Day: August 28, 2024

PUTRAJAYA, The National Water Services Commission (SPAN) has introduced the SPAN Water Transformation Fund (DTAS) to support small-scale water supply projects starting August 31. In a statement today, SPAN informed that DTAS provides alternative financing for projects costing up to RM50,000, with a focus on rural areas. It covers both the construction of new infrastructure and the renovation of existing facilities. Eligible applicants include Malaysian citizens representing non-governmental organisations (NGOs), places of worship, educational institutions, registered charities, or Resident Committees. Individual applications are not accepted. ‘The funded projects must benefit at least 50 people or 12 families with long-term improvements

KUALA LUMPUR, The government will conduct an integrity audit on the entire utility system at Jalan Masjid India here after the search and rescue operation for the victim of the sinkhole incident in the area is completed. Deputy Prime Minister Datuk Seri Fadillah Yusof said the inspection is being carried out to ensure public safety and to identify the cause of the subsidence in the affected area. He said the integrity audit would involve several agencies, including the Kuala Lumpur City Hall (DBKL), Indah Water Konsortium, the Public Works Department (JKR), the Fire and Rescue Department, and the Department of

KUALA LUMPUR, The ringgit extended its rally against the US dollar for the third consecutive day on the back of a spillover effect from foreign investors’ interest in the local bourse, said an economist. At 6 pm, the ringgit advanced to 4.3425/3460 against the greenback versus Tuesday’s close of 4.3460/3500. ‘We have seen foreign investors recording net purchases totalling RM1.2 billion from Aug 1 to Aug 27. ‘This suggests foreign investors have shown strong interest in Malaysia’s capital markets, effectively creating a higher demand for the ringgit,’ Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid told Bernama.

GEORGE TOWN, Penang police have arrested four men and two women in a series of recent raids, effectively dismantling a gang involved in a series of robberies and temple break-ins across three districts in the state. State police chief Datuk Hamzah Ahmad said that the Penang Contingent Criminal Investigation Department initiated special operations from July 3 to Aug 23, leading to the arrest of six local individuals, aged 18 to 42. “During these operations, police conducted five raids in Selangor and Penang, apprehending all suspects believed to be involved in a series of robberies and temple break-ins in Seberang Perai

KUALA LUMPUR, The retail price of RON97 petrol and diesel in Peninsular Malaysia will drop five sen to RM3.42 and RM3.18 per litre respectively, from tomorrow until Sept 4. The Ministry of Finance (MOF) in a statement today said the price reduction for RON97 and diesel in the peninsula is in line with the reduction in the global crude oil prices. ‘The Government will continue to monitor market developments and adjust the diesel fuel’s retail price based on global oil market fluctuations, whilst supporting price stability,’ it said. However, the statement said the retail price of RON95 petrol will remain