Category: General

KUALA LUMPUR, Bursa Malaysia was in positive territory in early trade, tracking the upward movement of the US stock market which on Monday clawed back some of the losses from its worst week in almost a year and a half. At 9.05 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.85 points to 1,653.34 from yesterday’s close of 1,651.49. The benchmark index opened 2.31 points weaker at 1,653.80. Across the broader market, gainers led losers 245 to 89, with 252 counters unchanged, 1,869 untraded and six suspended. Turnover totalled 128.21 million units valued at RM81.72 million. Rakuten Trade Sdn

TACLOBAN CITY – Roble Shipping Inc. will have its maiden voyage of the Tacloban-Cebu trip on Wednesday, the first passenger ship to operate at the city’s port since 2008. First Lady Liza Araneta Marcos, Special Assistant to the President for Investment and Economic Affairs Frederick Go, Roble Shipping Inc. president and chief executive officer Jose Emery Roble and Tacloban Mayor Alfred Romualdez led on Tuesday the ribbon-cutting ceremony of M/V Claudine Star at the city port here. ‘Let’s expect the influx of travelers and the stronger trade in our city, which will pave the way to further strengthen our economy

BUTUAN CITY – Two members of the New People’s Army (NPA), including a team leader, surrendered to military forces in Carmen, Surigao del Sur, a military official said Tuesday. Lt. Col. Vincent Viray, commander of the Philippine Army’s 36th Infantry Battalion (36IB), identified the surrenderers as Jeno Maca Montenegro, the team leader of the dismantled NPA Guerrilla Front-30 (GF-30) Sub-Regional Committee Westland, and Jenalyn Medrano Montenegro, the unit’s medic. “They spoke of the hardships they faced while evading our pursuing forces. Their desire to reunite with their family, which they had left for years, prompted their surrender,” Viray said in

PUTRAJAYA, Malaysia’s public service needs to make bolder and more progressive moves to improve its ranking in the global competitiveness index, according to Chief Secretary to the Government (KSN) Tan Sri Shamsul Azri Abu Bakar. He said it was important as Malaysia had fallen seven spots from No.27 last year to No. 34 in this year’s World Competitiveness Ranking by the International Institute for Management Development (IMD). ‘This shows that the country’s competitiveness requires a more holistic and agile structural reform,’ he said in his address at the KSN Leadership Aspiration Programme here today. Also present were Communications Ministry secretary-general

KUALA LUMPUR, The Malaysian Anti-Corruption Commission (MACC) arrested the owner of a Bangladeshi company believed to be part of a syndicate that conspired to bribe enforcement officers to bring foreigners through ‘counter setting’ or á special counter route at Kuala Lumpur International Airport (KLIA). According to a source, the suspect, who is in his 40s, was arrested in the capital through an operation codenamed Op Pump at about 1.30 pm yesterday. “The suspect and several agents of the syndicate are believed to have paid bribes ranging from RM200 to RM25,000 to several officers of an enforcement agency for facilitating foreigners