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Malaysia

Dr M says sees no need to explain MAS deals

KUALA LUMPUR, Feb 23 — Tun Dr Mahathir Mohamad brushed off today Datuk Zaid Ibrahim’s call that he “write a book” on why Malaysia Airline System (MAS) was privatised to Tan Sri Tajudin Ramli in 1994, saying he was not in charge of the loss-making national carrier.

“I’m not in charge of MAS, how can I write a book? I can make some comments, ... Read More

A view of the crowd at the DAP election fundraising dinner at the MBPJ Civic Centre car park in Petaling Jaya on February 22, 2012. — Picture by Choo Choy May
A view of the crowd at the DAP election fundraising dinner at the MBPJ Civic Centre car park in Petaling Jaya on February 22, 2012. — Picture by Choo Choy May Read More

Explain Tajudin Ramli link to MAS privatisation, Zaid tells Dr M

By Debra Chong
KUALA LUMPUR, Feb 23 — Tun Dr Mahathir Mohamad owes the nation an explanation for pushing Malaysia Airlines System (MAS) to be privatised and Tan Sri Tajudin Ramli’s role in it, Datuk Zaid Ibrahim said ... Read More

KPF snub will lower FELDA listing value, says PKR

By Shazwan Mustafa Kamal
PETALING JAYA, Feb 23 — FELDA’s formation of a special purpose vehicle (SPV) to take the majority stake in FELDA Global Ventures Holdings Bhd (FGVH) will only lower its listing value, PKR has charged.PKR ... Read More

Dr M: Settlers have no cash to expand FELDA

By Shannon Teoh
KUALA LUMPUR, Feb 23 — Tun Dr Mahathir Mohamad today defended the planned listing of FELDA Global Ventures Holdings (FGVH) as a “great opportunity” for FELDA to expand.Former Finance Minister Tengku ... Read More

Sabah RCI confirmed, scope to be finalised soon, says BN source

By Clara Chooi
KOTA KINABALU, Feb 23 — Putrajaya is finalising the terms of reference for the royal commission of inquiry (RCI) into the problem of illegals in Sabah, a state Barisan Nasional (BN) leader has confirmed, ... Read More

Private investment to ease in 2012, says RHB Research

By Lee Wei Lian
KUALA LUMPUR, Feb 23 — Private investment growth is expected to soften this year after manufacturing investment approvals experienced a massive decline in the fourth quarter last year due to cautious ... Read More

Lynas faces claims against rare earths plant licence

MELBOURNE, Feb 23 — Opponents of Australian rare earths miner Lynas Corp’s refinery in Malaysia have asked a court to delay start-up of its A$200 million (RM640 million) plant and review the government’s ... Read More

Pakatan states proof of economic success, proper governance, say leaders

By Shazwan Mustafa Kamal
PETALING JAYA, Feb 23 — High investment figures, budget surpluses and reduction of debts in Pakatan Rakyat (PR) states are proof that the federal opposition is ready to take a shot at governing the ... Read More

Umno leaders do not understand the Quran, says Selangor PAS chief

By Shazwan Mustafa Kamal
PETALING JAYA, Feb 23 — The main difference between Umno and PAS leaders is that unlike PAS, Umno does not have a proper understanding of the Quran, a PAS leader has charged.Selangor PAS commissioner Dr ... Read More

FELDA forms unit to invest in FGVH, replacing KPF

By Jahabar Sadiq
Editor
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 ... Read More

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