US House unanimously condemns Chinese balloon
US lawmakers yesterday unanimously denounced China’s use of a suspected spy balloon that flew over North America last week. The vote allowed lawmakers to agree on a bipartisan stance on Beijing, after several balloon-related political skirmishes.
New model for sustained economic growth needed, says think tank
AN economic think tank, forecasting a post-Covid inflation-led contraction of the economy, said the government should use the downturn to build a different model for sustainable growth. The Center for Market Education (CME), a boutique think tank based in Kuala Lumpur and Jakarta, said in a statement today that the model should focus on savings […]
Govt to seek best method to regulate airline ticket sales, says Tiong
THE government will look for the best method to regulate the sale of airline tickets to ensure all parties, especially airlines and travel agencies, can benefit, says Tourism, Arts and Culture Minister Tiong King Sing. He said the ministry would find the best solution to ensure the sale of flight tickets did not favour any […]
Arms maker Saab sees orders boosted over Ukraine
SWEDISH defence group Saab today reported a more than doubling of orders in the fourth quarter as countries boost military spending following Russia’s invasion of Ukraine. Order intake for the Swedish company totalled 63.1 billion Swedish kronor (US$6.1 billion) in 2022, a 45% from the previous year.
Give ex-convicts a chance, Prisons Dept urges employers
KOTA KINABALU: The community should take a leap of faith and give opportunities to ex-convicts or those under parole to work and live amongst them, says the Prisons Department. Read full story
Govt to wait for Health Ministry’s input before deciding on cannabis medical use, says Anwar
BANGKOK: The government has not decided whether to legalise the use of cannabis for medical purposes in the country, says Prime Minister Datuk Seri Anwar Ibrahim. Read full story
Batu Gajah landslide risk: Earth movements heard, say residents before evacuation
KAMPAR: Several residents of Taman Chenderong Jaya, Batu Gajah who were forced to leave their homes due to a landslide risk said they heard sounds of earth movement from a nearby hill before being instructed to evacuate. Read full story
Appeals Court defers verdict in NFCorp's appeal suit against bank
PUTRAJAYA: The Court of Appeal has deferred its verdict to another date in the appeal by National Feedlot Corporation Sdn Bhd (NFCorp) and four others relating to a civil suit they had filed against Public Bank Berhad for breach of contract to protect their bank account confidentiality. Read full story
Look for other alternatives to help people, not EPF, say employers group
PUTRAJAYA should come up with an alternative or rather a government financial support scheme instead of asking EPF contributors to use their savings which is meant for old age, the Malaysian Employers Federation (Mef) said. Its president Dr. Syed Hussain Syed Husman said Putrajaya needs to utilise all its financial resources to come up with […]
UK avoids recession but ‘not out of woods’ over inflation
BRITAIN’S economy avoided recession after flatlining in the last three months of 2022, but finance minister Jeremy Hunt warned today it was “not out of the woods yet” over surging inflation. Gross domestic product registered zero growth in the fourth quarter, in line with expectations after shrinking 0.3% in the previous three months, the Office […]