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Three Indians freed of drug charge in Malaysia
Three people of Indian origin - two of them brothers - have been acquitted by a high court in Malaysia of drug trafficking charges.
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Hilton denies being paid to party with billionaire
A representative for socialite-heiress Paris Hilton has denied she has been paid $1 million to party with a Malaysian billionaire.
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Australia set to host 2015 Asian Cup football finals
Australia is set to host the 2015 Asian Cup finals after presenting its bid to the Asian Football Confederation (AFC) at a meeting in Kuala Lumpur Thursday.
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'No evidence of Sikh militants operating from Kuala Lumpur'
The Malaysian Police has rebutted Punjab Police accusations that the Sikh separatist group, Khalistan Liberation Force (KLF), has set up a base outside Kuala Lumpur.
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India's Congress party invited for Malaysian meet
India's ruling Congress is among the 48 political parties invited to attend an international forum organised by Malaysia's United Malays National Organisation (UMNO).
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BMW Group Malaysia begins local production of the New BMW 5 Series
KUALA LUMPUR: BMW Group Malaysia on Friday, July 30 rolled out its the first locally assembled production model of the new BMW 523i at the BMW assembly plant in Kulim, Kedah.The retail price (on the r...
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Tanjong announces cancellation of listing in London
KUALA LUMPUR: Tanjong Public Ltd Company has announced the cancellation of its standard listing of ordinary shares of 7.5 pence (37 sen) each on the London Stock Exchange.Notice of the cancellation wa...
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FBM KLCI claws back into the black at mid-morning
KUALA LUMPUR: The FBM KLCI clawed back into the black at mid-morning on Friday, July 30 after having declined at the opening bell when it fell in line with the retreat at key regional markets follow...
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Kia Motors global sales grow 49.2% in 1H 2010
KUALA LUMPUR: Kia Motors Corporation's global sales grew 49.2% in the first half of 2010, based on shipment volume of 990,000 units, compared to the same period last year.In a statement on Friday, Jul...
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Malaysian police arrest Singapore trio, three others in drug bust
Kuala Lumpur - Malaysian anti-narcotics police have detained six people, including a family of three Singaporean nationals, believed to be part of a major drug syndicate, a news report said Friday.A r...
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Cave-in Along Tawau-Semporna Road Cuts Major Link
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->TAWAU, July 30 (Bernama) -- A stretch of the Tawau- Semporna road at Km42 has been closed to traffic f...
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Billionaire investors accused of making US$550mil through insider trading
DALLAS: Famed Dallas billionaire investors Sam and Charles Wyly made US$550 million in undisclosed profits through 13 years of insider trading in the shares of companies on whose boards they served, a...
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Grenade explodes near mall, the second in a week
BANGKOK (AP) - A grenade exploded near a Bangkok shopping mall early Friday, injuring one person and rattling the Thai capital less than a week after a similar blast left a bystander dead and several ...
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Citigroup paying US$75mil to settle civil charges
WASHINGTON: Banking titan Citigroup Inc. is paying US$75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. Th...
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Japan jobless rate up in June, prices fall again
TOKYO: New data about Japan's economy Friday offered a sobering reminder of the country's fragile recovery: The jobless rate rose, deflation deepened, and industrial production fell unexpectedly. The ...
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New York AG probes 'major fraud' in life insurance industry
NEW YORK: New York Attorney General Andrew M. Cuomo says his office has opened a "major fraud investigation" into the life insurance industry. Cuomo announced Thursday that his office had served subpo...
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Kia Motors says 2Q net profit rises 61%
SEOUL: Kia Motors announced Friday that net profit rose 61 percent in the second quarter amid an increase in sales. Kia earned 557.8 billion won ($471 million) in the three months ended June 30, the c...
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Malaysia Airlines Offers More Direct Flights To Sydney And Brisbane
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, July 30 -- Malaysia Airlines (MAS) will offer two additional direct flights from Kuala L...
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Support for Malaysian children affected by HIV and AIDS
Aina (right) and Anwar (centre) look at photographs with Wan Hava Wan Hussin, home supervisor of Rumah Solehah, an orphanage for children living with HIV and AIDS.
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Ranhill up in early trade
]'s share price rose in early trade on Friday, July after the company and its partner STS Educational Group Ltd were pre-qualified by the Bangladesh Power Development Board to undertake a power plant ...
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OSK Research raises target price for New Hoong Fatt to RM2.85
] at RM2.29 with a higher target price of RM2.85 (from RM2.62) and said the company's 2QFY10 revenue and net profit for the quarter were in line within its forecasts.The company's revenue continued to...
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* Scomi Engineering, Ranhill, Fotronics, Talam
KUALA LUMPUR: Blue chips may extend their gains on Friday, July 30 but investors should also brace for some profit taking ahead of the weekend. The FBM KLCI is up for the fifth straight day and the 3...
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No reports of outbreaks in Bakun
MIRI: There is no information blackout of health tragedies or a disease outbreak in the Bakun hydro-electric dam project site in the Belaga district, state leaders and the developer of the project sai...
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Dream home a reality via EPF
PETALING JAYA: EPF members will be able to use their future and current savings to apply for a larger housing loan beginning Sunday. EPF chief executive officer Tan Sri Azlan Zainol said the Flexible ...
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More girls could have been raped by bus driver
PETALING JAYA: The alleged rapist who forced himself on a young girl in the school bus he was driving on Monday is believed to have made at least two other children victims of his lust. One of them, i...
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Improving national economy brings down unemployment figures
PETALING JAYA: The improving national economy has resulted in a lower unemployment rate with firms not resorting to retrenchments, according to the Malaysian Employers Federation (MEF). MEF president ...
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Oil prices rise on better corporate earnings
NEW YORK: Oil prices rose Thursday as better-than-expected earnings from Exxon Mobil Corp., Southwest Airlines Co. and others bolstered hope for an improving economy. Benchmark crude for September del...
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Tribunal gets 2,661 consumer complaints
JOHOR BARU: The Consumer Claims Tribunal received 2,661 complaints nationwide this year, the bulk relating to scratch-and-win scams, and faulty mobile phones and electrical appliances. Deputy Domestic...
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US stocks fall, Europe up, Asia mixed
NEW YORK: Stocks ended an erratic day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals. The Dow Jones industrial average closed down 30 points ...
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Chua makes his first tweet
KUALA LUMPUR: MCA president Datuk Seri Dr Chua Soi Lek made his first tweet, signalling to party members that the new media is the way to go to win friends and influence voters. Signing up with the us...
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Search engine blocked in mainland China
MOUNTAIN VIEW, California: Google says people in mainland China are being blocked from using its Internet search engine. The company posted a Thursday notice about the new barrier without any other de...
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Legal aid for those in need
KUALA LUMPUR: A Legal Aid Foundation (LAF) is expected to be set up by end of the year to effectively provide aid to those in need of legal representation. Bar Council chairman Ragunath Kesavan said t...
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Stop-work order for two mining sites
BATANG BERJUNTAI: Two sand mining site operators in Batang Berjuntai, Selangor, and Nibong Tebal, Penang will be given stop-work orders. The sand mining operator at Lot Kambing Susu in Batang Berjunta...
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Dr Ling pleads not guilty in the PKFZ scandal
PUTRAJAYA: Tun Dr Ling Liong Sik has been charged with cheating the Government over the Port Klang Free Zone (PKFZ) scandal and he now faces up to seven years in prison. The 67-year-old former Transpo...
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The long wait for the iPad continues
Expect the iPhone 4G by or before September this year but the same cannot be said for the iPad. Fortunately for the Singaporeans, they got the first taste of the Apple iPad last Friday. Some in the re...
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Forgo discount to help the poor, rich bumis urged
PETALING JAYA: It would be good if rich bumiputras could agree not to take the 7% discount for high-end homes and commercial property and give the benefit to the poor, said Housing and Local Governmen...
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Iconic programmes will improve ties
SEOUL: Deputy Prime Minister Tan Sri Muhyiddin Yassin described his four-day visit to South Korea as fruitful and of great significance. After 50 years of bilateral relations, he said ties between bot...
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YHS settles dispute with Padu Bistari
PETALING JAYA: Yeo Hiap Seng (M) Bhd (YHS) has settled its legal dispute with Padu Bistari Development Sdn Bhd amicably. The dispute, which was brought by Padu Bistari against YHS in 2003 for damages ...
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Demand for electronics to drive PCB growth
GEORGE TOWN: The rising demand for LCD/LED back-lit televisions as well as electronic industrial and medical equipment will drive the growth of printed circuit board (PCB) manufacturing and the PCB as...
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Early birds stand to walk away with exciting gifts
PETALING JAYA: It pays to be an early bird when FemmeCity opens its doors today. The exhibition-fair, to be launched by Women, Family and Community Development Minister Datuk Seri Shahrizat Abdul Jali...
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Kontron plans RM20m upgrade
GEORGE TOWN: Kontron Design Manufacturing Service (M) Sdn Bhd (KDMS) is investing US$20mil over the next five years to upgrade its surface mount technology production lines. Chief executive officer Mi...
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Dept to gazette more islands for protection
SETIU: There are plans to gazette 32 more islands as marine parks to protect marine resources and to safeguard corals. Marine Parks Department director-general, Abdul Jamal Maidin said currently there...
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Ge-Shen to diversify into cosmetics, skincare trading
JOHOR BARU: Plastic moulding maker Ge-Shen Corp Bhd is setting up a trading arm to distribute cosmetics and skincare products as part of its diversification plan. Group managing director Wong Yee Keh ...
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Higher farm yield with wireless technology
PUTRAJAYA: Agricultural producers can enjoy higher yields through the use of a wireless sensor network (WSN). Information, Communications and Culture Minister Datuk Seri Dr Rais Yatim said through loc...
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Astino in RM21m expansion drive
GEORGE TOWN: Astino Bhd is spending RM21mil to expand its roofing materials-manufacturing operations and diversify into new areas. Group managing director Ng Bak Teng said the company was now setting ...
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Ismail Sabri brushes off protest threats
KUALA LUMPUR: The Government is unperturbed by the threats of certain quarters to protest against recent subsidy cuts for sugar, petrol and liquefied petroleum gas (LPG), as it has minimal effect on t...
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Restaurants gear up for EPL season
PETALING JAYA: With the EPL season starting soon, many mamak outlets and kopitiam are confident that footie fans will once again fill the tables left out in the cold after the 2010 FIFA World Cup ende...
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Two Transmile units to be wound up
PETALING JAYA: Transmile Group Bhd’s wholly-owned subsidiaries, Transmile Air (SPV) Ltd and TGB (SPV) Ltd will be wound up because they cannot continue their businesses due to their liabilities....
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Aston expects to raise US$360mil in IPO
SYDNEY: Australian coal miner Aston Resources expects to raise up to US$360mil in an initial public offering due to be priced on Aug 3 after lining up two cornerstone investors, two sources close to t...
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Suspected car smugglers arrested
IPOH: Police have arrested several suspects believed to be members of a syndicate smuggling millions of ringgit worth of stolen vehicles overseas. Deputy Inspector-General of Police Tan Sri Ismail Oma...
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China Everbright Bank to list on Aug 18
SHANGHAI: China Everbright Bank will list on the Shanghai stock exchange on Aug 18, and will soon release its prospectus for an initial public offering (IPO) slated to raise up to US$2.9bil, the offic...
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Credit Suisse explains methods used in assessing EON Cap offer
PETALING JAYA: EON Capital Bhd’s (EON Cap) independent adviser Credit Suisse Securities (M) Sdn Bhd used four methodologies to arrive at its opinion that the RM5.06bil takeover offer from Hong L...
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Alliance Bank aims for higher return on equity
KUALA LUMPUR: Alliance Bank Malaysia Bhd expects to achieve its target of 16% return on equity (ROE) in 12 to 18 months, in line with the ROE industry average of 14% to 16%, said group chief executive...
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Katy Perry arrives for MTV gig
KUALA LUMPUR: American pop star Katy Perry has arrived for her much awaited gig at the MTV World Stage tomorrow at Sunway Lagoon Surf Beach. The 26-year-old Perry flew in from Los Angeles and showed n...
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Hong Leong Bank to hold EGM on Aug 23
PETALING JAYA: Hong Leong Bank Bhd told Bursa Malaysia that it will hold an EGM on Aug 23 to decide on the resolution to acquire the entire assets and liabilities of EON Capital Bhd for RM5.06bil. The...
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Galas rep admitted to ICU
KOTA BARU: Galas assemblyman Che Hashim Sulaima has been admitted to the intensive care unit of the Perdana Specialist Hospital here due to colon cancer. State assembly Speaker Datuk Nasuruddin Daud s...
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Big rise in dengue cases in Pahang
KUANTAN: The number of dengue cases in the state since Jan 1 was 838, a much higher figure compared to 568 in the corresponding period last year. Kuantan topped the list with 480 cases, followed by Te...
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Harvard programme for Naza chairman
PETALING JAYA: Naza joint group executive chairman Datuk SM Faisal SM Nasimuddin has become the first Malaysian to be invited to the Harvard Business School’s Owners’/Presidents’ Man...
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Skills cert holders can upgrade to degrees
PUTRAJAYA: Sijil Kemahiran Malaysia (SKM) certificate holders can enter the civil service and upgrade to degree programmes, said Human Resource Minister Datuk Dr S. Subramaniam. He said the Skills Dev...
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Sidek appointed to 1MDB board
KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak has appointed Chief Secretary to the Government, Tan Sri Mohd Sidek Hassan to the board of advisors of 1Malaysia Development Bhd (1MDB). In a st...
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Malaysian franchise market sheltered from recession
KUALA LUMPUR: Malaysia’s franchise market is relatively sheltered from the global recession as the industry maintains 15% annual growth when much of the global economy is stagnated, an industry ...
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SK Telecom Q2 profit up 5%
SEOUL: South Korea’s top mobile carrier SK Telecom Co reported a 5% rise in quarterly profit yesterday, helped by increased data use by smartphone subscribers and reduced marketing spending. The...
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Shell profits double on revamp
LONDON: Royal Dutch Shell Plc said second-quarter current cost of supply (CCS) net income jumped 94% to US$4.53bil, thanks to a strong operating environment and a speedy restructuring of the group. Eu...
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Rep wants more Indian councillors in Perak
MALAYSIA Nanban reported that Sungkai assemblyman A. Sivanesan is disappointed that the Barisan Nasional government in Perak had only appointed 35 Indians among the 368 new councillors. The DAP leader...
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GM bullish about S-E Asia
BANGKOK: General Motors (GM) aims to sell about 1.9 million cars in Thailand, Indonesia and Malaysia this year. GM South-East Asia president Martin Apfel said the company was targeting to sell 700,000...
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S’pore central bank sees rising prices, moderating growth
SINGAPORE: Singapore’s economic growth will moderate in the second half while prices will rise faster, the central bank said yesterday, while making clear it remained comfortable with its curren...
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Malaysian politician charged with graft
KUALA LUMPUR: A former Cabinet minister was charged on Thursday with “cheating” in a billion-dollar port scandal that embarrassed the government and sparked public criticism of a lack of transpare...
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Two women appointed to sharia court bench
In an Islamic judicial system that has been criticized as biased against women, two women have been cleared to hear the same cases as their male colleagues in sharia court. They will join the bench on...
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Fotronics external auditors unable to ascertain recoverability of RM12.7m
KUALA LUMPUR: Fotronics Corp Bhd’s external auditors Messrs. CroweHorwath have expressed concern over the recoverability of trade receivables totaling RM12.7 million due to the company. It said on ...
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#Today's Diary* What to expect on July 30, 2010
] AGM at Jasmine Junior Ball Room, Level C of One World Hotel, PJ, Selangor at 9.30am.Penang Chief Minister Lim Guan Eng officiates new LED factory opening in Bayan Lepas at 9.30am.MCIS Zurich Insuran...
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Focus Point cooperating with regulators to address allegations
KUALA LUMPUR: Focus Point Holdings Bhd, which deferred its listing at the 11th hour on Tuesday, July 26, said it is cooperating with the regulatory authorities to address the malicious allegations aga...
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Malaysia triples jail time for people smugglers
On Thursday July 29, 2010, 11:20 am EDT KUALA LUMPUR, Malaysia (AP) -- Malaysia is tripling prison sentences and imposing stiff fines for people smugglers, but activists warned Thursday that more m...
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Malaysia may close more dive sites hit by coral bleaching
KUALA LUMPUR (AFP) – Malaysia may close three more popular dive sites in the South China Sea which have been hit by coral bleaching blamed on global warming, an official said Wednesday. Last ...
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#Today's Diary* What to expect on July 30, 2010
The 15th Malaysian Law Conference at Level 3, East Wing, KL Convention Centre from 9am-6pm (till July 31).Housing and Local Government Minister Datuk Chor Chee Heung opens iProperty.com Expo Luxury Co...
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Govt plans to add 5m highly skilled workers in 5 years
PUTRAJAYA: The government targets to raise to five million over the next five years the number of highly skilled workers now standing at 3.1 million among the 12 million workers in the country, Human ...
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Malaysia Can Have A Match Racing Team By 2014, Says Gilmore
PUTRAJAYA, July 29 (Bernama) -- Malaysia can have its own Match Racing Team to compete in the World Match Racing Tour by 2014, said Monsoon Cup Race advisor Datuk Peter Gilmore. He said although ma...
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Share prices close higher, CI up for fifth straight day
KUALA LUMPUR: Share prices on Bursa Malaysia closed higher on Thursday, July 29, boosted by continued buying in selected blue chips as well aslower liners, dealers said. At 5pm, the FBM KLCI rose 3.2...
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95,000 Families Nationwide Require Proper Housing
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->PETALING JAYA, July 29 (Bernama) -- More than 95,000 families nationwide are in need of decent homes, ...
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Simpler Procedure For Entry Permit Application
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->TUMPAT, July 29 (Bernama) -- The Home Ministry has simplified the procedure for entry permit applicati...
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Take Value-Adding Activities Seriously, Palm Oil Players Told
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KOTA KINABALU, July 29 (Bernama) -- Sabah should learn from its past experience with tropical timber i...
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Indonesia Offers Tremendous Business Opportunities For Malaysian Firms - Matrade
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, July 29 (Bernama) -- The Malaysia External Trade Development Corporation (Matrade) recen...
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H1N1 Ayruveda Drug For Malaysian Market Soon
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->By P.Vijian CHENNAI, July 29 (Bernama) -- Tamil Nadu-based Ramoni Research Foundation (RRF), which ...
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Dr Chua wants MCA leaders to Twit and use other social media
KUALA LUMPUR: MCA president Datuk Seri Dr Chua Soi Lek made his first tweet, signalling to party members that the new media is the way to go to win friends and influence voters. Signing up with the us...
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Malaysia Seeks Kuwait Support To Enhance Trade With GCC Countries
Malaysia Seeks Kuwait Support To Enhance Trade With GCC Countries You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->
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PM goes on leave abroad
Printer Friendly Kuala Lumpur: Prime Minister Datuk Seri Najib Tun Razak will go on leave overseas from today (Thursday) until Aug 10, according to a statement from the Prime Minister's Office. The t...
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Accused admits giving false info
Printer Friendly Kuala Lumpur: The Sessions Court was Wednesday told that Raja Mohd Idzham Raja Ibrahim, the second accused in the burning of Metro Tabernacle church in Desa Melawati last January, adm...
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Chong's response to court's Mazu decision
Printer Friendly Kota Kinabalu: Former Chief Minister Tan Sri Chong Kah Kiat accused Chief Minister Datuk Seri Musa Aman of playing to the gallery with the re-location offer of the Mazu (Goddess of th...
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Illegals suffocate local woman
Printer Friendly Tawau: A 54-year-old local woman died of suffocation after two illegal immigrant brothers tied her up and covered her mouth and nose with a cloth before robbing her at her house at Kg...
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Mystery of driver and his blazing containers
Printer Friendly Kota Kinabalu: Workers and customers were shocked by an explosion shortly after a lorry driver stopped at a Shell Station and dropped off a container which caught fire at Jalan Pantai...
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TSMC hikes capex after record profit; glut fears loom
TAIPEI: Top contract chipmaker TSMC sharply raised its 2010 capital spending forecast after posting a record quarterly profit, likely leading to oversupply that could hurt chip prices and the firm's b...
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Government denies claims that RON95 causes fire during accidents
KUALA LUMPUR: Claims that RON95 petrol causes fire during accidents as it is high in benzene is not true, Dewan Negara heard Thursday. Domestic Trade, Cooperatives and Consumerism Deputy Minister Datu...
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Win reality show in Malaysia and become Imam
NEW YORK: While TV shows elsewhere lure participants by cash bonanza and cars, the top prize in a reality show in Malaysia, which has cast a spell on viewers, is the winner becomes an Imam. Turn...
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Japan Sharp profits recover on strong LCD TV sales
TOKYO (AP): Japan's Sharp Corp., one of the world's largest producers of LCD TVs and panels, booked a profit last quarter, rebounding from big losses a year earlier as sales recovered and deep cost cu...
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Sony rebounds to profit in April-June quarter
TOKYO (AP): Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles, personal computers and televisions. Th...
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