Day: October 14, 2024

Manila: The Presidential Communications Office (PCO) on Monday vowed to continue providing accurate and relevant information to the public as it celebrates 82 years of service. ‘Our commitment remains steadfast: to provide accurate, timely, and relevant information that empowers the Filipino citizen,’ the PCO said in a social media post. ‘Together, let’s foster an informed community that stands against disinformation and strives for a brighter future for the Filipino people!’ it added. The PCO is in charge of disseminating the government’s message to the public, exercising supervision and control over state-owned media entities to spread official messages properly and effectively.

KUALA BERANG, The Semaq Beri Orang Asli tribe’s raft project in Tasik Kenyir here is expected to help preserve the community’s culture and improve their economic status when it becomes a new tourist attraction. The idea for the rafts, completely built by the tribe, was mooted by staff from Taman Negara Terengganu, a non-governmental organisation (NGO) and two freelance photographers who were enchanted by the beauty of the 38,000-hectare man-made lake. Taman Negara Terengganu superintendent Sharena Sapri said the project, which is now at the pilot stage, stems from their desire to highlight the traditional transportation methods used by the

PETALING JAYA, The tax exemption granted to Universiti Tunku Abdul Rahman (UTAR) which was reported to be owing RM83 million to the Internal Revenue Board (IRB) is because the government does not tax non-profit education based entities. Prime Minister Datuk Seri Anwar Ibrahim said the late approval for exemption to UTAR was because the university is still under Yayasan Tunku Abdul Rahman (TAR) whose structure has not yet been separated between the matters of commercial business companies and education. “The issue of tax exemption for UTAR, which is a Chinese university. What is our policy? We exclude all efforts for

KUALA LUMPUR, The government’s willingness to amend relevant laws to combat scam syndicates is among the highlights of the first day of the Third Meeting of the Third Session of the 15th Parliament today. According to the Order Papers published on the Parliament website, Khoo Poay Tiong (PH-Kota Melaka) will pose the question to the Prime Minister during the oral question and answer session. Khoo wants to know whether amendments to the relevant laws will be made by the government to address scam syndicates, which are now targeting company accounts as mule accounts for their illegal activities, following the amendments

SEREMBAN, The Fisheries Development Authority of Malaysia (LKIM) hopes that the upcoming Budget 2025, set to be tabled this Friday, will drive transformation in the fisheries sector, with a focus on enhancing the well-being of fishermen. LKIM chairman Muhammad Faiz Fadzil said that continuous subsidies, increased cost of living allowances, and the government’s ongoing support for modern technology adoption could positively impact fishermen’s income while contributing to the growth of a more sustainable fisheries sector. ‘Currently, 81,991 fishermen are registered with LKIM nationwide. This figure highlights the size of the fishing community relying on government assistance through various LKIM programmes,”

KUALA LUMPUR, Bursa Malaysia opened higher today, taking cues from the firmer closing on Wall Street last Friday, analysts said. At 9.05 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 4.22 points to 1,637.77, compared with Friday’s close of 1,633.55. The benchmark index initially opened 3.62 points higher at 1,637.17. Market breadth was positive, with 150 gainers outpacing 113 decliners, while 260 counters remained unchanged. A total of 1,942 stocks were untraded, and nine were suspended. Turnover reached 133.33 million units, valued at RM58.15 million. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the FBM