Category: General

KUALA LUMPUR, Bursa Malaysia is expected to remain in consolidation mode, with an upside bias for the time being, until fresh catalysts emerge. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said that despite this short-term consolidation, the longer-term trend remains upward as the index still holds above the 50-day exponential moving average (EMA). “We reckon sectors to focus on for next week are plantation, energy, and banks due to their appealing valuations. “Therefore, we anticipate the index to fluctuate within the 1,605-1,625 range next week with the support level identified at 1,600, followed by 1,592,” he told

MIRI, A total of 45,000 coastal residents will be protected from flooding and coastal erosion with the implementation of the Sarawak coastal erosion and flood mitigation project which has been approved with an allocation of RM316 million, said Deputy Prime Minister Datuk Seri Fadillah Yusof. He said that the project will also cover 6,000 hectares of agricultural land and 300 hectares of industrial areas. ‘The specific packages of the project, determined by location, will be finalised by the Sarawak Department of Irrigation and Drainage (DID) before the procurement process starts. Implementation is expected to begin in 2025 and will involve

SHAH ALAM, The remains of former Minister of National Unity and Community Development Tan Sri Dr. Siti Zaharah Sulaiman, were buried today at 11.30 am at the Section 21 Muslim Cemetery here. Earlier, the funeral prayer for the former UMNO Wanita chief was performed at Surau Platinum Al-Mawaddah, Section 7 near here. Siti Zaharah’s second son, Jati Dzulkarnain Samarudin, said his mother, 75, died at Serdang Hospital, Selangor, last night due to old age. “Insha Allah we will hold a tahlil ceremony for my mother for three consecutive nights at my house in Denai Alam,” he added. “I am very

PUTRAJAYA, The death sentence handed down by the Court of Appeal to six former students of the National Defence University (UPNM) for the murder of Naval Cadet Officer Zulfarhan Osman Zulkarnain seven years ago is appropriate and just, said the Malaysian Crime Prevention Foundation (MCPF). MCPF senior vice-chairman Datuk Seri Ayub Yaakob, in a statement today, said the organisation believes that torturing someone to death is a blatant violation of human norms, especially when perpetrated by educated individuals. ‘The act of taking a human life by those with no regard for others is prohibited in Islam,” he said. Ayub said

KUALA LUMPUR, Police arrested a male teacher suspected of being involved in sexual assault on several male students in the Hulu Selangor district. Hulu Selangor district police chief Supt Ahmad Faizal Tahrim said that the physical education teacher, in his 30s, was arrested in Bukit Beruntung, Selangor, yesterday, after four reports were received by police, from 2.03 am to 10 am on the same day, regarding the incidents. ‘Preliminary investigations found that the first incident involved a 12-year-old victim, which occurred a month ago. ‘One of the locations of the incident was at a homestay in the Ulu Yam area,