Day: July 15, 2024

TAIPING, National athletes competing in the 2024 Paris Olympics must embody a champion’s mentality to win gold. Former Olympian Junaidah Aman, 69, said that it is not an easy task, but with sufficient training, all obstacles can be overcome by our national athletes. ‘The sacrifice in terms of time and training has to surpass others. If we are at the same level, we cannot win. ‘During my time, we focused on training, but we lacked adequate facilities, which prevented us from reaching the standard needed to compete for medals,’ she said when met after attending a dinner with Taiping former

KUALA LUMPUR, Foreign investors continued to buy domestic equities for the second consecutive week with net purchases totalling RM478.2 million, according to MIDF Amanah Investment Bank Bhd (MIDF). The investment bank said the majority of this influx amounted to RM389.2 million which occurred last Thursday when Bank Negara Malaysia (BNM) decided to maintain the overnight policy rate (OPR) at 3.00 per cent after concluding its two-day Monetary Policy Committee (MPC) meeting. ‘The top three sectors that foreign investors net bought were construction (RM198.2 million), utilities (RM116.1 million) and industrial products and services (RM111.8 million),’ it said in a statement today.

SINGAPORE, AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of ‘a-‘ (Excellent) of Police Health Plan Limited (PHP) (New Zealand). The Credit Ratings (ratings) reflect PHP’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. In addition, the ratings factor in a neutral impact from the company’s ultimate ownership by the New Zealand Police Association (NZPA). Source: BERNAMA News Agency

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives traded mostly higher this morning. At 9.36 am, spot month for July 2024 rose by 2.0 points to 1,627.5, August 2024 climbed by 1.5 points to 1,630.0, and September 2024 added 0.5 of-a-point to 1,612.5 but December 2024 was flat at 1,618.5. Turnover amounted to 919 lots, with open interest reaching 47,051 contracts. Meanwhile, the FBM KLCI appreciated by 3.43 points to 1,622.49 after 36 minutes of trading. Source: BERNAMA News Agency

PUTRAJAYA, Deputy Prime Minister Datuk Seri Fadillah Yusof said that the government, through the National Water Research Institute of Malaysia (NAHRIM), has been actively conducting research on the impact of new pollutants on water quality in several river basins in Malaysia under the 12th Malaysia Plan (12MP). According to Fadillah, who is also the Minister of Energy Transition and Water Transformation, the contaminants include endocrine-disrupting chemicals (EDCs), antimicrobial resistance (AMR) and microplastics. ‘One of the new pollutants gaining international attention is microplastic pollution in Malaysia’s water sources. ‘Microplastics, defined by the WHO (World Health Organisation) as plastic fragments less than