Author: Bernama

MADANI economy to drive positive change in Malaysia

KUALA LUMPUR: The initiatives under the MADANI Economy has the potential to drive positive change for Malaysia by embracing a strategic and value-based approach, particularly during a time of domestic and global uncertainties, says Malaysian Rating Corporation Bhd (MARC). It said from the economic perspective, the MADANI framework is timely

Kedah Unity manifesto comprehensive, realistic: Saifuddin Nasution

SUNGAI PETANI: The Kedah Unity manifesto launched by Pakatan Harapan (PH) and Barisan Nasional (BN) last night is rational and in line with MADANI’s aspirations initiated by Prime Minister Datuk Seri Anwar Ibrahim, at the federal level. PH secretary-general Datuk Seri Saifuddin Nasution Ismail said the manifesto was also comprehensive,

Ringgit open lower against US dollar

KUALA LUMPUR: The ringgit was lower against the US dollar in early trade today as the greenback had strengthened after the United States (US) announced its gross domestic product (GDP) for the second quarter of 2023 (2Q 2023) last night. At 9 am, the local note depreciated to 4.5490/5525 against

Bursa Malaysia retreats in early trade on profit-taking

KUALA LUMPUR: Bursa Malaysia retreated from yesterday’s gains to open lower today due to profit-taking amidst Wall Street’s bearish performance overnight. At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 4.17 points to 1,447.10 from 1,451.27 at yesterday’s close. The key index opened 3.06 points lower at 1,448.21.

Air force base, settlements evacuated as wildfire rages in Greece

ATHENS: Wildfires raging across parts of Greece has forced the evacuation of an air force base at the seaside town of Nea Anchialos, near the port city of Volos, as well as 12 settlements in the area, Xinhua quoted Greek national news agency AMNA’s report on Thursday. The relocation of

US announces new measures addressing extreme heat as temperatures soar

LOS ANGELES: US President Joe Biden on Thursday announced new actions to protect communities from extreme heat. Biden directed the US Department of Labour to issue first-ever Hazard Alert for heat and announced new investments to protect communities. Since 2011, more than 400 American workers have died due to environmental

FTW Ventures obtains exclusive distributor rights for fox racing products

KUALA LUMPUR: FTW Ventures Sdn Bhd, under its brand name, FTW Racing, has inked an agreement to become the exclusive distributor for the Fox Racing brand in Malaysia, Indonesia, Brunei, and Singapore for three years, automatically renewable after the said period. FTW Racing is a distributor and seller of motorsport

Sultan of Brunei to visit Malaysia next week  

PORT DICKSON: Prime Minister Datuk Seri Anwar Ibrahim announced last night that the Sultan of Brunei, Sultan Hassanal Bolkiah will be visiting Malaysia next week. The Prime Minister said during the Brunei Sultan’s visit, several memorandums of understanding, including agreements on investment would be signed, giving a positive impact to

New law needed to address 3R-related issues

KUALA LUMPUR: The 14-day official campaign period for the six state elections will kick off as soon as the nomination process is over tomorrow. Selangor, Negeri Sembilan, Penang, Kedah, Kelantan and Terengganu are creating history by holding state elections simultaneously and electing their new assemblymen not during a general election.