Category: General

KUALA LUMPUR: The ringgit continued its rally for the 10th day today, hitting a 14-month high of RM4.49 against the greenback at the close as anticipation for a United States (US) rate cut gained momentum, said an analyst. At 6 pm, the ringgit appreciated to 4.4945/4995 versus the US dollar from yesterday’s close of 4.5675/5710, but just before closing, it touched an intraday high of 4.4880. The highest closing level previously was 4.4960/4985, registered on May 15, 2023. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the latest data points from the US suggest that the

KUALA LUMPUR: Media practitioners will receive a one-off rebate on their mobile phone bills for August, in conjunction with the National Month celebrations. The Ministry of Communications, in a statement today said the RAHMAH Rebate Incentive for media practitioners, introduced in 2023, will continue this year, as announced by Minister Fahmi Fadzil during the National Journalists’ Day (HAWANA) 2024 celebration in May. ‘This incentive is available to Malaysian media practitioners who hold a media accreditation card (that is not expired) issued by the Malaysian Information Department (JaPen) and are subscribed to a postpaid plan with a participating telecommunication companies (telcos).

PUTRAJAYA, A National Decarbonisation Roadmap for Aviation will be launched in September, said Transport Minister Anthony Loke. He said the roadmap would act as a policy guideline and a way forward for decarbonisation involving airlines and airport operators, as well as the adoption of sustainable aviation fuel (SAF). “It will encompass a few sectors and elements towards decarbonisation,” he said at the Transport Ministry’s monthly assembly here today. Loke said the Cabinet had endorsed and approved the roadmap for publication and implementation. He said the roadmap was drawn up based on input from many airline and aviation stakeholders. Loke said

PETALING JAYA, Malaysia’s first digital banking services provider GX Bank Bhd has recorded over 750,000 customers who have opened over 800,000 ‘savings pockets’ or wallets. GX Bank chairman Datuk Zaiton Mohd Hassan said the digital bank, which has been in operation since November 2023, has also achieved more than 13 million transactions collectively through GX cards and QR (quick-response) code scans. ‘This growth marks the Malaysian choice towards the digitalisation of banking services in this era and their trust in digital banking,” she said during the launch ceremony of the GX Bank Headquarters and GX Bank Centre of Excellence here

MANILA: The Canadian government is hoping for the swift conclusion of talks on the possible Status of Visiting Forces Agreement (SoVFA) with the Philippines, its top diplomat in Manila said Friday. Aboard the HMCS Montreal, Canadian Ambassador to the Philippines David Hartman said the two nations have exchanged texts and drafts of the defense pact. ‘We’re much more optimistic that we will be able to conclude far more quickly, and we really are hoping to advance in the coming months,’ he said in a press conference. ‘The reality is, we’ve already exchanged text drafts, frankly, what we would want to