Day: October 14, 2024

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Monday despite the better underlying cash market’s performance. Spot month October 2024 shed 4.5 points to 1,633.50, November 2024 and March 2025 slid 3.0 points to 1,637.50 and 1,629.0, respectively, while December 2024 fell 4.0 points to 1,640. Turnover decreased to 5,984 lots from 6,258 last Friday, while open interest narrowed to 46,388 contracts from 46,608 previously. At 5 pm, the FBM KLCI was up 0.18 per cent, or 2.99 points, to 1,636.54 from Friday’s close. Source: BERNAMA News Agency

KUCHING, Sarawak would like to promote two palm fruit harvesting machines produced by Sarawak Plantation Bhd (SPB) globally. Sarawak Premier Tan Sri Abang Johari Tun Openg said the machines, known as Lipan and Kerbau, can harvest 1.2 tonnes of palm fruits in two minutes, raising harvesting productivity. “I have discussed with MPOB (the Malaysian Palm Oil Board) about the machinery. This is a technology transfer. This means we have found a new technology to harvest palm fruit (in a more productive manner.) “I have invited MPOB to become an equity partner in the company (SPB). The Sarawak government will step

BALING, Residents of Kampung Teluk Rambong are calling for the immediate construction of a new permanent bridge to replace the three bridges in their village that were destroyed by floods. Mohamad Yusof Mohd Nor, 61, residents’ daily activities, those involving agriculture and the transportation of produce like palm oil, rubber, and bananas, would be disrupted if the issue was not resolved swiftly. ‘I run durian and banana farms and have been living here for almost 50 years. I can say this flood is unlike anything I have ever seen before. ‘This flood has swept away three bridges that connect various

KUALA LUMPUR, It is a common practice for ships, including naval vessels worldwide, to make temporary stops at ports before continuing to other destinations, said Defence Minister Datuk Seri Mohamed Khaled Nordin. Confirming the presence of a Russian Navy vessel in Penang today, he said the ship from the Russian Navy’s Pacific Fleet is anchored at the port until this Thursday. He added that an Italian Navy vessel had made a stop at Port Klang, Selangor, for four days starting from Oct 1. ‘A German Navy vessel is scheduled for a port of call at Port Klang this Wednesday. All

KUALA LUMPUR, The government is offering a voluntary rehabilitation programme to members of GISB Holdings Sdn Bhd (GISBH) and followers of its doctrine, who are still at large, to help them return to the true teachings of Islam. National Security Council (MKN) deputy director-general Datuk Baharuddin Ahmad said that registration for the three-month programme opens today until Nov 14 and all members of the group are welcome to participate, regardless of age or gender. He said that the programme, mooted by Prime Minister Datuk Seri Anwar Ibrahim, aims to provide more systematic guidance on issues of faith, as well as