My Sinchew/ News

No plans to seek extradition of Zhang Jian to Malaysia

CDTUP founder Zhang Jian was arrested in Thailand lately, but the several companies under the group continue to operate normally in Malaysia. However, the key persons of the group have traveled to Bangkok in order to meet Zhang and discuss the next course of action.

Fuel subsidy: More criteria to consider

Under the new fuel subsidy rationalization mechanism to be introduced next June, individuals earning below RM5,000 a month will be entitled to purchase unrestricted amount of subsidized fuel while those earning between RM5,000 and RM10,000 a month can only pump not more than 200 liters of subsidized fuel, the excess being purchased at prevailing market rate.

Differential fuel prices: Easier said than done

Although majority people are agreeable to the government's fuel subsidy rationalization move, it remains to be seen how the measures to provide fuel subsidies according to a person's income are going to be implemented.

Big leap in growth for Malaysia's financial industry next year

Malaysia's financial advisory industry will see a big leap in growth next year, with the number of licensed financial advisers expected to double from the less than 400 at present.

No way Saiful fabricated evidence: prosecution

Mohd Saiful Bukhari Azlan could not have fabricated evidence as there is overwhelming truth in his entire testimony over his alleged sodomy by PKR advisor Datuk Seri Anwar Ibrahim, the Federal Court heard today.

Receptacles with Saiful's samples not tampered with, court told

Only the plastic bag containing the 12 receptacles of samples collected from Mohd Saiful Bukhari Azlan was cut open by the investigation officer (IO) in the sodomy case involving PKR advisor Datuk Seri Anwar Ibrahim, and not the receptacles themselves which contained swabs

Arbitral tribunal decides on KTM land in Singapore

An arbitral tribunal appointed by Malaysia and Singapore has decided that a joint investment company of the two countries will not be conditionally liable to pay development charges on the former Malayan Railway parcels of land in Keppel, Kranji and Woodlands.

Malaysia's reserves remain usable and unencumbered: BNM

Malaysia's reserves remain usable and unencumbered as at end-September 2014, based on the detailed breakdown of international reserves under the International Monetary Fund's Special Data Dissemination Standard (SDDS) format.

Postponing GST will hurt economy: Chua

Further postponement of the Goods and Services Tax (GST) would hurt the economy more, said Deputy Finance Minister Datuk Chua Tee Yong.

Fewer Anwar supporters as hearing enters day 4

The number of supporters of Datuk Seri Anwar Ibrahim in front of the Palace of Justice here has dwindled as the hearing enters its fourth day.