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EU companies suffer $110 bln in direct losses from operations in Russia

MOSCOW: The largest European companies have suffered at least 100 billion euros (US$110 billion) in direct losses from their operations in Russia since the launch of the special military operation in Ukraine in February 2022, reported Sputnik quoting a Financial Times report on Sunday. A survey of annual reports and 2023 financial statements of 600 […]

64 pct of SMEs suffered losses during MCOs

KUCHING: The movement control orders (MCOs) imposed in Sarawak at the height of the COVID-19 pandemic affected 64.8 percent of small and medium-sized businesses (SMEs) which suffered losses. This was the conclusion of a survey conducted by the Ministry of International Trade, Industry and Investment on the effects of COVID-19 on SMEs, which included micro-entrepreneurs, […]

Builders suffer RM42 bln losses due to MCO

KUALA LUMPUR: The construction industry is estimated to have suffered a loss of RM42 billion throughout the implementation of the Movement Control Order (MCO) from March 18 last year until now, the Dewan Rakyat was told on Thursday (Sept 30). Senior Works Minister Datuk Seri Fadillah Yusof said of the total, RM18 billion was the estimated […]

Traders can lodge claims with tribunal

IPOH: Online traders who suffer losses following the violent handling of parcels by employees of a courier company branch in Perak can file claims at the Tribunal for Consumer Claims Malaysia (TTPM). State Domestic Trade and Consumer Affairs, National Integration and Civil Society Committee chairman Datuk Abdul Yunus Jamahri said TTPM could be used as […]

Recent floods a nightmare for farmers

BY BARINA NANI KOTA SAMARAHAN: The recent floods, which occurred almost all over the state, were indeed a nightmare for its victims. Admitting that the flood was one of the worst floods ever, Fanizam Ahmad said he had suffered a loss of thousands of ringgit after his watermelons sank due to the floods. “About 300 […]

RM15 million loss in Bau due to floods

BAU: The district is estimated to have suffered a loss of RM15 million in terms of public infrastructure and facilities due to incessant rain and floods in the past week. Tasik Biru assemblyman Datuk Henry Harry Jinep said several roads had been cut off from connection as various villages were inundated with floodwaters apart from being […]

Paddy farmers seek assistance

KUCHING: Most paddy farmers are suffering losses due to the current flood situations in the state. Floodwaters have inundated their paddy fields leaving them in ruins. As such these affected farmers have appealed to the government for assistance as help to cope up with their losses incurred in the flooded paddy fields. The non-stop rains have […]

Man robs shop of RM3,000

KUCHING: A shop selling baby products was robbed by a man and suffered a RM3,000 loss on Monday. Kuching police chief ACP Awang Din Awang Gani confirmed the incident which happened at 8.20pm at Jalan Setia Raja here. The complainant, who is a female cashier, said an unknown man armed with a folding knife entered […]

A ‘friend’ scams teacher of RM9,250

SIBU: A male teacher lost RM9,250 after being scammed by an individual who posed as his friend. District police chief ACP Stanley Jonathan Ringgit who confirmed the case, said a police report on the incident was received on Wednesday. The complainant, 46, received a WhatsApp text from an unknown number that used a profile picture […]

Tourism players lose RM368 million

KUCHING: The Covid-19 pandemic has severely impacted various tourism industry players in Sarawak, with total losses amounting to RM368mln. Tourism, Arts and Culture Minister Datuk Abdul Karim Rahman Hamzah said among the affected sectors were travel and tour agencies, with RM108mln in losses. He added the virus also impacted 1,728 employees including 216 licensed travel […]