Malaysians Lose US$12.8 Bln To Scams In A Year, Equivalent To Three Pct Of Nation’s GDP

KUALA LUMPUR, Malaysians have lost a total of US$12.8 billion (RM54 billion) to scams in a year, representing three per cent of the country’s gross domestic product, said trust tech company Gogolook.

In a joint statement today, according to the State…

Ringgit Weakens Against Greenback Amid Escalating Geopolitical Risks

KUALA LUMPUR, The ringgit ended lower on Thursday against the US dollar as the greenback strengthened on the back of heightened uncertainties on the geopolitical front.

At 6 pm, the local note depreciated to 4.2185/2250 versus the US dollar compared …

Financial Literacy Key To Youth Empowerment – Aaron Sum

KUALA LUMPUR, Financial literacy is essential in fostering responsible financial habits and decision-making among young people, with benefits that can positively impact their lives long-term, Alliance Bank Group Chief Strategy, Marketing and Business …

Selangor Sultan Consents To Latest Fatwa Declaring GISBH Doctrine As Deviant From Islam

SHAH ALAM, The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has consented to the latest fatwa issued by the Selangor State Fatwa Committee, declaring that the leaders, followers, employees, or members of GISB Holdings Sdn Bhd (GISBH) and its aff…

Fake “Tan Sri” Titles Prompt MDDM To Call For Police Reports

KUALA LUMPUR, The Council of Datuk Dato’ Malaysia (MDDM) announced today that it has recently received complaints about three individuals, including a woman, using fake ‘Tan Sri’ titles.

MDDM secretary-general, Datuk Samson David Maman, confirmed the…

GISBH: Cops To Request Remand Extension For 24 Individuals Including Top Management

KUALA LUMPUR, Police will apply for a remand extension for 24 individuals linked to GISB Holdings Sdn Bhd (GISBH) including the group’s top management to assist in the investigation of a case under the Anti-Trafficking in Persons and Anti-Smuggling of…

Producer Price Index Eases By 1.9 Pct In 2023 – DoSM

KUALA LUMPUR, Malaysia’s Producer Price Index (PPI) decreased by 1.9 per cent in 2023 (2022: 7.8 per cent), mainly due to the contraction in the agriculture, forestry fishing (-13.8 per cent), according to the Department of Statistics Malaysia (DoSM)….