Category: General

Datuk Seri Najib Tun Razak told the High Court here today that SRC International Sdn Bhd’s former chief executive officer Nik Faisal Ariff Kamil was not his link to the company, contrary to claims made by its former directors Tan Sri Ismee Ismail and Datuk Suboh Md Yassin. Najib, 71, said there was no reason for him to direct the SRC board of directors (BOD) through Nik Faisal, as SRC was merely one of many companies under the Minister of Finance Incorporated (MOF Inc) managing national interest-related projects at that time. “I was not in any position to micro-manage any

KOTA BHARU, Four individuals allegedly linked to GISB Holdings Sdn Bhd (GISBH) have been remanded for three days beginning today to help in police investigations. The remand order for the four males, aged 15 to 45, was issued by Magistrate Ahmad Syafiq Aizat Nazri at the Kota Bharu Court Complex here today. The investigation is being conducted under Section 8(2) of the Printing Presses and Publications Act 1984. On Sept 11, police rescued 402 children and teenagers from 20 charitable homes allegedly linked to GISBH in Selangor and Negeri Sembilan, who were suspected of being victims of labour and sexual

KUALA LUMPUR, Prime Minister Datuk Seri Anwar Ibrahim said today the upcoming Budget 2025 is aimed at raising the people’s living standards and advancing the country’s development. In his latest posting on social media, Anwar said he took the time to visit the staff at the Ministry of Finance, who were busy preparing the third MADANI budget. ‘God willing, with the presentation of Budget 2025 on Oct 18, Malaysia will advance one more step towards the vision of a bold and fair MADANI Economy framework,’ he said. The Prime Minister also thanked the civil servants for their hard work in

KUALA LUMPUR, RHB Investment Bank Bhd (RHB IB) has estimated that the dividend payout from Petroliam Nasional Bhd (Petronas) will be lower than RM32 billion in 2025, attributed to a weaker performance in 2024 amid declining oil prices. The investment bank said that gaining insight into Petronas’ dividend expectations for 2025 is crucial, particularly as discussions continue between Petroleum Sarawak (Petros) and Petronas. RHB IB also indicated that the government is likely to prioritise green energy initiatives to support the National Energy Transition Roadmap. ‘In line with this, we would not be surprised to see an allocation for renewable energy

H.E. Vong Sauth (C, Pic. 1), Second Vice President of the National Assembly of the Kingdom of Cambodia, receives a courtesy call at the NA Palace here this morning by 16 Cambodian youth delegates who have been selected to attend the Ship for South East Asian and Japanese Youth Programme (SSEAJYP) in Tokyo, Japan from Nov. 4 to Dec. 11, 2024. Source: Agence Kampuchea Presse