Arkib Harian: February 29, 2024

Capital A back in the black with RM836.98mil net profit in FY23

Capital A back in the black with RM83698mil net profit

KUALA LUMPUR: Capital A Bhd is back in the black, achieving a net profit of RM836.98 million for the financial year ended Dec 31, 2023 (FY2023) from a net loss of RM2.62 billion in FY2022. The group attributed the improvement in its net profit to the recognition of a gain …

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Potential MYAirline investor cancels deal, says Loke

Potential MYAirline investor cancels deal says Loke

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 …

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Keep JB clean during Chingay parade and at Ramadan bazaars, says mayor

Keep JB clean during Chingay parade and at Ramadan bazaars

JOHOR BARU: With the Chingay parade being held on Friday (March 1) and the Ramadan bazaar soon after, Johor Baru mayor Datuk Mohd Noorazam Osman has reminded the public to keep the city clean. He said the Chingay parade has always been successful in attracting participants from within and outside …

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Asian stocks firm before US inflation test; yen gains

Asian stocks firm before US inflation test yen gains

TOKYO: Chinese equities and most other regional stock markets climbed on Thursday, while the dollar held its ground against European rivals ahead of crucial U.S. inflation data that could provide fresh clues on when the Federal Reserve will cut interest rates. The yen gained as a Bank of Japan (BOJ) …

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Palm oil industry can get extra RM20bil yield through circular economy, says Ahmad Shabery

Palm oil industry can get extra RM20bil yield through circular

PUTRAJAYA: Embracing the circular economy model can yield extra returns of some RM20bil for the palm oil industry, says the Federal Land Development Authority (Felda). Its chairman, Datuk Seri Ahmad Shabery Cheek, said the revenue could be generated by leveraging the circular economy approach to harness oil palm by-products and …

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Cricket: Cricket-Green rallies Australia with fighting ton in Wellington

Cricket Cricket Green rallies Australia with fighting ton in Wellington

(Reuters) – All-rounder Cameron Green thwarted New Zealand with a sparkling, unbeaten century after the hosts’ seamers threatened to dominate the opening day of the first test against Australia in Wellington on Thursday. Running out of batting partners, Green brought up his second test ton on the penultimate ball of …

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Cenergi, Kwantas ink JV to develop biogas plant in Lahad Datu

Cenergi Kwantas ink JV to develop biogas plant in Lahad

KOTA KINABALU: Cenergi SEA Bhd (Cenergi) and Kwantas Corporation Bhd (Kwantas) inked their first biomass development joint venture (JV) partnership in Sabah during a simple ceremony here recently. Cenergi and Kwantas will jointly undertake the development, construction, operations and maintenance of a Bio Compressed Natural Gas (BioCNG) plant located at …

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Pharmaniaga reports narrower loss for FY23 on restructuring initiatives

Pharmaniaga reports narrower loss for FY23 on restructuring initiatives

KUALA LUMPUR: Pharmaniaga Bhd’s net loss for the financial year ended Dec 31, 2023 (FY2023) narrowed to RM77.45 million from RM629.92 million in FY2022. Revenue dropped to RM3.40 billion from RM3.48 billion, representing a 2.2 per cent decrease, mainly due to the reduction in revenue from its concession business as …

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Meta targeted in privacy complaints by 8 EU consumer groups

Meta targeted in privacy complaints by 8 EU consumer groups

BRUSSELS (Reuters) – Meta Platforms was hit with privacy complaints on Thursday as eight EU consumer groups asked watchdogs to act against the Facebook owner for allegedly breaching the bloc’s privacy rules when it hoovers up user data. The complaints by the consumer groups in the Czech Republic, Denmark, France, …

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Russian opposition flickers with support for jailed Navalny protester

Russian opposition flickers with support for jailed Navalny protester

LONDON (Reuters) – One person approached the Russian protester and shook his hand, thanking him for his courage. Another headed to the shops to buy hygiene products, food and books to bring to him in detention. Andrei Vyazov was jailed on Feb. 16 in the southern city of Krasnodar, one …

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