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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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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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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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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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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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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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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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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LONDON (Reuters) – Global hedge funds sold tech stocks at their highest pace in almost eight months in the week to Feb. 23, Goldman Sachs said, piling into bets against the sector just as Nvidia’s latest earnings fuelled a surge in tech shares. The tech share selling by hedge funds …
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(Reuters) – President Vladimir Putin promised late on Monday to increase the mobility and striking potential of Russia’s special operations forces, saying this is a key priority to make the country’s army stronger. “We will continue to strengthen the Special Operations Forces, increase their mobility and striking potential, and arm …
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