Category: General

KUALA LUMPUR, Bursa Malaysia continued its uptrend on Thursday amidst bullish global risk appetite after the Wall Street hit another record high. At 9.24 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 6.90 points to 1,625.28 from Wednesday’s close of 1,618.38. The index opened 2.78 points higher at 1,621.16. On the broader market, gainers led decliners 412 to 191, with 371 counters unchanged, 1,457 untraded and seven suspended. Turnover totalled 562.16 million units worth RM279.35 million. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said it was another record-breaking day on Wall Street, which was boosted

KUALA LUMPUR, The Federal government and the Sabah state government have each received approximately RM23 billion in petroleum revenue payments from 1976 to the first half of 2024, according to the Prime Minister’s Office (PMO). In a written response published on the Parliament website on Wednesday, the PMO said Petronas has consistently fulfilled all cash payment obligations from petroleum production, based on existing provisions and agreements and in accordance with the Federal government’s instructions. ‘Additionally, Sabah has received approximately RM3 billion in sales tax revenue from Petronas, in line with the implementation of Sabah’s sales tax since 2020,” it said.

KUALA LUMPUR, The Federal government and the Sabah state government have each received approximately RM23 billion in petroleum revenue payments from 1976 to the first half of 2024, according to the Prime Minister’s Office (PMO). In a written response published on the Parliament website on Wednesday, the PMO said Petronas has consistently fulfilled all cash payment obligations from petroleum production, based on existing provisions and agreements and in accordance with the Federal government’s instructions. ‘Additionally, Sabah has received approximately RM3 billion in sales tax revenue from Petronas, in line with the implementation of Sabah’s sales tax since 2020,” it said.

KULIM, A man has been remanded for six days to help in the investigation into the case of two brothers who consumed snacks laced with rat poison in Kampung Padang Ubi, Labu Besar here last Sunday. The remand order was issued by Kulim Sessions Court Judge Mirza Mohamad for investigations under Section 31(1)(a) of the Child Act 2001 and Section 284 of the Penal Code. Earlier, the suspect, dressed in a lockup uniform, arrived at the Kulim Court Complex at around 8 am under police escort. Media previously reported that the two children, Muhammad Akil Syauqi Nur Sufyan, 3, and

IPOH, As of the first quarter of this year, the National Information Dissemination Centre (NADI) in this state has successfully mentored 2,396 entrepreneurs as part of its efforts to strengthen entrepreneurship and the digital economy. State Communications, Multimedia and NGO Committee chairman Mohd Azlan Helmi said this involved the participation of 269,005 community members through a variety of training programmes. ‘To date, NADI e-commerce entrepreneurs in Perak have, on average, recorded a 70 per cent increase in sales compared to before utilising the platform as a sales medium,’ he said during the Perak state assembly sitting at Bangunan Darul Ridzuan