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Day: October 4, 2024

Malaysian Durians Sell Out In China

In less than 24 hours, Chinese consumers snapped up the first batch of fresh Malaysian durians exported to China. A total of 40 tonnes were put on sale from Aug 26 onwards at selected retail outlets in six regions in the People’s Republic. Malaysia’s Ambassador to China, Datuk Norman Muhamad, said the durian’s freshness and high quality saw the king of fruits well received by the Chinese people at every outlet where it was sold. “Indeed, all the durians were sold out on the very first day, which was at the launch ceremony (of the sale), on Aug 26. Even

Remand Extended For 24 Individuals Including GISBH’s Top Management

The remand order for 24 individuals, including the top management of GISB Holdings Sdn Bhd (GISBH), has been extended for another seven days until Oct 10 to assist in investigations under the Anti-Trafficking in Persons and Anti-Smuggling of Migrants (ATIPSOM) Act 2022. Inspector-General of Police Tan Sri Razarudin Husain, when contacted, confirmed the action against the ‘high-value targets’ related to the GISBH case. He added that the remand for the wife of another senior GISBH leader has been extended until tomorrow. Source: BERNAMA News Agency

CPO Futures Close Higher Amid Rising Crude Oil Prices

Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Friday amid rising crude oil prices, a dealer said. Palm oil trader David Ng said the price hike was driven by the expectation of a strong export CPO pace and escalating tension in the Middle East. ‘We see support at RM4,180 and resistance at RM4,350,’ he told Bernama. At the close, the spot month October 2024 contract surged RM133 to RM4,400 per tonne, November 2024 rose RM123 to RM4,355, while the benchmark December 2024 increased RM118 to RM4,300. The January 2025 contract gained RM110 to RM4,243 per tonne,

Residensi Klebang 2 Housing Project Reaches 99 Per Cent Completion

The Residensi Klebang 2 housing project under Perbadanan PR1MA Malaysia (PR1MA) here is almost 99 per cent complete and is expected to conclude soon, says Melaka Housing and Local Government, Drainage, Climate Change and Disaster Management Committee senior chairman Datuk Rais Yasin. He said the remaining work of the 800-unit apartment project only involved infrastructure development. ‘I was informed by PR1MA earlier regarding Residensi Klebang 2, and they have committed to completing the project as soon as possible… only less than two per cent remains, and it is only an infrastructure issue. ‘I have received many complaints from buyers who

Iswardy Morni Ordered To Enter His Defence For Allegedly Insulting Agong

The Sessions Court here today ordered an activist to defend himself on a charge of issuing a statement on his Facebook page that was mixed with sedition and for insulting the Yang di-Pertuan Agong, three years ago. Judge Datuk MM Edwin Paramjothy made the ruling after finding that the prosecution succeeded in proving a prima facie case against Iswardy Morni, 47, at the end of the prosecution’s case. ‘Therefore the accused was ordered to defend himself,’ he said. The prosecution was led by Deputy Public Prosecutor Iznina Hanim Hashim while the accused was represented by counsel Faizal Rahman. A total