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Category: General

Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price

KUALA LUMPUR, The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward. At 6 pm, the local note dropped to 4.3080/3120 versus the greenback compared to yesterday’s close of 4.2945/2995. US Federal Reserve (Fed) governor Christopher Waller has urged a more cautious approach to interest rate cuts, pointing to recent economic data that highlighted the strength of the US economy and labour market, according to the latest media reports. SPI Asset Management managing director Stephen

Floods: Machinery Of NADMA, Relevant Agencies Mobilised To Flood-hit Areas

KUALA LUMPUR, All machinery of the National Disaster Management Agency (NADMA) and other enforcement agencies, from the central to the district level, have been mobilised to flood-hit areas to assist in the evacuation of victims to temporary relief centres (PPS). Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said coordination between NADMA and the agencies was carried out immediately, taking into account the expected Northeast Monsoon (MTL) season, which is occurring earlier than usual, between late October and early November, due to climate change. ‘Even though I am currently in Manila, I continue to closely monitor all officers involved

DOE Detects Illegal Chemical Waste Dump In Bukit Pelanduk, Port Dickson

PORT DICKSON, The Negeri Sembilan Department of Environment (DOE) uncovered a case of illegal dumping of chemical waste believed to be paint and oil waste in Bukit Pelanduk area near Port Dickson. State Entrepreneurship, Human Resources, Climate Change, Cooperatives and Consumerism Committee chairman, S. Veerapan said DOE found approximately 70 to 100 barrels with a capacity of 210 litres of used paint and approximately 50 IBC tanks with a capacity of 1000 litres containing oil in the area. “The state DOE received complaints from the public regarding the matter yesterday through Whatsapps. Acting on the information, the state DOE investigation

Melaka Set To Welcome 100,000 Visitors For International Air Carnival

MELAKA, The state government aims to attract about 100,000 visitors to the 2024 Melaka International Air Carnival (KUAM), scheduled for Oct 31 to Nov 3. State Tourism, Heritage, Arts and Culture Committee chairman Datuk Abdul Razak Abdul Rahman announced that this year’s event will be held at Melaka International Airport (LTAM) in Batu Berendam and the carnival will feature an asset exhibition alongside aerial displays. “This year’s event has received support from the Malaysian Armed Forces (ATM), the Royal Malaysian Police (PDRM), the Malaysian Maritime Enforcement Agency (MMEA) and local aviation associations,’ he told a press briefing here today. Abdul

Civil Service Transformation Needs To Cover Efficiency Of Development Planning – PM Anwar

KUALA LUMPUR, Public service transformation needs to include the efficiency of development planning, especially in finding new approaches related to the issue of project implementation delays, said Prime Minister Datuk Seri Anwar Ibrahim. In this regard, Anwar said there is a need to explore new project implementation methods compared to conventional methods in line with the issues, technological changes and national goals. “Besides, a specific inventory needs to be developed to identify empty buildings across the country to enable the government to optimise the use of existing buildings and reduce the construction of new government office complexes,” he said in

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