PUTRAJAYA, May 7 (NNN-BERNAMA) — The Department of Fisheries Malaysia (DOF) has never issued any deep sea fishing licence to be given, rented or leased to foreigners, its director-general Datuk Munir Mohd Nawi said. “The licence issued by the DOF is only for individuals or local companies,” he said in a statement…

KUALA LUMPUR, May 7 (Bernama) — The High Court here was today told that SRC International Sdn Bhd’s applied for a RM3.95 billion loan from the Retirement Fund (KWAP) when the qualifying limit was only can only RM1 billion. SRC LOAN QUALIFICATION LIMIT WAS ONLY RM1 BILLION 29th Witness at Najib’s SRC…

PUTRAJAYA, May 7 (NNN-BERNAMA) — Former prime minister Datuk Seri Najib Tun Razak failed in his appeal to disqualify former Federal Court judge Datuk Seri Gopal Sri Ram as lead prosecutor in his 1Malaysia Development Bhd (1MDB) cases. Court of Appeal three-member bench comprising Datuk Zabariah Mohd Yusof, Datuk Rhodzariah…

KUALA LUMPUR, May 7 (NNN-BERNAMA) — The judicial sale of luxury yacht Equanimity has been completed with the receipt of the full purchase amount of US $126 million (RM523 million) from Genting Malaysia Bhd (Genting) on April 23. Attorney-General Tommy Thomas said the yacht was handed over to Genting’s subsidiary…

SHAH ALAM (Selangor, Malaysia) May 7 (NNN-BERNAMA) — Dr Shaariibuu Setev, (pix) the father of slain Mongolian Altantuya Shaariibuu, told the High Court here that he has seen the picture of a murdered Mongolian woman together with two men which was produced to the court. Dr Shaariibuu, 69, who is…

KUALA LUMPUR, May 6 (NNN-BERNAMA) — The Malaysia’s King, Yang di-Pertuan Agong, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, and the Queen, Raja Permaisuri Agong, Tunku Azizah Aminah Maimunah Iskandariah, wished Muslims in Malaysia a Happy Ramadan and a blessed fasting month. According to an Istana Negara (royal palace) statement issued…

By By Siti Radziah Hamzah KUALA LUMPUR, May 6 (NNN-BERNAMA) — Finance Minister Lim Guan Eng is confident that Malaysia is on the right track to strengthening the economy and fiscal status by 2021, leading the way to regaining its position as an Asian Tiger. The government intends to reduce…

KUALA LUMPUR, May 6 (NNN-Bernama) — Former General Manager of the Malaysian National News Agency (Bernama) Datuk Syed Jamil Syed Jaafar died at the National Heart Institute (IJN) early today. He was 68. His wife, Datin Haryani Abdul Hamid, when contacted, said Syed Jamil breathed his last at 4 am.…

SERENDAH, May 4 (NNN-Bernama) — Entrepreneurs must always be competitive and willing to accept challenges to explore new markets, whether domestically or at the international level. Entrepreneur Development Minister Datuk Seri Mohd Redzuan Md Yusof said entrepreneurs must also be more transparent when undertaking business activities to reassure the public.…

KUALA LUMPUR, May 5 (NNN-Bernama) — Foreign fund outflow from Bursa Malaysia is expected to persist as international investors are more drawn to other emerging markets, especially China and Thailand, says an analyst. Inter-Pacific Securities Sdn Bhd head of research Pong Teng Siew said this, however, has got nothing to…