Category: General

The ringgit ended slightly higher at the close on Friday versus the US dollar, rebounding from recent losses. It rose despite rising geopolitical risks in the Middle East and ahead of critical American non-farm payrolls (NFP) data later tonight which could dictate the path of US interest rates. At 6 pm, the local note stood at 4.2155/2240 against the US dollar compared to yesterday’s close of 4.2185/2250. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the conflict in the Middle East remains the key risk factor in the markets with the Brent crude oil price rising

The flood situation in Selangor and Perak continued to improve with a decrease in evacuees, while Kedah reported a slight increase in victims this afternoon. In SELANGOR, the number of flood victims sheltering at seven temporary relief centres (PPS), including one that opened this afternoon, decreased to 1,241 from 309 families compared to 1,968 this morning. According to the Social Welfare Department’s InfoBencana portal, the seven PPS accommodate flood victims from three districts: Shah Alam, Gombak and Kuala Selangor. The PPS are Selayang Municipal Council (MPS) Seri Kundang Hall, Balai Raya Kampung Melayu Sri Kundang, Kampung Gombak Community Hall, Kuang,

A total of 10 resolutions proposed by the Perdana Fellows Alumni Association, including the establishment of a National Youth Innovation Fund aimed at producing more youth entrepreneurs in the green economy and digital economy sectors, will be presented to Prime Minister Datuk Seri Anwar Ibrahim for scrutiny. Higher Education Minister Datuk Seri Dr Zambry Abdul Kadir said this after chairing the association’s closed-door roundtable discussion today, in conjunction with the Oct 26 Youth Economic Forum 2024 at the Malaysia International Trade and Exhibition Centre (MITEC). Zambry said what was presented today were proposals towards further improving talent, education and the

The International Air Transport Association (IATA) are reminding governments of all countries about the importance of protecting civil aviation, including airport and air navigation infrastructure, during times of conflict. Its director-general, Willie Walsh said as an industry that requires the effective implementation of global standards to operate, aviation upholds global standards and the international rules-based order on which they rely. ‘Civil aviation fulfils a purpose that transcends politics to create and preserve friendship and understanding among the nations and peoples of the world,’ he said in a statement today. He added that it is the unquestionable obligation of governments under

A family faced harrowing moments when an armed gang of 12 robbers broke into their home at Jalan Jagong, Pandamaran, in Klang near here yesterday. Klang Selatan police chief ACP Cha Hoong Fong said that in the 5 am robbery, all the suspects, believed to be locals, arrived in front of the house in two cars before climbing the wall and breaking the grate of the main door to break in. He said the suspects, who were all masked, then tied up the three occupants of the residence before ransacking the three-storey bungalow and fleeing with cash, deity idols and