Latest news with #RM141
New Straits Times
20-07-2025
- Sport
- New Straits Times
Zahid hails Pearly-Thinaah, Sze Fei-Izzuddin's fighting spirit after Japan Open run
KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi congratulated national doubles pair Pearly Tan-M. Thinaah and Goh Sze Fei-Nur Izzuddin Rumsani for finishing runners-up in the women's and men's events, respectively, at the 2025 Japan Open badminton championships. Ahmad Zahid described the fighting spirit, high discipline and strong determination shown by the two pairs as a source of inspiration for all Malaysians. "Continue to move forward, keep fighting. Don't ever feel afraid or retreat. Every drop of sweat paves the way to even greater success. "We all stand firmly behind you. For the country, for Malaysia!" he posted on Facebook. In today's Japan Open finals, Pearly-Thinaah emerged as runners-up after losing 5-21, 14-21 to world number one Liu Sheng Shu-Tan Ning of China. Sze Fei-Nur Izzuddin, meanwhile, went down 16-21, 17-21 to South Korea's Kim Won Ho-Seo Seung Jae. As runners-up, each Malaysian pair took home USD33,250 (RM141,000). – BERNAMA
The Sun
20-07-2025
- Sport
- The Sun
Ahmad Zahid congratules Pearly-Thinaah, Sze Fei-Nur Izzuddin for runner-up finishes
Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has lauded national badminton pairs Pearly Tan-M. Thinaah and Goh Sze Fei-Nur Izzuddin Rumsani for their runner-up finishes at the 2025 Japan Open. Ahmad Zahid commended their fighting spirit, discipline, and determination, calling them an inspiration for Malaysians. 'Continue to move forward, keep fighting. Don't ever feel afraid or retreat. Every drop of sweat paves the way to even greater success,' he said in a Facebook post. In the finals, Pearly-Thinaah fell to China's world number one pair Liu Sheng Shu-Tan Ning with scores of 5-21, 14-21. Meanwhile, Sze Fei-Nur Izzuddin lost 16-21, 17-21 to South Korea's Kim Won Ho-Seo Seung Jae. Both Malaysian pairs earned USD33,250 (RM141,000) as runners-up. - Bernama Gold medallists China's Liu Shengshu and Tan Ning and silver medallists Malaysia's Pearly Tan and Thinaah Muralithara pose on the podium after their women's doubles final match on the final day of the Japan Open badminton tournament at Tokyo Gymnasium in Tokyo on July 20, 2025. - Yuichi YAMAZAKI / AFP
New Straits Times
25-06-2025
- Business
- New Straits Times
Highway probe: RM11mil misappropriated converted into digital currency [WATCH]
PUTRAJAYA: In a new development, at least RM11 million in misappropriated sukuk funds meant for a highway extension project was converted into digital currency. Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki said the digital currency was then used for undisclosed purposes. "We are now tracing how the funds were withdrawn and used," he told reporters today. He said the money is believed to have been siphoned from sukuk funds and spent via digital means, which is now under detailed investigation. "Further investigations are ongoing, including examining the connections between these transactions and several other witnesses," he said, adding that at least 10 more people will be called soon as the probe continues actively. Azam said to date, the MACC has recorded statements from 55 individuals and made nine arrests. "A number of raids have also been carried out, including at the suspect's residence. "In total, 14 individual bank accounts and eight company accounts have been frozen, involving funds amounting to RM156 million," he said, adding that the investigation is being conducted under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001. He said the probe also involves embezzlement activities linked to unlicensed alcohol and gambling, believed to involve RM25 million from the misappropriated sukuk funds. "We expect to complete the investigation within two months, possibly earlier. "We will provide updates as needed," he added. Earlier, it was reported that around 20 witnesses would be called by the MACC as part of its ongoing investigation into the alleged misappropriation of sukuk funds meant for the construction of a highway in the Klang Valley. This includes recalling witnesses who had previously given statements to gather further information on the fund, which is worth millions of ringgit. The investigation team is scrutinising various documents, including bank records, and recording statements from bank personnel to verify the contents of those records. So far, the MACC has seized RM141 million worth of assets in Malaysia linked to the case and is currently tracking RM15 million in foreign assets.
The Sun
22-06-2025
- Business
- The Sun
Kedah records investments totalling RM4.2 billion in 1Q 2025
ALOR SETAR: Kedah recorded RM4.2 billion in investments in the first quarter of this year (1Q 2025), which is expected to generate over 1,400 job opportunities. Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor said the manufacturing sector accounted for the largest share with RM3.9 billion in investments -- the third highest among Malaysian states during the same period. 'The high-value manufacturing sector is expected to continue growing strongly despite the current geopolitical and economic uncertainties. 'This growth is being driven by the development of Phase 4A and Phase 5 of the Kulim Hi-Tech Park, the Kulim Industrial Corridor, and new industrial areas such as the Kedah Rubber City and the Kedah Science Technology Park,' he said. He was speaking at the investiture ceremony in conjunction with the 83rd birthday celebration of the Sultan of Kedah, Al-Aminul Karim Sultan Sallehuddin Sultan Badlishah, at Istana Anak Bukit here today. According to Muhammad Sanusi, investors' willingness to invest in Kedah was a manifestation of the stability, transparency, and effectiveness of the state government's policies. Meanwhile, he said the development of the Border Town Corridor has shown positive progress, particularly with the opening of the Inland Clearance Depot (ICD), a logistics hub at the Delapan Special Border Economic Zone in Bukit Kayu Hitam. He said the hub is capable of attracting additional container traffic estimated at 240,000 twenty-foot equivalent units (TEUs) from southern Thailand, potentially contributing up to RM843 million annually to Kedah's gross domestic product. 'This border town development is further supported by the construction of a connecting road between the Bukit Kayu Hitam Immigration, Customs, Quarantine and Security Complex and the Sadao Customs, Immigration and Quarantine Complex in Thailand, which is expected to be completed by September. 'This strategic infrastructure is projected to boost the Malaysia–Thailand bilateral trade from RM117 billion in 2023 to RM141 billion by 2027, benefiting Kedah through increased cross-border economic activities,' he said. Additionally, Muhammad Sanusi said that the state recorded 1.5 million tourist arrivals in 1Q 2025 through ongoing promotional efforts in conjunction with the Visit Kedah Year 2025. 'I am confident that the target of seven million tourists can be achieved through the 170 programmes outlined in the Visit Kedah 2025 calendar of events, including 45 major events that will feature elements of sports, gastronomy, technology, and spirituality,' he added.
The Sun
22-06-2025
- Business
- The Sun
Kedah records investments totalling RM4.2b in 1Q 2025
ALOR SETAR: Kedah recorded RM4.2 billion in investments in the first quarter of this year (1Q 2025), which is expected to generate over 1,400 job opportunities. Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor said the manufacturing sector accounted for the largest share with RM3.9 billion in investments -- the third highest among Malaysian states during the same period. 'The high-value manufacturing sector is expected to continue growing strongly despite the current geopolitical and economic uncertainties. 'This growth is being driven by the development of Phase 4A and Phase 5 of the Kulim Hi-Tech Park, the Kulim Industrial Corridor, and new industrial areas such as the Kedah Rubber City and the Kedah Science Technology Park,' he said. He was speaking at the investiture ceremony in conjunction with the 83rd birthday celebration of the Sultan of Kedah, Al-Aminul Karim Sultan Sallehuddin Sultan Badlishah, at Istana Anak Bukit here today. According to Muhammad Sanusi, investors' willingness to invest in Kedah was a manifestation of the stability, transparency, and effectiveness of the state government's policies. Meanwhile, he said the development of the Border Town Corridor has shown positive progress, particularly with the opening of the Inland Clearance Depot (ICD), a logistics hub at the Delapan Special Border Economic Zone in Bukit Kayu Hitam. He said the hub is capable of attracting additional container traffic estimated at 240,000 twenty-foot equivalent units (TEUs) from southern Thailand, potentially contributing up to RM843 million annually to Kedah's gross domestic product. 'This border town development is further supported by the construction of a connecting road between the Bukit Kayu Hitam Immigration, Customs, Quarantine and Security Complex and the Sadao Customs, Immigration and Quarantine Complex in Thailand, which is expected to be completed by September. 'This strategic infrastructure is projected to boost the Malaysia–Thailand bilateral trade from RM117 billion in 2023 to RM141 billion by 2027, benefiting Kedah through increased cross-border economic activities,' he said. Additionally, Muhammad Sanusi said that the state recorded 1.5 million tourist arrivals in 1Q 2025 through ongoing promotional efforts in conjunction with the Visit Kedah Year 2025. 'I am confident that the target of seven million tourists can be achieved through the 170 programmes outlined in the Visit Kedah 2025 calendar of events, including 45 major events that will feature elements of sports, gastronomy, technology, and spirituality,' he added.
