KUALA LUMPUR: The Malaysian Media Council Bill, which outlines the workings of the council that will move the media industry in the country towards self-regulation, has been tabled for its first reading. Tabled by Deputy Communications Minister Teo Nie Ching, it outlines the functions of the council, its powers, membership, chairmanship, board of council, finance and...
PETALING JAYA: The parliamentary bipartisan committee is firm on its stand that the National Service (PLKN) 3.0 should not proceed until its shortcomings are ironed out, says Datuk Seri Saifuddin Abdullah. This comes despite the release of the Parliamentary Special Select Committee (PSSC) on Security’s full report on the programme at the Dewan Rakyat yesterday. Saifuddin, who...
IN OUR country known for its tropical climate, the idea of a white Christmas might seem like a distant dream. Yet, Malaysia has witnessed snowfall, albeit in unusual circumstances, that has left many curious about this rare phenomenon. So, is it true that Malaysia has ever experienced a white Christmas? Verdict: FALSE Malaysia, celebrated for its warm, tropical climate, has...
KUALA LUMPUR: The ringgit was almost flat against the US dollar in early trade on Friday, despite the higher US dollar index (DXY), said an analyst. At 8.13 am, the ringgit stood at 4.4350/4450 against the US dollar from Thursday’s close of 4.4350/4.395. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the DXY...
KUALA LUMPUR: The FBM KLCI bounced higher on Friday as investors picked up bargains although activity remained lacklustre. At the opening bell, the FBM KLCI rose 1.78 points to 1,603.86, on course to end the week above the key 1,600 support level. According to Rakuten Trade, there are heightened concerns over inflation after the US producer price...
KUALA LUMPUR: Eligible individuals, small-scale companies, or organisations may apply for a special permit to purchase diesel exceeding the standard limit. Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the special permit was solely for approved uses and not for resale purposes. “Applicants must submit a letter of confirmation from the relevant agency...
PETALING JAYA: Substantial policy backing, societal buy-in and integration with broader socio-economic measures are needed to ensure the success of the Employees Provident Fund’s (EPF) new three-tier savings framework. With the aim to serve as a guide to EPF members on the savings required for a comfortable retirement, the new Retirement Income Adequacy (RIA) Framework was...
KUALA Lumpur may follow Selangor’s lead in increasing assessment taxes next year. However, any change would be implemented in phases, likely starting with industrial tax rates, according to Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa. She said discussions on the matter began in early July, emphasising the need to revisit taxation to address...
IPOH: The Perak Wildlife and National Parks Department (Perhilitan) is monitoring the surroundings of Pantai Teluk Batik following the sighting of a crocodile in the area on Thursday (Dec 12). State director Yusoff Shariff said no traps have been set as the department is prioritising observation, and urged visitors the area to be careful. "We advise the...
KUALA LUMPUR: Datuk Seri Najib Razak told the High Court that his action in returning US$620mil of unutilised Saudi donation to Tanore Finance Corp reflected his innocence and yet he was hit with five charges under the Anti-Money Laundering Act. The former prime minister testified that he decided to return the balance of the funds that...
