Ahd, Feb

TANGKAK - President and Chief Executive Officer of Pemandu Associates Sdn Bhd, Datuk Seri Idris Jala has the expertise and experience to probe the issue involving Felda Global Ventures Holdings Bhd (FGV).

Minister in the Prime Minister's Department Datuk Paul Low Seng Kuan believed the FGV issue was related to governance adding the FGV board of directors have a duty to ensure accountability.

Asked to comment on the issue, he said "I do not want to comment further. You have to ask them (FGV) what occurred and how they made decisions," he told reporters after opening Tangkak District Drug Rehabilitation Centre at Bukit Kangkar, here today ,

The Exit Centre (drug rehabilitation centre) was built in 2009 and had rehabilitated 71 drug addicts.

On June 6, FGV chairman Tan Sri Isa Samad issued a directive forcing four senior officers to go on leave so that internal auditors could probe the backlog of payments by Afghan-owned company Safitex to Delima Oil Products Sdn Bhd, a subsidiary of FGV.


KUALA LUMPUR - Despite the external and domestic headwinds, Malaysia retained its position among the top 25 competitive nations, coming in 24th out of 63 countries in the World Competitiveness Yearbook 2017 (WCY) published by the Swiss-based Institute for Management Development (IMD).

Even though Malaysia dropped from 19th spot out of 61 countries last year, it improved its score slightly to 83.53 from 83.05 last year.

Herewith, the IMD's WCY top 25 rankings report reproduced by the Malaysia

BEIJING - Nine business agreements were signed here on Sunday between Malaysian and Chinese companies with proposed investments estimated at US$7.22 billion (about RM31.3 billion).

The memoranda of understanding (MoUs) are for various sectors particularly construction, agriculture, stock exchange, infrastructure and port and airport cooperation.

The signing ceremony for the various agreements was witnessed by Prime Minister Datuk Seri Najib Tun Razak.

Most of the projects will be carried out

PUTRAJAYA - The cabotage policy exemption shows that the Government listens to the people's wishes, said Minister in the Prime Minister's Department Datuk Seri Dr Wee Ka Siong.

"In the past two years, whenever I attended dialogues or meetings with small-and-medium enterprises (SME) as well as other associations in Sabah, the question of the cabotage policy kept cropping up.

"I highlighted this to Transport Minister Datuk Seri Liow Tiong Lai, who brought the matter to the Prime Minister," said

BEIJING - China has opened huge opportunities for Malaysian businessmen who want to foster economic cooperation for mutual benefit, said Datuk Seri Najib Tun Razak.

The prime minister said the trust between Malaysia and China is at the highest level making it easier for Malaysian businessmen to foster economic cooperation than ever before.

"The warmth on the part of China seems to open their door as wide as possible," he told Malaysian journalists at the end of the One Belt, One Road Forum

KUALA LUMPUR - Datuk Seri Najib Tun Razak said a rebound in exports of commodities and the electronics & electrical products will help spur the manufacturing sector.

Speaking at the opening of the 19th Asia oil and gas conference, the Prime Minister said gross exports were expected to accelerate at a faster pace of 2.7% this year due to this.

"The economy continues to thrive despite headwinds. Last year, we recorded a GDP growth and the economy is expected to grow between 4.3% and 4.8%

KOTA KINABALU - The cabotage policy exemption from June 1 will enable more entrepreneurs in Sabah to export their products at competitive costs.

Treasury Secretary-General Tan Sri Mohd Irwan Serigar Abdullah said it would also help boost their business potentials through marketing and branding.

"It is a good move. With this announcement, more entrepreneurs, particularly from Sabah, can send their products to Peninsular Malaysia at competitive costs.

"Certain quarters used to complain that

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