Arkib Harian: November 10, 2023

Ringgit continues downtrend after hawkish tone from Fed chairman

Ringgit continues downtrend after hawkish tone from Fed chairman

KUALA LUMPUR: The ringgit extended its downtrend to close lower today against the greenback for the fourth consecutive day following US Federal Reserve (Fed) chairman Jerome Powell’s hawkish tone in his statement on US monetary policy on Thursday. At 6 pm, the ringgit slid to 4.7065/7105 against the greenback from …

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Exclusive-Even Indonesian president’s loyalists outraged over election moves-sources

Exclusive Even Indonesian presidents loyalists outraged over election moves sources

JAKARTA (Reuters) – Indonesia’s president is facing discontent within his administration over perceived meddling in next year’s elections, with some cabinet ministers personally expressing outrage to colleagues, two sources with direct knowledge said. A third government source and longtime loyalist to President Joko Widodo also expressed disappointment with what they …

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Cricket: Cricket-Babar denies Pakistan captaincy has affected his form at World Cup

Cricket Cricket Babar denies Pakistan captaincy has affected his form at

KOLKATA (Reuters) – Pakistan’s Babar Azam does not think the burden of captaincy has affected his batting at the World Cup and is not losing sleep over whether he will keep the job after the showpiece event. The 1992 champions are fifth in the points table and face a virtually …

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Ibraco and China partners to set up JV after securing RM568.61mil contract from Sarawak Metro

Ibraco and China partners to set up JV after securing

KUALA LUMPUR: Ibraco Bhd is expected to set up a joint-venture company with China Railway Engineering Corporation (M) Sdn Bhd (CRECM) and Nanyang Tunnel Engineering Sdn Bhd (NYTE) after securing a project related to the Kuching Urban Transportation System (KUTS) worth RM568.61 million. Ibraco Construction Sdn Bhd (ICSB), a wholly-owned …

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Cricket: Cricket-Australia to take late call on Maxwell for World Cup clash with Bangladesh

Cricket Cricket Australia to take late call on Maxwell for World

BENGALURU (Reuters) – Australia will take a late call on Glenn Maxwell’s participation in their World Cup game against Bangladesh after the all-rounder batted through severe cramps to script an improbable win over Afghanistan, bowling coach Daniel Vettori said on Friday. Maxwell endured cramps in his calf, shin, hamstring and …

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A man, a van, a plan: Twitch CEO seeks to charm angry streamers

A man a van a plan Twitch CEO seeks to

In recent years, as Twitch fended off territorial incursions from YouTube, the livestreaming service did whatever it could to hang on to top performers: signing them to exorbitant, exclusive contracts, offering them favourable cuts of subscription revenue and even handing out free tickets to the Super Bowl. Now under mounting …

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Selangor to pay off RM19mil debt to federal govt next year, says MB

Selangor to pay off RM19mil debt to federal govt next

SHAH ALAM: Selangor has been projected to pay off its debt of RM19,207,475.78 owed to the Federal Government in 2024. State Mentri Besar Amirudin Shari, when tabling Selangor Budget 2024, said this was possible as the state enjoys sound financial freedom. He said the amount was borrowed to pay for …

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Up to RM1bil in green financing available to Sarawak SMEs

Up to RM1bil in green financing available to Sarawak SMEs

KUCHING: Green financing amounting to RM1bil will be available to Sarawak SMEs to adopt sustainable practices. This comes after a memorandum of understanding (MOU) was signed by InvestSarawak, an agency under the state International Trade and Investment Ministry, the UN Global Compact Network Malaysia and Brunei (UNGCNMB) and Alliance Bank …

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Deepavali: 73% increase in vehicles expected on KL-Karak Expressway

Deepavali 73 increase in vehicles expected on KL Karak Expressway

KUANTAN: Concessionaire ANIH Bhd expects 692,000 vehicles to use the Kuala Lumpur-Karak (KLK) and the East Coast Expressway Phase 1 (LPT1) for four days from Friday (Nov 10), which is an increase of 73% from the average daily traffic. Its chief executive officer, Imran Gulcharan Abdullah said 284,000 vehicles were …

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