General

BUKIT MERTAJAM, A company selling snack crackers was found to be using an expired Malaysian halal logo following a raid by the Domestic Trade and Cost of Living Ministry (KPDN) on its premises here yesterday. Penang KPDN director S Jegan said the operation, conducted in collaboration with the Halal Management Division and the Penang Islamic Religious Affairs Department (JHEAIPP), targeted a two-storey shophouse used as a factory. ‘During the inspection, we found that an expired Malaysian halal logo was used on the packaging of their products. ‘Subsequently, RM6,748 worth of cracker products stamped with the expired halal logo were seized,”

KUALA LUMPUR, JP Morgan has upgraded Malaysia’s rating from underweight to neutral after almost six years, crediting the country’s policy reforms, data centre investments and infrastructure build-up. In an interview with CNBC yesterday, JP Morgan head of Asia-Pacific (ex-Japan/China), Rajiv Batra said Malaysia’s rapid pace of progress was impressive with a 4.2 per cent gross domestic product growth in the first quarter of 2024. ‘What was more exciting for us was that all the signs were evident last year. Earnings growth almost tracking a 10-11 percent mark was an upside surprise. We need to give credit to the country, and

KUALA LUMPUR, JP Morgan has upgraded Malaysia’s rating from underweight to neutral after almost six years, crediting the country’s policy reforms, data centre investments and infrastructure build-up. In an interview with CNBC yesterday, JP Morgan head of Asia-Pacific (ex-Japan/China), Rajiv Batra said Malaysia’s rapid pace of progress was impressive with a 4.2 per cent gross domestic product growth in the first quarter of 2024. ‘What was more exciting for us was that all the signs were evident last year. Earnings growth almost tracking a 10-11 percent mark was an upside surprise. We need to give credit to the country, and

MANILA: The Department of the Interior and Local Government (DILG) is pushing for amendments to the “already defective” Republic Act (RA) 7160 or the Local Government Code of 1991. This is to address problems and challenges encountered by local government units (LGUs) in the implementation of projects and delivery of services, Interior Secretary Benjamin Abalos Jr. said in a pre-SONA (State of the Nation Address) special over state-run People’s Television Network. “Ang lahat ng barangay road, dapat ang gumastos barangay, ‘yun ang nasa Local Government Code. Ang lahat ng eskwelahan ay pananagutan ng mga lungsod at munisipyo, sila ang magpapagawa.

MANILA: The House Committee on Dangerous Drugs on Wednesday cited for contempt former presidential economic adviser Michael Yang for his refusal to attend hearings on the September 2023 illegal drug seizure worth PHP3 billion in Mexico, Pampanga. During the hearing, Antipolo Rep. Romeo Acop moved to cite former president Rodrigo Duterte’s economic adviser for contempt over his non-appearance at the congressional hearing despite the issuance of a show cause order. Yang was invited to the hearing to shed light on the interlocking incorporators of all the corporations connected with Empire 999 Realty Inc. “I move then, Mr. Chair, that we