Category: General

KUALA LUMPUR, The Sessions Court here today acquitted and discharged a businessman on six counts of fraudulent possession of property involving nearly RM2 million in his bank account, two years ago. Judge Azrul Darus ordered the release of Shafarich Ong Abdullah, 51, after finding the prosecution had failed to prove a prima facie case against him at the end of the prosecution case. “Therefore, the court acquitted and discharged the accused of all six charges and the RM6,000 bail to be returned to him,” said the judge. Shafarich was charged with the offence of failing to provide a reasonable explanation

KUALA LUMPUR, Malaysia is set to assume the ASEAN Chairmanship in 2025, embracing the future with a clear vision focused on inclusivity and sustainability, ensuring that “every voice matters” and ‘leaving no one behind’, says Prime Minister Datuk Seri Anwar Ibrahim. Anwar stated that the chairmanship will mark the beginning of a new chapter under the ASEAN Community Vision 2045. ‘Under the guiding light of the ASEAN Community Vision 2045, a new chapter will begin. This marks the start of a 20-year journey – a journey where we rise together to shape a shared destiny. ‘Selamat Datang. Welcome to Malaysia,’

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures rose in early trade today, following the performance of the underlying cash market. At 9.20 am, the October 2024 contract increased by 1.0 point to 1,639.0, the November 2024 contract was up 3.0 points to 1,644.0, December 2024 rose 3.0 points to 1,651.5, and March 2025 added 2.5 points to 1,646.5. Turnover reached 1,225 lots, with open interest at 42,782 contracts. The benchmark FBM KLCI was 5.61 points firmer at 1,639.16 after 35 minutes of trading. Source: BERNAMA News Agency

Manila: Department of National Defense (DND) Secretary Gilberto Teodoro Jr. said Monday he is not inclined to believe that China is committed to settling maritime difference with other countries. “Committed sila sa dialogue kaso sila lang ang naniniwala sa sinasabi nila. ‘Yan ang problema. Kung committed sila sa dialogue ‘yung kapanipaniwala naman, tapos nakalagay na naman may colatilla na committed to dialogue based on historical facts ba ang nakalagay (They are claiming that they are committed to dialogue but they are the only ones believing that. That’s the problem with their statement. If they are committed to dialogue, then it

Manila: Department of Trade and Industry (DTI) Acting Secretary Ma. Cristina Roque identified that one of the highlights of the recently concluded Association of Southeast Asian Nations (ASEAN) Summit in Vientiane, Laos is the signing of the document that will enhance the certainty and transparency of investing in the region. In a press briefing Monday, Roque said the Philippines signed the 5th Protocol to Amend ASEAN Comprehensive Investment Agreement (ACIA) last week. ‘The ASEAN made significant progress in several areas of economic integration. Notably, we signed the 5th protocol to amend the ASEAN Comprehensive Investment Agreement,’ Roque said, adding this