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Day: October 16, 2024

Najib Defends Action In Approving RM3.95 Billion KWAP Loan For SRC, Court Heard

KUALA LUMPUR, Datuk Seri Najib Tun Razak told the High Court here today that he had greenlighted an application letter from former SRC International Sdn Bhd chief executive officer Nik Faisal Ariff Kamil for RM3.95 billion loan to ensure the company had sufficient funds to pursue its investments in the energy and natural resources sectors. The approval came in a two-page letter seeking the RM3.95 billion from the Retirement Fund Inc (KWAP) and signed by Nik Faisal with Najib’s handwritten note dated June 5, 2011, stating ‘Bersetuju dengan cadangan ini (Agreed with this proposal)’. ‘I want SRC to have sufficient

Abang Johari Launches Cybersarawak

KUCHING, Sarawak Premier Tan Sri Abang Johari Tun Openg today launched The CyberSarawak initiative during the International Digital Economy Conference Sarawak (IDECS) 2024 here. The Sarawak Multimedia Authority (SMA) in a statement today said the initiative with the tagline ‘Stay Safe’, ‘Stay Smart’ and ‘Stay Secure’ is a comprehensive effort aimed at strengthening Sarawak’s cyber security posture to foster trust and greater participation in the digital economy. It said the ‘Stay Safe’ program focuses on creating a central platform for the public to report cybersecurity incidents while the ‘Stay Smart’ program emphasises raising cyber security awareness, particularly among underserved communities

Bursa Malaysia Ends Lower In Sync With Most Regional Markets

KUALA LUMPUR, Bursa Malaysia closed lower in tandem with the weak performance across the region following a negative cue from global equities overnight with strong selling In technology stocks, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 9.34 points, or 0.56 per cent, to 1,632.63 compared with Tuesday’s close of 1,641.97. The benchmark index, which opened 1.83 points higher at 1,643.80, marking its intraday high, slipped to a low of 1,629.81 later in the day. The broader market was negative, with decliners thumping gainers 701 to 340, while 505 counters remained unchanged, 947 untraded,

Residents Cry Foul Over Silent Flood Warning Siren

JASIN, Residents of Kampung Kilang Berapi Merlimau want the flood warning siren maintained and in working condition after claiming that it did not go off during the inundation on Monday. Mohd Salihin Musa, 35, said he and his wife, Nur Fairus Mohamad Razawi, 37, only realised their home was flooded at about 5 am after the electricity supply was cut off. As a resident of the village for four years, it was the couple’s first encounter with floods, and they only had enough time to take important documents before evacuating. “At that time, I woke up from sleep and saw

Sinkhole In Pantai Jerejak Due To IWK Underground Pipe Leak

GEORGE TOWN, A three-metre deep sinkhole which occurred in Taman Sri Nibong, Pantai Jerejak near here today was caused by an underground pipe leak of Indah Water Konsortium (IWK). Pantai Jerejak assemblyman Fahmi Zainol said the incident had caused the sand to erode before the formation of a sinkhole on Lebuh Bukit Kecil 3. “IWK will carry out maintenance work to fix the sinkhole and the work is estimated to take a week. “Road users are advised to use alternative routes because the road to Taman Sri Nibong via Krystal Point will be closed, including the route from Taman Sri

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