Day: October 11, 2024

Bursa Malaysia’s barometer index opened lower, in line with Wall Street’s weaker performance, as traders reacted negatively to September’s United States consumer price index figure, which came in higher than anticipated, said an analyst. At 9.05 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.90 points to 1,639.04, compared to Thursday’s close of 1,640.94. The benchmark index had opened 5.15 points lower at 1,635.79. However, the market breadth was positive, with 146 gainers outpacing 120 decliners while 244 counters remained unchanged, 1,943 were untraded, and nine were suspended. Turnover stood at 98.93 million units, valued at RM101.40 million. The

Thredd, a leading next-generation payments processor, today announced positive third-quarter results with 2024 on track to outperform all prior years, powered by transactions up 20%, key global client wins, programme expansions and growth in distinct payment segments and markets. According to the company, Thredd signed key new clients in the third quarter including digital banks and saw existing B2B programme expansion to the US. The company also announced the launch of virtual card programmes and a major card programme migration in APAC. Source: BERNAMA News Agency

or most, a sunny morning after days of rain and thunderstorms brings a sense of relief, offering a chance to enjoy outdoor activities uninterrupted. However, for an Environmental Studies student at a local university, who prefers to be known as Mariam (not her real name), the clear skies bring no comfort-only anxiety that these unsettling weather events are far from over. Her uneasiness arises from a recent thunderstorm that caused trees to fall in the city centre, reminding her of a nerve-wracking experience when she had to walk through heavy rain and a thunderstorm to reach the nearest LRT station

UEM Edgenta Berhad (UEM Edgenta), Malaysia’s leading provider of integrated asset management and infrastructure services, in collaboration with The Lost Food Project, is proud to announce the remarkable progress of the Saving Animals, Serving Community campaign through the Pet Food Project (PFP) from January to July 2024. As the first initiative of its kind in Malaysia, this groundbreaking project is dedicated to rescuing surplus pet food and redistributing it to animals in need, thereby fostering a more sustainable and compassionate community. UEM Edgenta, the sole corporate partner in this first-of-its-kind collaboration, has been instrumental in driving the success of the

The Orang Asli in Kelantan hope that Budget 2025 will prioritise human resource development within their community, with a particular focus on Technical and Vocational Education and Training (TVET). Penghulu of Kampung Lambok, in the Kuala Betis Resettlement Plan Plan (RPS), Andi Angah, 44, said the empowerment of the Orang Asli through TVET is important to ensure the community, especially the young generation, can progress in line with the current technological development and modernisation in the country. “I hope the government can provide more motivational and skills education programmes for the young generation of the Orang Asli to improve their

the intelligent solutions provider defining the future of property and casualty (P and C) insurance, today announced it has acquired Risk Control Technologies, Inc. (‘RCT’), a Toronto-based provider of risk management and loss control solutions. This strategic investment is set to transform how insurance carriers prevent loss and manage risk, enabling deployment of advanced AI and machine learning capabilities at the forefront. ‘As the world faces increasing risks-whether from climate change, cyber threats, or other emerging challenges-having advanced tools to manage these exposures is crucial. Risk Control is a leader in not only identifying potential loss, but preventing it through