Jordan facility to bolster YTL Power’s prospects
HLIB Research expects YTL Power to benefit from the recent full commissioning of the Attarat Power facility in Jordan through maintenance income, shareholder interest income and share associate earnings. RHB Research, meanwhile, stated YTL Power’s full-year contributions from its 45%-owned shale oil plant in Jordan will lead its joint venture and associate profit to be stronger for the consequent year. YTL Power is also exploring more land for the development of large-scale solar as well as waste-to-energy facilities. HLIB Research said YTL Power’s telecommunications services, Yes, will continue to improve with 5G offerings and from ongoing project contributions. YTL Power declared a second interim dividend of 3.5 sen per share, bringing the total dividend for FY23 to six sen per share.
Source:The Star
August 28, 2023 12:10 UTC
‘People and I are tired of politics’
“The people are tired, I am tired of hearing of it. Watch your manners, more so when you are visiting someone else’s state or home,” said Sultan Sharafuddin. We have to move forward and bring change to the way we think and practise politics,” the Ruler added. Since the polls was over, Sultan Sharafuddin called on everyone to re-establish ties regardless of religion, race or political affiliation. “Use social media platforms for positive things that can contribute to unity instead of spreading slander and hate which can create division,” said Sultan Sharafuddin.
Source:The Star
August 22, 2023 14:24 UTC
IJM Corp buoyed by strong showing across divisions
PETALING JAYA: IJM Corp Bhd expects a positive outlook ahead for its core business segments, especially in light of encouraging order-book replenishment prospects for its construction and industry divisions. Separately, Tan said the group’s property division achieved its highest-ever sales of RM2.7bil in FY23, surpassing the previous record of RM2.5bil set in FY22. “Supported by a strong balance order book of approximately one million tonnes, the division is well-positioned to sustain its strong performance in the near term.”Tan said the group’s Kuantan Port recorded 22.7 million tonnes of cargo throughput in FY23, compared with FY22. “Notably, there was a resurgence in cargo handled during the final quarter of the financial year, largely driven by the reopening of economic activities in China. “The group also expects the financial performance of its toll operations to markedly improve in the coming year following the non-recurrence of sizeable one-off items that affected its performance in FY23.
Source:The Star
August 21, 2023 15:26 UTC
QuickCheck: Is it true that tapioca is poisonous?
Fried ubi kayu, masak lemak pucuk ubi and kuih bingka ubi kayu are but a few dishes that we as a nation, love to 'chow' down on. Many also claim that growing tapioca helped stave off famine during World War 2 as well as during the Emergency. Is it true that tapioca, aka ubi kayu, is actually poisonous? Verdict:TRUEYes, raw ubi kayu is a poisonous plant and depending on which type you are talking about, the scale goes from rather poisonous to extremely "call your undertaker" poisonous. Broadly speaking, there are two types of tapioca, sweet and bitter, with the bitter one being roughly eight times more toxic.
Source:The Star
August 17, 2023 21:29 UTC
Supplementary electoral roll for May open for review
KUALA LUMPUR: The Supplementary Electoral Roll for May 2023 is now open for review for 30 days until Sept 14. Election Commission (EC) secretary Datuk Ikmalrudin Ishak said it also contained 41,289 names of Malaysian citizens, aged 18 between May 1 and May 3, 2023, who are automatically registered as new voters. “The electoral roll also contains the names of 12,183 registered voters who changed their electoral constituencies and 3,005 voters who changed their status or voter category,” he said in a statement. The EC is providing five review methods, namely through the EC portal at https://www.spr.gov.my or https://mysprsemak.spr.gov.my; the official portal of the state Election Offices at the link http://ppn.spr.gov.my; and online application at the link https://myspr.spr.gov.my. Checks can also be done through the MySPR Semak mobile app or the EC hotline at 03-8892 7218.
Source:The Star
August 17, 2023 08:22 UTC
Man found dead in taxi in Terengganu
KUALA NERUS: A man was found dead in a taxi near the Seberang Takir Health Clinic here, on Thursday (Aug 10) night. Kuala Terengganu district police chief ACP Abdul Rahim Md Din said the police were alerted at 10.56pm, adding that the 51-year-old man, a local, is also believed to be the taxi owner. He said the victim was found unconscious in the back seat with several bodily injuries. He added that the police have arrested a 29-year-old man to assist in the investigation. "The victim’s body has been sent to the Forensic Unit of the Sultanah Nur Zahirah Hospital (HSNZ) for further action,” he said adding that the case was being investigated under Section 302 of the Penal Code.
Source:The Star
August 11, 2023 07:30 UTC
Malaysia has drawn RM76bil in data centre investments in just over two years, says Tengku Zafrul
ISKANDAR PUTERI: Malaysia has received RM76bil worth of investments involving data centres from 2021 until March this year. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said this considerable growth was supported by several factors and was in line with the government's desire to make the country a regional data centre hub. "Now there are many data centres operating here but when we look at the growth, it is really big. Tengku Zafrul added that factors driving the growth of data centres here included government policies and incentives on renewable energy, land and the exisiting digital economy ecosystem. He said this was proven by the commitment of industry players through the electricity supply agreement between Tenaga Nasional Berhad and four data centre players involving supply with a total capacity of 1,500 megawatts.
Source:The Star
August 10, 2023 13:21 UTC
Billion-dollar baby
Wong Chun Wai began his career as a journalist in Penang, and has served The Star for over 35 years in various capacities and roles. He is now group editorial and corporate affairs adviser to the group, after having served as group managing director/chief executive officer. On The Beat made its debut on Feb 23 1997 and Chun Wai has penned the column weekly without a break, except for the occasional press holiday when the paper was not published. In May 2011, a compilation of selected articles of On The Beat was published as a book and launched in conjunction with his 50th birthday. Chun Wai also comments on current issues in The Star.
Source:The Star
August 09, 2023 15:50 UTC
Sanusi from "don't know" to "met at raya"
QUOTE Sanusi: I don't know anything about two Chinese nationals MBI employed [NSTTV]https://www.nst.com.my/news/nation/2023/07/...ls-mbi-employed QUOTE Saifuddin produces pic of Sanusi with Chinese national wanted for REE theft in Sikhttps://www.nst.com.my/news/politics/2023/0...d-ree-theft-sik QUOTE After Saifuddin’s photo, caretaker Kedah MB admits knowing rare earths theft suspect.......“I can’t remember how many times we met. The ones I remember were once at my office and once at a Hari Raya open house,” he was quoted as saying. “When he (So) met me, he told me that he had already paid MBI and had an agreement (to extract REE) before I became menteri besar. So I told him to just carry on but abide by the law,” he told reporters in Kubang Rotan. So I told him to just carry on but abide by the law,” he told reporters in Kubang Rotan.
Source:New Strait Times
August 02, 2023 07:29 UTC
Return money stolen from the people, Anwar tells a political leader
MACHANG: Return the property or money stolen from the people, or be prepared to be investigated, Prime Minister Datuk Seri Anwar Ibrahim has told a political leader. "I have stressed three times, including tonight, that you must return the money and property you have stolen from the people," he said. "If not, I will ask the authorities to investigate, including by going to the person’s house, office and checking the accounts," he said without naming the leader. "What was stolen, will be taken back," he saidHe said wrongdoings could not be justified. This, he said, was to save the country and to curb misappropriation of funds meant to help the people.
Source:The Star
July 24, 2023 19:18 UTC
Dear Thelma: I'm shy, self-conscious and not handsome – will I ever get a girlfriend?
All my life, the girls that I've liked have not liked me back, anyway, so I don't think my chances are good. My parents are not rich, so I don't think I should ask them to pay for braces for me. As in, "If they say yes, it's because I'm a good person and, if they say no, it's because I suck." A shy young woman feels put on the spot. Keep it friendly, say hi when you see her, but don't ask her out again.
Source:The Star
July 23, 2023 19:02 UTC
Super charging the EV sector
PETALING JAYA: The electric vehicle (EV) sector has a bright outlook and is expected to experience strong growth following the entry of Tesla Inc and government incentives to promote it. Rakuten Trade chief executive officer Kazumasa Mise said all eyes are on the EV sector driven especially by the ongoing developments locally and internationally. “Recent developments in the Malaysian EV sector are significantly shaping its growth prospects. Although EVs are experiencing strong growth, Lau said the current numbers remained small when compared with the total industry volume. Fitch Solutions has forecast an increase in EV sales to reach 5,850 units in 2023.
Source:The Star
July 20, 2023 17:57 UTC
Singapore looks elsewhere amid doubt over Indonesia's green power exports
Teo, who is also Singapore’s chairman of the Inter-Ministerial Committee on Climate Change, added that Singapore had been in talks with Australian companies, some of which had expressed interest in supplying Singapore with green electricity. The energy ministry did not immediately respond to a request for comment on Indonesian renewable energy exports to Singapore. However, these countries were located far from Singapore, and importing renewable electricity from them would require lengthy transmission and subsea cables, which could be risky and inefficient. Furthermore, Malaysia, which is as close to Singapore as Indonesia, lifted its electricity export ban this year, two years after imposing it. The opportunity could help push the development of domestic renewable energy, including demand for industries producing components for clean energy, such as solar photovoltaic.
Source:The Star
July 20, 2023 02:19 UTC
Don't Miss It
ELS English Language Ambassador AwardRegister by: Aug 18> Open to Forms Four and Five students in national schools, the 2023 ElS language Centres (ElS) English language ambassador award comprises two components: the Online Writing Course and the Essay Writing Competition. > The course, spanning from June 6 to aug 30, seeks to enhance students’ writing skills through an online curriculum. Cash prizes will be accompanied by trophies, certificates of achievement, co-curricular marks, and one-year subscriptions to “Just English digital Magazine” and “digital English Skills Grammar & Vocabulary”. > To participate, students must be nominated by their English language teachers via the digital Educational learning Initiative Malaysia (dElIMa) portal. > The 2023 ElS English language ambassador award is a corporate social responsibility initiative that aims to support the government’s efforts in driving English language excellence in national schools.
Source:The Star
July 16, 2023 13:10 UTC