Latest news with #RM48
The Star
16 hours ago
- The Star
Over RM90,000 worth of counterfeit watches, smartphones seized in Sibu raids
SIBU: Counterfeit watches and smartphones valued at more than RM90,000 have been seized in two separate raids on business premises around Sibu. The raids, at about 11am on Thursday (July 24), were carried out by 12 enforcement officers from Domestic Trade and Cost of Living Ministry's Sibu branch with the cooperation of representatives from trademark-owning companies. Sibu Domestic Trade chief Kelyn Bolhassan said the enforcement operation resulted in the seizure of counterfeit watches worth RM48,312 and smartphones and accessories of various brands estimated at RM41,856. "This operation was carried out under Section 102(1)(c) of the Trademarks Act 2019, which prohibits the possession or control of goods bearing falsely applied trademarks for the purpose of trade," he said in a statement on Friday (July 25) He added that the ministry is committed to cracking down on counterfeit products in the market to ensure consumer rights are safeguarded. "Traders are reminded to always comply with the law. We will continue to work closely with trademark owners and other agencies to protect both consumers and intellectual property rights," Kelyn said. Under the Trademarks Act 2019, individuals found guilty may be fined up to RM10,000 for each counterfeit item, imprisoned for up to three years, or both. Companies may be fined up to RM15,000 for each wrongly trademarked item. KPDN urged the public to report any suspected business misconduct through the Ez ADU mobile app, via the website, or by contacting the Sibu branch directly through phone, email, WhatsApp, or by visiting the office in person.
The Sun
a day ago
- Business
- The Sun
Malaysia installs solar PV in 807 govt buildings, saves RM48m yearly
KUALA LUMPUR: A total of 807 government buildings, including the Parliament, have been equipped with solar photovoltaic (PV) systems, generating 7.657 megawatts (MW) of clean energy. Deputy Prime Minister Datuk Seri Fadillah Yusof announced the initiative, which is expected to save RM48 million in electricity costs annually. The Parliament building alone now has a 1.5MW solar PV system, producing 1.9 gigawatt-hours of electricity yearly while cutting greenhouse gas emissions by 1,465 metric tonnes of carbon dioxide. 'This saves RM1 million annually in electricity bills and positions Malaysia among global leaders in large-scale solar adoption,' Fadillah said during the launch at Parliament. Beyond government buildings, 11,233 commercial and industrial sites have also installed solar PV systems, totaling 1,522.43MW in capacity. This has led to estimated savings of RM972 million in energy expenses. Fadillah urged collective action to meet Malaysia's climate goals, including a 45% reduction in greenhouse gas emissions by 2030 and net-zero emissions by 2050. The National Energy Transition Roadmap, launched in 2023, supports this shift by targeting a 32% emissions cut in the energy sector through renewable energy expansion. 'Solar PV installations on government buildings are a key part of this strategy,' he added. The event was attended by Dewan Rakyat Speaker Tan Sri Johari Abdul and Works Minister Datuk Seri Alexander Nanta Linggi. - Bernama
Borneo Post
18-07-2025
- Business
- Borneo Post
Kuching teacher loses RM240,000 in scam, turns to moneylenders in desperation
Kong in a meeting with Jong and her husband. KUCHING (July 18): A local teacher here fell victim to a scam last year, losing nearly RM240,000. Identified only as 'Jong', she resorted to borrowing from moneylenders and keeping her family in the dark, out of fear and embarrassment. 'However, the situation had spiralled out of control, and when her husband eventually discovered the matter, they worked together to repay all the money borrowed except for one loan,' said Democratic Action Party Sarawak (DAP) Sarawak assistant publicity secretary Michael Kong in a statement today. Jong had taken a RM18,000 loan from a moneylender in December last year, and was given a four-year repayment period. She paid the instalments for January and February this year, but upon her husband's insistence, she offered to settle the entire amount. 'The moneylender refused, insisting that since she had signed a four-year repayment plan, she was obligated to pay the full RM48,000, be it in one lump sum now or over the four-year tenure,' said Kong. He then arranged a meeting between the middle-aged couple and the moneylender. After much persuasion, Kong said the moneylender agreed to terminate the loan arrangement, subject to Jong settling the principal sum of RM18,000 with some added administrative charges. 'This case highlights the danger of financial scams, and the risks of borrowing from moneylenders. 'As such, I urge the public to be extremely cautious when dealing with unfamiliar financial schemes. 'If you fall victim to a scam or face financial difficulties, do not suffer in silence. 'Seek help from trusted family members, friends or legal channels, instead of turning to high-risk lending services. 'Let this be a reminder that seeking support and advice early can prevent deeper financial trouble,' said Kong. He also advised everyone to always verify financial deals, stay informed and most importantly, to never let fear or embarrassment get in the way of seeking the right help. Kuching Michael Kong moneylender scam teacher
Borneo Post
18-07-2025
- Business
- Borneo Post
Kuching teacher loses nearly RM240,000 to scammers, forced to borrow from money lender at exorbitant rate
Kong meets with Jong and her husband. KUCHING (July 18): A female teacher here lost nearly RM240,000 to fraudsters last year. Identified only as Jong, the victim then resorted to borrowing from moneylenders, keeping her family in the dark out of fear and embarrassment. 'The situation spiralled out of control and when her husband eventually discovered the issue, they worked together to repay all the money borrowed except for one loan,' Democratic Action Party (DAP) Sarawak assistant publicity secretary Michael Kong said in a statement today. The RM18,000 loan from a moneylender in December last year was for a four-year tenure. Jong paid the instalments for January and February 2025 but upon her husband's insistence, attempted to settle the entire amount. 'The moneylender refused, insisting that since she had signed a four-year repayment plan, she was obligated to pay the full RM48,000, be it in one lump sum now or over the four-year tenure,' said Kong. He arranged a meeting between the middle-aged couple and the moneylender. After much persuasion, the moneylender agreed to terminate the loan arrangement subject to Jong settling the principal sum of RM18,000 and some administrative charges. Kong said the case highlights the dangers of financial scams and the risks of borrowing from moneylenders. He urged the public to be extremely cautious when dealing with unfamiliar financial schemes. 'If you fall victim to a scam or face financial difficulties, do not suffer in silence. Instead, seek help from trusted family members, friends, or legal channels instead of turning to high-risk borrowing. 'Let this be a reminder that seeking support and advice early can prevent deeper financial trouble,' he said. Kong also advised the public to verify financial deals, stay informed, and most importantly, not to let fear or embarrassment get in the way of seeking the right help. lead Michael Kong moneylender
The Star
17-07-2025
- The Star
Former company director claims trial to fraud charges
KLANG: A former director of a company offering umrah packages has been charged in separate Magistrate's Courts here with two counts of dishonest misappropriation of property, amounting to RM48,960.20, two years ago. Datuk Zulkarnain Endut, 44, pleaded not guilty to both charges. In court before Magistrate Siti Zubaidah Mahat on Thursday (July 17), he was charged with misappropriating property, in the form of cash totalling RM27,960.20, belonging to a 45-year-old man in Jalan Tanjung Shawal, Klang, between Feb 1 and July 28, 2023. He was also charged before Magistrate Nor Azilah Mat, with another person still at large, with misappropriating RM21,000 given to them by a man for an umrah package with Emraz Travel and Tours Sdn Bhd. The offence was allegedly committed in Bandar Sultan Suleiman, Klang, between Feb 23 and March 29, 2023. Both charges were framed under Section 403 of the Penal Code, which provides for imprisonment of up to five years with caning, and a possible fine, if found guilty. Magistrates Siti Zubaidah and Nor Azilah allowed him bail of RM2,500 and RM6,000 respectively, and set Sept 24 for mention. – Bernama
