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El Niño slows economy for years, costs trillions: Report

WASHINGTON: The financial toll of the El Niño phenomenon lingers for years and costs trillions in lost income worldwide, a new research has revealed, reported German news agency (dpa). El Niño describes the warming of surface waters in the eastern Pacific Ocean that alters air and water currents worldwide. Researchers at the United States’ Dartmouth […]

Incumbent slammed for misleading statement

SIBU: Gabungan Parti Sarawak (GPS) Lanang candidate, Wong Ching Yong has slammed incumbent Alice Lau for misleading the people by saying that if Pakatan Harapan (PH) forms the next government, the nation’s inflation rate will be 0.66 per cent. This was the inflation rate during PH’s previous 22 months’ rule. “This statement is very misleading […]

EPF gross investment income at RM15.85b for Q1

KUALA LUMPUR: The Employees Provident Fund (EPF) recorded total investment income of RM15.85 billion for the first quarter ended March 31, 2022 (Q1 2022), lower than the RM19.29 billion recorded in the corresponding quarter in 2021, dragged by a significant decline in worldwide markets. EPF chief executive officer Datuk Seri Amir Hamzah Azizan said the […]