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BNM actions keep short-term interbank rates stable as liquidity drops
KUALA LUMPUR, Jan 10 — Short-term interbank rates are expected to remain stable next week, supported by Bank Negara Malaysia’s (BNM) continued operations to absorb excess liquidity from the financial system. This week, the central bank intervened daily through reverse
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Weekly gold contracts climb with higher trading volumes and open interest
KUALA LUMPUR, Jan 10 — Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, with another attempt towards the US$4,600 per troy ounce level. RHB Investment Bank Bhd (RHB IB) said if the bearish momentum intensifies, the
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MACC hauls in RM6.9m in gold, foreign cash and SUV linked to army tender probe
KUALA LUMPUR, Jan 9 — The Malaysian Anti-Corruption Commission (MACC) has seized gold, a high-performance sport utility vehicle (SUV), and cash in various foreign currencies estimated to be worth about RM6.9 million, following an investigation into Malaysian Army procurement tenders. According to
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Penang to continue RM600 one-off aid for taxi, school bus drivers for 13th year, says exco
GEORGE TOWN, Jan 9 — Penang will continue incentive payments to taxi drivers and school bus operators, starting in March, said State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari. Zairil said the RM600 aid will be paid directly
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Customs Dept seizes RM1.88b in 7,097 smuggling, duty evasion cases in 2025
PUTRAJAYA, Jan 9 — The Royal Malaysian Customs Department (JKDM) has successfully cracked down on 7,097 cases of attempted smuggling and evasion of customs duties and taxes involving the seizure of various types of goods, including taxable goods with a
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Education Ministry activates advisory council to study possible revival of UPSR and PT3 exams
PUTRAJAYA, Jan 9 — The Education Ministry has activated the National Education Advisory Council to study the need to revive the Pentaksiran Tingkatan Tiga (PT3) and the Ujian Pencapaian Sekolah Rendah (UPSR) examinations. Education Minister Fadhlina Sidek said the council’s study
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Sultan Ibrahim gifts new mosque to Batu Muda residents in Kuala Lumpur
KUALA LUMPUR, Jan 9 — His Majesty Sultan Ibrahim, King of Malaysia, today expressed his consent to donate a mosque for residents in the Batu Muda area here. In a post on the Sultan Ibrahim Sultan Iskandar Facebook page, His
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Federal Court dismisses Bersatu’s bid to challenge Speaker’s decision on four Sabah MPs’ seats
PUTRAJAYA, Jan 9 — The Federal Court today dismissed Bersatu’s application to get leave to appeal the Dewan Rakyat Speaker’s refusal to declare as vacant four Sabah parliamentary seats won by the party’s former members in the last general election. In
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Education Ministry to distribute Early Schooling Aid earlier from next year following parents’ feedback
PUTRAJAYA, Jan 9 — The Ministry of Education (MOE) has expressed its commitment to distribute the Early Schooling Aid (BAP) much earlier, starting next year. Its Minister, Fadhlina Sidek, said this is following complaints by parents about the aid being given
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‘It’s scary, you don’t want to get shot’: Residents fear protesting under Trump after Minneapolis killing
MINNEAPOLIS, Jan 9 — The snow-lined street in the midwestern city of Minneapolis where Renee Nicole Good was gunned down by an immigration agent Wednesday lies less than a mile from the site of another slaying that shook Americans. In 2020,
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