Latest news with #RM541
The Sun
21-07-2025
- The Sun
Unapproved cosmetic products seized in Kuala Lumpur raids
KUALA LUMPUR: Various cosmetic products and food supplements lacking approval from the Ministry of Health (MOH) were seized during raids on two premises in Segambut. The items, intended for online sale via social media platforms, were discovered in an operation led by Bukit Aman's Internal Security and Public Order Department (KDNKA). Director Datuk Seri Azmi Abu Kassim stated that the first raid resulted in the arrest of a 40-year-old man, believed to be the premises owner, along with two foreign women aged between 28 and 30. Authorities confiscated 1,972 boxes and 2,551 bottles of unapproved products. 'The suspect then led enforcement officers to another location, where an additional 180 boxes and 895 bottles of non-compliant items were seized. The total estimated value of the confiscated goods is RM185,515,' Azmi said in a statement. The operation was conducted in collaboration with MOH and Kuala Lumpur City Hall (DBKL) officers. Investigations are ongoing under Regulations 18A and 7(1)(a) of the Control of Drugs and Cosmetics Regulations 1984. Azmi also revealed broader enforcement efforts, noting that from January to July 16, police conducted 167 raids, arresting 300 individuals for offences including smuggling, illegal trade of controlled goods, and wildlife trafficking. The total seizure value during this period exceeded RM541 million. 'We will continue to strengthen intelligence and operations to curb such illegal activities, ensuring public safety and welfare,' he added. - Bernama
The Star
20-07-2025
- The Star
Cops seize over half a million ringgit worth of cosmetics, supplements
KUALA LUMPUR: Various types of cosmetic products and food supplements without approval from the Health Ministry, stored for online sale on social media platforms, have been seized in two raids in Segambut on Wednesday (July 16). Bukit Aman internal security and public order department director Datuk Seri Azmi Abu Kassim said that in the first raid, they arrested a man and two foreign women, aged from 28 to 30, and seized 1,972 boxes and 2,551 bottles of various types of cosmetic products and food supplements. "A 40-year-old man, who is also the premises owner, then led police personnel to another residence, where we found 180 boxes and 895 bottles of various types of cosmetic products and food supplements without ministry approval, with the total value of the seizure estimated at RM185,515," he said in a statement on Sunday (July 20). He said the operation also involved enforcement officers from the Health Ministry and Kuala Lumpur City Hall (DBKL), adding that the cases are being investigated under Regulations 18A and 7(1)(a) of the Control of Drugs and Cosmetics Regulations 1984. Meanwhile, Azmi said that from January to July 16, police carried out 167 raids and arrested 300 people for various offences, including smuggling undeclared goods, leakage of controlled and subsidised goods, sale of imitation weapons, wildlife smuggling and e-waste operations. "The total value of the seizures during that period is estimated at RM541,033,501. We will intensify intelligence-gathering and operations to combat these activities for the safety and welfare of the public," he said. – Bernama
Malay Mail
24-04-2025
- Business
- Malay Mail
Boeing CEO confirms China aircraft delivery halt due to trade war
NEW YORK, April 24 — Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China trade war, as the company's shares surged following a smaller than expected loss. In a televised interview with CNBC, Boeing Chief Executive Kelly Ortberg said Chinese customers had 'stopped taking delivery of aircraft due to the tariff environment,' adding that if the halt continued, the aviation giant would soon market the jets to other carriers. President Donald Trump's trade conflicts with China and other countries loom as a question mark for Boeing, a major US exporter, despite Wednesday's solid results. Boeing had planned to deliver around 50 aircraft to China in 2025, said Ortberg, adding that the company wouldn't 'wait too long' to send the jets to other customers. 'I'm not going to let this derail the recovery of our company, so we'll give the customers an opportunity if they want to take the airplanes,' Ortberg said. 'That's what we prefer to do. But if not, we're gonna remarket those airplanes.' The comments came as Trump and top administration officials have, over the last day, spoken more optimistically about a trade accord with China. But Treasury Secretary Scott Bessent told reporters Wednesday that Washington is 'not yet' speaking with Beijing on tariffs. Boeing's engagement with the White House on trade has been 'very dynamic,' Ortberg said on a conference call with analysts. 'I can't predict' the course of trade talks, Ortberg said. 'We do hear signs that indicate that there will be negotiated settlements... I just don't know the timing.' A priority is 'to make sure we don't see more countries in a similar boat as where we are with China,' Ortberg said. Boeing downplayed the impact of Trump's tariffs, saying steel and aluminum make up only one or two per cent of aircraft costs, with most of the raw material supplied domestically anyway. Under a US duty drawback program, Boeing can recover custom duties on certain goods when they export the taxed item. Smaller loss The aviation giant reported a loss of US$123 million (RM541 million) in the first quarter, smaller than the US$343 million loss in the year-ago period. Revenues rose 18 per cent to US$19.5 billion. In its earnings release, Boeing confirmed targets to raise commercial plane production as it bolsters its safety efforts following deadly crashes and other major incidents. The company reaffirmed that production of its 737 MAX will hit 38 per month in 2025, while output of the 787 Dreamliner will climb to seven per month from five per month. Boeing said it still expects first delivery of the 777-9 in 2026. Boeing also reported a cash burn of US$2.3 billion, 'much better' than the expected US$3.7 billion hit to free cash flow, according to analysts at TD Cowen. Boeing on Tuesday announced plans to sell portions of its digital aviation solutions business to software-focused investment firm Thoma Bravo for US$10.6 billion as it seeks to bolster its financial position. Ortberg told analysts that he is considering some other divestments of assets 'smaller' than those in the Thoma Bravo deal, which includes Jeppesen, an 81-year-old aviation navigation company. Ortberg joined Boeing last summer following a leadership shakeup in the wake of a January 2024 Alaska Airlines flight that made an emergency landing after a panel blew out mid-flight. Before that, there were deadly plane crashes on the 737 MAX in 2018 and 2019 in Indonesia and Ethiopia. To win back the confidence of lawmakers and customers, Boeing has been implementing quality control enhancements under close scrutiny of federal regulators. 'Our company is moving in the right direction as we start to see improved operational performance across our businesses from our ongoing focus on safety and quality,' Ortberg said in a press release. Boeing led the Dow index Wednesday, rising six per cent. — AFP
