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Sri Damansara Link open to motorists from midnight

KUALA LUMPUR: The Sri Damansara Link (SDL) of the Duta-Ulu Kelang Expressway (Duke) will be open to motorists from midnight tonight.

The SDL will connect the MRR2 at the Bandar Menjalara Interchange and the existing Duke at Jalan Segambut.

The opening of the SDL effectively completes Phase Two of the Duke project. The Tun Razak Link (TRL) was open to the public on Sept 28.

Works Minister Datuk Seri Fadillah Yusof said the 7km link is expected to ease traffic congestion for about 30,000 road users and increase connectivity to alternative routes to head towards the city centre from Sri Damansara, Rawang, Kepong and Sungai Buloh.

Ranhill's new 20-year concession expands its Thai water treatment capacity to 17 MLD

KUALA LUMPUR: Ranhill Holdings Bhd won a project worth 152.58 million baht or RM19.33 million, to build, operate and transfer a water treatment plant in Thailand.

In its filing to Bursa Malaysia today, Ranhill said the contract to build a seven million litres per day (MLD) water treatment plant was awarded to its indirect subsidiary AnuRAK Water Treatment Facilities Co Ltd by Amata Water Co Ltd.

Currently, Ranhill said AnuRAK already has an existing 10 MLD Water Reclamation Plant in Amata Nakorn Industrial Estate in Thailand’s Chonburi Province, which has been in operations since year 2012 and producing treated water for industrial reuse purposes.

HeiTech will continue to bid for projects

DESPITE the stiff competition, information technology (IT) services firm HeiTech Padu Bhd will continue to bid for projects in the solar energy high voltage interconnection facility sector.

The company said competition was stiff for solar energy generation projects submitted to the Energy Commission Malaysia.

“Despite the challenges, we aim to secure new projects and also recurring businesses from existing customers,” chairman Datuk Seri Mohd Hilmey Mohd Taib told NST Business.

Bursa Malaysia's longest selling binge this year

KUALA LUMPUR: Foreign funds were the net seller of equities listed on Bursa Malaysia for the fifth week running, the longest selling binge so far this year during the holiday shortened week.

Last week, foreign investors sold RM71.4 million net, higher than the RM54.2 million net recorded in the preceding week, according to MIDF Research.

The firm’s estimates were based on transactions in the open market which excluded off market deals.

Innovation and services key target areas in trade mission in Amsterdam and Brussels

KUALA LUMPUR: The trade and investment mission to Europe led by International Trade and Industry Minister, Datuk Seri Mustapa Mohamad moved on to Amsterdam and Brussels on October 19 to 20, 2017 with seminars and a number of one-to-one engagements with leading companies and potential investors.

Teen girl sexually assaulted by own relative in Sibu

SIBU: A Form One student claimed she was sexually assaulted by a 55-year-old relative at a house in Sungai Bidut near here yesterday.

The girl, 13, was alone with her niece while her mother was at a nearby grocery shop when the attack took place about 5pm.

Sibu district police chief Assistant Commissioner Zailanni Amit said the victim claimed the attack occurred inside one of the rooms in her family’s double-storey house.

IMF report in line with market expectations, say experts

KUALA LUMPUR: Economist Dr Yeah Kim Leng has said the International Monetary Fund’s (IMF) “thumbs up” is broadly in line with public- and private-sector expectations that the country’s economic performance will be better this year and that a key risk is a weakening in the global economy.

“The strengthening global economy has boosted Malaysia’s exports, particularly electronics and electrical products and primary commodities, which are experiencing improved demand and better prices this year.

Malaysia to lead D-8 Secretariat beginning Jan 2018: DPM

ISTANBUL: Malaysia is set to lead the Secretariat of the D-8 Organisation for Economic Cooperation for four years, beginning Jan 1, 2018.

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi announced on Friday that Datuk Ku Jaafar Ku Shaari is the incoming D-8 Secretary-General, replacing the incumbent Dr Seyed Ali Mohammad Mousavi from Iran.

Zahid said Ku Jaafar, who is Malaysia’s former ambassador to Egypt, has vast experience in foreign affairs, both bilateral and multilateral.

Indonesian VP Jusuf Kalla offended by Tun Mahathir's Buginese comment

ISTANBUL: Indonesian vice president Jusuf Kalla said he felt offended by a statement made by Tun Dr Mahathir Mohamad who labelled the Buginese as pirates.

Jusuf expressed this in an unofficial discussion with Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi during the Organisation for Economic Cooperation (D-8) summit here yesterday.

Ahmad Zahid said, Jusuf, a Buginese, said he felt upset because the statement was an outright insult to the community whether they are in Malaysia or in Indonesia.

D-8 agrees with Malaysia on need for more effort resolve to Rohingya issue

ISTANBUL: The Organisation for Economic Cooperation (D-8) bloc of eight countries have responded positively to a call by Malaysia to take proactive steps to help the Rohingya people.

Turkey’s President Recep Tayyip Erdogan made the commitment as chairman of the 9th D-8 summit which ended last night.

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamid said Erdogan urged Islamic countries in the D-8 bloc to give due attention and assistance to the Rohingya refugees.

“In his speech, the President also informed that his wife and son had visited refugee camps in Cox’s Bazar in Bangladesh, which clearly indicate his official and personal commitment to cooperate in finding a resolve to the issue.