Archive for November 2nd, 2019

Nokia eyes Malaysian ports for 5G business as Huawei takes early lead

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

Nokia is targeting Malaysian ports in a bid to get a share of the country’s fifth-generation (5G) technology market, as the Southeast Asian country prepares to launch [...] » More

Fugitive Malaysian 1MDB financier offered asylum: spokesperson

Fugitive Malaysian 1MDB financier offered asylum: spokesperson

02-Nov-2019 Intellasia | AFP | 6:02 AM

A Malaysian financier wanted for his role in the multi billion-dollar 1MDB financial scandal has been offered asylum abroad, his spokesman said Friday, as reports surfaced he [...] » More

Penang to set up RM20m Urban Transformation Centre in Komtar

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

Penang will set up an Urban Transformation Centre (UTC) in Komtar at a cost of RM20 million, Penang Chief minister Chow Kon Yeow announced in his Penang Budget 2020 speech [...] » More

Dr M: JB-Singapore RTS to resume without delay with 36pct cost cut

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

The Rapid Transit System (RTS) Link, connecting Johor Baru and Singapore, will proceed without further delay, said prime minister Tun Dr Mahathir Mohamad today. “The [...] » More

Penang plans a RM10m resort and spa in Batu Ferringhi

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

The Penang state government is working with a private company to develop a RM10 million coastal resort and spa in Batu Ferringhi, Chief minister Chow Kon Yeow said. He said [...] » More

Linked to LTTE and communism, DAP reps ask why no heavy-handed action during BN’s rule?

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

DAP lawmakers are deeply unhappy and have questioned the sudden use of oppressive laws against its leaders for alleged links to a Tamil terrorist group and communism, party [...] » More

Penang tables 2020 budget with RM273.5m deficit

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

Penang Chief minister Chow Kon Yeow tabled a RM792.66 million budget for 2020 with a projected deficit of RM273.5 million, making it the ninth consecutive year of [...] » More

Selangor govt shrinks Budget for 2020

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

The Selangor government is reducing its Budget for next year to RM2.33 billion from the RM2.56 billion allocated for this year in tandem with the smaller federal Budget, amid [...] » More

Media Prima’s shares close at five-month low after lay-off rumours

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

Media conglomerate Media Prima Bhd’s shares fell to 35 sen per unit at market closing today, amid rumours of a new round of downsizing earlier today. The share price is [...] » More

Group lauds Putrajaya for ending drug-supply monopoly

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

The Galen Centre for Health and Social Policy supported the health ministry’s move to discontinue the decade-long concession to distribute pharmaceutical products to [...] » More

Minister says Putrajaya committed to fighting corruption

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

The Pakatan Harapan (PH) government is determined to free Malaysia of corruption through better policies, said Datuk Liew Vui Keong. The minister in the prime [...] » More

In record deal, US to recover $1 billion from Malaysian fugitive Jho Low

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

The US Justice Department has struck a deal to recoup $1 billion (GBP 773.10 million) in funds allegedly looted from a Malaysian state investment fund by fugitive financier [...] » More

Kit Siang: Jho Low’s settlement with DoJ a shameful ‘first’ for Malaysia

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

Fugitive businessperson Low Taek Jho’s settlement deal with the United States Department of Justice (DoJ) over misappropriated 1MDB funds was a shameful first for [...] » More

Deputy IGP: No room in police force for those without integrity

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

The Royal Malaysia Police (PDRM) will not tolerate officers lacking integrity and trustworthiness, deputy Inspector-General of Police Datuk Mazlan Mansor said in a severe [...] » More

Group lauds Putrajaya for ending drug-supply monopoly

02-Nov-2019 Intellasia | Malay Mail | 6:02 AM

The Galen Centre for Health and Social Policy supported the health ministry’s move to discontinue the decade-long concession to distribute pharmaceutical products to [...] » More