PAS reluctance to hold state polls simultaneously with GE15 could cost taxpayers RM1b: Experts

PETALING JAYA: Taxpayers will have to fork out an additional RM1 billion to fund elections if political parties do not agree with holding state elections at the same time as federal polls after parliament is dissolved, said Nusantara Academy for Strategic Research senior fellow Azmi Hassan. He said while it is the prerogative of each … Read more

Ringgit slides despite recovery due to US rate hikes

PETALING JAYA: Despite the economy doing well in the face of global challenges, the ringgit continues to weaken against the US dollar due to the high inflation rate and aggressive rate hikes there. The ringgit was traded at RM4.503 against the dollar at the close of business yesterday. World Bank Group lead economist for Malaysia … Read more

Calculated good move by Umno

PETALING JAYA: Political analysts have said that Umno’s move to postpone its party elections serves to prevent internal squabbles that may lead to a disunited party in the 15th general election (GE15). Council of Professors senior fellow Dr Jeniri Amir said Umno wants to show that a united front and solidarity within the party are … Read more

Expert sees potential in new airline

PETALING JAYA: While many do not expect it to soar, a new airline hopes to capture a niche market that has yet to be explored. SKS Airways, which will be officially launched on Jan 25, will focus on servicing several islands around Malaysia. A civil aviation expert theSun spoke to said the island-hopping strategy made … Read more

BN wins Malacca polls

MALACCA: Barisan Nasional (BN), led by Umno, won the Malacca state election after securing enough seats to form the new state government. Unofficial results show BN winning in 16 seats, with Pakatan Harapan (PH) in four seats. As unofficial results began to trickle in, PH drew the first blood after taking the early lead by … Read more