Category: General

KUALA LUMPUR, The Securities Commission of Malaysia (SC) has actively contributed to the ASEAN Taxonomy through the ASEAN Taxonomy Board, which includes central banks, securities regulators and insurance regulators. Its chairman Datuk Mohammad Faiz Azmi said the taxonomy serves as a regional guide for identifying and classifying sustainable finance activities within the region to supplement national efforts. ‘To cater to ASEAN’s diversity, the taxonomy takes a multi-tier approach — Principles-based Foundation Framework for qualitative assessment across all sectors, and A Plus Standard for quantitative assessment in six focus sectors. ‘The ASEAN Taxonomy was the first regional taxonomy to introduce a

KUALA LUMPUR, The location of the landslide that occurred on Jalan E6, Taman Melawati, yesterday is one of 114 out of 600 hotspots identified in Selangor’s Ampang Jaya district as red zones or highly at risk of landslides. Selangor Menteri Besar Datuk Seri Amirudin Shari said that approximately 400 other areas are categorised as orange zones, which are at risk (of landslides). “If we look at the soil structure, this area (Taman Melawati) is situated on limestone. “From Hulu Klang to Batu Caves, this area has a long stretch of limestone, and when water flows through it for months, the

KUALA LUMPUR, The Malaysian Industry-Government Group for High Technology (MIGHT) and Turkish Energy, Nuclear and Mineral Research Agency (TENMAK) exchanged a Memorandum of Understanding (MOU) on Thursday to facilitate research and development (RandD) initiatives that will promote industrial growth in both countries. The MOU aims at establishing a framework for collaboration in the areas of green technology, environmental science, renewable energy, biotechnology, nuclear medicine, nuclear technology, and advanced materials. ‘Programmes and activities outlined in the MoU include the exchange of scientists and specialists in bilateral scientific and technological cooperation, organising scientific and technological seminars in issues of high interest to

Manila: The local stock market slipped on Wednesday following its two-day winning streak while the peso closed slightly stronger against the dollar. The Philippine Stock Exchange index (PSEi) declined by 0.26 percent to 7,437 points. All Shares, however, went up by 0.27 percent to 4,097.56. “Philippine shares settled downwards, settling back to the 7,400 level, as investor optimism propelled the recovery further, amidst expectations that the monetary board would announce another rate cut this Wednesday,” Regina Capital Development Corporation managing director Luis Limlingan said. More than half of the sectoral indices closed in the red, with Mining and Oil recording

LEGAZPI CITY – The National Irrigation Administration (NIA) 5 (Bicol) on Wednesday said 2,000 bags of affordable rice will be available for sale in the “Kadiwa ng Pangulo” at the NIA Camarines Sur Irrigation Management Office in Magarao town on Thursday. In an interview on Wednesday, NIA-Bicol spokesperson Ma. Cleofe Baraero said the Bagong Bayaning Magsasaka (BBM Rice) will be sold to vulnerable groups like senior citizens, persons with disabilities (PWDs), solo parents, and Pantawid Pamilyang Pilipino Program (4Ps) members. “We are inviting the public, particularly those who belong to vulnerable groups, to avail of the low-cost and newly harvested