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Category: General

Stronger Ringgit Boosts Consumer, REITs And Plantation Sectors On Bursa Malaysia

KUALA LUMPUR, Consumer counters are poised to benefit from lower costs of raw material imports and improved margins as the ringgit continues to strengthen, according to Bursa Malaysia Bhd. In a post on X today, it said this has resulted in the Consumer Products and Services sector in the local bourse growing 1.0 per cent last week, followed by REITs with 0.3 per cent and the Plantation sector with 0.2 per cent. Meanwhile, in its Trade Performance and Fund Flow Week Ended Sept 27 report, Bursa Malaysia said the FTSE Bursa Malaysia KLCI (FBM KLCI), pared its gains to close

LHDN Ensures Rights Of Taxpayers Are Protected; Fair Taxation System

KUALA LUMPUR, The Inland Revenue Board (LHDN) always ensures that the taxpayers’ rights are defended and protected throughout dealings to ensure an effective, fair and equitable taxation system in the country. Its Klang Valley legal branch (CGKL) public relations officer, Nur Syazwani Hamzah said the right of a taxpayer to know about taxation information has often been publicly explained through various platforms for announcements and delivery of existing taxation information such as on the LHDN’s official website www.hasil.gov.my. “Additionally, the LHDN also sends a letter or notice to the taxpayer’s latest address for information on the taxpayer’s taxation status. That

Man Charged With Murdering His Brother

MANJUNG, A man was charged in the Magistrate’s Court here today with the murder of his brother last week. Mohd Khairul Hadafi Mohd Taib, 40, was accused of intentionally causing the death of Mohamad Khairul Ridzuan, 46, at a house in Taman Muhibbah, Sitiawan, between 2.25 am and 2.39 am on Sept 25. He was charged under Section 302 of the Penal Code, which provides for the death penalty, or imprisonment of between 30 and 40 years. Additionally, if the death penalty is not imposed, the offender may also face no less than 12 strokes of caning upon conviction. The

Senator condemns hazing death of Grade 11 student in Nueva Ecija

Manila: Senator Juan Miguel Zubiri on Tuesday condemned the hazing death of an 18-year-old student in Jaen, Nueva Ecija, calling it a heartbreaking tragedy and a reminder of the urgent need to end hazing. In a statement, Zubiri said hazing is a crime and those who participate in or enable it must face the full force of the law. “We must put an end to this senseless violence. Fraternities and organizations that allow or promote hazing must be held accountable,” he said. Police authorities said the victim, Ren Joseph Bayan, died Sunday during his final initiation rites by members of

Police go after illegal drag racers in Bacolod City

BACOLOD CITY – The Bacolod City Police Office (BCPO) warned those involved in illegal drag racing that they could be arrested and penalized for violating the city ordinance and national laws prohibiting such acts. Capt. Jonito Pastrana, BCPO public information officer, said they have received information on three incidents of illegal drag racing as of Tuesday. These took place between barangays Cabug and Mansilingan along the Bacolod-Negros Occidental Economic Highway and along the area of the Abada-Escay relocation site going to Fortune Town. ‘An incident was posted live, that’s why we captured the information. Our city director (Col. Joeresty Coronica)

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