Latest news with #postponement

Malay Mail
13 hours ago
- Business
- Malay Mail
Nearly one million users to save RM1,600 annually, says works minister after toll hikes postponed for 10 highways
KUALA LUMPUR, July 29 — Nearly one million users are expected to feel a significant impact following the postponement of toll rate hikes at 10 highways, due to a substantial gap between the current toll rates paid by users and the rates stipulated in concession agreements. Works Minister Datuk Seri Alexander Nanta Linggi said the quantum of increase for Class 1 vehicles, as set out in the concession agreements for the 10 affected highways, ranges between 50 sen and RM4.56, equivalent to a 79 to 83 per cent hike. For instance, he said Class 1 vehicle users passing through the Kuala Lumpur–Putrajaya Expressway (MEX) Toll Plaza will save RM6.80 for a round trip. This is because the toll rate under the concession agreement for 2025 is RM6.90, but the current toll rate is being maintained at RM3.50 per one-way trip, he added. 'If this saving is multiplied over 20 days, or a typical month's usage, or 240 days in a year, the user will save RM136 a month or RM1,632 annually,' he said during the Minister's Question Time in the Dewan Rakyat today. He was responding to a question from Datuk Seri Sh Mohmed Puzi Sh Ali (BN–Pekan) on the implications for highway users if the government had not postponed the toll rate increase for 2025. On July 23, Prime Minister Datuk Seri Anwar Ibrahim, in an 'announcement of appreciation for Malaysians', said the government had agreed to postpone the toll rate hikes for 10 highways so that the public could continue to enjoy existing rates. The affected highways include the MEX Expressway, South Klang Valley Expressway (SKVE), Senai–Desaru Expressway (SDE), Duta–Ulu Kelang Expressway (DUKE) and Kuala Lumpur–Kuala Selangor Expressway (LATAR). Meanwhile, to a supplementary question from Datuk Che Mohamad Zulkifly Jusoh (PN–Besut), who asked why tolls in Malaysia are not abolished altogether, Nanta said it is not easy to abolish tolls, as the government would need substantial funding, including for maintenance works, which could run into billions of ringgit. He said such funds could otherwise be channelled to other purposes, including for the people in states without highways. 'However, once the concession companies have reached their return on investment (ROI), the current toll rates, which are said to be burdensome, can be reduced. That would be a more practical and realistic approach,' he said. — Bernama


Free Malaysia Today
7 days ago
- Business
- Free Malaysia Today
Selangor prepared to postpone parking scheme, says exco man
Selangor local government executive councillor Ng Suee Lim said there is still time for the state government to review and resolve the issues raised by various quarters over the parking scheme. (Bernama pic) PETALING JAYA : The Selangor government is prepared to postpone the introduction of the Smart Intelligent Parking (SIP) system, which would see a private company roped in for the collection of parking fees and enforcement. State local government executive councillor Ng Suee Lim said there is still time for the state government to review and resolve the issues that had been raised by various quarters. He also gave the assurance that the final form of the SIP would benefit all parties, including the local councils involved, Berita Harian reported. 'We have met with the local councillors (from the local governments involved in the first phase of the SIP). We take the concerns raised seriously. However, we still have time to study and find a win-win solution. 'If more time is needed for further discussions to be held, we are willing to postpone the SIP's implementation,' he was quoted as saying. The SIP is slated for implementation in Petaling Jaya, Subang Jaya, Shah Alam and Selayang on Aug 1, involving the four local councils, state-owned Rantaian Mesra Sdn Bhd and a private company. Enforcement would be carried out by the local councils with Rantaian Mesra to act as a system coordinator. The private company, which has yet to be appointed, will handle the four local councils' daily parking operations. Earlier today, Pakatan Harapan MPs representing the four constituencies urged the state government to review the proposal and to set up an independent bipartisan committee to reassess the scheme. They said they were 'especially troubled' by the apparent prioritisation of private interests over the rights and welfare of their constituents and the local councils, calling for the Aug 1 launch to be delayed. Ng said the SIP was a key component of the state government's aspiration to develop 'smart cities', and that the plan was to expand it to the rest of Selangor.
Yahoo
22-07-2025
- Business
- Yahoo
Change in Financial Calendar
Oslo, 21st of July - IDEX Biometrics ASA (OSE: IDEX) hereby announces a change to the company's financial calendar. Postponement of Q2 2025 Report The company informs that the publication of the quarterly report for the second quarter of 2025 is postponed from the originally scheduled date to Tuesday, August 27, 2025. IDEX Biometrics' reports and presentations are available on our website: For further information, please contact: Anders Storbråten, CEO and CFO, Tel: +47 416 38 582 E-mail: ir@ About IDEX Biometrics: IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit About this notice: This notice was issued by Kjell-Arne Besseberg, COO, on 21 July 2025 at 07:20 CET on behalf of IDEX Biometrics ASA. This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section in to access your portfolio


News24
21-07-2025
- Business
- News24
What's going on with Miss SA 2025? What to know about the pageant's postponement
The Miss SA 2025 pageant has been postponed. This comes after the CEO has stepped down. AFI also celebrated its new strategic journey with the pageant. _________________________________________________________________ Sweeping changes and uncertainty have clouded the 2025 Miss South Africa (Miss SA) pageant. The Miss SA Organisation has officially announced a postponement of its annual pageant, much to the confusion of the pageant's entrants and supporters. The finale event usually takes place in August of every year. The organisation's statement reads, 'The Miss South Africa Organisation today announced the postponement of Miss South Africa from August to a later date in 2025, to ensure greater alignment with international and other global events.' View this post on Instagram A post shared by Miss South Africa (@official_misssa) Many were left unsurprised at the news of the postponement, since the delay of the Top 30 announcement raised questions after entries closed in April. This announcement comes off the back of a number of changes Miss SA has undergone this year. On 10 July, the organisation revealed that the CEO, Stephanie Weil, has left the organisation and stepped down from her position. Miss SA's statement read, 'The organisers of Miss South Africa wish Stephanie Weil everything of the best with her new endeavours as an agreement has been reached that Ms Weil will be leaving the organisation after many years as CEO of Miss South Africa. 'Ms Weil will be staying on for as long as is required to ensure a smooth transition to new leadership and to ensure that the best interest of the Miss South Africa organisation are served.' Africa Fashion International (AFI), the official fashion sponsor of the pageant, has taken the organisation under its wing and emphasised its continued partnership with Miss SA in a statement released on the same day. 'Africa Fashion International (AFI) and the Miss South Africa Organisation are proud members of a larger family owned group of companies, united by a shared vision for creativity and excellence,' AFI's statement read. 'As sister companies, we are excited to embark on this strategic journey together, leveraging our unique strengths to drive growth and innovation.' View this post on Instagram A post shared by Africa Fashion International (@afi_sa) In January 2025, Werner Wessels officially stepped down as the creative director of Miss SA, a role where he significantly helped shape the beauty pageant's presence on the global stage. Werner's tenure included mentoring Miss Universe 2019 Zozibini Tunzi, Miss Supranational 2022 Lalela Mswane and Miss Universe 2017 Demi-Leigh Tebow, as well as being the creative mind behind the pageant's distinct styling and signature shoots. View this post on Instagram A post shared by Werner Wessels (@werner_wessels) The Miss SA organisation's announcement of the pageant's postponement comes with its notice of expanding the organisation to include entrepreneurship, job creation, cultural awareness and social cohesion. While 'further announcements will be made soon,' the organisation shares, many are left with confusion at the fate of the pageant's future.

The Herald
21-07-2025
- Business
- The Herald
Miss South Africa 2025 postponed due to global events
The Miss South Africa organisation has announced the postponement of the pageant to a later date in 2025. This is to ensure greater alignment with international and other global events. 'The organisation, through its affiliated companies, aims to broaden the reach and impact of the pageant and its contestants,' spokesperson Kenneth Makhanya said. 'The pillars of the organisation will be expanded to include entrepreneurship, job creation, cultural awareness and social cohesion.' The Miss SA pageant typically takes place in August. Entries for the 2025 pageant opened on April 2 and closed on April 11. Concerns have been raised about the prolonged announcement of the top 30 contestants. 'The organisers of the Miss South Africa contest are making good progress with the preparations for the contest, which will be a huge success,' the organisation said. The postponement comes after Miss SA CEO Stephanie Weil stepped down from her role earlier this month. Creative director Werner Wessels also resigned earlier this year. In May, the organisation pulled out of the Miss Supranational international competition.