PUTRAJAYA: The licence issued to water supply service operators under the National Water Services Commission (SPAN) can be revoked if they do not achieve the required key performance indicators (KPI), said Deputy Minister of Energy Transition and Public Utilities Akmal Nasrullah Mohd Nasir. He said this is stipulated under the …

NEW YORK: US stocks ended lower on Tuesday after mixed earnings from Morgan Stanley and Goldman Sachs pressured banks, and as sell-offs in Boeing and Apple weighed on the S&P 500. Morgan Stanley tumbled 4.2% to a more than one-month low after it posted a lower quarterly profit, while Goldman …

BUTTERWORTH: A service engineer claimed trial to a charge of causing the death of two people while driving under the influence of alcohol. Teoh Joo Leong, 47, pleaded not guilty when the charge was read to him before Magistrate Siti Zulaikha Nordin @ Ghani. He allegedly caused the death of …

KUALA LUMPUR: The exemption of capital gains tax (CGT) is needed to boost capital market performance and also to benefit over 90 per cent of investments in the unit trust industry that are made by individual investors. PwC Malaysia tax partner Jennifer Chang said the exemption would encourage more unit …

KUALA LUMPUR: Muda has failed in its legal attempt to refer constitutional questions to the Federal Court on the Malaysian Anti-Corruption Commission’s (MACC) probe on Court of Appeal judge Justice Datuk Mohd Nazlan Mohd Ghazali. On Wednesday (Jan 17), High Court judge Justice Ahmad Kamal Md Shahid dismissed Muda’s application …

KOTA KINABALU: Load-shedding is currently ongoing in Sabah due to an insufficient power supply and critical reserve margins currently in the state. Sabah Grid System Operator managing director Adrian Mosigil, said that this is due to inspection and repair works on two of the main independent power producers (IPPs), The …

Apple Inc is opening its US App Store to allow outside payment options after the Supreme Court refused to consider the company’s appeal in an antitrust suit challenging its practices. The company plans to let all third-party apps sold in the US include an outside link to a developer website …

KUALA LUMPUR: Kerjaya Prospek Group Bhd’s (KPG) latest job win is just a sign of more to come, say analysts, as the company’s job replenishment prospects look bright. “With a plethora of bright prospects underpinning its job replenishment trends, we believe there is more room for the stock to trade …

KUALA LUMPUR: The refusal to take a police report is a grave disciplinary violation and I take this very seriously, says the city’s top cop. When met after the monthly assembly at the Kuala Lumpur police contingent headquarters, City police chief Comm Datuk Allaudeen Abdul Majid did not hold back …

JOHOR BARU: More than 300 tonnes of flood waste have been collected in Kota Tinggi alone during the post-flood clean-up efforts led by the Johor Southern Volunteers. Johor deputy state secretary (Sports, Youth, and Volunteering) Datuk On Jabbar @ Jaafar said that the five-day operation started last Friday until yesterday, …