Don’t go on tree-felling spree, eco warriors tell authorities
https://www.thestar.com.my/news/nation/2024/05/17/dont-go-on-tree-felling-spree-eco-warriors-tell-authorities
https://www.thestar.com.my/news/nation/2024/05/17/dont-go-on-tree-felling-spree-eco-warriors-tell-authorities
The Star
Don’t go on tree-felling spree, eco warriors tell authorities
PETALING JAYA: The erratic weather has seen incidences of trees falling recently, but that does not grant the authorities a free pass to go on a “tree-felling” spree, say NGOs and environmentalists.
Oil up after US data strengthen rate-cut hopes
https://www.thestar.com.my/business/2024/05/17/oil-up-after-us-data-strengthen-rate-cut-hopes
Crude prices edged up on Thursday after data showed a stabilising US job market, fuelling expectations that the Federal Reserve could begin to cut interest rates in autumn, which should stimulate the economy and boost oil demand. Read full story (https://www.thestar.com.my/business/2024/05/17/oil-up-after-us-data-strengthen-rate-cut-hopes)
https://www.thestar.com.my/business/2024/05/17/oil-up-after-us-data-strengthen-rate-cut-hopes
Crude prices edged up on Thursday after data showed a stabilising US job market, fuelling expectations that the Federal Reserve could begin to cut interest rates in autumn, which should stimulate the economy and boost oil demand. Read full story (https://www.thestar.com.my/business/2024/05/17/oil-up-after-us-data-strengthen-rate-cut-hopes)
MPI 3Q profit at RM32.8mil
https://www.thestar.com.my/business/business-news/2024/05/17/mpi-3q-profit-at-rm328mil
Malaysian Pacific Industries Bhd (MPI) expects the semiconductor industry to continue to stay volatile and uncertain in the near future amidst signs of gradual recovery in certain segments. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/mpi-3q-profit-at-rm328mil)
https://www.thestar.com.my/business/business-news/2024/05/17/mpi-3q-profit-at-rm328mil
Malaysian Pacific Industries Bhd (MPI) expects the semiconductor industry to continue to stay volatile and uncertain in the near future amidst signs of gradual recovery in certain segments. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/mpi-3q-profit-at-rm328mil)
Dapat Vista told to empty out e-Jamin funds
https://www.thestar.com.my/business/business-news/2024/05/17/dapat-vista-told-to-empty-out-e-jamin-funds
In light of the Federal Court’s decision to cease usage of the e-Jamin system, Pertama Digital Bhd says it has received a directive to transfer all e-Jamin funds to the Main Receiving Account of the Prime Minister’s Department. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/dapat-vista-told-to-empty-out-e-jamin-funds)
https://www.thestar.com.my/business/business-news/2024/05/17/dapat-vista-told-to-empty-out-e-jamin-funds
In light of the Federal Court’s decision to cease usage of the e-Jamin system, Pertama Digital Bhd says it has received a directive to transfer all e-Jamin funds to the Main Receiving Account of the Prime Minister’s Department. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/dapat-vista-told-to-empty-out-e-jamin-funds)
IRB fails in bid to get RM1.8bil taxes from TNB
https://www.thestar.com.my/business/business-news/2024/05/17/irb-fails-in-bid-to-get-rm18bil-taxes-from-tnb
The Court of Appeal has upheld the High Court’s decision two years ago to dismiss the Inland Revenue Board’s (IRB) claim of taxes totalling RM1.8bil against Tenaga Nasional Bhd (TNB). Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/irb-fails-in-bid-to-get-rm18bil-taxes-from-tnb)
https://www.thestar.com.my/business/business-news/2024/05/17/irb-fails-in-bid-to-get-rm18bil-taxes-from-tnb
The Court of Appeal has upheld the High Court’s decision two years ago to dismiss the Inland Revenue Board’s (IRB) claim of taxes totalling RM1.8bil against Tenaga Nasional Bhd (TNB). Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/irb-fails-in-bid-to-get-rm18bil-taxes-from-tnb)
Ringgit opens marginally lower against greenback as investors await 1Q GDP release
https://www.thestar.com.my/business/business-news/2024/05/17/ringgit-opens-marginally-lower-against-greenback-as-investors-await-1q-gdp-release
KUALA LUMPUR: The ringgit opened marginally lower against the US dollar on Friday as investors await the announcement of gross domestic product (GDP) performance for the first quarter of 2024. The local note is expected to remain resilient in the immediate term. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/ringgit-opens-marginally-lower-against-greenback-as-investors-await-1q-gdp-release)
https://www.thestar.com.my/business/business-news/2024/05/17/ringgit-opens-marginally-lower-against-greenback-as-investors-await-1q-gdp-release
KUALA LUMPUR: The ringgit opened marginally lower against the US dollar on Friday as investors await the announcement of gross domestic product (GDP) performance for the first quarter of 2024. The local note is expected to remain resilient in the immediate term. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/ringgit-opens-marginally-lower-against-greenback-as-investors-await-1q-gdp-release)
German tourist drowns while swimming in Pulau Perhentian
https://www.thestar.com.my/news/nation/2024/05/17/german-tourist-drowns-while-swimming-in-pulau-perhentian
https://www.thestar.com.my/news/nation/2024/05/17/german-tourist-drowns-while-swimming-in-pulau-perhentian
The Star
German tourist drowns while swimming in Pulau Perhentian
KUALA BESUT: A German tourist drowned while swimming with her husband in Pulau Perhentian on Thursday (May 16) afternoon.
Man charged with distributing drugs in Ipoh
https://www.thestar.com.my/news/nation/2024/05/17/man-charged-with-distributing-drugs-in-ipoh
https://www.thestar.com.my/news/nation/2024/05/17/man-charged-with-distributing-drugs-in-ipoh
The Star
Man charged with distributing drugs in Ipoh
IPOH: A 47-year-old man has been charged at the Magistrate’s Court here with distributing about 9,200 grams of heroin.
China's factories fire up but consumer, property weakness persists
https://www.thestar.com.my/business/business-news/2024/05/17/china039s-factories-fire-up-but-consumer-property-weakness-persists
BEIJING: China's factory output topped forecasts in April, helped by improving external demand, although retail sales unexpectedly slowed and the property sector remained a drag on the economy, piling pressure on Beijing to do more to support growth. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/china039s-factories-fire-up-but-consumer-property-weakness-persists)
https://www.thestar.com.my/business/business-news/2024/05/17/china039s-factories-fire-up-but-consumer-property-weakness-persists
BEIJING: China's factory output topped forecasts in April, helped by improving external demand, although retail sales unexpectedly slowed and the property sector remained a drag on the economy, piling pressure on Beijing to do more to support growth. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/china039s-factories-fire-up-but-consumer-property-weakness-persists)
Malaysia's economy grows 4.2% in 1Q, beating expectations
https://www.thestar.com.my/business/business-news/2024/05/17/malaysia039s-economy-grows-42-in-1q-beating-expectations
KUALA LUMPUR: Malaysia's gross domestic product (GDP) grew at a rate of 4.2% in the first quarter of 2024, an increase from 2.9% growth in the preceding quarter as the economy was bolstered by strong private expenditure and a positive turnaround in exports. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/malaysia039s-economy-grows-42-in-1q-beating-expectations)
https://www.thestar.com.my/business/business-news/2024/05/17/malaysia039s-economy-grows-42-in-1q-beating-expectations
KUALA LUMPUR: Malaysia's gross domestic product (GDP) grew at a rate of 4.2% in the first quarter of 2024, an increase from 2.9% growth in the preceding quarter as the economy was bolstered by strong private expenditure and a positive turnaround in exports. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/malaysia039s-economy-grows-42-in-1q-beating-expectations)
Bursa Malaysia's rally pushes on amid regional profit-taking
https://www.thestar.com.my/business/business-news/2024/05/17/bursa-malaysia039s-rally-pushes-on-amid-regional-profit-taking
KUALA LUMPUR: Bursa Malaysia defied the profit-taking pressure seen in regional markets by keeping to an upward trend over the course of the early session. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/bursa-malaysia039s-rally-pushes-on-amid-regional-profit-taking)
https://www.thestar.com.my/business/business-news/2024/05/17/bursa-malaysia039s-rally-pushes-on-amid-regional-profit-taking
KUALA LUMPUR: Bursa Malaysia defied the profit-taking pressure seen in regional markets by keeping to an upward trend over the course of the early session. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/bursa-malaysia039s-rally-pushes-on-amid-regional-profit-taking)
Sibu Customs seizes RM5.126mil in undeclared goods so far this year
https://www.thestar.com.my/news/nation/2024/05/17/sibu-customs-seizes-rm5126mil-in-undeclared-goods-so-far-this-year
https://www.thestar.com.my/news/nation/2024/05/17/sibu-customs-seizes-rm5126mil-in-undeclared-goods-so-far-this-year
The Star
Sibu Customs seizes RM5.126mil in undeclared goods so far this year
SIBU: The Customs Department seized undeclared goods worth RM5.126mil, including taxes and duties, in Sibu from January to May 10 this year.
CBT cases involving lawyers on the rise, says CCID director
https://www.thestar.com.my/news/nation/2024/05/17/cbt-cases-involving-lawyers-on-the-rise-says-ccid-director
https://www.thestar.com.my/news/nation/2024/05/17/cbt-cases-involving-lawyers-on-the-rise-says-ccid-director
The Star
CBT cases involving lawyers on the rise, says CCID director
KUALA LUMPUR: A total of RM19mil in losses have been recorded in 22 criminal breach of trust (CBT) cases involving lawyers this year, says Comm Datuk Seri Ramli Mohamed Yoosuf.
Maxis posts strong 1Q net profit of RM353mil
https://www.thestar.com.my/business/business-news/2024/05/17/maxis-posts-strong-1q-with-net-profit-of-rm353mil
KUALA LUMPUR: Maxis Bhd is guiding for a low single-digit increase in service revenue in 2024 while earnings before interest, tax, depreciation and amortisation (Ebitda) is expected to remain unchanged. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/maxis-posts-strong-1q-with-net-profit-of-rm353mil)
https://www.thestar.com.my/business/business-news/2024/05/17/maxis-posts-strong-1q-with-net-profit-of-rm353mil
KUALA LUMPUR: Maxis Bhd is guiding for a low single-digit increase in service revenue in 2024 while earnings before interest, tax, depreciation and amortisation (Ebitda) is expected to remain unchanged. Read full story (https://www.thestar.com.my/business/business-news/2024/05/17/maxis-posts-strong-1q-with-net-profit-of-rm353mil)
Ulu Tiram police station attack: Cops step up patrols and surveillance
https://www.thestar.com.my/news/nation/2024/05/17/ulu-tiram-police-station-attack-cops-step-up-patrols-and-surveillance
https://www.thestar.com.my/news/nation/2024/05/17/ulu-tiram-police-station-attack-cops-step-up-patrols-and-surveillance
The Star
Ulu Tiram police station attack: Cops step up patrols and surveillance
JOHOR BARU: Patrols and surveillance will be increased around the Johor Palace and police stations following the attack at Ulu Tiram, says Tan Sri Razarudin Husain.
Woman jailed for using dead daughter's details to help a foreigner obtain MyKad
https://www.thestar.com.my/news/nation/2024/05/17/woman-jailed-for-using-dead-daughter039s-details-to-help-a-foreigner-obtain-mykad
https://www.thestar.com.my/news/nation/2024/05/17/woman-jailed-for-using-dead-daughter039s-details-to-help-a-foreigner-obtain-mykad
The Star
Woman jailed for using dead daughter's details to help a foreigner obtain MyKad
KOTA KINABALU: A woman has been jailed three years for using her deceased daughter’s identification information to help a foreigner get a MyKad 10 years ago.
Ah Long syndicate busted, four arrested in police raid
https://www.thestar.com.my/news/nation/2024/05/17/ah-long-syndicate-busted-four-arrested-in-police-raid
https://www.thestar.com.my/news/nation/2024/05/17/ah-long-syndicate-busted-four-arrested-in-police-raid
The Star
Ah Long syndicate busted, four arrested in police raid
KUALA LUMPUR: Three local men and a Vietnamese woman were detained following a raid on an Ah Long operation centre in Rawang.
Perikatan Youth claims unwanted 'connection' in plans to privatise MAHB
https://www.thestar.com.my/news/nation/2024/05/17/perikatan-youth-claims-unwanted-039connection039-in-plans-to-privatise-mahb
https://www.thestar.com.my/news/nation/2024/05/17/perikatan-youth-claims-unwanted-039connection039-in-plans-to-privatise-mahb
The Star
Perikatan Youth claims unwanted 'connection' in plans to privatise MAHB
PETALING JAYA: Perikatan Nasional Youth is claiming plans to privatise Malaysia Airports Holding Bhd (MAHB) via a consortium that includes New York-based investment fund Global Infrastructure Partners (GIP) involves links with Israel.
Ulu Tiram police station attack: Avoid sharing unverified info, says Fahmi
https://www.thestar.com.my/news/nation/2024/05/17/ulu-tiram-police-station-attack-avoid-sharing-unverified-info-says-fahmi
https://www.thestar.com.my/news/nation/2024/05/17/ulu-tiram-police-station-attack-avoid-sharing-unverified-info-says-fahmi
The Star
Ulu Tiram police station attack: Avoid sharing unverified info, says Fahmi
KOTA KINABALU: The public, particularly internet users, are urged to refrain from sharing unverified information concerning the early morning attack on the Ulu Tiram police station in Johor on Friday (May 17), says Fahmi Fadzil.