (Reuters) – More than 200 ethnic Rohingya came ashore in Indonesia’s Aceh province late on Tuesday, taking total arrivals of members of the Myanmar Muslim minority to more than 1,000 for the week, a leader of the province’s fishing community said. During November to April, when the seas are …

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Maybank records net profit of RM2.36bil in 3Q on income growth, lower provisions

Maybank records net profit of RM236bil in 3Q on income

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has turned in another solid quarter, underpinned by steady income growth and a significant improvement in net impairment provisions. In the third quarter ended Sept 30, 2023, the country’s largest banking group by assets turned in a net profit of RM2.36bil, up from RM2.1bil …

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Subsidies to help entrepreneurs digitalise operations in S’gor

Subsidies to help entrepreneurs digitalise operations in Sgor

SHAH ALAM: Subsidies will be rolled out for small entrepreneurs in Selangor to set up their website in a bid to digitalise their operations. State investment, commerce and mobility committee chairman Ng Sze Han said 100 entrepreneurs would be selected under the initiative each year. “Those selected will also receive …

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Dutch vote in tight race to pick a new prime minister

Dutch vote in tight race to pick a new prime

AMSTERDAM (Reuters) – Dutch voters cast their ballots on Wednesday in a nail-biting election in which opinion polls show at least three parties – including the far-right – could hope for the top spot, with no clear leader having emerged. Only one thing is certain: the Netherlands will get its …

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A-G’s Report: RM3.19mil land lease payment overdue to Lada

A Gs Report RM319mil land lease payment overdue to Lada

PETALING JAYA: About RM3.19mil in land lease payment to the Langkawi Development Authority (Lada) was found to be overdue by the Auditor-General’s Report 2022. “The estimated total… from St Regis Hotel Langkawi project (was) overdue to Lada (as of) Dec 31,” read the report, tabled in the Dewan Rakyat on …

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Fake AI porn leads to real harassment in US high schools

Fake AI porn leads to real harassment in US high

WASHINGTON: When Ellis, a 14-year-old from Texas, woke up one October morning with several missed calls and texts, they were all about the same thing: nude images of her circulating on social media. That she had not actually taken the pictures didn’t make a difference, as artificial intelligence makes so-called …

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Singapore economy forecast to grow 1-3% in 2024

Singapore economy forecast to grow 1 3 in 2024

SINGAPORE: The Singapore economy is expected to grow by 1.0 to 3.0 per cent in 2024 after taking into account global factors and barring the materialisation of downside risks, according to the republic’s Ministry of Trade and Industry (MTI). In a statement today, MTI said Gross Domestic Product (GDP) growth …

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65km of roads nationwide to use new rubber resurfacing method

65km of roads nationwide to use new rubber resurfacing method

IPOH: A total of 65km of selected roads nationwide have been chosen for a new road resurfacing method using rubber. Malaysian Rubber Board engineering design and product development unit chief Dr Nazirah Ahmad said the method is known as “cup lump modified asphalt”, or CMA. She said the technology is …

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