KUALA LUMPUR: Berjaya Land Bhd (BLand) expects the country’s economy to be driven by strong domestic demand and the moderation of average inflation rate, despite the uncertainties arising from geo-political tensions. For its second quarter ended Dec 31, 2023, BLand’s revenue was flat at RM1.69bil. It reported a net loss …

(Reuters) – Several NATO and European Union members are considering sending soldiers to Ukraine on a bilateral basis, Slovak Prime Minister Robert Fico said on Monday. Fico, who has long opposed military supplies to Ukraine and has taken a position seen by some critics as pro-Russian, offered no details and …

LONDON (Reuters) – An American women’s cycling team have been sanctioned by the Union Cycliste Internationale (UCI) for fraudulent actions after a mechanic was told to disguise herself as a rider in order to satisfy race regulations. The sport’s governing body said a Disciplinary Commission found that Cynisca Cycling, a …

PETALING JAYA: The employers who left 93 Bangladeshis stranded in Cheras without jobs and living in poor conditions has been blacklisted from employing any more foreign workers. In a joint statement, Home Minister Datuk Seri Saifuddin Nasution and Human Resources Minister Steven Sim said the action was among the several …

LONDON (Reuters) – Lockbit, the cybercrime gang that was knocked offline by a comprehensive international police operation earlier this month, says it has restored its servers and is back in business. The group, notorious on the internet’s criminal underground for using malicious software called ransomware to digitally extort its victims, …

KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd’s (Takaful Malaysia) net profit for the financial year ended Dec 31, 2023 (FY2023) jumped to RM346.91 million from RM282.85 million in FY2022. Revenue soared to RM3.45 billion from RM3.00 billion previously, driven by higher revenue recorded by both the family takaful and general …

(Reuters) – Formula One has plenty to talk about as it heads into a record 24-race season that starts in Bahrain on March 2 and ends in Abu Dhabi on Dec 8. Haas boss Guenther Steiner’s exit provided a surprise in January, followed by the shock announcement of Lewis Hamilton’s …

WARSAW (Reuters) – Polish farmers protesting against European Union regulations and cheap food imports from Ukraine blocked the A2 highway at a border crossing with Germany on Monday. Farmers across Europe have been protesting for weeks against constraints placed on them by European Union measures to tackle climate change, as …

KUALA LUMPUR: Allianz Malaysia Bhd’s net profit for the financial year ended Dec 31, 2023 (FY2023) rose to RM730.90 million against RM613.67 million in FY2022. Revenue improved by 11.8 per cent to RM4.94 billion versus RM4.41 billion previously, mainly due to higher insurance revenue from both general and life insurance …

MUMBAI (Reuters) – IT clients are excited about using artificial intelligence, but cost considerations are forcing them to apply brakes on the faster adoption of the technology, a top Infosys executive said. “You have to think about return on investment, because this tech, unlike the other ones, is high on …