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Civil servant loses RM468,000 to Macau scam

BATU PAHAT: A female civil servant claimed to have lost RM468,000 after falling victim to a Macau scam. Batu Pahat OCPD Asst Comm Ismail Dollah said the woman, aged 38, claimed a “police officer” from the Sabah police contingent contacted her on Aug 4 this year and told her that she was involved in money […]

Day after Thai attack, traumatised relatives cling to slain children’s toys

UTHAI SAWAN, Oct 7 — Crying and clutching toys, traumatised relatives gathered at a child day care centre in Thailand where a day earlier a former policeman had slain 34 people, most of them children, in a knife and gun rampage that horrified the nation. Government buildings flew flags at half mast on Friday to […]

Twitter lawsuit halted so Elon Musk can close deal by Oct. 28

WILMINGTON, Del.: A Delaware judge on Thursday ordered a halt to Twitter Inc’s lawsuit against Elon Musk on the eve of trial, giving the billionaire time to finance his $44 billion takeover of the social media platform. The ruling followed days of uncertainty about Musk’s intentions and removed the threat that the erratic entrepreneur would […]

62% Of Foreign Carriers Have Resumed Operations Since Border Reopening

55 out of 89, or 62% of foreign airlines have resumed operations at all five international airports in Malaysia i.e., KL International Airport (KUL), Langkawi International Airport (LGK), Penang International Airport (PEN), Kota Kinabalu International Airport (BKI) and Kuching International Airport (KCH). Among the airlines that introduced new international destinations in August included Batik Air […]

Aviation services market to recover to pre-pandemic levels in 2023: Airbus

KUALA LUMPUR: Airbus expects the services market to recover to pre-pandemic levels next year and to double in value over the next 20 years.  According to its latest Global Services Forecast, Airbus said the value of the commercial aircraft services market was going to increase from US$95 billion to over US$230 billion in 20141.  This […]

Caely ex-chairman: “Allegations against me untrue, baseless, highly defamatory”

FORMER Caely Holdings Bhd chairman Datuk Wira Louis Ng Chun Hau has called the company’s allegations against him “untrue, baseless, unfounded, false, and highly defamatory” and said he will be taking legal action against the perpetrators for “tarnishing [his] reputation”.  Ng was responding to news reports that the Perak-based lingerie and apparel manufacturer had lodged […]

Malaysian banks to ride from OPR hike

In its latest monetary policy statement, Bank Negara Malaysia (BNM) has raised the Overnight Policy Rate (OPR) by 25 basis points (bps) from 2.25% to 2.50%, largely in line with market consensus and our expectations. We anticipate BNM will introduce one more rate hike in its next Monetary Policy Committee (MPC) meeting in November 2022 […]

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