Latest news with #500
Qatar Tribune
8 hours ago
- Automotive
- Qatar Tribune
LIC racing ahead with Formula 1 Qatar Grand Prix preparations
Tribune News Network Doha Lusail International Circuit (LIC) continues its preparations to host the Formula 1 Qatar Airways Grand Prix (Qatar Grand Prix), which will be held from November 28 to 30, 2025. In a statement on Tuesday, LIC announced that tickets for the main grandstand have sold out, with unprecedented demand for the race events, reflecting its growing status as one of the region's most prominent sporting events. Although the Main Grandstand tickets are sold out, there are still great opportunities to watch the race from exceptional locations, such as the North Grandstand for a great view of the race start and the exciting competition towards the first turn. The tickets for North Grandstand, located along the Main Straight just left of the Main Grandstand, is available at QR1,500, providing dramatic views of the race start and the high-speed run into Turn 1. Those looking for a vantage point on some of Lusail's signature corners still have time to secure seats in the Turn 2, Turn 3, and Turn 16 Grandstands, each priced at QR1,000, offering up-close views of the intense braking zones and wheel-to-wheel moments across the 16-turn circuit. For fans seeking a more relaxed experience with open views, General Admission – Lusail Hill tickets are available at QR600 for all three days or starting from QR200 for a single day. These tickets offer an enjoyable and exceptional-value experience for race enthusiasts of all ages. page 14
The Star
10 hours ago
- Business
- The Star
Sarawak Plantation eyes long-term expansion
Phillip Capital Research maintains its projection of CPO growth to be at 15% y-o-y to 122,000 tonnes in 2025. PETALING JAYA: Phillip Capital Research is positive on Sarawak Plantation Bhd 's medium-to-long-term prospects, underpinned by improving yields, disciplined cost control and sustained replanting efforts that are beginning to bear fruit. 'We project the company's fresh fruit bunch (FFB) production to rise to 378,000 tonnes in 2025, an increase of 12% year-on-year (y-o-y), supported by improving yields as more palms enter their prime age and about 1,100 ha of newly matured areas come into production. 'Management remains confident in its growth outlook, targeting more than 420,000 tonnes by 2026 and more than 550,000 tonnes by 2029, underpinned by a more favourable age profile, better field practices and continued mechanisation gains,' the research house said. Replanting efforts over recent years are also starting to bear fruit through improved productivity. While the group has revised its 2025 FFB guidance to 380,000 tonnes (from 400,000 tonnes) due to wetter-than-expected conditions in the first quarter of financial year 2025 (1Q25), crude palm oil (CPO) output is expected to remain flat y-o-y, supported by steady external FFB volumes. 'We expect a sequential recovery in 2Q25, in line with seasonal trends (year-to-date May FFB stood at 131,000 tonnes, a 7.9% rise y-o-y). 'We maintain our projection of CPO growth to be at 15% y-o-y to 122,000 tonnes in 2025.' Overall, the CPO unit cost of own crops is expected to fall to RM2,400 to RM2,500 per tonne in 2025, from RM2,800 per tonne in 2024 and RM2,300 per tonne in 2026, supported by volume recovery and a higher internal FFB share. 'While the February 2025 minimum wage hike is expected to raise labour costs by 3% to 4%, field efficiencies and disciplined cost control are expected to preserve margins. Fertiliser cost pressure remains manageable, with mixed price trends across key input types,' the research house noted. Phillip Capital is maintaining its 'buy' rating with an unchanged target price of RM2.88, based on nine times 2026 earnings per share, in line with small-cap upstream peers. 'Key downside risks include lower-than-expected production and palm product prices, cost inflation and regulatory headwinds,' the research house added.
The Star
15 hours ago
- Business
- The Star
PJ school's gala fundraiser to celebrate past, empower future
Chew (front row, second from right) with the SMK Assunta Governors' Ball organising committee. SMK Assunta's board of governors is organising the school's first-ever Governors' Ball, a black-tie fundraising gala set for Aug 10 at Majestic Hotel Kuala Lumpur. The event aims to reconnect the wider Assunta community, including alumni, teachers, parents and long-time supporters for an evening of celebration and philanthropy. 'This event is not just about raising funds, it is really about celebrating the values that have defined Assunta for generations: integrity, service and unity,' said board chairman Datuk Kathleen Chew. 'We invite all who have been part of the Assunta story, to come together for a night to remember and to give back to the school that gave so much to us,' she said. All proceeds from the evening will go to the board's account and will be used to support structural repairs, school improvement works and long-term development projects. The fundraising dinner at 7pm will begin with cocktails at 6pm. Only full tables will be sold for the dinner, with donation tiers set at RM3,500 (bronze), RM5,000 (silver), RM8,000 (gold) and RM10,000 (platinum). There are 80 tables available for the gala dinner. In addition to table contributions, the board welcomes cash sponsorships and lucky draw prizes. The deadline for bookings and sponsorship confirmations is July 24. For details, call 016-260 8000 or 012-216 7181.
The Sun
19 hours ago
- The Sun
Penang police arrest four men with RM53,500 drugs in Seberang Jaya, Gurun
BUKIT MERTAJAM: Penang police have dismantled a drug distribution syndicate following the arrest of four men and the seizure of narcotics worth RM53,500 in raids across Seberang Jaya and Gurun, Kedah. Acting state police chief Datuk Mohd Alwi Zainal Abidin said the operation, conducted by the Narcotics Criminal Investigation Department (NCID), took place between 4 pm on Sunday and 5 am yesterday. The suspects, aged between 32 and 61, were detained in separate locations. In the first raid, three men were apprehended in a parking lot in Seberang Jaya. A search of their vehicle uncovered two canvas bags containing 10 packets of compressed ganja leaves weighing 9,920 grams. A follow-up operation in Gurun led to the arrest of another suspect. Police found a sack with seven packets of suspected ganja (6,995 grams), four packets of heroin (30.34 grams), and three packets of methamphetamine (3.45 grams). Mohd Alwi stated that the syndicate sourced its supply from regional drug networks, repackaging and distributing the narcotics in Penang since May. The seized drugs could potentially supply 35,000 addicts. All suspects have been remanded for seven days under Section 39B of the Dangerous Drugs Act 1952. - Bernama
Barnama
19 hours ago
- Barnama
Penang Police Arrest Four Men With Drugs Worth Over RM53,000 In Seberang Jaya, Gurun
BUKIT MERTAJAM, July 22 (Bernama) -- Penang police busted a drug distribution syndicate after arresting four men and seizing various types of drugs. worth RM53,500, in raids in Seberang Jaya here and Gurun, Kedah. Its acting chief, Datuk Mohd Alwi Zainal Abidin said a team from the state Narcotics Criminal Investigation Department (NCID) conducted the operation from 4 pm on Sunday to 5 am yesterday, and nabbed four local men, aged between 32 and 61. He said that in the first raid, three men were arrested in a parking lot in Seberang Jaya, and a subsequent search of their car found two canvas bags containing 10 plastic packets of compressed ganja leaves, weighing 9,920 grammes (g), stored in the boot.
