Day: September 20, 2024

Bursa Malaysia moved higher in early trade today, tracking a rally on Wall Street overnight. At 9.15 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 5.10 points to 1,670.75 from Thursday’s close of 1,665.65. The benchmark index opened 5.03 points higher at 1,670.68. In the broader market, gainers led decliners 400 to 105, with 273 counters unchanged, 1,697 untraded and 32 suspended. Turnover amounted to 301.88 million shares worth RM224.0 million. Malacca Securities Sdn Bhd expects the local technology sector to track Wall Street’s performance overnight as American tech stocks surged to new highs following the recent US interest

Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor is in Kumamoto, Japan, on an official visit, not a holiday, according to the Menteri Besar’s Office. In a statement today, it addressed allegations on social media claiming that the Menteri Besar was vacationing with his wife overseas, despite floods and storms affecting several districts in Kedah. The visit aims to study underground dam management in the region, tied to a project in Langkawi to tap underground water reserves, expected to meet the island’s needs until 2040. ‘The construction of the underground water dam in Langkawi, slated for completion by 2028,

The number of flood evacuees in Kedah has risen to 6,087 as of 8 am today, compared to 4,425 last night, while the situation in Perlis and Penang remains largely unchanged. According to the Disaster Info report by the Social Welfare Department, 1,942 flood-affected families in Kedah have been relocated to 36 temporary relief centres (PPS) across seven districts. Kota Setar recorded the highest number, with 2,424 individuals, followed by Kubang Pasu (1,537), Pokok Sena (925), Pendang (806), Kuala Muda (184), Bandar Baharu (131), and Kulim (80). Meanwhile, the Infobanjir website of the Department of Irrigation and Drainage stated that

The Royal Malaysian Customs Department’s Central Zone Unit III (LTAKL) successfully dismantled a smuggling operation involving various goods, with seizures valued at over RM1.76 million, including duties, in August. Customs Central Zone Enforcement Operations director Zulkifli Muhammad revealed that on Aug 13, a raiding team discovered 84 master cases containing 500,800 sticks of white cigarettes and 63 master cases filled with old newspapers, loaded on four commercial pallets. ‘A thorough inspection found that the white cigarettes entered as cargo through the Kuala Lumpur International Airport (KLIA) Free Zone without a valid permit, declared as ‘Clothes and Jeans.’ ‘The estimated value

Corn in a cup vendor Hasrin Masnawi, 55, continues to sell his signature snack, mixed with butter and condensed milk, at RM2 per cup, at the same price when he first started his business 24 years ago. Hasrin said he sells around 600 cups daily, generating a decent profit that has helped supplement his income to raise his five children. ‘Although the profit margin isn’t large, I’m happy because more people can enjoy this snack. Many have become regular customers. Also, I see this as a way to give back,’ he said when met at his stall on Jalan Dato