GEORGE TOWN: Taiwan-based copper-clad laminate manufacturer Elite Material Co Ltd (EMC) is investing RM900 million to set up Penang Science Park North facility. The facility is expected to generate monthly revenue of RM150 million at a maximum production of 750,000 copper-clad laminate sheets. Dong said EMC is the only copper-clad laminate maker using its own technology, aside from those in South Korea and Japan. But we are even more excited to embark on this new chapter in Southeast Asia with the establishment of our state-of-the-art manufacturing facility in Penang. We are confident that our presence in Malaysia will bolster the semiconductor industry and the local printed circuit board industry since we are also an (integrated circuit) substrate material manufacturer," he said.

June 20, 2024 09:59 UTC

PETALING JAYA: Eco World International Bhd (EWI) achieved RM433mil sales exchanges plus reserves of RM85mil, adding up to a total of RM518mil in the seven-month period of its financial year ending Oct 31, 2024 (FY24). In a statement, the property developer said it recorded a pre-tax loss of RM13.9mil in the second quarter of its current financial year (2Q24) compared with a pre-tax loss of RM2.1mil in 2Q23. It said this was mainly due to lower gross profit as stocks in its Australian projects are largely fully sold and impairment loss on amount owing by EcoWorld London. Including net cash balances at joint ventures, EWI said the group has a total cash balance of RM349mil as at April 30, 2024. “Premised on the healthy cash position, the board has declared a first interim dividend of six sen per share for FY24, which translates to RM144mil,” it said.

June 20, 2024 09:28 UTC

International hacker group and activist, Anonymous, has warned Kenyan Members of Parliament over the passing of the Finance Bill, 2024. Anonymous said that efforts by Kenyans to hold peaceful demonstrations against the Bill have been met with harassment and arrests from the police. The group warned that with the phone numbers of some of the MPs public, their secrets may soon be made public. They said that just like many Kenyans, they do not want the Finance Bill to be amended. We do not want you to amend the Finance Bill; we want you to reject it.

June 20, 2024 09:27 UTC

PETALING JAYA: Kenanga Research anticipates the renewable energy (RE) sector to see billions of ringgit of investments in the next two years, mainly in solar-based generation assets. In the near term, Kenanga Research expects PV system EPCC jobs will come from the CGPP with a completion deadline by end-2025. Kenanga Research forecasts at least RM5bil worth of PV system EPCC jobs from the LSS5 programme. It also highlighted opportunities from the NEM initiative, where an additional quota of 500MW (residential: 200MW, commercial: 300MW) are on offer and encourage investments in solar-based assets. The residential sector, which is significantly untapped, could get a boost from the Solar For Rakyat Incentive Scheme using 100MW worth of NEM quota for the residential segment.

June 20, 2024 09:15 UTC

KUALA LUMPUR: Malaysia and China have developed a robust relationship that continues to flourish in commerce, investment, cultural exchanges, and people-to-people ties. Dr Wee highlighted that the enduring friendship, cooperation, and mutual respect between Malaysia and China have lasted for five decades. Apart from the Chinese delegation, the luncheon was attended by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, Transport Minister Anthony Loke, and Agriculture and Food Security Minister Datuk Seri Mohamad Sabu. Other attendees included Foreign Minister Datuk Seri Mohamad Hasan, Home Minister Datuk Seri Saifuddin Nasution Ismail, Science, Technology and Innovation Minister Chang Lih Kang, Higher Education Minister Datuk Seri Dr Zambry Abd Kadir, and Tourism, Arts, and Culture Minister Datuk Seri Tiong King Sing. Malaysia's diplomatic relations with China have only strengthened since the bilateral relationship was upgraded to a Comprehensive Strategic Partnership in 2013.

June 20, 2024 09:04 UTC





"Today, I stand before you as your humble servant to say we have heard you," he said. "In this moment we must choose to move forward, to close the distances between South Africans and to build a more equal society." Just before the election, Ramaphosa signed into law a National Health Insurance bill that the DA says could collapse a creaking health system. Ramaphosa has yet to announce the make-up of his new government, to be negotiated with members of the new alliance. Military helicopters flew past in blazing sunshine, trailing South African flags, to cheers from the audience.

June 20, 2024 08:59 UTC

NIBONG TEBAL: Several roads will be closed in conjunction with the nomination of candidates for the Sungai Bakap by-election at the Jawi Multipurpose Hall here this Saturday (June 22). Seberang Perai Selatan (SPS) police chief Supt Chong Boo Khim said the affected roads will be temporarily closed from 11.59pm on Friday (June 21) until 3pm on Saturday. "To facilitate the nomination process, several roads, namely Jalan Serindit, the slip road to the SPS district police headquarters and the slip road to the SPS Public Works Department in the Jawi Multipurpose Hall area will be closed. He also advised the public going to the nomination location not to park their vehicles in prohibited areas such as residential areas, as it can obstruct traffic and cause congestion. The Election Commission has set July 6 as the polling day for the Sungai Bakap state by-election, June 22 as the nomination day and July 2 for early voting.

June 20, 2024 08:28 UTC

Ruto holds talks with Haiti transitional council ahead of police deploymentPresident William Ruto on Wednesday night held talks with the Haiti Transitional Presidential Council chaired by Engineer Edgard Leblanc Fils just a day after a team of Haitian police commanders concluded their trip to Nairobi. The president said Kenya is a firm believer in the shared global values of multilateralism as enshrined in the United Nations Charter. The Multinational Security Support Mission in Haiti was authorised by the United Nations Security Council on October 2, 2023, under Resolution 2699. Apart from Kenya, at least five other nations, including Jamaica and Benin, have told the United Nations they plan to send police officers as part of the mission. Kenya remains tight-lipped about the details of the deployment, although sources confirm that the deployment date is fast approaching.

June 20, 2024 08:22 UTC

The Pakistan cricket team had a disappointing performance at the T20 World Cup 2024. Wicketkeeper Mohammad Rizwan, who recently recorded the slowest half-century in T20 World Cup history, has also faced criticism for his poor strike rate. Mohammad Rizwan’s performance in the tournament continues to be a hot topic of discussion, and now a spoof video featuring Mohammad Rizwan has the internet in stitches. Social media users are resonating with the portrayal, acknowledging Rizwan’s recent struggles to deliver powerful innings. In what appears to be a humorous dig at Mohammad Rizwan’s slow half-century, the video showcases a man impersonating the Pakistani cricketer during a game.

June 20, 2024 07:41 UTC

Something went wrong, please try again later. Invalid email Something went wrong, please try again later. Get the biggest stories and wackiest takes from the Daily Star, including our special WTF Wednesday emailSomething went wrong, please try again later. A poll, of 800 adults who use dating apps, found 55% are seeking a partner who isn’t stereotypically “perfect”. McNally, who starred alongside Steve Pemberton and Nick Mohammed in the latest series of Taskmaster, said dating as a female comic was a struggle.

June 20, 2024 07:13 UTC

On Thursday, June 20, the local dailies covered a wide fray of subjects, the public scrutiny of the Finance Bill 2024 still dominating the pages. Daily NationThe daily reported on a tragedy that befell a Kiambu family whose kin died in the United Arab Emirates (UAE) just days after flying there to take up a supermarket job. Peter Kimanga died on May 15 under mysterious circumstances. He had accompanied his brother Kelvin Mwangi to Dubai, where they were to take up supermarket jobs with a monthly salary of KSh 150,000. While the postmortem findings showed Kimanga died of heart-related complications, his family disputed them, saying he never had a pre-existing condition.

June 20, 2024 05:41 UTC

'Everything comes out teenage petulance,' sings Taylor as she bitterly surveys the fallout from an old relationship. 'So long, London, you'll find someone,' sings Taylor. 12. loml'You said I'm the love of your life,' sings Taylor on this warm, resonant piano ballad. She appears to be between relationships, musing: 'I’m lonely, but I’m good /I’m bitter, but I swear I’m fine.' Taylor sings in one line: 'There's a bronze spray-tanned statue of you and a plaque underneath it/That threatens to push me down the stairs, at our school.'

June 20, 2024 05:38 UTC

Kenya is a firm believer in the shared global values of multi-lateralism as enshrined in the United Nations Charter, President William Ruto has said. Speaking while he held talks with the Haiti Transitional Presidential Council chaired by Engineer Edgard Leblanc Fils, President Ruto said Kenya will safeguard shared principles of humanity that enable us to advance peace, security and stability. Similarly, the President noted that Kenya shall establish communication channels as part of the ongoing engagement in restoring peace to Haiti. Security CouncilThe Multinational Security Support Mission in Haiti was authorised by the United Nations Security Council on October 2, 2023, under Resolution 2699. In response to the Security Council resolution, Kenya’s National Security Council and Cabinet approved the deployment of police officers on October 13, 2023, a decision that Parliament unanimously endorsed on November 16, 2023.

June 20, 2024 05:19 UTC

A Tiktoker identified as Nyarangi has shared a video shedding tears, sharing how her relationship ended. A lady broke down narrating how her man let her for another woman. In the video that has gone viral, the beautiful Kenyan woman cried as she wondered why her lover of five years dumped her. She said the man had moved on with another woman and even married her within three months of meeting. Woman discovers hubby is cheatingElsewhere, a woman named Laura Phillips discovered her boyfriend, Moche Lekhubo, had been cheating on her.

June 20, 2024 04:03 UTC

A maisonette nearing completion and an apartment under construction in Syokimau are among properties owned by a Presidential Escort Unit officer arrested on claims of poaching. Informed sources say the officer has made a mark for himself among his colleagues at the Presidential Escort Unit headquarters at High Ridge in Nairobi. The KWS officers alongside officers from Kitengela Police station stormed the petrol station in Kitengela and arrested the occupants of the car. Upon identification, it emerged three were police officers including the one attached to the Presidential Escort Unit as a driver. Last week, eight police officers were arrested after they were linked to various offences ranging from robbery with violence to extortion.

June 20, 2024 03:33 UTC