'RM2b redevelopment for Kerteh-Kuantan rail link'

BETTER CONNECTIVITY- It will be upgraded to double tracking to serve passengers

THE railway track between Kerteh in Terengganu and Kuantan in Pahang, which is owned by Petroleum Nasional Bhd (Petronas), will be redeveloped under a private finance initiative for about RM2 billion, accord...

CIMB expands into South Korea

First Asean institution to gain brokerage licence there

CIMB Group's investment banking and brokerage business in Seoul has taken off after successfully obtaining an equities brokerage licence from South Korea's Financial Services Commission.

This makes CIMB, via CIMB ...

Highlight: Kuok tightens grip on Shangri-La

Robert Kuok Hock Nien has tightened his grip on Shangri-La Hotels Malaysia Bhd by raising his equity interest to 74.98% from 52.78% previously.

Raid on Borders illegal, court rules

BERJAYA Books Sdn Bhd succeeded in its application challenging the Federal Territory Islamic Affairs Department's (Jawi) action in raiding, searching and seizing  Irshad Manji's controversial book at a Borders bookstore last year.
High Court judge Datuk Zaleha Yusof yesterday ...

Najib bares his soul to listeners of radio station

He also expressed his yearning to drive his own car but was unable to do so due to police restriction. “But I was allowed to drive from Putrajaya to Majestic Hotel with my family for dinner about two weeks ago. But it was with a police escort.”

As polls looms, Mahathir steps out of the shadows

Four years after leading a charge to oust Malaysia’s previous prime minister, ex-leader Mahathir Mohamad is making his sizeable influence felt again as a close election looms.

Oh! How little have we changed

Egyptian kings loved their massive mega projects, all built to announce their greatness as well as to instil awe and fear among the populace. Today, all around the world, we see the same mad egotism practised by the powerful.

Having world-class projects put country on the map and open up economy

In citing the KLCC – Pavilion elevated pedestrian walkway as an example, Dr Ng said seven million people had used it within the first three months since it was opened by Najib early last year.

A total of 31.9 million people had used the stretch in 2012. Meanwhile, the high-speed r...

KL aims for higher liveable city rank

THE Greater Kuala Lumpur/Klang Valley (KL/KV) National Key Economic Area (NKEA) has several critical targets to achieve this year. For one, it aims to push Greater KL/KV to No. 75 on the liveability index.

Former Miss Malaysia could get £500m payout in Britain's biggest ever divorce settlement from multimillionaire husband

A former Miss Malaysia could receive Britain's biggest ever divorce settlement of up to £500million after splitting from her multimillionaire husband.

The race to woo more tourists

Tourism Malaysia is taking advantage of the Formula 1 Grand Prix this weekend to promote the 1Malaysia Grand Prix Sale

How Indonesia deals with corruption

JUSTICE will be an important theme in the upcoming elections. Many Malaysians feel our society is deeply unjust – with the elite (people like myself) enjoying a disproportionate share of the country’s wealth and power, whilst also shirking our responsibilities.

Changi-Senai twin airport proposal

Iskandar Malaysia is planning to propose the twin-airport concept to Singapore in a bid to boost the aviation industry in the republic and south Johor.

Iskandar Regional Development Authority (Irda) chief executive officer Datuk Ismail Ibrahim said it would further complement the two ma...

Increase in Khoo’s net worth

Businessman Tan Sri Khoo Kay Peng saw a 77% spike in his net worth to US$275mil (RM860mil), the largest percentage gain among those on Forbes' latest list of Malaysia's 50 richest.

Get a life: If women ruled the world

MARCH 8 was International Women’s Day. Every year on this day there are all kinds of programmes and messages to honour women. Every year I wonder the same thing: Why men struggle so hard to accept women, why they’re so clueless about how to treat us when everyone speaks endlessly abou...

City Hall gets FRIM's help to green the capital

CITY Hall will be inking a Memorandum of Understanding (MoU) with the Forest Research Institute Malaysia (FRIM) to green the city.

Double tracking to cost RM40b

Malaysia's electrified double track project (EDTP), meant to improve the passenger and cargo business, will cost some RM40 billion by the time the whole network is completed around 2020.

Handling the hype behind Sabah crisis

There are many actors in the Sulu saga and there is a need to separate fact from fiction.

PM: TNB to power ahead as single entity

THE government yesterday dismissed speculation that Tenaga Nasional Bhd (TNB) will be split into separate companies.

Airstrikes just first of our firepower options

Modern Warfare can do -- that a cherubic, bespectacled couch potato, who is as athletic as a slab of tofu with zero military background, can form an opinion of how a military campaign should be waged.
Even before the dust cloud from the airstrikes on the Sulu terrorist positions in Kampung...

Celcom: RM100m for 4G project

CELCOM Axiata Bhd will put aside RM100 million from its RM1 billion capital expenditure (capex) to roll out its long-term evolution (LTE) programme.

DiGi, Celcom and Maxis get largest fine in one sitting for dropped calls

Communications regulator Malaysian Communications and Multimedia Commission (MCMC) has served RM190,000 in compounds to three of the biggest telcos in the country over dropped calls in the largest fine served in one sitting.

DiGi Telecommunications Sdn Bhd was the biggest culprit with a...

Maxis Q4 net profit down more than half

For the full-year, net profit fell to RM1.8 billion from RM2.5 billion, but revenue rose to RM8.9 billion from RM8.8 billion previously. He said mobile Internet has overtaken short message service, which used to account 50 per cent of non-voice traffic. He said Maxis is leading in earnings before...

KL to power down for Earth

Others who pledged to join DBKL were KLCC Holdings Sdn Bhd chief executive officer Hashim Wahir, KL Tower chief executive officer Datuk Zuraidah Mohd Said, Andrew Lee from the KL City Gallery and YTL Corp Bhd representative Ralph Justin Dixon.

Ahmad Phesal said that DBKL had collaborate...

Celcom Axiata posts record RM3.5bil EBITDA from voice, SMS, broadband and smart plan

To date, Celcom has rolled out up to 70 4G sites and this is expected to reach 300 to 500 sites by year-end. “We target to reach at least 1,500 4G sites by 2015,” Shazalli noted.

MyClear launches MyMobile

Malaysian Electronic Clearing Corp Sdn Bhd (MyClear), a wholly-owned unit of Bank Negara, yesterday launched MyMobile, a mobile-to-mobile payment service that does not require smartphones nor mobile applications.

"With MyMobile, subscribers can reload their handphone talktime and p...

Malaysia 'a success story'

"Your economy is very diversified and supported by a vibrant democracy. This is very important and should not be underestimated," he said.

He said at this stage of economic development, innovation and technological change must take centre stage and this demanded heavy investme...

'Sad if no ethics in social media'

He told his diverse members of the audience, who ranged from online entrepreneurs to foreign experts, that a recent study revealed Malaysia and Brazil had the highest Twitter usage in the world.
"The report by the Oxford Internet Institute, says 'Malaysia stands out as a forward l...

&nbps; &nbps;
The Cup of the Father’s Wrath to the Cup of the Father’s Joy

From creation, God has been concerned with “all the nations.” The genealogies of Genesis trace the origin of all nations to Adam through Noah and his sons (Gen. 10). For the sake of the nations, God worked in and through this one natio...

Tan Sri (Dr) Francis Yeoh amongst the Global top 50 Family Business Leaders 2013 by CampbenFB

Tan Sri (Dr) Francis Yeoh joined his father’s construction firm in 1978 and took the helm in 1988. Yeoh’s shrewdness in buying bargains and keeping plenty of cash in the business to make acquisitions is legendary. He has made infrastru...

Warming ties between Malaysia and Singapore

Malaysia and Singapore have been each other's main trading partners for many years. Data from Malaysia's Department of Statistics, for instance, show that bilateral trade between Malaysia and Singapore was valued at RM175.5bil last year, up from R...

Raising the Curtain for Starhill Gallery Luxury Channel

Starhill Gallery Luxury Channel was launched in style by celebrity guest of honour, Hollywood star Kimora Lee Simmons, who raised the curtain for the exclusive online channel. The fashion and reality TV star officially made the world accessible to...

Shaping schools of the future

Joining other global industry leaders at Bett and calling for actions to shape schools of the future, were FrogTrade Ltd and FrogAsia, which have played a key role in rolling out the 1BestariNet project in Malaysia.

The 1BestariNet project...

Orchard Road rents on the rise

Mall revamps, lease renewals, limited quality space RENTS on Singapore's most famous shopping street have gone up for the first time since late 2011 due to major malls being refurbished, an onslaught of lease renewals and a limited stock of qualit...

Market Close: Economic transformation results lift KLCI

The FBM KLCI which opened in negative territory, recouped losses in mid morning and broke into positive territory for the rest of the day.

At 5pm, the 30-stock benchmark rose 6.08 points or 0.37% to close at 1,631.54, led by Tenaga Nasiona...

Ligne Roset expands its presence to Sentul East, Kuala Lumpur

The design revolution in Sentul East moves up another notch with the opening of Ligne Roset’s new showroom at d6, Sentul East. The showroom features contemporary European furnishings by the French design brand which includes sofas, bedroom f...

YTL Comms expects to be profitable by year-end

YTL Communications Sdn Bhd, one of eight telecommunications operators awarded the 4G-LTE spectrum band by the Malaysian Communications and Multimedia Commission in December last year, expects to turn a profit by the end of this year, said its exec...

KTB to launch WiFi services in coaches

At a launch ceremony for the Yes 4G Internet services in Kuala Lumpur yesterday, KTB chairman and managing director Datuk Seri Mohd Nadzmi Mohd Salleh said: “We want to have a differentiating factor to stay ahead of the competition. The Yes ...

YTL's Yes 4G and KTB to provide WiFi for bus passengers

''Internet connectivity is no longer just a 'nice-to-have'. It is necessary for our growth as a nation and by establishing reliable Internet connections across the peninsula from schools to buses, the world will start paying attention to how we ar...

Style blooms this Spring at Starhill Gallery Fashion Week

Vice President of YTL Land & Development Bhd, Mr Joseph Yeoh, said “Starhill Gallery’s portfolio of the best fashion brands is constantly growing and we are proud to be able to offer such a variety of choice and deliver an exclusive experience like Starhill Gallery Fashion Week offers.”


Colonial class with modern luxuries

Amid Malaysia’s increasingly glassy, sky-scraping capital, the newly reopened Majestic Hotel is a vestige of Kuala Lumpur’s colonial past.

On a slippery slope

SNOW. Never in my wildest dreams would I have imagined that something so alien to my life could be so much fun. A fortnight ago, I was standing in another ski resort. This time it was in Hokkaido, Japan. I was part of a media group invited by YTL ...

Ceres 'world's finest jewels' arrive in KL at YTL's Starhill Gallery

Speaking at the launch, Nandlal expressed his joy at being in Malaysia for the very first time. "I have never seen a mall like this before, with so many world class brands all in one place! I think this is the perfect place for Ceres to be. I am e...

KL mayor pledges to cycle to work on Earth Hour

Kuala Lumpur Mayor Datuk Seri Ahmad Phesal Talib has pledged to cycle to work if 50 buildings in the city switch off their lights on the night of the "Earth Hour" campaign on March 23.

He said among iconic buildings in the city that had pl...

OCBC Investment Bank maintains BUY call on YTL's Starhill Global REIT with Target Price of S$0.98

OCBC is positive on YTL's Starhill Global’s performance after it announced the completed acquisition of Plaza Arcade in Perth. OCBC expects the transaction to be accretive to Starhill’s distribution per unit. Further upside in rent is possible when the lease renewal exercise comes in June, gi...

Asean growth train picks up steam

KL, Singapore high-speed rail link is an example of a project that will bring Asean citizens closer. For a start, with the growing ease of travel across countries, we have not only increased physical mobility but also increased upward social mobility. Services like the high-speed rail system betw...