Day: October 10, 2024

KUALA LUMPUR, Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their downtrend today to close mostly lower for the third consecutive day amid signs of higher stock levels in the country following the Malaysian Palm Oil Board’s (MPOB) September 2024 data release, a trader said. Palm oil trader David Ng said palm oil stocks rose nearly seven per cent month-on-month in September, driven by a weaker-than-expected export pace that contributed to the overall increase in inventory in the country. ‘Stocks in September increased owing to a weaker-than-expected export pace. This trend is likely to put pressure on prices

SEREMBAN, Yang Dipertuan Besar Negeri Sembilan, Tuanku Muhriz Tuanku Munawir has decreed that the welfare of children associated with GISB Holding Sdn Bhd (GISBH) in the state be safeguarded, including ensuring they receive proper mainstream education. Menteri Besar Datuk Seri Aminuddin Harun said Tuanku Muhriz issued the royal directive during the ‘Dewan Keadilan dan Undang Negeri Sembilan’ session, which convened at Istana Seri Menanti, here, this morning. He said Tuanku Muhriz also proposed that the state’s Social Welfare Department (JKM) pay special attention to children aged between four and 15 years who have not been claimed by their parents. ‘These

KUALA LUMPUR, Industry players and training providers have lauded the Human Resources Ministry’s (KESUMA) move to enhance the Human Resource Development Corporation’s (HRD Corp) Allowable Cost Matrix (ACM). In a statement today, HRD Corp said employers, industry associations, and training and coaching communities noted that the ministry’s move would provide greater flexibility for employers and their employees while supporting the growth of the training industry. Malaysian Employers Federation (MEF) president, Datuk Dr Syed Hussain Syed Husman said the new fee structure allows employers more flexibility in conducting training programmes, including professional development courses and flexible modular courses. “We also believe

KUALA LUMPUR, The Prisons Department has confirmed that a male inmate’s death at the Pokok Sena Prison, Kedah, last Monday was due to bacterial infection in the blood. The department explained that the inmate complained of feeling unwell last Friday (Oct 4), nine days after his rotan sentence was carried out on Sept 25. “Following an illness complaint by the inmate, the prison continued to carry out examinations through intensive treatment by medical officers. “The inmate was taken to Sultanah Bahiyah Hospital on Oct 7 for further treatment before he was confirmed dead. The preliminary post-mortem report stated that the

PUTRAJAYA, More than 300 athletes tested during the 2024 Malaysia Games (SUKMA XXI) in Sarawak from Aug 17-24 have been confirmed negative for the use of banned substances so far, but 13 samples are undergoing further analysis. Director of the Malaysian Anti-Doping Agency (ADAMAS) Azura Abidin said it has received the report from a laboratory in Doha, Qatar, which will carry out Isotope Ratio Mass Spectrometry (IRMS) analysis. The analysis aims to identify whether there was use of synthetic steroids by the athletes involved. ‘The possibility (is that the result) will remain negative, but there is also a possibility that