Mofaz acquires majority shares in YCM Construction Kumpulan MOFAZ Sdn Bhd and YCM Construction Sdn Bhd yesterday agreed to the former’s intention to purchase and acquire shares 70% of YCM’s shares in a deal that would boost the construction business for both entities. “The signing of the agreement went beyond the normal expectation of business
This very French outfit could teach a thing or two to Islamic bankers IN the world of business, when it comes to money there are very few friends around, and this is the very painful fact that one faces when on the hunt for the elusive cash. With the current state of global affairs, banks and financial institutions are increasingly moving away from
Berenger The battle is on: split or remove Berenger with high-profile names threatening to quit party A group of high-profile MMM members are pondering on their future in the party after realising the MMM has weakened further due to rumours of its leadership in talks with the rotten MSM party. The secret meetings between Paul Berenger (PRB) and Sir Aneerood Jugnauth (SAJ) – revealed by WFTV on
Silicon-rich water may help lower aluminium levels in MS patients Spritzer bottled water, which is silicon-rich mineral water, could facilitate the removal of aluminium from the body via urination. “Drinking silicon-rich mineral water can help remove excess aluminium from multiple sclerosis patients, according to a study backed by a Malaysian company,” says the study. The paper focused on patients with
Moment of truth: Seabed Constructor search mission nearing supposed MH370 location Photo Credit: https://blogs.csiro.au/ecos/mh370/L A real flapper from a Boeing 777 was used in a test to prove that it could have floated to Reunion Island from the seas near the coastal areas of Australia The Ocean Infinity search vessel the Seabed Constructor – Swire Seabed
UK tourist numbers on the rise in Mauritius The Mauritius Tourism Promotion Authority (MTPA) reported that the UK has become the second biggest source market in Mauritius after 2017 visitor numbers increased by six per cent MTPA said the jump in arrivals from the UK outpaced the overall five per cent global increase in visitors from 2016 to
The Indian push: Pravind to invite Modi for 50th independence day Prime Minister Pravind Jugnauth intends to invite Indian PM Narendra Modi as chief guest for the 50th Independence Day of our country. The decision was announced by vice president Paramasivum Pillay in India on Friday. This will be Modi’s second visit to Mauritius if he accepts the invitation. Our
Berenger SAJ-Berenger: Secret meeting to seal deal? The MMM leader Paul Raymond Berenger is said to be on the way to hold another private and confidential meeting with Sir Aneerood Jugnauth (SAJ). The meeting will center on the results of last November’s secret talks the two leaders had in private but accompanied by their closest advisors.
Khazanah Deputy MD is new Axiata board member Axiata Group Berhad (Axiata) said it appointed the Deputy Managing Director of Khazanah National Berhad (Khazanah), Tengku Datuk Seri Azmil Zahruddin Raja Abdul Aziz, 47, as the newest addition to its Board. He replaces Kenneth Shen, who has served on the Board of Axiata as Khazanah nominee since 2011. With
The Americans know where MH370 is says father and husband of French victims In an interview in French on the BFMTV based in France, Ghislain Wattrelos who lost his wife and children when the MH370 went missing on a fatal day in May 2014 said he firmly believe the Americans know where the plane is but they have their reasons to remain silent.
Amirah Che Azizuddin Amirah, the lady boss of Arca Corporation My mentor in real life is also my mentor at work, says Leeds born Amirah and boss of Arca. Spending about eight years and most of her teen time in Melbourne for her tertiary education, Amirah the eldest child of Che Azizuddin is now the chief executive officer of Arca
Mahathir barred from visiting Anwar while PKR women chief want Tun M as senior minister Former Prime Minister Mahathir Mohamad said he was barred from visiting jailed opposition leader Anwar Ibrahim in hospital on Wednesday (Jan 10) afternoon, with hospital officials telling the Pakatan Harapan (PH) chairman that they had received instructions not to allow him in. Mahathir said the actions were that of the
UMW Aerospace to break-even in 2019 An analyst report indicates that UMW Aerospace Sdn Bhd is expected to break-even the financial year 2019. UMW Aerospace delivered its first unit of fan case in Nov 2017 and has completed 6 units of fan case in last year. The Group, recognised by Rolls-Royce as its Tier 1 supplier
The Diplomat: Malaysia’s Long History of Election Rigging In an article on Malaysia’s upcoming elections, The Diplomat said: “Opposition candidate Mahathir Mohammed is just as guilty as current Prime Minister Najib Razak.” It said in many countries in Southeast Asia, having elections is a meaningless exercise; in the end, the same party always ends up ruling the
Amid praise for Mauritian Indians, India seeks global power status India on Tuesday reached out to lawmakers of Indian origin spread across the world seeking support for its emerging status as a global power, The Hindu said. Speaking at the “First PIO Parliamentarian Conference”, External Affairs Minister Sushma Swaraj urged the legislators and political figures to consider what kind of
Mauritius tourist arrivals jump 5%: Halal tourism seen viable Statistics Mauritius said the number of tourists arrivals increased by 5 percent last year, driven by more European arrivals. The stats shows that arrivals rose to 1.34 million last year from 1.28 million in 2016. Numbers from Europe, which accounts for two third of visitors, climbed 6 percent
Western Digital Unveils New Solutions to Help People Capture, Preserve, Access and Share Their Ever-Growing Collections of Photos and Videos At CES 2018, Western Digital Showcases Voice-Activated Media Streaming via Smart Home Devices, the World’s Smallest 1TB USB Flash Drive and a New Series of High-Performance Portable SSDs At yesterday’s Consumer Electronics Show 2018 (CES 2018) in Las Vegas, Western Digital (NASDAQ: WDC) unveiled new and breakthrough consumer
Malaysia to pay between US$20k to US$70k to Ocean Infinity for MH370 wreckage find: CNA The Malaysian government will ink a deal on Wednesday (Jan 10) to pay up to US$50 million to Ocean Infinity which is on a hunt for the wreckage of the missing MH370, said Channel News Asia today. It said the payment will only be made if the missing flight
Bombardier greased some hands to win Kelanajaya LRT contract? Canadian transport giant Bombardier has won hundreds of millions in international contracts to supply transit systems across the world. But a year-long Globe and Mail investigation spanning four continents reveals a pattern of middlemen, ‘success fee’ payments — and allegations of corruption. In a report on The Independent Singapore or TISG
PDZ expands into Indonesian Shipping Industry PDZ Holdings Berhad (PDZ -stock code 6254), an established container liner, has inked a Memorandum of Understanding (MoU) with PT Indonesia Bulk Carier (IBC Group), to provide maritime logistic solutions in Indonesia. This is part of its plans to expand regionally and to provide maritime logistic solutions comprising of container
Tamils protest LTTE court case in Switzerland Hundreds of demonstrators gathered a hundred meters from the Federal Criminal Court to protest against the holding of a court case involving the alleged money transfer to the Tamil Tigers from Switzerland. The protesters arrived by bus or cars, they waved the red flags of the Tamil Tigers and placards
Bursa on a bull run: index to breach 1,900 level but ringgit back to 4.00 to US$ The monthly charts tracking the FTSE KLCI index have not seen any signs of a bear market and this may be an indication that the local bourse may be on a bull run. But today, the ringgit fell sharply against the US dollar to reach the RM4.00 against one
Yong Tai secures RM100m 'ENCORE MELAKA' impression series Tourism and cultural related property developer Yong Tai Berhad (Yong Tai -Bloomberg: YTB:MK, Reuters: YONG.KL) yesterday signed offtake agreements with six travel agents for a total of one million tickets for Impression Series – Encore Melaka which is targeted for premiere by second quarter this year. Datuk Wira Boo
Malakoff forays in renewable energy projects in Pahang Independent water and power producer (IWPP) Malakoff Corp Bhd plans to develop several renewable energy projects worth of RM1.3 billion, particularly in large-scale solar photovoltaic and mini-hydro power projects, in Pahang. The projects will be in collaboration with Touch Meccanica Sdn Bhd, a wholly owned subsidiary of Touch Group
Digi’s iFleet to provide time critical tracking for Medilife Ambulance Services and eCall systems Digi’s iFleet has entered into a partnership with Medilife Ambulance Services today to provide time-critical tracking and greater visibility of its operations based in Sepang, Malaysia. iFleet is a B2B solution targeted at commercial vehicles, the first IoT solution Digi is introducing from its range of Connected Vehicle offerings.
