Category: General

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to move in tandem with the underlying cash market next week. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng told Bernama that the market is expected to be in consolidation mode, with an upside bias. “Until a fresh catalyst emerges, the market seems to be stabilising within a certain range, showing resilience despite the recent declines,” he said. For the week just ended, spot month July 2024 declined 26.5 points to 1,613.5, August 2024 and September 2024 fell 25.5 points each

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

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

MELAKA, A total of 957 Trash to Cash programmes organised by the Solid Waste and Public Cleansing Management Corporation (SWCorp) in collaboration with various parties have successfully collected a total of 1.6 million kilogrammes of recyclable items last year. Housing, Local Government, Drainage, Climate Change, and Disaster Management Committee chairman Datuk Rais Yasin said the programme provided opportunities for the community to generate additional income amounting to RM354,798.23 and fostered awareness among the public to engage in recycling activities. ‘The Trash to Cash programme also helped divert waste from being disposed of at the Sungai Udang Sanitary Landfill, thus extending

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