Category: General

KUALA LUMPUR, The retail prices for RON97 and RON95 petrol will remain unchanged, at RM3.19 and RM2.05 per litre respectively, from Oct 17 to 23. The Ministry of Finance, in a statement today, said that the retail price of diesel in Peninsular Malaysia will remain at RM2.95 per litre, while in Sabah, Sarawak, and Labuan, it will remain at RM2.15 per litre during the same period. The prices are determined based on the weekly retail prices of petroleum products, using the Automatic Pricing Mechanism formula. ‘The government will continue to monitor the trend of world crude oil prices, and take

KUALA LUMPUR, Sime Darby Bhd aims to enhance its return on equity (ROE), reduce debt, prioritise the integration of new acquisitions and strengthen its partnership with Toyota and Daihatsu Japan in the financial year 2025 (FY2025). “While we anticipate economic fluctuations in some of our markets, we are confident that our strategic vision, resilient infrastructure and dedication to excellence will sustain our momentum,” Tan Sri Samsudin Osman said in his chairman’s statement in the 2024 Annual Report. Cautiously optimistic as the conglomerate approaches FY2025, he said the group remains devoted to fulfilling its vision to become the leading motors and

PUTRAJAYA, Women, Family and Community Development Minister Datuk Seri Nancy Shukri has disclosed that some individuals have been observed “monitoring” shelters that house children rescued during Op Global, an operation involving Global Ikhwan Services and Business Holdings (GISBH). In light of these observations, Nancy said the ministry is uncertain whether these individuals are the children’s parents or unrelated parties, prompting an increase in security measures to protect the children. “We’ve noticed people watching our shelters from the outside. We are unsure if they are parents or others, which is why we must ensure these shelters are fully secure,” she told

KUALA LUMPUR, The hearing of the defamation suit filed by Tun Dr Mahathir Mohamad against Datuk Seri Dr Ahmad Zahid Hamidi, which was scheduled to continue today at the High Court here, has been postponed to Oct 29 after the former prime minister was admitted to the National Heart Institute (IJN) due to a lung infection. Dr Mahathir’s lawyer Mior Nor Haidir Suhaimi informed the court that his client was admitted to IJN yesterday afternoon due to a lower respiratory tract infection (LRTI). “As such, my client has been issued medical leave until Oct 25. I request that today’s and

KUALA LUMPUR, Bursa Malaysia traded lower at mid-morning as sentiments and risk appetites remained subdued after a Wall Street sell-off overnight. At 11.06 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 10.46 points to 1,631.51, from Tuesday’s close of 1,641.97. The benchmark index initially opened 1.83 points higher at 1,643.80. The broader market was negative, with decliners outnumbering gainers 602 to 196, while 444 counters remained unchanged, 1,251 untraded, and eight suspended. Turnover reached 1.10 billion units, valued at RM732.51 million. SPI Asset Management managing partner Stephen Innes said despite solid earnings from financial powerhouses like Goldman Sachs, Citigroup,