Author - James Lim

Bursa Malaysia remains lower at midday amid weak sentiment

KUALA LUMPUR: Bursa Malaysia remained broadly lower at midday amid weak market sentiment and selling in index-linked counters, alongside declines in regional bourses. The FBM KLCI fell 3.09 points, or 0.19% lower at 1,596.49, recovering from its intra-morning low of 1,590.83. Market breadth turned negative as losers outpaced gainers on a ratio of 466-to-402 stocks. Traded volumes...

QuickCheck: Is the EPF only allowing monthly withdrawals for those aged above 60?

CHAT groups on messaging apps are a great place to share information – but unfortunately this applies to misinformation as well. Recently, a viral message being spread claims that those who are aged 60 and above are only allowed to make monthly withdrawals of their Employees Provident Fund (EPF) savings. Is there any truth to this viral...

New A330neo aircraft joins Malaysia Airlines fleet

SEPANG: As Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines Berhad (MAB), welcomes its first A330neo aircraft into its fleet, Transport Minister Anthony Loke says that there are high expectations for the national carrier to make significant improvements. According to Loke, Malaysians want MAB to expand with new routes globally, particularly in major airports...

AGC plans to appeal Rosmah’s acquittal

KUALA LUMPUR: The Attorney-General's Chambers intends to challenge the High Court's decision that cleared Datin Seri Rosmah Mansor of money laundering and tax evasion charges. Lead prosecutor Ahmad Akram Gharib confirmed the plan to appeal following the proceedings on Thursday (Dec 19). Rosmah had filed to quash her 12 charges of money laundering involving more than RM7mil...

LHDN reminds taxpayers PKPS 2.0 installment payments due by Dec 31

PUTRAJAYA: The Inland Revenue Board (LHDN) is urging all taxpayers who have participated in the Special Voluntary Disclosure Programme (PKPS) 2.0 to make full payment according to the installment schedule set, on or before Dec 31. In a statement on Thursday (Dec 19), LHDN said that failure to settle payments within the specified period may result...

‘No evidence SPM English paper was leaked,’ says Education Minister

PUTRAJAYA: Education Minister Fadhlina Sidek has dismissed claims that the 2024 Sijil Pelajaran Malaysia (SPM) English language speaking test examination paper was leaked. Recently, there had been accusations that the questions were leaked via Telegram. Fadhlina stated that the Education Ministry conducted investigations and found no evidence to classify it as a "leak." "It had nothing to do...

Three teen girls arrested in Kota Kinabalu drug raid

KOTA KINABALU: Three teenage girls were among nine people arrested during a drug party at a condominium unit here. The suspects, mostly in their 20s, were apprehended following a raid by the Kota Kinabalu narcotics unit last week, said city police chief Asst Comm Kasim Muda during a press conference on Thursday (Dec 19). He stated that...

Malaysia, Turkmenistan committed to strengthening bilateral ties, says Anwar

PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim said on Thursday that Malaysia and Turkmenistan have reaffirmed their commitment to deepening cooperation through the establishment of a joint commission. He said the foreign ministers of both nations will implement this initiative early next year to solidify their collaboration. "We are both committed to ensuring that the level of...

Bill on compulsory secondary education to be tabled next February, says Education Minister

PUTRAJAYA: The bill to amend the Education Act 1996 (Act 550) to make secondary education compulsory is expected to be tabled at Dewan Rakyat in February next year, said Education Minister Fadhlina Sidek. She stated that the Education Ministry has submitted the bill to the Attorney-General's Chambers (AGC) for review and aims to present it during...

Rosmah calls acquittal a ‘meaningful birthday gift’

KUALA LUMPUR: The High Court's acquittal in her money laundering and tax evasion case came as a "meaningful gift" during Datin Seri Rosmah Mansor's birthday month. The wife of former prime minister Datuk Seri Najib Razak was all smiles as she expressed relief at closing this chapter after six years of legal battle. "My lawyers have assured...