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Day: October 14, 2024

Rubber Market Ends Higher, Tracking Regional Futures Markets

KUALA LUMPUR, The Kuala Lumpur rubber market closed higher on Monday, tracking the performance in the regional rubber futures markets. A dealer said that the tight natural rubber production due to adverse weather forecasts in Southeast Asian production areas continued to support the market, with Thailand’s meteorological agency warning of heavy rains that may cause flash floods this week. Nevertheless, further gains were capped by losses in crude oil prices as the sentiment was dented by uncertainties in the timing and scale of China’s stimulus package, coupled with the escalating Middle East conflict. China’s consumer price index grew at a

Queen Officiates Malaysia Book Corner At Brunei’s UNISSA

BANDAR SERI BEGAWAN, Her Majesty Raja Zarith Sofiah, Queen of Malaysia, visited the Gadong Campus of Universiti Islam Sultan Sharif Ali (UNISSA) here today to officiate the Malaysia Book Corner, which showcases collaborative research publications between Brunei and Malaysia. The Queen, who is on a state visit to Brunei with His Majesty the King, Sultan Ibrahim starting yesterday, was accompanied by Pengiran Anak Isteri Pengiran Raabi’atul Adawiyyah as the Royal Escort. Her Majesty arrived at the university library at 2.15 pm and was welcomed by Brunei’s Minister of Education Datin Seri Setia Dr Romaizah Md Salleh and UNISSA Rector Datuk

FBM KLCI Pares Gains But Stays In Positive Territory

KUALA LUMPUR, Bursa Malaysia pared gains but stayed in positive territory at the close on Monday, on buying interest in banking, telecommunications and commodity-related stocks. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was up 0.18 per cent, or 2.99 points, to 1,636.54 from Friday’s close. The benchmark index, which opened 3.62 points higher at 1,637.17, moved between 1,632.37 and 1,642.56 throughout the trading session. In the broader market, decliners thumped gainers 654 to 341, with 497 counters unchanged, 973 untraded, and nine suspended. Turnover narrowed to 2.23 billion units worth RM2.09 billion from 2.29 billion units worth

Dewan Rakyat Passes Amendments To Infectious Diseases Control Act

KUALA LUMPUR, The Dewan Rakyat today passed the Prevention and Control of Infectious Diseases (Amendment) Bill 2024 by a majority voice vote after being debated by 23 Members of Parliament. Deputy Health Minister Datuk Lukanisman Awang Sauni said the bill is important to ensure the country’s preparedness in tackling the threat of infectious diseases. “It not only ensures more efficient and effective prevention and control, but also provides a solid enforcement foundation to face any future outbreaks or pandemics, as well as new infectious disease threats,” he said when winding up the debate on the bill. On concerns about the

Mavenir Snags Most Innovative Cloud Product At Network X Awards

KUALA LUMPUR, Mavenir, a pioneer in cloud-native network infrastructure, has been recognised as a global leader in telecom innovation, winning the esteemed 2024 Network X Award for Most Innovative Cloud Product. According to Mavenir in a statement, this accolade reaffirms the company’s excellence in delivering cutting-edge Cloud-Native Automation solutions to mobile network operators (MNOs). This recognition also solidifies Mavenir’s leadership in automating cloud-native 5G network deployments, empowering MNOs to accelerate time-to-market and reduce total cost of ownership (TCO). Mavenir Chief Technology and Strategy Officer, Bejoy Pankajakshan said: ‘Our solution simplifies and accelerates network and services deployment, providing a cost-effective path

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