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Contractor told to stop work after tragedy

PETALING JAYA: The developer of a construction project in Bandar Baru Bukit Raja, Klang, has been issued with an immediate stop-work order following a piling machine tragedy at the site where a couple were killed when the machine collapsed on their car.


Management a key factor in purchase consideration

REMEMBER how we used to select our mobile phones before the emergence of smart phones?


D’nonce in the limelight

DESPITE D’nonce Technology Bhd’s loss-making financial performance this year, the group is drawing interest from integrated poultry and egg player Lay Hong Bhd, for its packaging division, list of properties and the potential for some form of merger and acquisition. Out of D’nonce’s list of 16 properties, some 10 of them are factories.


Cash aid vital to help school

Et cetera - By Sharon Ling THE fire that swept through the hall of SMK St Teresa last Saturday evening came as a shock to me and fellow Teresians.


Upset traders resist eviction order

BUTTERWORTH: The clock is ticking for eatery operator Abdul Nazier Abdul Razak whose food stall along Jalan Mak Mandin here is facing demolition.


Berkshire profit falls 24%, keeps $22bil Wells Fargo stake

NEW YORK: Berkshire Hathaway Inc on Friday said third-quarter profit dropped 24 percent from a year earlier, when it recorded a large one-time gain, but acquisitions helped boost operating profit at the conglomerate run by billionaire Warren Buffett.

Corporate News

Boustead group to supply four mission ships to the Navy

KUALA LUMPUR: Boustead Holdings Bhd's subsidiary Boustead Naval Shipyard Sdn Bhd (BN Shipyard) has received a non-binding letter of intent for the supply of four littoral mission ships for the Royal Malaysian Navy.


Philippines steps up security after U.S. warns citizens of kidnap threat

MANILA (Reuters) - Philippine police have stepped up security on the holiday island of Cebu, the president's spokesman said on Friday, after the U.S. embassy warned its citizens that "terrorist" groups could be planning kidnappings there.


Death of Australian Hughes ruled 'tragic accident'

SYDNEY (Reuters) - The death of Australian batsman Phillip Hughes was a "tragic accident" and not a result of a failure to enforce the rules of the game or inadequate safety equipment, the New South Wales (NSW) Coroner's Court ruled on Friday.


Malaysia's exports to pick up to 2.3% in 2017

KUALA LUMPUR: Malaysia's exports are expected to pick and expand at 2.3% in 2017 from the growth of 1.6% this year and 1.8% last year, according to RHB Research Institute as the global economy shows some signs of recovery.