12 highway concessionaires to implement open toll payment

A TOTAL of 12 highway concessionaires have agreed to implement an open toll payment system that will begin in September, Works Minister Alexander Nanta Linggi said. He said it would involve the Duta-Ulu Kelang Expressway (DUKE), Damansara-Puchong Expressway (LDP), Western Kuala Lumpur Traffic Dispersion Scheme Expressway (SPRINT), Shah Alam Expressway (Kesas), SMART tunnel, and Maju […]

Bullies in armed forces will be sacked, says minister

STERN action, including termination of service, will be taken against military personnel if they are found to have been involved in the bullying of Royal Malaysian Air Force (RMAF) trainees at the Kuantan Air Base in Pahang recently, Defence Minister Mohamad Hasan said. “If military personnel are involved, we will not hesitate to take stern […]

TM terminates share subscription agreement for 20% stake in DNB

TELEKOM Malaysia Bhd (TM) has issued a termination notice to Digital Nasional Bhd (DNB), effective immediately, pursuant to the terms of the share subscription agreement (SSA) to subscribe to a 20% equity stake in DNB. This comes after the longstop date to fulfil all conditions precedents under the SSA lapsed, it said in a filing […]

Australia told to shoot kangaroos before they starve

AUSTRALIA’s kangaroos could die in “catastrophic” numbers if a population boom is left unchecked, ecologists have warned, while backing the industrial-scale culling of the marsupials. To outsiders, the kangaroo is an instantly recognisable symbol of the Australian wilderness, but within the country the native animal poses a major environmental headache.

Ringgit ends lower v dollar for 3rd consecutive day

THE ringgit ended lower today for the third consecutive day against the greenback amid cautious trading ahead of US inflation data later tonight, an analyst said. At 6pm, the local note slid to 4.4565/4605 versus the US dollar from yesterday’s closing rate of 4.4460/4500.