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Educationist's resignation a big surprise
VETERAN Chinese educationist and retired schoolteacher, Loot Ting Yee, announced his resignation from Jiao Zong, a Chinese education watchdog body of which he had been deputy chairman since 1964.
Hambali plotted terror campaign
Hambali, the operations director for Osama bin Laden#8217;s al-Qaeda terrorist movement, is on the run, but for over 10 years he was in Malaysia planning and recruiting like-minded radicals for his campaign of terror to hit Western targets in South-East Asia. Malaysian police have collected new information on Hambali and his involvement in Jemaah Islamiah in their continuing war against terrorism, write WONG CHUN WAI and LOURDES CHARLES.
RHB restructures borrowings
RASHID Hussain Bhd (RHB) has successfully completed the restructuring of its short-term borrowings totalling RM840mil into facilities with longer term maturities comprising RM280mil revolving credit facilities with tenures of three years, RM200mil bank guaranteed bonds with tenures of 5 years and RM360mil term loan facilities with tenures of seven years.
Tasek appoints ex-banker MD
FORMER banker Teo Tong Kooi has been appointed managing director of cement manufacturer Tasek Corp Bhd with effect from yesterday.
Arroyo's justice minister resigns
B>MANILA:/BPhilippine Justice Secretary Hernando Perez resigned yesterday after being hounded by allegations of corruption, President Gloria Arroyo#8217;s spokesman said.
Airlines set to raise international fares
Major airlines, under the pressure of spiralling fuel cost and a major increase in insurance premiums in recent months, are expected to raise their international fares between 3% and 5%.
The year that was - 2002
YEAR 2002 was clearly one of many misses for the local stock market.
BAM finally accept Zolkples’ resignation
The Badminton Association of Malaysia (BAM) have finally accepted the resignation of their secretary, Zolkples Embong.
BHP Billiton CEO makes surprise exit
The world#8217;s largest diversified mining group, BHP Billiton Ltd/Plc, announced the surprise resignation of chief executive Brian Gilbertson yesterday, citing #8220;irreconcilable differences#8221; with the board. Its executive director Chip Goodyear, known for his rigorous financial analysis, was appointed as the new CEO with immediate effect.
PM yet to accept Ling's undated resignation letter submitted in August
MCA president Datuk Seri Dr Ling Liong Sik submitted an undated resignation letter to Prime Minister Datuk Seri Dr Mahathir Mohamad on Aug 15 last year, but his offer to quit has not been accepted so far.
