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Day: September 11, 2024

CPO Futures Close Higher On Bargain Buying

KUALA LUMPUR, Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher today on bargain buying after three successive days of closing lower, said Fastmarket Palm Oil Analytics senior analyst Dr Sathia Varqa. However, weak exports, a stronger ringgit and some profit-taking ahead of United States Department of Agriculture (USDA) September data both ‘pushed and pulled’ CPO futures in the day’s second trading session, he said. Meanwhile, palm oil trader David Ng said weaker soybean and crude oil prices continued to put pressure on CPO prices, but expectation of weaker output is seen as limiting the price downside. ‘We

Perak Denies Approving RM30 Million For Development of Chinese Village- Saarani

IPOH, The Perak government has refuted the claim by an activist of a non-government organisation, which has gone viral on social media, that it approved an allocation of RM30 million for the development of Kampung Baru Cina in the state. Menteri Besar Datuk Seri Saarani Mohamad said the activist concerned made the statement on the matter, which was a lie and fictitious, during a political talk with the opposition leaders. “It is regrettable that an activist chose to make such a statement on a political platform, deliberately issuing a highly distorted remark that creates a public misconception about the Perak

PM Anwar Attends Dinner Reception With Sabah Leadership

KOTA KINABALU, Prime Minister Datuk Seri Anwar Ibrahim attended a dinner reception with Sabah state government leaders at a hotel here tonight. The Prime Minister arrived at 7.27 pm, accompanied by Chief Minister Datuk Seri Hajiji Noor. The dinner was attended by Deputy Prime Minister Datuk Seri Fadillah Yusof, Minister of Entrepreneur Development and Co-operatives Datuk Ewon Benedick, Deputy Minister of Science, Technology and Innovation Datuk Mohammad Yusof Apdal, and Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan. Also present were Sabah’s Deputy Chief Minister I Datuk Seri Dr. Joachim Gunsalam, Deputy Chief Minister III Datuk Shahelmey Yahya, State

Liek Hou Plans To Help Former Athletes With Paralympic Incentive

KUALA LUMPUR, National para badminton ace Cheah Liek Hou has another plan for spending the RM1 million incentive he received following his gold medal victory at the Paris 2024 Paralympics. The 36-year-old athlete said besides helping those in need, he would also donate a portion of his winnings to assist former athletes who were less fortunate. ‘Three years ago, I made donations to charity organisations, orphanages, people with disabilities (OKU), and old folks’ homes. This time, there’s a slight difference; I want to help former athletes who are struggling. ‘So, I might contribute some donations to retired athletes who are

Man Sustains Injuries While Extinguishing Warehouse Fire

ALOR SETAR, A man suffered burns to his shoulder and back while attempting to extinguish a fire at a vehicle spare parts warehouse, owned by a family member, in the Mergong Industrial Area today. Kedah Malaysian Fire and Rescue Department (JBPM) Zone 1 head Senior Supt I Ahmad Aminuddin Abd Rahim said the 59-year-old man received initial treatment from the Emergency Medical Rescue Services (EMRS) before being transferred to the hospital for further treatment. “The fire services received a distress call at 5.16 pm. Six engines from the Jalan Raja Fire and Rescue Station (BBP) and Alor Setar BBP, along

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