Latest news with #RM5.8
Barnama
20 hours ago
- Barnama
JPJ Mulls Revoking MyLesen Licences Of Illegal Street Racers
CRIME & COURTS BUTTERWORTH, June 20 (Bernama) -- The Road Transport Department (JPJ) is considering revoking the motorcycle licences of recipients under the MyLesen B2 programme who are found to be involved in illegal street racing (rempit) or other traffic offences. Its director-general Datuk Aedy Fadly Ramli said he has instructed the director of the Driver Licensing Division to look into the matter before any further action is taken. He stressed that the government has allocated substantial funding for the programme to help the B40 group obtain Class B2 motorcycle licences, and thus recipients must comply with all road regulations. 'Recipients of this government-subsidised licence are recorded separately in JPJ's system as participants of the MyLesen programme. So, if they are stopped during inspections, action will be taken, up to and including revocation of their licence. 'If they want to reapply (for a licence), they will have to go through the driving institution or school, pay the fees, and retake the test from start to finish. I want to make that clear,' he told reporters after handing over the Penang-level MyLesen B2 programme licences here today. Meanwhile, Aedy Fadly said the MyLesen programme has been expanded this year to include secondary school students, students from institutions of higher learning, and youths, reflecting the government's continued commitment to helping the B40 group obtain valid driving licences and thereby broaden their access to employment opportunities, particularly in the gig economy. 'To ensure the success of this programme, the government has allocated RM5.8 million this year to cover the full cost of training and licence issuance for 15,000 selected participants nationwide. In Penang alone, 993 individuals aged 16 and above are involved,' he said. -- BERNAMA
New Straits Times
29-05-2025
- Business
- New Straits Times
UEM edgenta secures order book worth RM1.1bil in Q1, bringing total to RM9.3bil
KUALA LUMPUR: UEM Edgenta Bhd has secured an order book worth RM1.1 billion in the first quarter ended March 31, 2025 (1Q FY2025), bringing the company's cumulative order book to RM9.3 billion as at March 31, 2025. Chief financial officer Ahmad Fazril Fauzi said the RM1.1 billion represents 39 per cent of the total order book secured in FY2024. "We secured RM2.8 billion for the whole of last year, and by the first quarter of this year, we have already achieved 39 per cent of that," he said during a virtual analyst and media briefing today. Of the RM9.3 billion order book, RM5.8 billion is contributed by infrastructure services, followed by healthcare solutions (RM2.5 billion), property and facility solutions (RM600 million), and asset consultancy (RM400 million). "We are bullish on the performance going forward, supported by the positive momentum of its international operations as we secured contract wins in key markets such as Saudi Arabia, the United Arab Emirates (UAE) and Singapore. "The group's operations in Saudi Arabia and the UAE achieved a strong 24 per cent year-on-year revenue growth, driven by effective integration efforts and the scaling of newly acquired entities" he added. Elaborating further, he added that in Singapore, new contract wins amounting to RM462.8 million within the Healthcare Solutions division contributed to an encouraging order book, while additional wins in Taiwan (RM328.7 million) are also supporting the group's efforts to stabilise and strengthen its business performance. Commenting on its financial results ended March 31, 2025, Ahmad Fazril said the company is expected to return to profitability as early as the second quarter after recording losses in 1Q FY2025. He attributed the losses to cyclical factors. UEM Edgenta turned red in 1QFY2025, registering a net loss of RM17.95 million compared with RM9.77 million in the same quarter a year ago, while revenue declined to RM646.06 million versus RM677.6 million recorded previously.
The Star
29-05-2025
- Business
- The Star
UEM Edgenta secures order book worth RM1.1bil in 1Q25, bringing total to RM9.3bil
KUALA LUMPUR: UEM Edgenta Bhd has secured an order book worth RM1.1 billion in the first quarter ended March 31, 2025 (1Q FY2025), bringing the company's cumulative order book to RM9.3 billion as at March 31, 2025. Chief financial officer Ahmad Fazril Fauzi said the RM1.1 billion represents 39 per cent of the total order book secured in FY2024. "We secured RM2.8 billion for the whole of last year, and by the first quarter of this year, we have already achieved 39 per cent of that," he said during a virtual analyst and media briefing today. Of the RM9.3 billion order book, RM5.8 billion is contributed by infrastructure services, followed by healthcare solutions (RM2.5 billion), property and facility solutions (RM600 million), and asset consultancy (RM400 million). "We are bullish on the performance going forward, supported by the positive momentum of its international operations as we secured contract wins in key markets such as Saudi Arabia, the United Arab Emirates (UAE) and Singapore. "The group's operations in Saudi Arabia and the UAE achieved a strong 24 per cent year-on-year revenue growth, driven by effective integration efforts and the scaling of newly acquired entities" he added. Elaborating further, he added that in Singapore, new contract wins amounting to RM462.8 million within the Healthcare Solutions division contributed to an encouraging order book, while additional wins in Taiwan (RM328.7 million) are also supporting the group's efforts to stabilise and strengthen its business performance. Commenting on its financial results ended March 31, 2025, Ahmad Fazril said the company is expected to return to profitability as early as the second quarter after recording losses in 1Q FY2025. He attributed the losses to cyclical factors. UEM Edgenta turned red in 1QFY2025, registering a net loss of RM17.95 million compared with RM9.77 million in the same quarter a year ago, while revenue declined to RM646.06 million versus RM677.6 million recorded previously. - Bernama
Barnama
23-05-2025
- Business
- Barnama
KESUMA Studying Proposal To Raise Retirement Age
KLANG, May 23 (Bernama) -- The Ministry of Human Resources (Kesuma) is currently reviewing the proposal to raise the mandatory retirement age from 60 to 65, said Minister Steven Sim. He said the matter was being examined by a special committee led by Kesuma's deputy secretary-general (Policy and International) Dr Mohd Shaharin Umar as it involved labour laws which fell under the ministry's purview. He said Kesuma would seek input and feedback from stakeholders, especially the public sector, workers, and employers, during the study to ensure compliance with international best practices. 'This committee will look at the suitability of raising the retirement age in Malaysia as there are pros and cons, along with certain challenges. However, within the ministry, part of labour market reforms involves reviewing all 28 existing labour laws. 'This is because some of these laws are outdated. We will look at ways to refine and harmonise them, and there are also (provisions) that we need to abolish or update,' he said after the central-level 2025 Union Affairs Development Grant (PHEKS) handover ceremony here today. Yesterday, Prime Minister Datuk Seri Anwar Ibrahim said the proposal to raise the mandatory retirement age from 60 to 65 was among the issues requiring attention and careful consideration. Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said had previously proposed that the government consider raising the mandatory retirement age from 60 to 65. Azalina, who made the suggestion in her personal capacity, said it would be a loss for individuals to retire at 60 when they were still energetic, productive and capable of contributing to the workforce. Regarding today's event, Sim said the government had allocated a total of RM10 million this year, up from RM5.8 million in 2024, marking the highest amount in the history of PHEKS implementation.
New Straits Times
23-05-2025
- Business
- New Straits Times
Steven Sim: Retirement age among 28 labour laws under review
SHAH ALAM: The issue of the retirement age is among 28 labour laws under the purview of the Human Resources Ministry (Kesuma) currently undergoing review, reforms and updates. Human Resources Minister Steven Sim said the matter was being considered carefully, taking into account the suitability of any changes in the Malaysian context, as there are both pros and cons to raising the retirement age. "This issue has its benefits, but also comes with its own challenges. However, Kesuma is already planning various labour market reforms, including reviewing all 28 labour laws under the ministry's jurisdiction. "Some of these laws are outdated, so we are looking at how to streamline, harmonise, and in some cases, repeal or update certain provisions. "I don't want to focus solely on the retirement age issue because there are many aspects within the legislation that require re-evaluation. "We are working to harmonise these laws with the ultimate aim of ensuring Malaysia's labour laws are in line with international best practices," he said when asked to comment on a proposal to raise the retirement age to 65. He was speaking at a press conference after officiating the Central Zone 2025 Trade Union Affairs Programme (Pheks) aid handover ceremony here today. Sim said the review and assessment of the 28 labour laws are currently ongoing. "We are gathering input and feedback from stakeholders, particularly from the public sector, the government, workers, and employers," he added. Yesterday, Prime Minister Datuk Seri Anwar Ibrahim was reported as saying that the proposal to extend the retirement age to 65 should be given serious consideration. On May 20, Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said had proposed that the government consider raising the mandatory retirement age from 60 to 65. Azalina, sharing her personal opinion, said it was a loss to compel individuals to retire at 60 when many are still energetic, productive, and capable of contributing to the workforce. Meanwhile, commenting on today's event, Sim said Kesuma has allocated RM10 million for Pheks this year, compared with RM5.8 million in 2024, the largest increase in the programme's history. "This reflects Kesuma's commitment to strengthening the trade union movement in Malaysia. "The aid can be used for training and education programmes. We want union members to receive proper training, including in skills development, management, leadership, and more. "Secondly, this year we are introducing support for digitalisation, encouraging unions to adopt computer technology and move towards digital platforms," he said. To date, a total of 1,049 applications for the aid have been received, with 551 applications approved amounting to RM7.15 million. This includes 138 applications from the central zone, covering Selangor and the Federal Territories, worth RM2.1 million.
