Day: August 13, 2024

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives ended higher today ahead of the US producer price index (PPI) data which will be released later tonight. At the end of trading, August 2024 rose to US$2,468.90 per troy ounce from US$2,452.50 per troy ounce at yesterday’s close. Meanwhile, September 2024, October 2024, November 2024, December 2024, and February 2025 all settled higher at US$2,472.60 per troy ounce against US$2,456.20 per troy ounce previously. However, volume rose to 24 lots from seven lots yesterday, while open interest increased to 33 contracts from 19 contracts previously. The price of physical

KUALA LUMPUR, Prime Minister Datuk Seri Anwar Ibrahim today handed over contributions to 109 flood victims in Alor Gajah, Melaka. The donation was delivered by his Senior Political Secretary Datuk Seri Shamsul Iskandar Mohd Akin who made a working visit to the Temporary Relief Centre (PPS) at the hall of Ar-Rasyidin Mosque in Taman Seri Bayu, Alor Gajah, Melaka today. “This is (my) first PPS visit before going to the next PPS. In this PPS (Ar-Rasyidin Mosque, Taman Seri Bayu) a total of 163 victims from 59 families from the surrounding area are being housed. “I also handed over the

KUANTAN, The results of the working visits of Dewan Rakyat Speaker Tan Sri Johari Abdul to all state legislative assemblies, which started last month, will be taken to the Conference of Speakers of Parliament and State Legislative Assemblies of Malaysia 2024 next month (September). Johari said the working visit, which was organised for the first time, was aimed at sharing knowledge and experience among Speakers in dignifying and empowering the Institution of the Speaker. “This (Pahang) is the ninth state. So, of course there may be differences and advantages in the journey from one state assembly to another, so here

KUALA LUMPUR, A total of 33 criminal breach of trust (CBT) cases involving lawyers were reported nationwide last year, resulting in losses of over RM33 million. Bukit Aman Commercial Crime Investigation Department (CCID) director Datuk Seri Ramli Mohamed Yoosuf said the number of cases is expected to increase this year, as more than RM20 million in losses have already been recorded so far. He said that in 2022, 29 criminal breach of trust (CBT) cases involving lawyers were recorded, with losses exceeding RM13 million. ‘Such criminal activity by lawyers can occur if they misuse their position to mislead clients, disregard

KUALA LUMPUR, Former Penang Chief Minister Lim Guan Eng told the High Court today that allegations about the arrest of his son, at Singapore Changi Airport four years ago, spread by blogger Papagomo, have been denied by former Inspector-General of Police Tan Sri Abdul Hamid Bador. Lim, 64, said that Abdul Hamid, on March 14, 2020, had confirmed that the claim by Papagomo, whose real name is Wan Muhammad Azri Wan Deris, about his son Clint Lim Way Chau being arrested for bringing RM2 million into Singapore without proper declaration, was false. ‘The IGP refuted the claim that my son