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Malaysia

FELDA forms unit to invest in FGVH, replacing KPF

KUALA LUMPUR, Feb 22 — FELDA has decided to form a special purpose vehicle (SPV) to take the majority stake in FELDA Global Ventures Holdings Bhd after eight settlers blocked the FELDA Investment Cooperative (KPF) from injecting its assets into the company for its contentious initial public offering (IPO).

FELDA chairman Tan Sri Isa Samad ... Read More

Makeshift wooden homes are seen at an illegal immigrant colony in Pulau Gaya, near Kota Kinabalu. The influx of immigrants is set to be a key election issue in Sabah. — Picture by Jack Ooi
Makeshift wooden homes are seen at an illegal immigrant colony in Pulau Gaya, near Kota Kinabalu. The influx of immigrants is set to be a key election issue in Sabah. — Picture by Jack Ooi Read More

Angry imam chucks shoes at judges in top court

By Debra Chong
KUALA LUMPUR, Feb 22 — An imam threw his shoes at three senior judges in the country’s highest court today after they struck out his bid to challenge an eviction order from a city mosque here four years ... Read More

Ananda Krishnan plans US$2b sale of power assets, say sources

HONG KONG, Feb 22 — Ananda Krishnan, ranked by Forbes as Malaysia’s second-richest man, has put his entire power portfolio up for sale in a deal that could fetch more than US$2 billion (RM6 billion), ... Read More

Food pushes monthly inflation up in January

By Lee Wei Lian
KUALA LUMPUR, Feb 22 — Inflation grew faster in January as compared with December and November last year due to higher prices for food and non-alcoholic beverages, RHB Research Institute said today.The ... Read More

PKR moots Health Service Commission instead of 1 Care

By Clara Chooi
KUALA LUMPUR, Feb 22 — PKR pledged today to look into forming a Health Service Commission in place of Putrajaya’s controversial 1 Care plan should it come to power, saying the body would help ensure ... Read More

Ku Li says FELDA listing will endanger future of settlers

By Shazwan Mustafa Kamal
KUALA LUMPUR, Feb 22 — The proposed Felda Global Ventures Holdings (FGVH) listing will endanger the future of settlers as they risk losing their land assets, Tengku Razaleigh Hamzah has said.In an ... Read More

Home Ministry bans children’s book on sex education

KUALA LUMPUR, Feb 22 — The Home Ministry today banned a classic children’s book on sex education, saying it could be detrimental to public morals.The educational book, “Where Did I Come From?” by Peter ... Read More

Auto industry, Bank Negara to discuss loan guidelines

KUALA LUMPUR, Feb 22 — Automotive industry players will meet Bank Negara on Friday to discuss the new guidelines for loan borrowers, following a 25 per cent drop in sales of new motor vehicles last month, ... Read More

Racial ‘jihad’ un-Islamic, says ex-mufti

By Debra Chong
KUALA LUMPUR, Feb 22 — Islam forbids a “jihad (struggle)” predicated on race, prominent Muslim scholar Mohd Asri Zainul Abidin has said amid controversy over yesterday’s call by the Perak Mufti for Malays ... Read More

LRT, Monorail ticket machines to accept new coins in March

KUALA LUMPUR, Feb 22 — Ticket vending machines at LRT and KL Monorail stations will start accepting the new Bank Negara Malaysia (BNM) coins from next month, Bernama Online reported today.The news portal ... Read More

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