Category: General

Manila: The local stock market gauge rebounded on Thursday as the Bangko Sentral ng Pilipinas (BSP) signaled that it may ease policy rates anew toward the fourth quarter of the year. The Philippine Stock Exchange index (PSEi) rose 1.31 percent to 7,458.74, with All Shares improving by 0.98 percent to 3,978.10. Rizal Commercial Banking Corp. (RCBC) chief economist Michael Ricafort said Thursday’s closing is the PSEi’s highest level in more than two and a half years or since Feb. 9, 2022. ‘[This is] a day after BSP Governor [Eli] Remolona [Jr.] signaled a total of -0.50 local policy rate cuts

KLUANG, Prime Minister Datuk Seri Anwar Ibrahim has called for the construction of Orang Asli homes to be tailored to their cultural heritage and specific community needs. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the Prime Minister presented a working paper on the initiative after the Cabinet meeting yesterday. ‘The Prime Minister has entrusted me with the paper, which I’ve since forwarded to the Department of Orang Asli Development (JAKOA) deputy director-general. ‘He (the Prime Minister) wants homes for the Orang Asli to be built in line with their cultural preferences and way of life,’ Ahmad Zahid

PETALING JAYA, The Ministry of Domestic Trade and Cost of Living (KPDN) is reviewing several acts involving e-commerce to update existing laws in line with the rapid development of the industry. Its minister, Datuk Armizan Mohd Ali said the review covers the Electronic Commerce Act 2006, Consumer Protection Act 1999 and Consumer Protection (Electronic Trade Transactions) Regulations 2012. “The E-Commerce Legislation Review, conducted under the provisions of the 4th Rolling Plan of the 12th Malaysia Plan (RP4 12MP), commenced in April 2024 and is expected to be completed in March 2025,” he said when officiating the TikTok Shop Seller Summit

JAKARTA, The preservation and management of old manuscripts were among key topics discussed during the Nusantara Manuscript Internationalisation Seminar, held in conjunction with the Indonesia International Book Fair (IIBF) 2024. The Malaysian Institute of Translation and Books (ITBM) Board of Directors chairman Noor Amin Ahmad said aspects such as conservation, digitalisation and access to old manuscripts are vital to ensuring the continuity of the Nusantara heritage. ‘This effort not only involves technology but also requires the commitment of various parties to safeguard and preserve these manuscripts for future generations,’ he said in his welcoming address at the seminar held at

IPOH, The introduction of premium salaries for Technical and Vocational Education and Training (TVET) graduates is expected to draw more young people towards choosing this path as a viable career option. Politeknik Ungku Omar (PUO) director Dr Shamsuri Abdullah said the competitive salary rates could also help change the public perception of TVET, which has long been viewed as a ‘second-class’ education programme. ‘This initiative not only boosts the global competitiveness of our local workforce, but with higher salaries, we can ensure a greater retention and development of skilled workers across various sectors. ‘Also, it will indirectly reduce the nation’s