Category: General

KUALA LUMPUR, Bursa Malaysia opened lower today, extending yesterday’s losses amid mild selling in plantation, consumer products and services counters, according to an analyst. At 9.15 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.91 points to 1,646.0, down from Monday’s close of 1,648.91. The benchmark index had initially opened 1.49 points lower at 1,647.42. Across the broader market, decliners slightly outpaced advancers, with 221 stocks declining versus 194 advancing. There were 307 counters unchanged, 1,697 untraded, and six suspended. Turnover stood at 229.62 million units, valued at RM115.68 million. In a note, Malacca Securities Sdn Bhd said that

Manila: Operatives of the Philippine National Police-Drug Enforcement Group (PDEG) confiscated almost PHP800 million worth of illegal drugs in September. In a statement Tuesday, PDEG chief Brig. Gen. Eleazar Matta said these narcotics were seized in 57 anti-drug operations, comprising 38 buy-busts, four search warrant operations, one marijuana eradication operation, and 13 service warrants of arrest. He said these operations resulted in the arrest of 77 drug personalities. These illegal drugs consist of 116.9 kg. of shabu, 2.5 grams of kush (high-grade marijuana) 2 grams of marijuana seeds, 22,000 fully grown marijuana plants, and 3 grams of dried marijuana leaves

KUALA LUMPUR, The Health Ministry (MOH) has cancelled notification of five cosmetic products after they were detected to contain scheduled poisons and are not permitted to be sold in Malaysia. The five products are Karisma Aqua Birds Nest, which contains hydroquinone, Skin Revolution – PAP – Blemish Control Serum, which contains clindamycin, Skin Revolution -PAP- Blemish Fade Cream, which contains metronidazole, Ufora Daily Treatment 10g, which contains betamethasone 17-valerat, and Dnars Gold Debalen Cream (Night), which contains hydroquinone, tretinoin and betamethasone 17-valerate. ‘Sellers and distributors of these cosmetics products need to stop sales and distribution immediately as it is against

KUALA LUMPUR, Eighty-one Umrah travel companies face possible penalties from the Malaysia Competition Commission (MyCC) over price-fixing. They are suspected of being involved in a price-fixing agreement to provide Umrah travel services in Malaysia starting in 2023. In this regard, MyCC has issued a proposed decision against the 81 companies. Its chairman, Datuk Seri Mohd Hishamudin Yunus, said the companies’ cartel behaviour violates Section 4 of the Competition Act 2010 (Act 712). “Through investigation at the proposed decision stage, MyCC found that all of these companies, which are members of registered associations in Malaysia, agreed to set a floor price

KUALA SELANGOR, A security guard was charged in the Magistrate’s Court here today with the murder of his colleague. Wan Shahrizan Wan Kadir, 26, nodded after the charge was read out to him before Magistrate Siti Hajar Ali. However, no plea was recorded as the murder case is under the jurisdiction of the High Court. Wan ShahrizanTwas charged with killing Raja Azman Raja Abdul Tahir, 43, at a guard house of a school in Sabak Bernam near here between 2.30 am and 4 am last Sept 15. The charge, under Section 302 of the Penal Code, provides death by hanging