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Category: General

Rubber Market Ends Higher, Tracking Regional Futures Markets

KUALA LUMPUR, The Kuala Lumpur rubber market closed higher on Monday, tracking the performance in the regional rubber futures markets. A dealer said that the tight natural rubber production due to adverse weather forecasts in Southeast Asian production areas continued to support the market, with Thailand’s meteorological agency warning of heavy rains that may cause flash floods this week. Nevertheless, further gains were capped by losses in crude oil prices as the sentiment was dented by uncertainties in the timing and scale of China’s stimulus package, coupled with the escalating Middle East conflict. China’s consumer price index grew at a

PRULive Well: Financial Assurance For Malaysia’s Ageing Population

KUALA LUMPUR, Prudential Assurance Malaysia Berhad (PAMB) has launched PRULive Well, a legacy insurance solution designed to provide lifelong financial assurance for individuals facing disabilities in their golden years. In a statement today, PAMB informed that PRULive Well is introduced in response to a growing concern in the status of ageing nation in Malaysia with 14 per cent of its population expected to be aged 65 and above by 2043, increasing the need for long-term financial security and assisted care. PRULive Well is a unique legacy, non-participating insurance solution that offers guaranteed income security when a person is unable to

Yayasan TZA Partners With Yayasan Raja Muda Selangor To Address Educational Inequality

KUALA LUMPUR, Yayasan TZA will collaborate with Yayasan Raja Muda Selangor to launch the second phase of the ACE-SPM programme, aimed at addressing educational inequalities, particularly for Form Five students in the B40 group. Yayasan TZA advisor Tengku Datuk Seri Zafrul Abdul Aziz said that this collaboration will expand the initiative, allowing more students preparing for the Sijil Pelajaran Malaysia (SPM) examination to benefit. ‘The success we celebrate tonight is a testament to the unwavering support of our generous partners and donors. Everyone’s cooperation is crucial in realising this vision,’ he said at the Yayasan TZA Appreciation Gala Dinner held

Tax Exemption For UTAR Based On Govt Policy Of Not Taxing Non-Profit Education – Anwar

PETALING JAYA, The tax exemption granted to Universiti Tunku Abdul Rahman (UTAR) which was reported to be owing RM83 million to the Internal Revenue Board (IRB) is because the government does not tax non-profit education based entities. Prime Minister Datuk Seri Anwar Ibrahim said the late approval for exemption to UTAR was because the university is still under Yayasan Tunku Abdul Rahman (TAR) whose structure has not yet been separated between the matters of commercial business companies and education. “The issue of tax exemption for UTAR, which is a Chinese university. What is our policy? We exclude all efforts for

Garma: CIDG-11 served as hub for Duterte’s reward-driven drug war

Manila: Former Philippine Charity Sweepstakes Office (PCSO) general manager and police colonel Royina Garma said a task force under the leadership of retired Col. Edilberto Leonardo at the Criminal Investigation and Detection Group in Davao City (CIDG-11) played a pivotal role in the reward-based drug war of the Duterte administration. According to a news release on Monday, Garma revealed in her sworn affidavit submitted to the House quad committee that financial incentives between PHP20,000 and PHP 1 million motivated extrajudicial killings (EJKs) over arrests. Garma testified that the anti-drug campaign of the previous administration followed direct orders from then-president Rodrigo

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