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Category: General

BURSA MALAYSIA RISES ON BARGAIN HUNTING

KUALA LUMPUR, Bursa Malaysia opened higher today, driven by bargain hunting following yesterday’s decline, which made stocks more attractive to investors. At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.48 points to 1,629.55 from Monday’s close of 1,622.07. The index opened 3.16 points higher at 1,625.23. In the broader market, gainers outnumbered decliners 353 to 122, with 291 counters unchanged, 1,705 untraded and 16 suspended. Turnover stood at 291.12 million units worth RM184.96 million. Rakuten Trade Sdn Bhd’s equity research vice-president, Thong Pak Leng, noted that the FBM KLCI declined to nearly 1,620 yesterday as selling activities

Emulate Mabini, Marcos tells youth

MANILA: President Ferdinand R. Marcos Jr. on Tuesday called on the youth to draw inspiration from the life and works of Apolinario Mabini to become an active contributor to nation-building. Speaking at Mabini’s 160th birth anniversary commemoration at the Mabini Shrine in Tanauan, Batangas, Marcos honored the ‘Sublime Paralytic’ for overcoming his disability and contributing greatly to the revolution against the country’s colonizers. ‘Tinatawagan ko ang mga kabataang Pilipino ngayon na gawing inspirasyon at halimbawa ang buhay ni Apolinario Mabini upang magpunyagi sa buhay (I call on the Filipino youth today to use Apolinario Mabini’s life as an inspiration and

PBBM’s focus on agriculture, food security to benefit Negrenses

Negros Occidental Governor Eugenio Jose Lacson is upbeat on President Ferdinand R. Marcos Jr.’s emphasis on agriculture and food security during his third State of the Nation Address (SONA) on Monday. ‘As the governor of a primarily agricultural province, it is heartening to hear the President’s genuine concern for the importance of agriculture, especially in relation to the local production of palay,’ Lacson said in a statement Tuesday. He underscored the President’s ‘focus and dedication to agriculture and food security’ along with the ‘heightened efforts against smuggling to protect local farmers and the local economy, and the enhanced disaster response,

PBBM vision aligns with Mindanao sustainable dev’t goals: MinDA

President Ferdinand Marcos Jr.’s vision for the country aligns with the goals for Mindanao’s sustainable development and progress, Mindanao Development Authority (MinDA) Secretary Leo Tereso Magno said. Magno issued the statement Monday after the President delivered his third State of the Nation Address (SONA) that emphasized infrastructure development, economic recovery, and social services that resonate with their mission in MinDA. ‘We are particularly encouraged by his focus on agricultural development and support for local industries. These initiatives are vital for empowering our farmers and local entrepreneurs, ensuring that the benefits of progress reach even the most remote communities,’ he said.

CREATE More bill passage to expand tourism investments: DOT

MANILA: The Department of Tourism (DOT) on Monday backed calls to pass the CREATE More bill, seeing it as a way to expand tourism investments in the country. Tourism Secretary Christina Frasco made the statement following the third State of the Nation Address of President Ferdinand R. Marcos Jr., who reaffirmed the government’s focus on developing tourism as a major contributor to job generation. ‘This legislative measure paves the way for a viable fiscal landscape for service-oriented enterprises such as in the tourism industry by providing incentives that is aligned with their operational needs,’ Frasco said. Frasco said the bill

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