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Category: General

Ringgit ends easier vs USD on cautious sentiments

KUALA LUMPUR, The ringgit continued its downward trend, closing lower against the US dollar today as cautious sentiments over the global economic outlook persisted, an analyst said. At 6 pm, the ringgit declined to 4.4950/5010 versus the greenback from yesterday’s close of 4.4725/4770. Speaking to Bernama, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid attributed the ringgit’s depreciation to risk aversion as the US Dollar Index (DXY) had strengthened. “Traders are favouring safe-haven currencies, particularly the US dollar. “Nevertheless, we are unperturbed by the recent weaknesses as the ringgit appears to have overshot, while dovish signals from

Father Of Boy Who Drove Car Without Licence Faces Rm50,000 Fine

SEPANG, A Pakistani man, the father of a 12-year-old boy who drove a car without a driving licence, is facing fines of up to RM50,000 on charges of neglecting and failing to supervise his son’s activities that could result in physical harm. Muhammad Saleem Fazal Khuda, 53, a Malaysian permanent resident, plead not guilty to the charge read in front of Judge Ahmad Fuad Othman at the Sessions Court here today. He is charged with committing the offence at Taman Putra Impiana, Puchong, at 7.30 pm, July 28 under Section 31(1)(a) of the Child Act 2001, which also stipulates 20

MCY Summit 2024 showcases local RandDandI innovations, attracts international industry players

KUALA LUMPUR, The Malaysia Commercialisation Year 2024 (MCY Summit 2024) is not only a platform for commercialising local research, development and innovation (RandDandI) talent but also attracts international industry players. Science, Technology, and Innovation Minister Chang Lih Kang said that each year, several international companies from Asia and Europe participate in the summit due to the high quality of the participants and entrepreneurs, as well as the high-quality products showcased. “That is why every year they are eager to attend, seeking products that can be brought to market. This year’s summit will highlight products, technologies and RandDandI in the biotechnology,

Apex Court Commutes Ex-sawmill Worker’s Death Sentence For Rape And Murder To 40 Years In Prison

PUTRAJAYA, The Federal Court here today commuted the death sentence of a former sawmill worker to 40 years in prison for killing and raping a nurse nine years ago. A three-judge panel led by Justice Datuk Harmindar Singh Dhaliwal allowed Mohammad Awari Ahmad’s application to review his death sentence under the Revision of Sentence of Death and Imprisonment for Natural Life (Temporary Jurisdiction of the Federal Court) Act 2023. The judge also ordered Mohammad Awari, 31, to be given 12 strokes of the cane, and for his prison term to commence from the date of his arrest on March 1,

Police Hunt Four Men For Attempting To Rob Technician In Subang Jaya

KUALA LUMPUR, Police are hunting four men suspected of being involved in an attempted robbery in front of a petrol station on the Shah Alam Expressway (KESAS), Subang Jaya, early this morning. Subang Jaya district police chief ACP Wan Azlan Wan Mamat said his team received a report from the victim, 37, who worked as a technician, at 1.37 am today. “In the incident, a suspect who was riding a motorcycle stopped in front of the victim’s vehicle and swung a stick at the car’s windshield and smashed it. “Efforts to locate the suspect are underway and anyone with information

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