Latest news with #RM91mil
The Star
2 days ago
- Politics
- The Star
Justice will prevail in Zara Qairina case, says PM
LARUT: Datuk Seri Anwar Ibrahim has reaffirmed that those responsible for the death of Form One student Zara Qairina Mahathir will be brought to justice, stressing that no individual involved will be allowed to escape accountability. In this regard, the Prime Minister advised certain parties not to manipulate the case in ways that create negative perceptions or resort to insulting specific individuals. "... the government has said the police are investigating, and I have made it clear that it doesn't matter who (is involved), they will be investigated,' he said when officiating the Madani Dairy Entrepreneurs Carnival themed "Driving Modern Agricultural Revolution, Generating People's Economy' at the Farm Fresh Perak Dairy Complex here on Saturday (Aug 16). Also present were Perak Mentri Besar Datuk Seri Saarani Mohamad, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu and Education Minister Fadhlina Sidek. Meanwhile, Anwar said the government would continue efforts to protect the vulnerable, including fishermen and farmers. "That is why every Friday before prayers, I eat at small eateries, because I want to meet the people, I want to ask, is everything okay, do you have enough? "I don't want to wait until election campaigns to visit eateries … I do this every week,' he said. After the event, the Prime Minister also took time to inspect the construction of the new road from Kamunting to Anak Kurau, Larut Matang Selama (LMS) Phase Two, implemented under the Rural Roads Programme (JALB) of the Ministry of Rural and Regional Development (KKDW). The project, approved in 2016 with a total cost of RM91mil, is being carried out by the Public Works Department (JKR) through conventional consultancy, involving the construction of a 6.6km-long new road. It is expected to benefit more than 5,000 residents in the surrounding areas and have a positive impact on agriculture and plantation enterprises along the route, besides improving accessibility and stimulating local economic growth. To date, the project, which is scheduled for full completion on Aug 15, 2026, has achieved 70.5 per cent progress compared to the original 62.6 per cent, ahead of schedule by 59 days.- Bernama
The Star
3 days ago
- Business
- The Star
Heineken eyes opportunities in increased tourism activities
Heineken Malaysia managing director Martijn van Keulen PETALING JAYA: Heineken Malaysia Bhd is eyeing opportunities from the increased tourism activities in the country, despite concerns on soft consumer sentiment for the time being. Its managing director Martijn van Keulen in the presentation of the company's 2Q financial performance said its results were mainly due to weaker consumer sentiment, which was in part affected by the continued external trade situation. 'The geopolitical situation is not helping especially with the talk on US-tariffs. Consumers are slowing down on the amount of money they're willing to spend on luxury items. The first half was rife with some challenges - the strong Chinese New Year season this had started strongly but the consumer sentiment faded a little bit in March to May. "Hopefully we will see consumer confidence returning eventually,' Martijn said. Its finance director Jana Martine Hanneman said while the situation was difficult with the struggling consumer sentiment, the company was committed to sustaining a dividend payout. 'There was a slowdown in the consumer sentiment in the first half and the weaker consumer sentiment had hit us in our results - but despite this we are invested in the long term future of our company,' she said. In 2QFY25, Heineken recorded a revenue of RM540mil which is a 5% year-on-year decrease compared to 2024 which the company says reflects a more cautious consumer sentiment. The group's net profit decreased by 9% to RM83mil in the said quarter from RM91mil in the same quarter a year earlier. This was affected by the softer revenue and increased cost pressures, Heineken said.
