Ringgit weakens versus US dollar as global uncertainties intensify

KUALA LUMPUR: The ringgit was traded easier against the US dollar at today’s opening with demand for the greenback improving on the back of global political and economic uncertainties, an economist said. At 8 am, the ringgit weakened to 4.3850/3995 against the US dollar from last Friday’s close of 4.3800/3850. Bank Muamalat Malaysia Bhd chief economist Dr...

Perak’s Sultan Nazrin presents awards, medals to 56 people

KUALA KANGSAR: The Sultan of Perak Sultan Nazrin Shah has presented state awards and medals to 56 people in conjunction with His Royal Highness's birthday on Nov 1. Raja Permaisuri of Perak Tuanku Zara Salim was also present at the investiture ceremony held at Istana Iskandariah here on Saturday (Nov 9). The recipients were led by Keeper...

Anwar condemns bombing in Quetta, extends condolences to Pakistan

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim (pic) expressed his sadness over the horrific bombing in Quetta, Pakistan, which has claimed the lives of at least 24 people and left many others injured. "On behalf of Malaysia, I extend our deepest condolences to the people of Pakistan, who mourn this senseless and devastating loss," he...

Grilling continues for founders

PUTRAJAYA: Despite having spent four days with graft investigators, FashionValet founders still have more explaining to do with regard to investment losses incurred by Khazanah Nasional Berhad and Permodalan Nasional Bhd (PNB) from their investment in the company, says Tan Sri Azam Baki. The Malaysian Anti-Corruption Commission chief commissioner said his officers “are not done” recording...

Plans in place to follow-up on coral bleaching incidents, says Fisheries Dept

PUTRAJAYA: The Fisheries Department director-general Datuk Adnan Hussain (pic) said the department is formulating several follow-up plans regarding the coral bleaching incidents that have occurred throughout this year. He said among the plans are managing local impact, threats and pressure on coral reefs through continuous reef management, identifying resilient reefs and coral species, coral restoration, and...

Pharmacist loses RM120,000 to non-existent investment scheme

KUALA TERENGGANU: A man lost RM120,000 to a non-existent investment scheme offered by two women after being promised returns of RM286,000. Kuala Terengganu OCPD Asst Comm Azli Mohd Noor said that on May 3, the 28-year-old pharmacist discussed the investment with the two women. “The victim, who is from Raub, Pahang, made a series of cash payments...

Tourism Ministry allocates RM970,000 in grants to Kedah arts associations

ALOR SETAR: The Tourism, Arts and Culture Ministry has allocated RM970,000 in Cultural Sector Support Grants (GSSK) to 14 arts associations to promote arts and cultural activities in the state. Its deputy secretary-general (Culture), Datuk Mohd Yusri Mohd Yusoff, explained that the grant supports preserving arts and culture while boosting programmes and events ahead of Visit...

New initiative for financially distressed companies in the works, says Azalina

KOTA TINGGI: The government is working on a new initiative to support companies facing financial distress following the recent success of the Second Chance Policy for individuals, says Datuk Seri Azalina Othman Said. The Minister in the Prime Minister's Department (Law and Institutional Reform) said that a national convention, expected to be held in early 2025,...

Why Chinese-American scientists in US are hopeful next Trump era will be better than last

Some Chinese-born scientists and engineers in the United States are hopeful the second Trump presidency will recognise their contribution to American academia and scientific advances, despite the first Trump administration introducing an initiative they say brought fear and discrimination. In addition to hope, they have expressed a mix of emotions – ranging from goodwill and cautious...

Cops arrest Vietnamese woman to assist in arson case probe in Sitiawan

IPOH: A 38-year-old Vietnamese woman has been arrested to assist in the investigation of a fire involving three houses and four vehicles in Taman Singa, Sitiawan. Manjung OCPD assistant commissioner Hasbullah Abd Rahman said police initially received a call from a 42-year-old house owner at Taman Singa in Sitiawan at around 2.50am on Friday (Nov 8),...