Category: General

KUALA LUMPUR, The ringgit was slightly higher against the US dollar in early trade today while steady demand continued to provide support for the greenback, an analyst said. At 9 am, the ringgit stood at 4.7050/7110 versus the US dollar compared to yesterday’s close of 4.7055/7105. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the US Dollar Index is still holding up, signalling a resilient demand for the greenback amid hopes of interest rate cuts. Earlier today, Federal Reserve (Fed) chair Jerome Powell’s testimony to the US Congress suggested that the Fed is on track to cut

TACLOBAN CITY: Developing the Babatngon port into a regional transshipment hub will soon proceed with the favorable outcome of technical and economic studies, the Regional Development Council (RDC) reported on Wednesday. Citing the results of a feasibility study, the RDC said the Philippine Ports Authority (PPA) will finally begin constructing the PHP934.206 million port in Babatngon, Leyte, a town next to this city. In a statement, the RDC said the project was found to be technically feasible and economically viable based on the feasibility study conducted by the Gammacon Builders, Inc., as presented by the PPA to the region’s highest

WATERLOO, Canada, Teledyne DALSA is pleased to announce that its AxCISS family of high-speed and high-resolution fully integrated line scan imaging modules are now available in color. These easy-to-use Contact Image Sensors (CIS) combine sensors, lenses, and lights all-in-one, offering a lower cost inspection system for many demanding machine vision applications including battery and print inspection. Powered by Teledyne’s multiline CMOS image sensors, AxCIS delivers superior image quality with up to a 60 kHz x 3-line rate of native RGB colors, at a pixel size of 28 µm or 900 dpi resolution, so that defects can be detected with unprecedented

ILOILO CITY: MORE Electric and Power Corp., the electricity provider here will spend around PHP1 billion in the next four years to improve power services in Bohol, its top official said. ‘For Bohol, that [investment] should be between… perhaps a billion would be more or less doable in the next four years,” MORE Power president and CEO Roel Castro said in an interview at the sidelines of the 16th Media Seminar organized by the US Embassy in the Philippines on Tuesday. “It’s not also as big as Iloilo, and I was looking at the system hindi naman siya sirang-sira (not

JOHOR BAHRU, Unity and the wellbeing of the people have always been the core focus of His Majesty Sultan Ibrahim, the 17th King of Malaysia, even when he reigned as the Sultan of Johor. According to the Chairman of the Sultanah Fatimah Foundation (YSF), Mejar Cina Datuk David Wong Khong Soon, in Johor, Sultan Ibrahim always emphasised the concept of unity and mutual respect, transcending skin colours, ethnicity and religious beliefs. ‘His Majesty will personally listen to the needs of his people and consider how best to help them, always prioritising the interests of the people because he is always