Latest news with #RM162
The Star
2 hours ago
- Business
- The Star
London's Heathrow plans to expand capacity by 2031
Heathrow Airport has unveiled a huge investment plan to expand capacity by 2031. — MAJA SMIEJKOWSKA/PA Wire/dpa Heathrow Airport in England has unveiled a £10bil (RM56.94bil) investment plan to expand capacity, aiming to handle an extra 10 million passengers per year by 2031. The plan forms the core of the airport's 2027-2031 business proposal, which was submitted to the Civil Aviation Authority (CAA) recently. It would require passenger charges being set an average of £33.26 (RM189.40) during the period, Heathrow said. That is compared with an average of £28.46 (RM162) between 2022 and 2026. The CAA determines the cap on per-passenger landing charges that airlines must pay to Heathrow. Airlines pass on the cost of these to passengers through fares. The investment plan would create new space within existing terminals equivalent to 10 football pitches, enabling new lounges, restaurants and shops to be built. It would also result in faster security and baggage handling, according to the airport. Heathrow's aim is for 95% of passengers to wait less than five minutes at security, 99% of bags to travel with their owner, and 80% of flights to depart on time. The airport is seeking to demolish the building previously used as Terminal 1, extend Terminal 2 and build a new southern access road tunnel. Once complete, the project would enable Heathrow to increase its passenger capacity by 12%, equivalent to 10 million more travellers annually. Heathrow chief executive Thomas Woldbye said: 'We're making good progress on our strategy to become an extraordinary airport – having become Europe's most punctual major airport so far this year. 'But our customers want us to improve our international rankings further, as do we. 'To compete with global hubs, we must invest. Our five-year plan boosts operational resilience, delivers the better service passengers expect and unlocks the growth capacity airlines want with stretching efficiency targets and a like-for-like lower airport charge than a decade ago. 'With Heathrow's Britain-based supply chain, this private investment will create jobs and drive national growth during this Parliament. 'We are ready to deliver the more efficient, sustainable Heathrow that will keep Britain connected to the world.' That means faster security, smoother baggage handling, more comfortable terminals, new lounges, restaurants and shops – all while delivering a better service for the growing number of passengers who need assistance.' Heathrow is Europe's busiest airport, with more than 83.9 million passengers travelling through its terminals in 2024. – dpa
New Straits Times
6 days ago
- Business
- New Straits Times
Mindef claims RM162.7mil from armoured vehicle supplier
KUALA LUMPUR: The Defence Ministry issued a claim notice for RM162.75 million in penalties against its armoured vehicle supplier in January this year, the Dewan Rakyat heard today. Its Deputy Minister, Adly Zahari, said the notice for the late penalty claim was issued due to delays in the delivery of 68 armoured vehicles between 2020 and 2023. He said this in response to the Auditor General's Report 2/2025, which revealed that the ministry had failed to collect RM162.75 million in penalties imposed on its supplier for the armoured vehicle contracts. Adly also said the company subsequently submitted a response and appealed for the late penalty to be waived, citing exceptional circumstances caused by the Covid-19 pandemic and the Russia-Ukraine war. "The appeal was presented on May 6, 2025, and the company was imposed a penalty totalling RM162 million, along with a performance bond amounting to RM53 million. "The remaining penalty sum will be recovered through offset arrangements in current contracts or collected separately from the company," he said during the ministry's winding-up session on the report. On Monday, the AG's Report revealed weaknesses in the Malaysian Army's management of armoured vehicle contracts, including the failure to collect RM162.75 million in penalties imposed on its supplier. According to the report, the penalties stemmed from supply delays involving 70 Gempita units, delivered between August 2020 and December 2022. The assets were delivered up to 1,048 days past the agreed schedule. Despite the delays, the ministry had made full payment of RM7.5 billion for the contract by June 2023. Commenting further, Adly said the ministry acknowledges weaknesses in enforcing contract terms and is currently in the process of developing a contract monitoring system to assist officers in overseeing contracts. "This is to ensure that even if we grant an extension of time, we do not delay the imposition of late penalties until the project is completed," he said.
New Straits Times
30-06-2025
- Sport
- New Straits Times
Highly-rated Rayyan shines for Indonesia's BTR
KUALA LUMPUR: Malaysian teenager Muhd Ar-Rayyan Uraymartin played a key role in helping Indonesian side Bigetron Alpha (BTR) secure third place at the PUBG Mobile Hong Kong Invitational (PMHI) on Sunday (June 29). The podium finish saw the 16-year-old from Kuching, Sarawak, and his teammates walk away with HK$300,000 (RM162,000) in prize money. BTR accumulated 140 points across 21 Games played over three days of intense competition at the AsiaWorld-Expo in Hong Kong. China's Weibo Gaming topped the standings with 163 points, while Brazil's Influence Rage finished second on 158 points. Malaysian outfit Alliance staged a commendable comeback on the final day, climbing from 15th to ninth in the overall standings. They closed the campaign with 116 points, bolstered by a victory in Round 19. Rayyan's rise has been nothing short of meteoric. He made his competitive debut at the PUBG Mobile National Championship (PMNC) Summer in May, where he was named the final stage's Most Valuable Player after recording 46 eliminations and dealing 6,329 damage. Although his team, DX NSZ, failed to qualify for the PUBG Mobile Super League (PMSL) SEA Summer, Rayyan's performance caught the attention of several top-tier organisations. While many expected him to sign with Malaysian heavyweights SEM9 or Alliance, it was Indonesian giants BTR who secured his signature ahead of the PMSL SEA Summer in Jakarta two weeks ago. Rayyan showed flashes of brilliance during the tournament, but BTR struggled overall, finishing 13th out of 16 teams in the Grand Finals on home soil. Their resurgence in Hong Kong, however, suggests promising signs ahead of the Fall season, scheduled to begin in two months.
New Straits Times
05-06-2025
- Entertainment
- New Straits Times
#SHOWBIZ: HK actress Lana Wong, 94, lives on RM2k monthly legal aid
HONG KONG: Veteran Hong Kong actress Lana Wong once enjoyed a life of considerable luxury during her past relationship with the late lawyer Woo Pak-Chuen, which began when she was 18. Although they never married, she had six children with him and was reportedly lavishly cared for, receiving a monthly allowance of HK$300,000 (RM162,467). The couple later separated after a tumultuous period marked by numerous trials and tribulations. Wong, now 94, subsequently married former racer Albert Poon in 1983. In a recent interview with Hong Kong's East Week magazine, Wong revealed that she is currently struggling financially, with her savings having dwindled to less than HK$10,000 (RM5,415). "Some unscrupulous individuals took advantage of me and tricked me into surrendering the deed to my Sai Kung home," she explained. "I lost all my possessions and ended up homeless. Fortunately, a friend took me in, but I've been living under someone else's roof for years." The actress added that she has since applied for legal aid and now relies solely on a monthly old-age allowance of HK$4,195 (RM2,271) to survive. Wong had previously announced her intention to relocate to the United States with her husband in 2022. However, she decided to return to Hong Kong two years later and currently resides in a small 14.8-square metre housing unit. "At least I have a roof over my head and no longer need to live in someone else's home. That's comforting enough for someone my age," she said. "All I need is a bed and Wi-Fi for calls."
The Star
04-06-2025
- Entertainment
- The Star
HK star Lana Wong, 94, lives on RM2K monthly allowance as savings dip below RM5K
Hong Kong actress Lana Wong now lives in a small 160sq ft (14.8sq m) temporary housing unit. Photo: China Press Veteran Hong Kong actress Lana Wong once lived a life of luxury during her past relationship with the late lawyer Woo Pak-chuen when she was 18. Although they never married, she had six children with him and was said to be lavishly cared for, receiving a monthly allowance of HK$300,000 (RM162,467). The pair later broke up after a tumultous journey filled with trials and tribulations. Wong, 94, then went on to marry former racer Albert Poon in 1983. In a recent interview with Hong Kong's East Week magazine, Wong revealed that she's struggling financially, with her savings dwindling to less than HK$10,000 (RM5,415). 'Some unscrupulous people took advantage and tricked me into giving up the deed to my Sai Kung home. 'I lost all my belongings and ended up homeless... Luckily, a friend took me in, but I've just been living under someone else's roof for years,' she said. The actress added that she has since applied for legal aid and now survives solely on a monthly old age allowance of HK$4,195 (RM2,271). According to reports, Wong had previously announced plans to relocate to the United States with her husband in 2022. However, she decided to return to Hong Kong two years later and currently lives in a small 160sq ft (14.8sq m) temporary housing unit. 'At least I have a roof over my head and no longer need to live in someone else's home. That's comforting enough for someone my age… All I need is a bed and Wi-Fi for calls,' she said.
