Year: 2024

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed mostly higher, despite the weaker performance of COMEX gold futures. At the close, spot month August 2024 was unchanged at US$2,474.50 per troy ounce. Meanwhile, September 2024, October 2024, November 2024, December 2024, and February 2025 rose to US$2,478.20 per troy ounce from US$2,474.50 per troy ounce at Friday’s close. Volume decreased to 22 lots from 69 lots last week, while open interest fell to nine contracts against 77 contracts previously. The price of physical gold stood at US$2,469.85 per troy ounce, according to the London Bullion Market Association’s

KUALA LUMPUR, The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives slipped on Monday, driven by bearish global sentiment and a sell-off in the equities market, said palm oil trader David Ng. Ng also said concerns over weak demand due to the ringgit’s strength are pressuring the CPO market. ‘We see the next price support at RM3,700 and resistance around RM3,870,’ he told Bernama. Ng added that this is the lowest level in five months. At the close, the spot month August 2024 contract fell by RM91 to RM3,930 per tonne, and the September 2024 and December 2024

PENAMPANG, A driver was caught red-handed and his lorry confiscated after his extra tank of 206 litres of subsidised diesel fuel was suspected to be used for embezzlement, said Sabah director of Ministry of Domestic Trade and Cost of Living (KPDN) Georgie Abas. He said KPDN, which conducted Op Tiris around the Penampang area today, had spotted the 31-year-old man purchasing diesel for his lorry at a petrol station in the district. He said a closer inspection of the lorry showed an additional fibre-plated tank at the back of the vehicle containing 206 litres of diesel fuel. ‘The driver failed

SONGHKLA, The Selangor Government and Thailand are set to deepen their diplomatic ties through food and culture festivals in conjunction with Visit Selangor Year 2025. Selangor Housing and Culture Committee chairman Borhan Aman Shah said this was part of ongoing efforts to showcase Selangor’s identity while also generating income for tourism industry players in the state. ‘Through this effort, we aim to showcase dishes such as nasi ambeng, punten, and sate, which are integral to our state’s identity. We hope to use this opportunity to introduce Selangor to Thailand. ‘We will also feature a range of products from local entrepreneurs,

KEPALA BATAS, A total of 6,500 Jalur Gemilang will be distributed at various locations visited by the Kembara Merdeka Jalur Gemilang (KMJG) 2024 convoy in Penang, which began today. State Information Department (JaPen) director Hasmiza Hussin said the convoy would visit three districts, namely Seberang Perai Utara (SPU), Seberang Perai Tengah (SPT) and Seberang Perai Selatan (SPS). ‘They will distribute the Jalur Gemilang to the public, MADANI Communities and non-governmental organisations (NGOs). ‘Additionally, JaPen will continue distributing the national flags to the public throughout the national month,’ she told reporters here today. Hasmiza was met at the event welcoming the