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KUALA LUMPUR: Datuk Seri Dr Ahmad Zahid Hamidi has denied shifting the blame on his former staff member in order to exonerate himself in the corruption trial involving Yayasan Akalbudi (YAB). During a cross-examination conducted by deputy public prosecutor Datuk Raja Rozela Raja Toran, Ahmad Zahid was asked about the cheques issued by YAB and the role his former executive … [Read more...] about Ahmad Zahid denies blaming ex-staff member to ‘save his own neck’

PETALING JAYA: Effective tomorrow, chicken will cost RM9.40 a kg, up by 50sen, based on the new ceiling price set by the Cabinet following its weekly meeting yesterday. The Cabinet decided not to float the price of chicken and set the new ceiling price for standard chicken, said Agriculture and Food Industries Minister Datuk Seri Dr Ronald Kiandee. Kiandee also said the … [Read more...] about Prices of chicken and eggs go up

PETALING JAYA: The proposed Celcom-Digi merger passed one of its biggest hurdles in securing the regulator’s approval for the creation of South-East Asia’s biggest telecoms company that will have control of half of Malaysia’s mobile subscribers. But its creation also raises questions about fair competition, job cuts and there are suggestions that its approval could even be … [Read more...] about Nod for Axiata and Telenor

KUALA LUMPUR: Petronas Chemicals Group Bhd (PCG) and Alam Flora Environmental Solutions Sdn Bhd (AFES) are collaborating for the supply of plastic waste, food waste and evaluating potential partnership to build waste segregation facilities in Malaysia. In a statement, PCG said the collaboration was formalised with both parties signing a memorandum of understanding (MoU) … [Read more...] about PetChem inks MoU with AFES

KUALA LUMPUR: Gamuda Bhd ’s net profit surged 56 per cent to RM221.49 million in the third quarter ended April 30, 2022 (Q3 FY2022), from RM141.89 million in the preceding year’s corresponding quarter. The improved net profit was attributed to better earnings performance from its construction and property divisions, it said in a filing with Bursa Malaysia today. … [Read more...] about Gamuda records higher net profit of RM221.49mil in 3Q