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Day: July 23, 2024

QUEEN VISITS ORANG ASLI HOSPITAL IN GOMBAK

KUALA LUMPUR, Her Majesty Raja Zarith Sofiah, Queen of Malaysia, paid a visit to the Orang Asli Hospital Gombak (HOAG) here today. The visit was part of the events commemorating the installation of His Majesty Sultan Ibrahim as the 17th King of Malaysia, a ceremony steeped in customs and traditions that took place at Istana Negara last Saturday. Raja Zarith Sofiah was welcomed upon arrival at 9.53 am by the Prime Minister’s wife, Datuk Seri Dr Wan Azizah Wan Ismail, and the wife of the Selangor Menteri Besar, Datin Seri Masdiana Muhamad. Also in attendance were Communications Minister Fahmi Fadzil,

SABAH OFFERS VAST POTENTIAL FOR HALAL INDUSTRY – HDC

TAWAU, Sabah has much to offer the halal industry, given its rich reserves of raw materials and semi-finished goods, alongside its strategic geographical advantages, said Halal Development Corporation (HDC) chief executive officer Hairol Ariffein Sahari. Its excellent flight connectivity — which includes direct flights between Tawau and China — provides vast opportunities for the growth of halal businesses and seamless integration into global halal supply chains, linking Malaysia with key markets like China, Japan and South Korea. ‘We aim to showcase the potential of Sabah’s resources and entrepreneurs to manufacturers in Peninsular Malaysia and worldwide, enabling them to produce high-quality

DECISION TO REINSTATE SEPAK TAKRAW AS CORE SPORT AFTER PARIS OLYMPICS – HANNAH

PUTRAJAYA, The decision on whether sepak takraw will be reinstated as a core sport or not will be known after the 2024 Olympics in Paris concludes, says Minister of Youth and Sports Hannah Yeoh. Hannah said that the decision will be determined by the National Sports Council (NSC), which is currently focused on preparing for the global sports event which is set to begin from Friday until Aug 11. “The decision will be made within this year and as soon as possible after the Olympics. We understand sepak takraw is very popular among communities both urban and rural, evidenced by

MILLIMAN STUDY: INCREASE IN EMBEDDED VALUE AND VALUE OF NEW BUSINESS ACROSS MOST ASIAN MARKETS IN 2023

MUMBAI, Milliman, a premier global consulting and actuarial firm, today released its annual 2023 embedded value results: Asia report which includes 2023 embedded value (EV) and value of new business (VNB) results disclosed by major multinational and domestic life insurers across Asia Pacific. The report also analyses and discusses the EV methodologies and assumptions used, and the impact of changes to key regulations in the region. ‘An overall increase in EV and VNB across the region in 2023 reflects the bounce back of many economies,’ said Milliman Principal and Consulting Actuary Heerak Basu. ‘With the easing of Covid restrictions and

NIPPON KINZOKU NAMES, REGISTERS ITS COLD PROFILE ROLLED PRODUCTS

KUALA LUMPUR, Nippon Kinzoku Co Ltd has named and registered the trademark “Fine Profile” for its cold profile rolled products, which can be used for various metals from ferrous to nonferrous, by combining its proprietary cold rolling technology and specialised equipment. According to a statement, Fine Profile is the company’s original new product that contributes to customers’ manufacturing cost reduction and yield improvement as an alternative to various machining processes such as cutting and grinding. With aim to expand sales of this product in the future, it features cost reduction of metal processing, resource saving, energy saving; stabilisation of quality;