Arkib Harian: February 27, 2024

Wife killer spared the gallows

Wife killer spared the gallows

PUTRAJAYA: A father of five escaped the gallows for his wife’s murder five years ago after the Court of Appeal here commuted the sentence to 30 years’ jail and 12 strokes of the rotan. Justice Hadhariah Syed Ismail, heading a three-member panel of judges, rejected the appeal of former electrician …

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Ringgit opens slightly lower against US$ on lack of catalysts

Ringgit opens slightly lower against US on lack of catalysts

KUALA LUMPUR: The ringgit eased against the US dollar in early trade today due to the lack of catalysts, said an analyst. At 9:05 am, the local currency was pegged at 4.7775/7805 against the greenback compared with Monday’s close of 4.7750/7795. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam …

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Hike in hotel rates likely

Hike in hotel rates likely

GUESTS can expect a moderate increase in hotel room rates beginning Friday, with the hike in the sale and service tax (SST) from 6% to 8%. Malaysian Association of Hotels (MAH) Johor Chapter chairman Ivan Teo said its members had increased hotel room rates from between 20% and 30% in …

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Most countries did not agree to record conversations, 1MDB trial told

Most countries did not agree to record conversations 1MDB trial

KUALA LUMPUR: Malaysia had asked several countries to record the conversations of bank witnesses in connection with the investigation into corruption and money laundering involving RM2.3bil from 1Malaysia Development Bhd (1MDB). However, only Singapore acceded to the request, the High Court here was told. Malaysian Anti-Corruption Commission (MACC) senior superintendent …

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Terraform Labs co-founder Do Kwon to miss start of US SEC fraud trial

Terraform Labs co founder Do Kwon to miss start of US

NEW YORK (Reuters) -The cryptocurrency entrepreneur Do Kwon will likely miss at least the start of a March 25 civil trial on U.S. Securities and Exchange Commission fraud charges because of a delay in extraditing him from Montenegro, his lawyer said on Monday. In a letter filed in federal court …

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Trading ideas: PetChem, PetDag, United Plantations, Inari, AMMB, LPI, FGV, D&O, Takaful, Cahya Mata, Allianz and SKP

Trading ideas PetChem PetDag United Plantations Inari AMMB LPI FGV

KUALA LUMPUR: Investors could take note of recent developments in PetChem, PetDag, United Plantations, Inari, AMMB, LPI, FGV, D&O, Takaful, Cahya Mata, Allianz and SKP, said APex Securities Research. Petronas Chemicals Group Bhd’s (PetChem) net profit for the financial year ended Dec 31, 2023 slumped 73% to RM1.69 billion from …

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Section 14 gazetted as towing hotspot in Shah Alam

Section 14 gazetted as towing hotspot in Shah Alam

THE Section 14 administrative and commercial centre of Shah Alam, Selangor is a hotspot where vehicles will be towed away for being parked at non-designated parking zones or obstructing traffic. Shah Alam City Council (MBSA) will also tow away vehicles parked in similar conditions in parts of Kota Kemuning and …

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Feeling overwhelmed by notifications? Mindfulness could help

Feeling overwhelmed by notifications Mindfulness could help

From emails to instant messages, workers can sometimes find themselves drowning in an avalanche of notifications, which can take their toll on concentration and increase stress levels. Luckily, researchers at the University of Nottingham have identified a way to minimise the harmful effects of digital hyperconnectivity at work. And here, …

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Nasi kandar fest draws thousands

Nasi kandar fest draws thousands

THOUSANDS thronged KL Tower in Jalan Punchak, Kuala Lumpur to savour the Malaysian favourite nasi kandar over a weekend. The ‘Surrr! In the Sky’ @ KL Tower ― Nasi Kandaq Festival featured 15 restaurants famous for their hearty nasi kandar. The two-day event brought together renowned establishments such as Hameediyah, …

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Uniqlo’s sister brand GU aiming to take on markets in US, Europe

Uniqlos sister brand GU aiming to take on markets in

TOKYO: Fast Retailing Co, home of the Uniqlo brand, wants to ramp up the presence of its other fashion label GU in the United States and Europe, as Asia’s largest apparel maker accelerates efforts to become a global retailer with 10 trillion yen (US$66.6bil) in annual sales. “GU has the …

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