N.Korea stole US$300m in crypto to fund nukes – UN experts
SEOUL — North Korea has stolen more than US$300 million (RM1.21 billion) worth of cryptocurrencies through cyberattacks in recent months to support its banned nuclear and ballistic missile programmes, a confidential UN report said. Compiled by a panel of experts monitoring sanctions on Pyongyang, the report said the country’s “total theft of virtual assets from […]
Pilots reported multiple problems with Sriwijaya jet before crash
JAKARTA – Indonesian pilots had reported multiple problems with an ageing jet’s throttle system before it plunged into the sea after takeoff in January, killing 62 passengers and crew, investigators said Wednesday. The malfunction in the Sriwijaya Air Boeing 737-500’s engine control system was highlighted in a preliminary report on the January 9 crash, but […]
A fallacy to think economy can only be revived by blanket loan moratorium, says BNM governor
KUALA LUMPUR (Feb 11): Blanket loan moratorium is not the remedy to the current economic problems. It is a fallacy to think the economy can only be helped by the implementation of an automatic loan moratorium alone, according to Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus. Speaking at a press conference on […]
Malaysia’s economy recorded the biggest decline since 1998
MALAYSIAN economy contracted by 3.4% in the fourth quarter of 2020 (4Q20) bringing the full-year GDP performance in 2020 to a contraction of 5.6%, the biggest decline since 7.4% in 1998. In the third quarter of 2020, Malaysia recorded a decline of 2.7%. The sluggish 4Q20 performance was due to the Conditional Movement Control Order […]
Petronas confirms gas discovery off Sarawak’s coast
KUALA LUMPUR — Petroliam Nasional Bhd (Petronas) has confirmed new gas discovery off the coast of Sarawak. The national oil and gas company announced in a statement today on the new find at the Lang Lebah-2 exploration appraisal well in the Block SK410B production sharing contract (PSC) located in the Central Luconia Province, about 80 […]
Thai protesters take to streets in protest at royal insults law
BANGKOK – Hundreds of Thai protesters gathered in Bangkok on Wednesday to demand the release of four activists remanded in custody pending trial on charges of insulting Thailand’s king, a crime punishable by 15 years in prison. Many protesters banged pots and pans, borrowing from nightly displays of discontent in neighbouring Myanmar at last week’s […]
Biden announces sanctions as Myanmar military tightens grip
WASHINGTON – US President Joe Biden (pix) announced sanctions yesterday against Myanmar’s military leaders and demanded they relinquish power, after tens of thousands of people took to the streets of the Southeast Asian nation’s biggest city for a fifth consecutive day demanding a return to democracy. The popular show of force in Yangon, which came in defiance of […]
Putrajaya: Covid-19 vaccines also for foreigners, including undocumented migrants
KUALA LUMPUR, Feb 11 — Putrajaya today announced that all foreign nationals living in Malaysia will be able to get vaccinated against Covid-19 for free, including undocumented migrants. In a statement, the Covid-19 Vaccine Supply Access Guarantee Committee said that the decision to include foreign nationals in the National Covid-19 Immunisation Programme — which will […]
People flock to malls for last-minute CNY shopping
SUBANG JAYA: The reopening of the retail sector yesterday saw people flocking to shopping malls in the Klang Valley for last-minute Chinese New Year shopping. Checks at the Sunway Pyramid mall here saw many shoppers at clothing and fashion retail shops strictly adhering to the standard operating procedures (SOP). Disposable gloves were provided at the […]
