JOHOR BAHRU: An axe-wielding man was arrested outside a restaurant in Johor Bahru on Thursday night (Jul 18) after he turned violent and attacked a customer. According to Iskandar Puteri district police chief Dzulkhairi Mukhtar, a customer called the authorities saying that a man had been causing trouble at the restaurant in the suburb of Skudai. The man appeared at 11.50pm and was believed to be intoxicated at the time.“The man then assaulted a foreigner, which prompted the complainant to rush over and overpower him, before calling the police,” Dzulkhairi said in a statement.Police arrived shortly and arrested the suspect, aged 34. The axe was also seized. The man is being investigated for voluntarily causing grievous hurt, criminal intimidation, as well as for carrying a dangerous weapon. … [Read more...] about Axe-wielding man arrested outside Johor Bahru restaurant
Ministry optimistic cocoa industry can hit RM6b export target
SERDANG: The Primary Industries Ministry is optimistic that the cocoa industry would achieve the target of RM6 billion export value by 2020 as outlined in the 11th Malaysia Plan (11MP). As of 2018, the nation’s cocoa exports have hit RM5.55 billion. Ministry secretary-general Datuk Dr Tan Yew Chong said the 4.6% rise in the sector’s contribution to gross domestic product (GDP) in 2018 from 2017 is a positive sign that the target is achievable. He said cocoa has good potential with the right business model as well as commercialisation and downstream activities. "The cocoa sector contributed RM5.55 billion to the nation’s export revenue in 2018, accounting for RM1.44 billion or 0.1% of GDP. "The amount is a 4.6% increase from RM1.38 billion the previous year,” he said at a media conference after launching 'Innovation to Market' (I2M), the Malaysian Cocoa Board’s (LKM) commercialisation of research findings programme at the UPM-MTDC Technology Centre here … [Read more...] about Ministry optimistic cocoa industry can hit RM6b export target
Fitch ups outlook on Thailand rating
Prime Minister Prayut Chan-o-cha greets his new cabinet during a photo session at Government House on Tuesday. Fitch Ratings has revised its outlook on Thailand’s long-term foreign-currency issuer default rating to positive to reflect higher confidence in the civilian-led government. (Photo by Wichan Charoenkiatpakul) Fitch Ratings has revised its outlook on Thailand’s long-term foreign-currency issuer default rating to positive from stable to reflect higher confidence that lingering political risks are unlikely to derail sound macroeconomic management.The international credit rating agency has also affirmed the rating at BBB+. The outlook revision is demonstrated by the sustained strength of external and public finances over the past several years, which has resulted in greater resilience to macroeconomic and financial shocks, Fitch said. “A major political hurdle has been passed with the formation of a new civilian-led government following elections in … [Read more...] about Fitch ups outlook on Thailand rating
Hard-earned money: Pacquiao’s winnings over the years
MULTIMEDIA ABS-CBN News Posted at Jul 19 2019 04:56 PM Manny Pacquiao has put his body on the line in the past 3 decades, going up against the world's top fighters, beating most of them and losing to some. But that sacrifice year in, year out, has paid dividends for Pacquiao, as he has emerged as the richest Filipino athlete of all time by far, and one of the world's highest-paid sports people. Here is a compilation of his winnings over the years since his explosive, career-turning victory over Oscar dela Hoya in 2008. /news/07/19/19/mga-pinya-sa-laguna-bagsak-presyo-nabubulok-na-dahil-sa-oversupply/video/business/07/19/19/dissecting-data-philippine-economy-under-duterte/news/07/19/19/carpio-to-filipinos-rebut-chinas-fake-news-on-south-china-sea-ownership/sports/07/19/19/ncaa-season-95-lyceum-rebounds-from-upset-loss-with-win-vs-mapua/business/07/19/19/grab-testing-special-service-for-families-pets … [Read more...] about Hard-earned money: Pacquiao’s winnings over the years
Malaysia retail sales growth rises 3.8% in Q1
KUALA LUMPUR: The Malaysian retail industry achieved a better-than-expected growth rate of 3.8% in retail sales for the first quarter of 2019 (1Q19) as compared with the same period in 2018, said the Domestic Trade & Consumer Affairs Ministry (KPDNHEP). Deputy Minister Chong Chieng Jen (pix) said as of 1Q19, the services sector contributed 57% to gross domestic product (GDP) and the wholesale and retail sub-sector was the main growth momentum for the services sector. “At the same time, the sales of wholesale and retail trade in May 2019 contributed an amount of RM110.8 billion to national GDP and accounted for approximately 1.8 million in manpower as a whole,” he said in his keynote speech at the Malaysia Retail Chain Association (MRCA) Retail Conference 2019 here today. The conference was held in conjunction with MRCA’s Malaysia International Retail & Franchise 2019 taking place from July 18 till 20. Chong said the liberalisation of the Malaysian retail … [Read more...] about Malaysia retail sales growth rises 3.8% in Q1