Author: Bernama

Speculative car bookings, cancellations over the next 9 months

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) foresees unnecessary issues over the next nine months in the automotive sector with a rise in speculative bookings until end-Jun 2022 followed with cancellations until end-Mar 2023.  In a research note today, analyst Liaw Thong Jung said the bank also foresees the situation to give rise to issues

Floods in Bangladesh kill 36, spread waterborne diseases

DHAKA: Floods that swept across most of Bangladesh’s low-lying areas due to heavy rains have killed at least 36 people and spread waterborne diseases in the affected regions, with calls mounting for food and potable water, reported Anadolu Agency. The deaths were mainly due to diarrhea, snake bites, drowning, landslides

MSC want national sepak takraw squad to go all out in Bangkok

KUALA LUMPUR: On paper it may seem difficult, but it is not an impossible mission. Although Thailand are a world sepak takraw superpower, the national men’s squad must give a tough fight at the King of Thailand Cup Championship in Bangkok from July 24 to 31. Malaysian Sepaktakraw Confederation (MSC)

APAC economy continues to show resilience in face of inflation

KUALA LUMPUR: The economy of the Asia-Pacific (APAC) region continues to show resilience in the face of inflation caused by sanctions on Russia, goods and commodities shortages after the invasion of Ukraine, as well as local shutdowns in China due to the republic’s zero-COVID policy. Moody’s Analytics in a note

MEASAT-3d to complement telcos in providing high-speed broadband nationwide

KUALA LUMPUR: The MEASAT-3d satellite, set to be launched tomorrow, will complement the local telcos’ provision of high-speed broadband connectivity across the country, especially in rural and remote areas. Universiti Teknologi Malaysia (UTM) adjunct professor from the Razak Faculty of Technology and Informatics Dr Tharek Abd Rahman said it is very costly

Seoul to provide transportation fee subsidies to pregnant women

SEOUL: The Seoul city government will grant pregnant women living in the city 700,000 won (US$540) each in transportation cost subsidies starting next month, officials said today. Pregnant women who have officially resided in the city more than six months can apply for the grant, Yonhap news agency reported. The

World’s largest freshwater fish found, released in Cambodia’s Mekong River

PHNOM PENH: The world’s largest freshwater fish, a 300-kg giant stingray, has been found near a remote island in the Mekong River in northeast Cambodia’s Stung Treng province, reported Xinhua. According to a Wonders of the Mekong’s press statement released late on Monday, the record-breaking stingray, which measured almost 4m

MINDEF aims to start gardens at military camps to ensure food security

TAMPIN: The Defence Ministry (MINDEF) aims to create vegetable gardens at every military camp throughout the country to ensure food security, especially for the needs of military personnel. Senior Defence Minister Datuk Seri Hishammuddin Tun Hussein said for the initial stage, Syed Sirajuddin Camp in Gemas here has been selected

Ecoscience aims to raise RM24.7 mln from IPO

KUALA LUMPUR: Ecoscience International Bhd (Ecoscience), an integrated palm oil milling services provider en route to a listing on Bursa Malaysia’s ACE Market on July 18, aims to raise RM24.7 million from its initial public offering (IPO). Its business development director Thing Jin Suan said out of the total proceeds, the company

Corpay declares new collaboration with PracBiz

KUALA LUMPUR: Corpay, a FLEETCOR® brand and global leader in business payments, has announced new collaboration with PracBiz Pte Ltd (PracBiz), the owner and operator of the B2B Digital Supply Chain Platform, PracBiz Exchange (PBX). “We’re incredibly excited about our new partnership with PracBiz. I am confident that companies that