Category: General

Bursa Malaysia is expected to trade with caution within the 1,630-1,650 range next week with the tabling of Budget 2025 on Oct 18, said an analyst. Stephen Innes, managing partner at SPI Asset Management said attention would be squarely on the budget, which is expected to be well-received by the market. “Hopes are high that it will include enough incentives to keep foreign direct investments (FDIs) flowing robustly into Malaysia, a boon for local equities,” he said. He also believed that a budget that supports business growth and international interest could set the stage for a bullish run on Bursa

Information technology and artificial intelligence (AI) play an increasingly important role in various aspects of life, including education, says Raja Muda of Kedah Tengku Sarafudin Badlishah Sultan Sallehuddin. He said that the use of AI in education could help enrich learning experiences and enhance the effectiveness of teaching. ‘For instance, AI can be used to create learning materials tailored to the needs and abilities of each student. ‘In addition, AI can also provide immediate feedback to students, helping them better understand difficult concepts,’ he said during the proclamation ceremony of SMK Taman Jelutong as SMK Tengku Sarafudin Badlishah and Excellence

The Melaka Historic City Council (MBMB) has confirmed that the three-storey building at Jalan Bukit Senjuang, Banda Hilir, which collapsed yesterday afternoon, was constructed without permission from the local authorities. MBMB Mayor Datuk Shadan Othman said that this was revealed after he visited the site with several officers and personnel, where one Bangladeshi construction worker lost his life. He said a check revealed that the privately owned company did not submit any construction application to the local authorities. ‘Therefore, MBMB has cordoned the area to prevent any further construction and is in the process of imposing a maximum fine of

A total of 717 out of 1,091 upgrading and reconstruction projects for dilapidated schools nationwide have been fully completed as of yesterday. The Ministry of Education (MOE) said that 183 projects are currently under construction, 176 are in the pre-construction phase, and 15 are undergoing re-evaluation. ‘The construction timeline for these projects ranges from six to 36 months, depending on the scope of work and site preparation requirements,’ it said in a statement. As of this year, a total of 1,091 school upgrade projects have been approved, with a combined allocation of RM8.5 billion. These include 339 projects in Sabah,

The ringgit is projected to trade sideways against the US dollar next week amid worries over China’s economy and rising geopolitical risks, ahead of Malaysia’s Budget 2025. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said all eyes will be on the Budget 2025 presentation by Prime Minister Datuk Seri Anwar Ibrahim, scheduled for next Friday. “Budget 2025 should provide some clear direction as the government is likely to remain committed to reducing the budget gap to sub-four per cent in 2025 which can be credit-positive from the perspective of credit rating agencies (CRAs). On that note,