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Category: General

PBBM urges Canada to work with ASEAN on free trade deal

Manila: President Ferdinand R. Marcos Jr. on Thursday called on Canada to work closely with the Association of Southeast Asian Nations (ASEAN) toward the swift conclusion of negotiations on a free trade agreement, saying the deal would open economic opportunities for both sides. “We recognize the importance of connecting and integrating our economies and we believe that the ASEAN-Canada Free Trade Agreement currently being negotiated would present opportunities for both sides,’ President Marcos said during the ASEAN-Canada Special Summit on Enhancing ASEAN Connectivity and Resilience in Lao PDR. ‘We thus urge Canada to continue to work with us. I am

Educational Institutions In Johor To Be Placed In Group B From Jan 1, 2025 – MOE

Educational institutions in Johor will be grouped with states that observe a Saturday-Sunday weekend (Group B), effective Jan 1 next year, according to the Ministry of Education (MOE). In a statement today, the ministry said the shift would involve changes to the 2024/2025 Session Academic Calendar and the 2025/2026 Session Academic Calendar. ‘The MOE takes note of the change in Johor’s weekend holidays to Saturday and Sunday, from Jan 1, 2025, in accordance with the decree of the Regent of Johor, Tunku Mahkota Ismail. ‘Therefore, educational institutions in Johor will be grouped with Kuala Lumpur, Labuan, Putrajaya, Melaka, Negeri Sembilan,

Gold Futures Close Higher

Gold futures on Bursa Malaysia Derivatives finished higher today as the US dollar retreated ahead of the US Producer Price Index data release later tonight. The spot-month October 2024 gold futures contract increased to US$2,645.90 per troy ounce from US$2,625.50 per troy ounce yesterday, while November 2024 improved to US$2,667.70 per troy ounce compared to US$2,647.30 per troy ounce previously. Meanwhile, the December 2024, January 2025 and February 2025 contracts all settled firmer at US$2,669.10 per troy ounce from US$2,648.70 per troy ounce yesterday. Trading volume improved to 24 lots from 19 lots yesterday, while open interest widened to 53

Local Rubber Market Ends Mixed Amid Weaker Regional Sentiment

The Kuala Lumpur rubber market finished mixed on Friday amid weaker advice from the regional rubber futures markets and declining benchmark crude oil prices as the ringgit strengthened against the US dollar, a dealer said. She said market sentiment was also dented by concerns over the escalation of the Middle East conflict. ‘Nonetheless, further losses were capped, as sentiment was supported by the optimism for further Chinese stimulus and improved global economic data,’ she told Bernama. She said oil prices declined on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as

Rosmah’s Tax-related Charges Bad In Law – Lawyer

The High Court today was told that the money laundering and tax-evasion charges against Datin Seri Rosmah Mansor should be quashed as they are bad in law and infringed her right under Article 5 of the Federal Constitution. Rosmah’s counsel Datuk Firoz Hussein Ahmad Jamaluddin argued that five out of the 17 charges faced by the former prime minister’s wife ought to be dismissed because there are no proceeds of an unlawful activity generated by the non-declaration of income tax to even begin with. ‘Hence, it can never be a predicate offence on its own. We emphasise that simply failing

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