Category: General

GEORGE TOWN, Penang Yang Dipertua Negeri Tun Ahmad Fuzi Abdul Razak has reminded that state-level programmes need to be implemented taking into account the sensitivity of ethnic diversity for peace and the people’s well-being. He said the diversity of race, religion, and culture, with differences in language and demographic as well as generational distribution today should be celebrated without creating any gaps. “Quoting the words of the Father of Independence, Tunku Abdul Rahman Putra Al-Haj that ‘each of us should respect each other’s rights and feelings, be tolerant of other people’s religion, customs and habits, because through diversity we can

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

PUTRAJAYA, The Malaysian Communications and Multimedia Commission (MCMC) will introduce a new regulatory framework for safe Internet use by children and families on August 1, with implementation set for January 1, 2025. In a statement today, MCMC said this move aligns with the Cabinet’s decision to ensure that social media and Internet messaging services comply with Malaysian laws to address rising cybercrime, including online fraud, cyberbullying and sexual crimes against children. Under the new framework, social media and Internet messaging services with at least eight million registered users in Malaysia must apply for an Application Service Provider Class Licence under

KUALA LUMPUR, The local rubber market is expected to experience sluggish demand next week, and prices are likely to be range-bound with a slightly higher bias, said industry expert Denis Low. He said the volatile weather conditions in rubber-producing regions would reduce rubber production and might trigger some stocking activity. ‘This will help push up prices as supply could be short,’ Low told Bernama. He also said the shipping disruption caused by the ongoing crisis in the Red Sea, along with the current geopolitical situation, has affected the supply chain. This may lead to volatile commodity prices as the ongoing

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