Arkib Harian: December 7, 2023

Inflation may re-emerge on review of subsidies, but reforms much-needed – SERC

Inflation may re emerge on review of subsidies but reforms much needed

PETALING JAYA: The government’s intention to review price controls and subsidies in 2024 will affect the outlook for inflation and demand conditions in Malaysia as the country moves from transition and policy setting to implement promised reforms and policies. Socio-Economic Research Centre economist and executive director Lee Heng Guie said …

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Multiracial 2,000-singer gathering in Kuching sets Christmas carol record

Multiracial 2000 singer gathering in Kuching sets Christmas carol record

KUCHING: A multiracial gathering of over 2,000 singers at Padang Merdeka here has been recognised as the country’s largest Christmas carol gathering in the Malaysia Book of Records (MBOR). Some 2,479 participants from the Association of Churches in Sarawak (ACS), cultural associations and other religious organisations gathered to sing “O …

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Britain sets out safeguards for accessing cash in digital age

Britain sets out safeguards for accessing cash in digital age

LONDON (Reuters) – Britain’s banks and building societies should make sure customers can still access cash before closing a branch as more financial services move online, the country’s markets regulator proposed on Thursday. The Financial Conduct Authority (FCA) said it was using powers under a new financial services law approved …

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Other Sports: Factbox-No-fly zones, traffic bans and metro ticket hikes at Paris Olympics

Other Sports Factbox No fly zones traffic bans and metro ticket hikes

PARIS (Reuters) – French Transport Minister Clement Beaune confirmed on Thursday a no-fly zone over Paris on the evening of the Olympic Games opening ceremony next July, and tried to reassure people that the transport system could handle an expected surge in numbers. NO-FLY ZONE: There will be a no-fly …

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Sabah to get immediate RM3mil allocation, says Anwar

Sabah to get immediate RM3mil allocation says Anwar

KOTA KINABALU: Sabah is getting an immediate allocation of RM3mil for petty traders and the minor repair of infrastructure in Penampang, says Prime Minister Datuk Seri Anwar Ibrahim. He approved the amount following a request from Penampang MP Datuk Ewon Benedick during the Hawkers and Traders Carnival at Buhavan Square …

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Verify online offers to avoid becoming job scam victims, says DPM Fadillah

Verify online offers to avoid becoming job scam victims says

PUTRAJAYA: Misleading social media posts, including fake online job advertisements, have become a major challenge, says Deputy Prime Minister Datuk Seri Fadillah Yusof. Stressing the importance of fact-checking and research, Fadillah reminded citizens to consult public information resources when receiving any online offers to avoid falling victim to scams. “One …

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Azerbaijan’s Aliyev calls snap election after Karabakh victory

Azerbaijans Aliyev calls snap election after Karabakh victory

(Reuters) – Azerbaijani President Ilham Aliyev, riding high on a wave of support for his recapture of the breakaway territory of Nagorno-Karabakh, on Thursday called an early presidential election for Feb. 7. Aliyev, 61, was last re-elected in 2018 for a seven-year term, with a declared 86% of the vote, …

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Bursa Malaysia Derivatives to launch its first currency futures on Dec 11

Bursa Malaysia Derivatives to launch its first currency futures on

KUALA LUMPUR: Bursa Malaysia Derivatives Bhd will launch its first currency futures contract, the Mini USD/CNH Futures (FCNH), through a licensing agreement established with Hong Kong Exchanges and Clearing (HKEX) on Dec 11. It said FCNH will be the country’s inaugural exchange-traded currency futures contract, complementing existing currency markets operated …

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Kevin Morais murder appeal: Not enough evidence to sustain charge, court hears

Kevin Morais murder appeal Not enough evidence to sustain charge

PUTRAJAYA: A lawyer has told the Court of Appeal that there is insufficient evidence to sustain the charge against his client for the murder of DPP Datuk Anthony Kevin Morais. Lawyer Kitson Foong, who is representing S. Ravi Chandaran, one of the six men convicted of killing Morais, told the …

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Kenya judge finds Meta is not in contempt of court

Kenya judge finds Meta is not in contempt of court

NAIROBI (Reuters) – A Kenyan judge on Thursday found Facebook’s parent company Meta was not in contempt of court for failing to pay dozens of content moderators that a contractor laid off. Labour judge Mathews Nduma Nderi said Meta did not “deliberately and contemptuously” breach a court order requiring it …

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