Ringgit Pares Gains Against US Dollar On Profit-taking

KUALA LUMPUR, The ringgit pared last week’s gains to close lower against the US dollar today due to profit-taking, an analyst said.

At 6 pm, the ringgit slid to 4.4500/4580 versus the greenback from Friday’s close of 4.4200/4280.

Bank Muamalat Mala…

JPJ Cracks Down On Touts At Penang International Airport

GEORGE TOWN, The Road Transport Department (JPJ) has taken action against private vehicle owners for offering illegal passenger transport or car rental services at Penang International Airport near here.

According to a Penang JPJ Facebook post, nine…

RCI On Batu Puteh, Middle Rocks, South Ledge Presents Final Report To King

KUALA LUMPUR, The Royal Commission of Inquiry (RCI) tasked with reviewing the handling of matters related to the sovereignty of Batu Puteh, Middle Rocks, and South Ledge presented its final report to the King of Malaysia, His Majesty Sultan Ibrahim.

MIDF Maintains IPI Growth Forecast At 4.2 Pct In 2024

KUALA LUMPUR, MIDF Amanah Investment Bank Bhd is maintaining its industrial production index (IPI) growth forecast at 4.2 per cent this year (2023: +0.7 per cent) as production activities strengthened in the second quarter of 2024 (2Q 2024).

In a no…

CSC adopts flexible work arrangement

MANILA: The Civil Service Commission (CSC) has introduced a hybrid work arrangement for its Central and Regional offices across the country, consisting of four days onsite and one day remote each week, effective 1 August 2024.

CSC Chairperson Karlo N…

Malaysia Poised To Withstand US Recession – Tengku Zafrul

KUALA LUMPUR, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz expressed confidence in Malaysia’s ability to withstand a potential recession in the United States (US), citing the nation’s recent economic performance as evid…

Escudero backs PNP move to focus on illegal drug source

MANILA: Senate President Francis “Chiz” Escudero on Monday gave his support to the Philippine National Police’s (PNP) recalibrated strategy to focus more on the sources and supply chains of illegal drugs instead of street-level pushers and users.

Esc…