LABUAN: An academician has suggested the substantial savings from the discontinuation of the RM3.8bil in chicken subsidies should be strategically channelled into key initiatives for the people. Universiti Malaysia Sabah (UMS) senior lecturer Assoc Prof Dr Romzi Ationg said this significant windfall could be allocated to creating or enhancing cash …

KUALA LUMPUR: The rise in child abuse cases since 2020 has led to the expansion of the Women’s Anti-Crime Squad (Skuad Waja) role as Child Protection Assistants to address the growing issue. According to Women, Family, and Community Development Minister Datuk Seri Nancy Shukri (pic), selected members of the Skuad …

KUALA LUMPUR: Bank Negara Malaysia has maintained its overnight policy rate (OPR) at 3%, a move widely expected by economists. Analysts polled by Reuters expected Bank Negara to keep rates steady at 3%, given the stable domestic inflation and growth outlook. “At the current OPR level, the monetary policy stance …

PETALING JAYA: In a speech in Parliament yesterday (Nov 1), Communications and Digital Minister Fahmi Fadzil said telcos that automatically offer 5G services to its customers saw an adoption rate of more than 50% among subscribers with compatible 5G devices. Citing a report from connectivity intelligence company Ookla, Fahmi said …

SUBANG JAYA: There are plans to promote the Electrified Automation Advancement Programme (EEAP) to encourage more Indian youth across the country to enrol in the course, says Datuk Ramanan Ramakrishnan. The Malaysian Indian Community Transformation Unit (Mitra) special committee chairman said the matter will be brought to Prime Minister Datuk …

Repair works still ongoing at flood-damaged Endau-Rompin Selai, say authorities Johor contains over 63,000ha of forests that are designated as national parks. The largest of these is Endau-Rompin Johor National Park, a critical habitat for threatened wildlife species such as the Malayan tiger, Malayan tapir and Asian elephant. Other significant …

SYDNEY: Asian shares and bonds extended a global rally on Thursday as a non-committal Federal Reserve chief had markets double down on bets that U.S. interest rates have peaked and cuts are on the way. Europe was also set for a positive open, with EUROSTOXX 50 futures up 0.7% and …

LONDON (Reuters) – Europe’s biggest online fashion retailer Zalando sees continued pressure on demand for the rest of the year and now expects 2023 sales to decline, the company said on Wednesday as it reported weaker than expected third-quarter revenue. Zalando, a multi-brand platform that sells clothes, shoes, accessories, and …

SEPANG: Aviation players must urgently adopt sustainable practices to face the threat of climate change, says Transport Minister Anthony Loke. He said while an international framework for the aviation industry’s green transition was in place, regulators must foster an environment that champions and expedites its effective implementation. “It is our …

WASHINGTON: US President Joe Biden issued an executive order Monday on regulating artificial intelligence, aiming for the United States to “lead the way” in global efforts to manage the technology’s risks. The “landmark” order directs federal agencies to set new safety standards for AI systems and requires developers to share …