Day: October 1, 2024

JITRA, The search operation for the body of retired Felcra employee Sabari Baharom, 62, who is suspected to have been thrown into Sungai Padang Terap, resumed today. The joint operation with the Marine Police, the Royal Malaysia Police, the Malaysian Fire and Rescue Department, and the Malaysian Civil Defence Force began at 9 am. It is reported that the search radius has been expanded to 12.8 km along the river, starting from the Kampung Empa bridge in Derang, which is the location where the victim is believed to have been thrown. Yesterday, police confirmed that the victim was likely thrown

KUALA LUMPUR, Prime Minister Datuk Seri Anwar Ibrahim announced that Malaysia will forge partnerships with industry leaders and enhance cooperation among stakeholders to position itself as a leading artificial intelligence (AI)-driven nation in ASEAN. He emphasised that digitalisation in ASEAN is one of Malaysia’s priorities as the country prepares to assume the chair of the economic group. ‘The issue of digitalisation and networks is not only for Malaysia but for the entire region… we should be able to listen and engage with the Google team to explore ways we can expedite and accelerate this (digitalisation) process,’ he said during his

KUALA LUMPUR, Malaysia’s low-wage structure is a significant factor behind the Employees Provident Fund’s (EPF) inadequate savings. EPF chairman Tan Sri Mohd Zuki Ali said irregular contributions, particularly among those in informal or gig economy roles have exacerbated the situation. ‘The growing shift towards informal work has led to fewer individuals accessing formal retirement savings schemes such as the EPF. ‘Compounding this is the relatively low level of financial literacy, which limits people’s understanding of the importance of saving and retirement planning,’ he said in his welcoming remarks for Financial Literacy Month 2024. It was reported that the government has

KUALA LUMPUR, Bursa Malaysia ended the morning session slightly higher today, driven by renewed buying in selected heavyweights, in line with regional market recovery, said an analyst. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was up a marginal 0.02 of-a-point, or 0.01 per cent, to 1,648.93, against Monday’s close of 1,648.91. The benchmark index opened 1.49 points lower at 1,647.42. Across the broader market, advancers led decliners 536 to 357, with 465 counters unchanged, 1,052 untraded and six suspended. Turnover stood at 1.55 billion shares worth RM1.06 billion. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak

KUALA LUMPUR, Malaysia has the potential to become a hub for technological innovation in Southeast Asia, said Deputy Prime Minister Datuk Seri Fadillah Yusof. He emphasised that achieving this goal requires collaboration between the government, private and academic sectors, to create an ecosystem that nurtures innovation at every level. “What we need now are engineers who can not only design and build structures but also find solutions to problems not just in our country, but globally. “With solutions generated through research, we can provide answers to the challenges faced by the world in various sectors, including construction and engineering. “Now,