Day: October 14, 2024

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures rose in early trade today, following the performance of the underlying cash market. At 9.20 am, the October 2024 contract increased by 1.0 point to 1,639.0, the November 2024 contract was up 3.0 points to 1,644.0, December 2024 rose 3.0 points to 1,651.5, and March 2025 added 2.5 points to 1,646.5. Turnover reached 1,225 lots, with open interest at 42,782 contracts. The benchmark FBM KLCI was 5.61 points firmer at 1,639.16 after 35 minutes of trading. Source: BERNAMA News Agency

SUNGKAI, The Perak Department of Agriculture is expanding onion cultivation to 10 hectares in the second phase of its initiative, aimed at boosting production and reducing imports, said its director Norsiyenti Othman. She said that the success of a pilot project covering one hectare in Kampung Kuala Bikam, which yielded 3.3 metric tonnes during its first harvest in April, served as a catalyst for scaling up onion planting efforts. She explained that this expansion initiative, a strategic joint venture between the state government and potential entrepreneurs, has been supported through ongoing retraining and capacity-building programmes. ‘Currently, we have commenced planting

MELAKA, Tourism industry players in Melaka are hopeful that the federal government will allocate special funds in the upcoming Budget 2025 to enhance infrastructure and public facilities, particularly in tourist hotspots, while also increasing funding for tourism promotion efforts. Melaka Tourism Association (MTA) president Madeline Kuah Mei Lee said this is especially important now that Melaka has been selected to host World Tourism Day (WTD) 2025, presenting a key opportunity to showcase both Melaka and Malaysia as premier tourist destinations. ‘Melaka is a state rich in heritage, history, and culture, and it is vital that preservation and conservation efforts continue,

KUALA LUMPUR, A total of 3,942 projects, or 45.9 per cent of the 8,593 development projects under the 12th Malaysia Plan (12MP), are in progress as of August 26 this year, said the Auditor-General. However, 169 of these ongoing projects are experiencing delays or difficulties, according to the Auditor-General’s statement regarding the Auditor-General’s Report (LKAN) 3/2024 on the Federal Government’s Financial Statements for 2023, presented in Parliament today. Meanwhile, 1,434 projects are in the post-implementation stage; 3,085 projects are in the pre-implementation stage, and 132 projects are categorised as cancelled or under review, according to the report. Therefore, the Auditor-General

KUALA TERENGGANU, A construction site supervisor has fallen victim to an investment scam, losing RM118,800 after being lured into a non-existent scheme through the ATS Pro application. Kuala Terengganu district police chief ACP Azli Mohd Noor said that the 39-year-old victim discovered the application when an unknown individual added it to a WhatsApp group on April 21. Intrigued by the discussions and profits shared by other group members, the victim was subsequently contacted by an individual named ‘Vincent’, who encouraged him to invest based on recommendations from a mentor named ‘Joel Kim’. ‘The investment agreement was executed online with Dimensional

SUNGAI SIPUT, A resident braved rising floodwaters in trying to save important documents during a flood that hit Kampung Lintang here yesterday. However, Zarul Nizam Zakaria, 31, a factory worker who had left home to visit his brother in Batu Gajah on Saturday, was unable to save anything as his house was completely submerged. ‘I was informed by the villagers that the water had risen, so my children, wife, and I rushed back. When we arrived at the town road in Lintang, the water had already risen. I left my wife and children at the Temporary Evacuation Centre (PPS) for