Category: General

KUALA LUMPUR, The ringgit retreated from its winning streak to close lower against the greenback today as the US Dollar Index (DXY) rebounds. At 6 pm, the ringgit declined to 4.4725/4770 versus the greenback from yesterday’s close of 4.4240/4305. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid opined that global financial markets have yet to calm as fears over the potential recession would continue to hog the limelight. “There might be a tendency for US dollar demand to rise as traders seek refuge in the safe-haven currency. “At the moment, the ringgit will move closer to the

GUA MUSANG, The Sri Tanjong ferry, which has been in operation for 20 years, transporting passengers and vehicles from Pengkalan Kubor, Kelantan to Takbai, Thailand, will be replaced with a new ferry expected to commence operations early next year. Deputy Works Minister Datuk Seri Ahmad Maslan announced that the new ferry, owned by the Public Works Department (PWD), will cost RM8 million to replace the existing one, marking its first replacement since its inception. ‘It’s rare to hear of the PWD being involved with ferries, but the owner of this ferry is indeed the PWD. This is a significant update,

JOHOR BAHRU, ASEAN member countries need to work together to address various challenges in the agriculture sector, especially involving the issue of land shortages as a result of development and population growth. Agriculture and Food Security Ministry (KPKM) secretary-general Datuk Lokman Hakim Ali said that modern farming methods should be widely used because they are capable of increasing the productivity and quality of agricultural produce. ‘The population density in all countries is increasing, so we need development, housing and industries, and these require the use of land, whether agricultural or forestry, thus affecting the production of agricultural and food products,’

KUALA LUMPUR, Prime Minister Datuk Seri Anwar Ibrahim has expressed concern over the high accident rate among motorcyclists, which is linked to weaknesses in traffic law enforcement and issues related to road maintenance. Through a Facebook post, he said the same concern was expressed by the Alliance for A Safe Community chairman, Tan Sri Lee Lam Thye, who paid him a courtesy visit today. ‘Among the critical points of our meeting were road and workplace safety issues. ‘I hope NGOs will continue to serve the community in building a sustainable safety culture, while also playing a role in conveying the

KUALA LUMPUR, Malaysia has expressed its hope for a successful outcome to the ongoing peace negotiations aimed at establishing a ceasefire in Sudan, with the goal of restoring the country to its full potential. This was conveyed by Prime Minister Datuk Seri Anwar Ibrahim during a courtesy visit from Sudan’s Acting Foreign Minister Hussein Awad Ali Mohamed, who is in Malaysia to attend the conference ‘Sudan: The Forgotten War.’ ‘Our discussion centred on the conflict in Sudan, focusing on the progress of negotiations for a ceasefire and sustainable stability, as well as the alarming humanitarian crisis affecting the Sudanese people.