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Malaysia, Uzbekistan to strengthen bilateral ties in numerous fields

May 23, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (May 22): Malaysia dan Uzbekistan are to strengthen further bilateral ties and cooperation in fields like trade, investment, tourism, education, health, technical cooperation and human resource development, and people to people contact. Both sides also shared their views on regional and international issues including the situation in Uzbekistan’s neighbouring state of Afghanistan, through the meetings between Malaysian Deputy Foreign Minister Datuk Kamarudin Jaffar and his Uzbekistan counterpart, Furkat Sidikov. According to a statement issued by the Malaysian Foreign Ministry (Wisma Putra) on Sunday (May 22), during his visit to the Central Asian nation from May 19-21, Kamarudin also paid courtesy call on the country’s Deputy Prime Minister Aziz Abdukhakimov, who is also the Uzbekistan’s Tourism and Cultural Heritage Minister. Kamarudin also called on Uzbekistan’s legislative assembly speaker Nurdinjon Ismoilov. The year 2022 denotes the … [Read more...] about Malaysia, Uzbekistan to strengthen bilateral ties in numerous fields

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Govt approves RM132.2 mil development allocation for fire dept

May 22, 2022 by www.theedgemarkets.com

Prime Minister Datuk Seri Ismail Sabri Yaakob (Photo by Zahid Izzani/The Edge filepix) - A + A KEPALA BATAS (May 22): The government has approved RM132.4 million in development allocation for the Malaysian Fire and Rescue Department under the 12th Malaysia Plan (12MP) to improve its readiness and for the welfare of its personnel. Prime Minster Datuk Seri Ismail Sabri Yaakob said as a government responsible and concerned for the development of fire and rescue services in the country, various efforts have been taken to fulfil the service commitments towards Malaysians especially from the aspect of firefighting infrastructure development and human capital. "It (The allocation) covers procurement of fire engines, utility vehicles, fire forensics vehicles, personal protective equipment (PPE) and firefighting monitoring software systems aimed at boosting the department’s effectiveness in handling emergency cases,” he said in his World FireFighters’ Day speech at the … [Read more...] about Govt approves RM132.2 mil development allocation for fire dept

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Prasarana establishes committee to identify cause of LRT train brake issue

May 22, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (May 22): Prasarana Malaysia Bhd (Prasarana) has established a committee to identify the main cause behind the brake caliper hydraulic fluid leakage that caused a disruption to the Kelana Jaya line Light Rail Transit service on Friday (May 20). The committee is made out of Rapid Rail Sdn Bhd (Rapid Rail) train spare parts supply companies, original equipment manufacturers (OEM) and independent consultants. Transport Minister Datuk Seri Dr Wee Ka Siong said the committee wiill begin work this Tuesday (May 24) to identify the main problem in a period of two weeks before followup action is taken. “Because of two incidents occurring in less than two weeks, we need to view the matter comprehensively and figure out why there are hydraulic fluid leaks and both are related to calipers said to be damaged because according to the maintenance schedule, it occurred earlier than its expected lifespan. “That’s why we need to study why the damage occurred … [Read more...] about Prasarana establishes committee to identify cause of LRT train brake issue

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Sabah AKM tour records RM6.47 mil in sales, potential business

May 22, 2022 by www.theedgemarkets.com

- A + A KOTA KINABALU (May 22): The "Jelajah Aspirasi Keluarga Malaysia'"or Malaysian Family Aspirations (AKM) Tour held at the Sabah International Convention Centre (SICC) received an overwhelming response from the local community during the three-day programme which concluded on Sunday (May 22). The AKM Tour Programme secretariat, in a statement, said the event saw a total of 24,198 visitors as of 3pm on Sunday, while a total of RM6.47 million in sales and potential business were also recorded. The involvement of 181 stalls for Small and Medium Industry (SMI) entrepreneurs and the business matching programme also boosted economic activities, especially for local entrepreneurs. The JaminKerja Keluarga Malaysia Career Carnival also saw 459 participants being called to attend interviews, of which 148 made it to the final screening in the positions they applied for, while 139 of them were successfully offered jobs. Apart from that, the Malaysian Family Sales were … [Read more...] about Sabah AKM tour records RM6.47 mil in sales, potential business

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ASEAN countries should unite to ensure priority for regional security, stability

May 22, 2022 by www.theedgemarkets.com

- A + A LANGKAWI (May 22): Bilateral relations and consensus among ASEAN countries need to be strengthened in order to ensure security and stability of the region is given priority. Senior Defence Minister Datuk Seri Hishammuddin Tun Hussein said a united front could prevent superpowers from taking ASEAN countries, including Malaysia lightly. "If the 10 Asean countries could unite to ensure that our priority is our regional security and stability, then no superpowers can belittle us," he said. He said this at a press conference after witnessing the 2022 Taming Sari Exercise Series 21 in the waters at the north of the Straits of Melaka near here on Sunday (May 22). Commenting further, Hishammuddin said, however, the efforts of ASEAN countries together with the superpowers must continue in addition to the approach of strengthening relations among ASEAN countries. He said the bilateral relationship could be translated into proactive actions such as military … [Read more...] about ASEAN countries should unite to ensure priority for regional security, stability

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Aeon Co. posts jump in 1Q net profit to RM28.07mil

May 18, 2022 by www.thestar.com.my

KUALA LUMPUR: AEON Co. (M) Bhd recorded a net profit of RM28.07mil in the first quarter ended March 31, 2022, a 27.38% improvement over RM22.03mil in the previous corresponding quarter on improved retail margin and higher impairment of trade receivables in the comparative quarter. For the quarter under review, the retail and property group registered a total revenue of RM1bil, which was slightly lower compared to RM1.01bil in 1Q21. By segment, the group said its retail business contributed a 2.5% year-on-year (y-o-y) lower revenue of RM857.4mil due to more consumers spending more time outdoors and dining out instead of cooking at home, although this was cushioned by an improvement in softline. The property management services segment posted a 7.4% y-o-y higher revenue of RM144.4mil on higher sales commission and temporary space rental in line with consumers returning to physical malls. "To capture the consumers spending in coming months, the company will accelerate and … [Read more...] about Aeon Co. posts jump in 1Q net profit to RM28.07mil

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