Category: General

KUALA LUMPUR, Prime Minister Datuk Seri Anwar Ibrahim criticised the non-transparent decisions made by the previous administration which gave opportunities for several cronies to destroy a company, particularly companies that are the symbols and pride of the nation, such as Malaysia Airlines. “Sometimes political decisions that lacked transparency gave opportunities to one, two cronies to destroy a company that is the pride of the nation. “Due to these mistakes, the company remains a burden to us until today,’ he said in his speech at the 30th anniversary celebration of Khazanah Nasional Bhd here, today. Anwar who is also the Finance

KUALA LUMPUR, Maxis captivated audiences at this year’s National Day parade with 107 employees proudly showcasing the company’s dedication to uniting Malaysians through connectivity and technology, it said in a statement. Maxis said the sea of green and blue was made even more exciting by the return of the fan favourite Dinocorn, featuring four life-sized mascots and a larger version saluting the crowd as part of its National Day procession. “Accompanied by vibrant balloons and floats, the contingent highlighted Maxis’ capabilities of providing fast, reliable, and secure connectivity through 5G mobile and fibre broadband for learning, entertainment, and productivity. “Just

KUALA LUMPUR, The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower, with the benchmark November contract declining by RM44 to RM3,933 a tonne. Palm oil trader David Ng attributed the decline to weakness in the Chicago Board of Trade (CBOT) soybean oil market and expectations of weaker demand in the near term. ‘We expect the weaker demand to persist until the end of the month, primarily due to high inventory levels at Indian ports. ‘Once these stock levels gradually decrease, CPO demand should resume,’ Ng said. He added that support is seen at RM3,800 a tonne,

KUALA LUMPUR, The Road Transport Department (RTD) needs to improve its services and ensure that customer satisfaction issues are effectively addressed, said Chief Secretary to the Government (KSN) Datuk Seri Shamsul Azri Abu Bakar. He made this call in a Facebook post following a surprise visit to the RTD headquarters in Putrajaya today. ‘The work process (customers’ waiting time) was found to be quite lengthy. Therefore, I have instructed the secretary-general of the Transport Ministry and the RTD director-general to find a suitable method to reduce waiting times. ‘In addition, the waiting area needs to be improved to create a

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed lower on Monday amid subdued demand. The September 2024 contract dropped to US$2,516.30 per troy ounce from US$2,546.50 per troy ounce at Friday’s close. The October 2024, November 2024, December 2024, February 2025, and April 2025 contracts settled lower at US$2,518.60 per troy ounce from US$2,548.80 per troy ounce previously. Volume went down to two lots from four lots last week, while open interest slid to 29 contracts compared to 37 contracts previously. The price of physical gold stood at US$2,513.35 per troy ounce, according to the London Bullion