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Category: General

Water Supply To Over 33,000 Users In Kota Bharu To Be Restored By Friday

KOTA BHARU, Water supply to over 33,000 users in four districts of Kelantan – Kota Bharu Selatan, Kota Bharu Timur, Machang, and Pasir Puteh – is expected to be restored by this Friday. Air Kelantan Sdn Bhd (AKSB), in a statement today, said that the water supply disruptions were caused by a burst pipe at the Merbau Chondong Water Treatment Plant (LRA) in Machang, which forced the facility to halt operations. The plant’s shutdown resulted in a reduction and loss of nearly 70 per cent of the treated water supply, equating to about 47 million litres per day. ‘Repair work

Those Persisting About Blackrock Shouldn’t Be Hypocrites, Says Fahmi

KUALA LUMPUR, Any party that continues to raise issues about BlackRock should also cease using all services related to the world’s largest international asset management company, emphasised Communications Minister Fahmi Fadzil today. The Unity Government spokesman labeled those persistently discussing BlackRock as hypocritical and accused them of manipulating perceptions. ‘If you claim you want nothing to do with BlackRock, then stop using WhatsApp, Facebook, and Instagram. Take Facebook as an example: PAS spends considerable amounts on ads there, thereby funding Meta, whose stance on Israel we know. ‘This is very clear. So, for those discussing this BlackRock issue, I say,

French economy benefits from ‘Olympic effect’

The Paris 2024 Olympics are expected to boost France’s GDP in the third quarter (Q3) by 0.3 percentage points, raising the growth rate during the period up to 0.5 percent, according to France’s National Institute of Statistics and Economic Studies (INSEE). Ticket sales and revenues from audiovisual broadcasting have a direct positive effect on French economic activities in Q3, contributing 0.25 percentage points, it said, while tourists, an uncertain factor of the “Olympic effect,” will also contribute to the GDP growth in the period. French research organizations said the Paris Olympics are expected to boost the French economy in the

Fil-Chi biz group mourns demise of ‘Mother Lily’

MANILA: The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) is mourning the death of Philippine cinema icon Lily Yu-Chu Monteverde, fondly called “Mother Lily” in the movie industry. Monteverde, who died on Aug. 4, was an entrepreneur and philanthropist in the Filipino-Chinese community. She would’ve turned 85 on Aug. 19. She is the long-time matriarch of Regal Films, producing classic films such as “Shake, Rattle and Roll” and the “Mano Po” series. “Her passing is not only a great loss to the Philippine movie industry, but also to the country’s pop culture and arts,” the FCCCII

Gold futures close mostly higher

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed mostly higher, despite the weaker performance of COMEX gold futures. At the close, spot month August 2024 was unchanged at US$2,474.50 per troy ounce. Meanwhile, September 2024, October 2024, November 2024, December 2024, and February 2025 rose to US$2,478.20 per troy ounce from US$2,474.50 per troy ounce at Friday’s close. Volume decreased to 22 lots from 69 lots last week, while open interest fell to nine contracts against 77 contracts previously. The price of physical gold stood at US$2,469.85 per troy ounce, according to the London Bullion Market Association’s

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