Riches to Rags

Rebekah Yeoh grew up surrounded by the riches of the YTL empire. In her own words, she tells how incredible wealth made her work to alleviate poverty and empower others.

YTL's ERL line extension plan

THE government is looking at extending the express rail link (ERL) service from Kuala Lumpur International Airport (KLIA) in Sepang to Malacca.

The RM8 billion project will comprise the purchase of new train sets, construction of a new ali...

YTL Hotels does Malaysia proud by winning three awards at the prestigious Gourmand World Cookbook Awards in Beijing

Zwei Freunde – Eine Küche (Two Friends – One Cuisine) was awarded the Special Award of the Jury (Germany and Malaysia) and Best Cookbook of the Year (Germany). Published in Germany by Johann Lafer’s Stromburg and photographe...

YTL's star chefs host gourmands at tony Pangkor Laut Resort

Chef Jones, who joined Pangkor Laut Resort last year, put a lot of painstaking hard work into making of what looked like the most simple of meals.

Over time, he has honed his skills with international companies such as Aman Resorts, The Ob...

YTL's ERL Receives Top Honours at Global AirRail Awards

Noormah Mohd Noor, Chief Executive Officer of ERL received the award at a ceremony held during the international conference ‘Global AirRail: Customer Experience’ held in Oslo, Norway on 15th May 2014. Noormah said: “There are 140...

YTL Communications Bags Telecom Asia Award for the Most Innovative Partnership Strategy with Google

YTL Communications Executive Director Jacob Yeoh, who was present at the ceremony to receive the award said, “We are truly honoured to be receiving this esteemed award. Being recognised with the Most Innovative Partnership Strategy award is ...

ERL Named AirRail Link Of The Year For Second Time

ERL Chief Executive Officer (CEO) Noormah Mohd Noor said the award proved that a Malaysian company could provide world-class services with the right mix of technologies and human resource investment.

"There are 140 airports in the world that have direct rail links and at least 24 o...

Treat for food connoiseurs

Members and guests of the Confrerie de la Chaine des Rotisseurs were treated to a dinner, Shanghai Surprises, organised by gastronomic association Bailliage de Malaisie at the Ritz Carlton Kuala Lumpur, recently. Bailli (steward) regional de Putra...

CIMB Research maintains Add call on YTL Power

CIMB Research is maintaining an Add call on YTL Power International with a target price of RM2.39.

YTL Corp profit jumps 41%

“Our cement, property development and investment and hotel divisions all registered stronger revenues, offsetting decreases in our construction and utilities divisions,” YTL group managing director Tan Sri Dr Francis Yeoh said in a sta...

YTL Corp Records 9-Month Revenue of RM14.7 Billion (US$4.5 Billion)
Profit Jumps 41% to RM1.9 Billion (US$597 Million); Interim Dividend of 10% or 1 Sen per Share Declared

YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, ''The Group has continued to perform well, recording revenue of RM14.7 billion and a 40.5% increase in profit to RM1.9 billion for the first 3 quarters of the ...

Shanghai Restaurant presents a night of surprises at The Ritz-Carlton Kuala Lumpur

The Regional Bailliage of Putrajaya recently held a diner amical themed 'Shanghai Surprises', presented by Shanghai Restaurant, JW Marriott Kuala Lumpur. The dinner didn't disappoint as Shanghai Restaurant delivered a superb selection of carefully...

Smorgasboard of delights in Malacca

While you could cram Malacca into a daytrip from KL, it's worth staying longer, especially if you base yourself in the enchanting Majestic Malacca. Set in a refurbished 1920s Sino-French style mansion formerly owned by a Chinese rubber plantation ...

FrogAsia launches the Frog Teacher Awards 2014, a first-of-its-kind celebration of outstanding educators

If there is one thing that each of us have in common, it is that we have at some point been impacted by a teacher who has made a positive difference in our lives.

In honour of these extraordinary educators, FrogAsia is launching the inaugu...

Singapore Reits display holding power with strong results

Analysts say a number of Reits, particularly those with growing exposure in China and Australia, have delivered strong results in recent weeks. Acquisitions, asset enhancement initiatives, improved portfolio occupancy rates and positive rental reversions, or increased rents upon lease renewal, ha...

Island escapades

Want to get away from the hectic city life and go somewhere to chill and relax? YTL Hotels is offering exclusive full board island getaways at its three resorts from only RM899 per room, per night. The Residents’ Package is for a minimum of ...

New klia2 YTL’s rail link exceeds expectations

KL International Airport 2 (klia2) may have received rave reviews since its launch on May 2, but little has been said about the brand new YTL's rail link connecting the brand new low-cost carrier terminal to its ''big sister'' the KL International...

Starhill Global Reit posts Q1 DPU of 1.24 cents

Francis Yeoh, executive chairman of YTL Starhill Global, said the manager will continue its active asset management efforts and keep sourcing for yield-accretive acquisitions of prime assets in its core markets.

"Looking ahead, the Asian e...

Federal government footing bill for ERL from KLIA to klia2

However, Hishammuddin clarified during the official opening of the ERL  station at klia2 on Wednesday that the RM2 will be used for maintaining the  ERL.  

“The RM2 is really to make sure the maintenance and the operat...

YTL’s Starhill Global Reit 1Q 2014 Up 5.1%

Tan Sri Dato’ (Dr) Francis Yeoh, Executive Chairman of YTL Starhill Global, said, “SGREIT continued to benefit from the strong performances of its Singapore and Australia portfolios in the first quarter. During the quarter, SGREIT dive...

Wisma and Ngee Ann City malls cushion Q1 earnings for Starhill Global Reit

A solid performance from the Wisma Atria and Ngee Ann City shopping malls helped lift earnings at Starhill Global Reit for the first quarter this year, factoring out exceptional items from last year.

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Let’s go for a free ride!

Clean and spacious, GoKL’s zero-fare shuttle buses are now plying more routes, so hop on and see the city, writes Shuib Taib.

TM’s Q1 revenue climbs to RM2.62b

TELEKOM Malaysia Bhd (TM) has registered encouraging growth in revenue for its first quarter ended March 31 2014, despite posting a slight 1.2 per cent fall in earnings to RM210.63 million against the corresponding period last year.

DPM: Retail sector registers second biggest share of visitor expenses last year

Foreign tourists spent RM19.8bil on shopping in the country last year, a 6.3% increase from RM18.6bil in 2012, said Deputy Prime Minister Tan Sri Muhyiddin Yassin.

He said the retail sector constituted 30.2% of the total tourist expenditure last year against 30.7% in 2012.

Genting S'pore to partner Japanese firms for casino resort

“Japan has tabled in Parliament the Casino Introduction Bill and it is scheduled to be read within the next few weeks. With this exciting advancement, Genting Singapore has organised a dedicated project team to understand, monitor and prepare for developments in the near future,” it s...

Highlight Sime Darby sells E&O shares back to Tham

While the memory of Sime Darby Bhd paying a hefty premium for a 30% stake in Eastern & Oriental Bhd (E&O) is still fresh in investors’ minds, the conglomerate yesterday announced that it intends to sell a 9.9% stake back to E&O managing director Datuk Terry Tham Ka Hon at RM2.90...

90 enforcement officers arrested over graft

The Malaysia Anti-Corruption Commission (MACC) started to infiltrate enforcement agencies five years ago in the fight against diesel smuggling.

Malaysia Firms Can Tap India Infrastructure Potential After Modi Takeover

Malaysian construction and infrastructure companies would do well to cash in with the inauguration of the government of Prime Minister Narendra Modi, who is considered business-friendly.

IJM Corp proposes to buy Silk Highway for RM398mil

IJM Corp Bhd’s wholly-owned subsidiary, Road Builder (M) Holdings Bhd, has entered into a heads of agreement with Silk Holdings Bhd to acquire all the 220 million shares of RM1 each in Sistem Lingkaran-Lebuhraya Kajang Sdn Bhd (Silk) for RM398mil cash.

Felda to take Encorp private

Felda Investment Corp Sdn Bhd (FIC), a wholly­owned unit of the Federal Land Development Authority (Felda), intends to take Encorp Bhd private through a mandatory general offer of RM1.55 per share. FIC has also offered to buy the company’s warrants and redeemable convertible secured loa...

Unions want transparency in Track 4 project award

Tenaga Nasional Bhd Junior Officers Union, Kesatuan Pecantuman Pekerja-Pekerja Tenaga Nasional Bhd and Persatuan Eksekutif Tenaga Nasional Bhd want the Energy Commission (EC) to be transparent in how it plans to award the Track 4 power projects.

Farhan: Malaysia a shining example

Farhan said it was appropriate that the Global Movement of Moderates originated from Malaysia.
"The guiding principle today is '1Malaysia'.
"The political space here is safe for its people of different ethnicities and cultures.


The Muslim world's challenges

In many Muslim states, economic infrastructure and activity remain linked to servicing the economies of former colonial powers. Those linkages are not sustained only by fear, but by individual and institutional inertia -- by lack of will and imagination on the part of officials to take the necess...

I helped plan diplomatic ties with China

Forty years is comparatively short in the life of a nation, but it is a long time in the life of a human being. United Nations Association Malaysia Governing Council member Datuk Khor Eng Hee tells Zulita Mustafa about the role he played in helping Malaysia establish diplomatic ties with China, u...

More advertisers embracing digital platforms

The advertising landscape in Malaysia has undergone major transformations over the last few years, with more and more Malaysians having embraced the digital age.

River of Life project on schedule

About 30 per cent of work on the River of Life (RoL) project has been completed.

Don't sublet lots, warns City Hall

RAMADAN bazaar traders, who are caught subletting their lots, will not only have their licences cancelled, their goods and trading materials confiscated, but will also be  blacklisted immediately.

Clinic at centre of MC-for-sale expose still in business

Klinik Rakyat in Taman Selayang Jaya, which made headlines recently for selling medical chits (MC), is still open for business despite a raid by the Selangor Health Department last week.

Maxis to pay lower dividends from next year

MAXIS Bhd is expected to give out lower dividends as it plans to use its own generated free cash flow (FCF) to pay dividends from next year onwards.

Higher costs shrink Kulim 1Q profit

Kulim (M) Bhd’s net profit shrank 89% year-on-year to RM38.1 million in the first quarter ended Mar 31, 2014, from RM345.1 million in the first quarter of last year.

Boustead Holdings' Q1 net profit drops 33.23%

Boustead Holdings Bhd net profit fell 33.23% to RM66.7 million in the first quarter ended March 31, 2014 from RM99.9 million a year ago, as lower revenue recorded across heavy industries, property and pharmaceutical segments.

Shopping mall hit by blackout

Shoppers and movie-goers at the 1 Utama Shopping Complex had their outing cut short when a sudden blackout hit the mall.

Disgruntled netizens posted photographs of the shopping mall shrouded in darkness. When contacted, Tenaga Nasional Bhd said they had received many complaints from res...

Proton in talks with Japan carmakers

Proton Holdings Bhd, the national carmaker, is negotiating with several Japanese car manufacturers on the prospects of future collaborations, says Proton chairman Tun Dr Mahathir Mohamad.

PM: Integrate Asian economies

ASIA should promote economic integration, tackle rising inequality and resolve regional tensions through diplomacy to help propel the region's future success, Datuk Seri Najib Razak said yesterday.
Speaking at the Nikkei's 20th International Conference on the Future of Asia here, t...

'National harmony is govt's goal'

MINISTER in the Prime Minister's department Tan Sri Joseph Kurup is  appealing to all quarters to stop racial and religious provocation  to maintain peace and harmony in the country. Kurup said since the formation of the National Unity Consultative Council, the government had been p...

Economy, investments to dominate Najib-Abe talks

PRIME Minister Datuk Seri Najib Razak meets his Japanese counterpart Shinzo Abe here today for talks aimed at fostering a more comprehensive bilateral cooperation, especially on economy and investments.
The bilateral talks -- the third such talks between the two leaders in 10 months -- sig...

Renowned Muslim intellect to lecture here

The second instalment of Syarahan Perdana Putrajaya (SPP2), hosted by Prime Minister Datuk Seri Najib Razak, will feature renowned Muslim intellect Dr Farhan Ahmad Nizami.
The lecture, titled "Past Achievements and Present Challenges in the Muslim World", will highlight the persp...

Analysts neutral to positive on Mahathir’s appointment

Analysts following DRB-Hicom Bhd were neutral to positive on the appointment of Tun Dr Mahathir Mohamad as non-executive chairman of national carmaker Proton Holdings Bhd, a wholly-owned unit of the diversified group.

Star gets new chairman, makes RM22m profit in 1Q

Star publications (M) Bhd has a new chairman – former deputy home minister Datuk Fu Ah Kion, who assumed the post the same day that it announced a 32% drop in its first-quarter ended March 2014 (1QFY14) net profit.

Green Packet trims losses further

Mobile broadband Green Packet Bhd registered a net loss of RM1.39 million it its latest financial quarter ended March 31, 2014, its smallest quarterly loss since 2008.

KL flash floods are a time bomb: Alam Flora

As Kuala Lumpur lurches from one major flooding incident to another, illegal dumping of domestic and construction waste is creating a “flash flood time bomb”, according to City Hall waste management contractor CEO Mohd Zain Hassan.

Consumer group questions need for telco client reports

Telecommunication companies should not provide customer details to credit reporting agency CTOS Data Systems Sdn Bhd, the Federation of Malaysian Consumers Association (Fomca) said yesterday.

MAS should go for Section 176 of Companies Act

THE tragic disappearance of MH370 has taken a huge toll on Malaysia Airlines (MAS). Since the plane vanished on March 8, the airline has cancelled close to 900 flights.

Learn from the past, says Dr M

Dr Mahathir was commenting on alleged remarks by Ikatan Muslimin Malaysia (Isma) president Abdullah Zaik Abdullah Rahman that the Chinese who came to Malaya were tresspassers and his questioning of their citizenship and wealth in the country.

“It is not helping to calm the situati...

Is it really too much to ask?

WHILE trolling the aisle of a supermarket recently, an unusually enthusiastic salesman stopped me dead in my tracks and shoved a can of skin whitening cream that would, going by his claims, change the way I viewed life and all of Creation.

Touch of luxury in Belum

The villas will have built-up areas of between 4,000 sq ft and 5,000 sq ft and be priced between US$3 million and US$5 million (RM9.7 million and RM16.1 million) each, he said after the launch of Phase 2 of the BRR by Prime Minister Datuk Seri Najib Razak yesterday.

Our right to speak up

We live in a multi-racial, multi-religious and multi-cultural Malaysia, where any law, whether hudud or civil, will affect all of us.

‘Race’ column with no useful purpose in official forms dropped

The Cabinet yesterday decided that the ‘race’ column with no value added or useful purpose in official government forms be dropped.

Quiet force of dignity: It's family first for Tun Rahah Mohammad Noah

Whether as our late second Prime Minister’s wife or our current Prime Minister’s mother, this Johorean beauty’s most important portfolio was her family. Tun Rahah Mohammad Noah’s youngest son Nazir gives her top marks this Mother’s Day.

Traffic diversion in Bukit Bintang due to burst pipe

Traffic in Bukit Bintang here had to be diverted again as the water pipe, which was repaired yesterday, burst for the second time at about 3pm today, affecting Jalan Raja Chulan towards Jalan Tun Razak and Jalan Bukit Bintang towards Pavilion.

How is translated Darwin a 'danger' to Malays? asks DAP MP

Zairil said such discriminations were futile because the books and the knowledge contained within were easily available on the Internet.

He urged the government to lift its restrictions on all publications and “to immediately end the intellectual persecution of Malaysians”.<...

Highlight: Local steel industry high in debt

The local steel industry, whose profits have been hurt due to an influx of imported products, could pose a risk to banks’ books with the  high debts held by these steel players.

SIB loses suit to use 'Allah' in its publications

Sidang Injil Borneo (SIB) lost its bid to challenge the ban on the use of the word “Allah” in all its publications.

Oh, what a tangled web we weave

EVERYONE lies at some point in their lives - whether to keep from hurting someone, avoid further argument, or other reasons.
But what if you're finding that you're starting to lie online -- when you are deliberately posting status updates or tweets to create stories of a life that ...

More hope to strike gold in Pulau Nangka

AT the stroke of midnight on April 30, Smart Partnership International (M) Sdn Bhd, which was hunting for a multi-billion ringgit treasure belonging to the Malacca Sultanate in Pulau Nangka, stumbled upon two bronze coins.

Straight-talking Axiata CEO

IF Hollywood was ever to make a movie on our telco industry, you can bet top dollars that Datuk Seri Jamaludin Ibrahim will be the leading man. He has the looks, charm and most important of all, the talent going in his favour. In reality — in the telecommunications industry — he is hi...

Women, it’s time to rise and be counted

THE policy to include women in at least 30 per cent of its public sector decision making positions had “exceeded” its target.

Ringgit gets currency strategists’ vote of confidence

Currency strategists are giving Malaysia a vote of confidence just weeks after the government came under criticism for its handling of a probe into the disappearance of Malaysia Airlines (MAS) flight MH370 with 239 people on board.

‘Revelation’ on contentious Renong deal

A former director of United Engineers (M) Bhd, Datuk Syed Amin Al-Jeffri, claimed that it was Datuk Seri Anwar Ibrahim, who was then the finance minister, who first instructed UEM to buy shares in parent company Renong Bhd.

He said this in a statutory declaration (SD) dated July 18, 201...

M'sian and English courts in 'jurisdiction race' over divorce hearing

The Malaysian and English courts are set for a “jurisdiction race” to decide which will hear the high profile divorce between a former Miss Malaysia and her estranged tycoon husband.

Follow the infrastructure

In the property sector, ‘location,location,location’ is the mantra of developers looking to invest in areas that can offer the best capital to invest in areas that can offer the best capital appreciation, but not everyone has keen eye for potential gems.

klia2 safe to use, says Hisham

"We look at the safety aspect in relation to the movement of passengers, a borderless world and the importance of cooperation among the agencies involved like the Customs, Fire and Rescue, and Public Works departments and the police.
"This will reflect our capability as a nation,...

MCA questions MUIP's right to bar non-Islamic materials at hotels

The MCA has questioned whether the Pahang Malay and Islamic Customs Council (MUIP) has the constitutional right and jurisdiction to bar non-Islamic materials and symbols from the guest rooms and public reading areas of all the 147 hotels in the state.

Obama’s call for equal rights laudable

PRESIDENT Barack Obama is very much a great leader of the US — a world power in our time.

He knows exactly what he is saying and doing and also the wrongs that need to put right whenever making speeches or statements in public — let alone in a foreign land.

A man i...

Shocks continue as Malaysian penny stocks sold down

A day after four small capitalised stocks hit limit down, the shocks reverberated across Bursa Malaysia as penny stocks saw a major sell-down yesterday.

Public Bank to raise RM5bil, first rights issue after 10 years

Joining the band of banks that are beefing up their capital base for the Basel III requirement, Public Bank Bhd has proposed a renounceable rights issue to raise up to RM5bil.

DBKL must pay Bar Council

The Court of Appeal has upheld a High Court decision to order Kuala Lumpur City Hall (DBKL) to pay RM12,320 in damages to the Bar Council for trespassing and tearing down three Human Rights Day banners at its premises in 2007.

Top 3 Reasons why Tuanku Zara Salim is every career woman’s role model

Between graduation, getting your first job and switching jobs for various reasons from career development, better pay, you hate your boss, etc, what we should really be doing is evaluate how our jobs can work for us. 

This time around I decide to take a leaf out of Perak’s ne...