Category: General

PUTRAJAYA, The Ministry of Agriculture and Food Security (KPKM), in collaboration with Agrobank, has launched the Agrofood Takaful Protection Scheme: Padi Crop Takaful Scheme (STTP), the first of its kind in Malaysia to benefit padi farmers nationwide. Announced by Prime Minister Datuk Seri Anwar Ibrahim during the Malaysian Agriculture, Horticulture and Agrotourism Exhibition (MAHA), the ground-breaking shariah-compliant scheme was part of Budget 2024, with an initial RM50 million fund to protect farmers. ‘This takaful protection provides up to RM3,000 for natural disasters and up to RM1,500 for pest infestations and crop diseases per season per hectare. This coverage surpasses the

KUALA LUMPUR, September is guardian Malaysia’s Get.Set.Glow! Month to promote and nurture wellbeing through various activities. It includes store offerings and pharmacy services, eStore promotions, contests and rebates, #WellbeingMatters YouTube series and podcast featuring health experts, and a week-long wellbeing festival. It said in a statement today, the Get.Set.Glow! Campaign aimed to help Malaysians see why wellbeing matters and adopt the culture of preventative healthcare and nurturing of wellbeing. The company’s marketing director, Anna Ng, said this campaign has been inspired and guided by guardian Malaysia’s vision of ‘Nurturing MY Wellbeing’. ‘As a company, we believe in the holistic health

SERDANG, The agro-food sector’s contribution of 10.9 per cent to the Gross Domestic Product (GDP) in the first quarter of 2024 is a positive indicator of the country’s economic growth, Agriculture and Food Security (KPKM) Minister Datuk Seri Mohamad Sabu said. Mohamad said this contribution comes from three agro-food sub-sectors – 3.1 per cent from agriculture, 2.2 per cent from manufacturing and 5.6 per cent from the service sector. ‘This achievement shows the success of our food supply management strategy and the need to further enhance it to ensure the stability of our food system,’ he said during his opening

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is set to consolidate next week in sync with the underlying cash market. Rakuten Trade Sdn Bhd’s vice-president of equity research, Thong Pak Leng, stated that going forward, the index must break through the 1,670 resistance level to restore its bullish momentum. ‘Should this level be exceeded with substantial trading volume, the next resistance at 1,700 may be tested,’ he said. For the week just ended, the September 2024 contract rose 12.0 points to 1,647.5, October 2024 and December 2024 ended the week 11.50 points

Manila: A South Korean national who is wanted in his country for embezzling over USD1 million is facing deportation following his arrest inside the Bureau of Immigration (BI) headquarters in Intramuros, Manila. The 56-year-old Korean was arrested on Thursday while having his passport processed, according to a BI press release Saturday. The foreigner has an active warrant of arrest issued by the Seoul Jungang District Prosecutor’s Office in 2021 for aggravated punishment and economic crimes in his home country. His name was placed in the Interpol red notice for allegedly embezzling over USD1 million through loan applications. The Korean is