Category: General

IPOH, Vale, one of the world’s leading mining companies, is partnering with Manjung Municipal Council (MPM) for the inaugural Manjung Run 2024, a sporting event offering an exciting proposition for running enthusiasts and nature lovers by integrating fitness with tourism. Vale Malaysia in a statement today said, this event will take place at Padang Bandaran Beruas, Perak on Oct 19. Chief Executive Officer of Vale in Malaysia Leonardo Paiva said the Manjung Run 2024 aims to strike a balance between encouraging healthier, more active lifestyles and positioning Beruas as a key destination in Perak which is rooted in rich history

KUALA LUMPUR, The remuneration and salary component must be reviewed to attract more students to take up engineering in their tertiary education to address the engineer-to-population ratio. Deputy Prime Minister Datuk Seri Fadillah Yusof said Malaysia’s current engineer-to-population ratio, which stands at 1:170, well below the 1:100 ratio seen in developed countries, needs to be urgently addressed. Fadillah who is also the Energy Transition and Water Transformation (PETRA) Minister said reports indicated that 35 per cent of junior engineers earned less than RM2,000 per month. “As we analyse the reasons behind this disparity, we must reassess salary structures to attract

KUALA LUMPUR, Bursa Malaysia ended higher on Thursday on persistent buying interest as the US Federal Reserve’s (Fed) interest rate cut by half a percentage point lifted regional market sentiment. The FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 5.06 points, or 0.3 per cent, to 1,665.65 at the close. It opened 2.68 points higher at 1,663.27 and moved between 1,657.13 and 1,665.84 throughout the day. Gainers trounced decliners in the broader market 898 to 322 while 392 counters were unchanged, 893 untraded and 10 suspended. Turnover jumped to 3.99 billion units worth RM4.08 billion from 2.30 billion units worth

KUALA LUMPUR, Communications Minister Fahmi Fadzil extended his condolences to the family of veteran music director and composer Datuk Ooi Eow Jin, who died at Kuala Lumpur Hospital yesterday. In a post on X, Fahmi said the local music industry has lost a truly invaluable gem. ‘My condolences to Datin Elaine Khaw and all his family members. ‘His contributions to the development and advancement of the local music industry will be remembered forever,’ Fahmi said. Ooi, who died at the age of 86 due to old age, began his illustrious music career with the RTM Orchestra, serving from 1963 to

KUALA LUMPUR, The ringgit opened slightly lower against the greenback on a lack of buying interest despite a 50 basis points US interest rate cut decision by the US Federal Reserve (Fed). At 8.05 am, the local note eased to 4.2430/2600 versus the greenback from Wednesday’s close of 4.2410/2460. At last night’s Federal Open Market Committee (FOMC) meeting, the Fed made a move to reduce the interest rate from 5.25 per cent – 5.50 per cent to 4.75 per cent – 5.00 per cent, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid. He said the decision