Arkib Harian: June 6, 2024

Bursa Malaysia closes higher on bargain hunting

Bursa Malaysia closes higher on bargain hunting

KUALA LUMPUR: Bursa Malaysia closed higher on bargain hunting for stocks currently priced lower than usual after yesterday’s profit-taking, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 6.20 points, or 0.39 per cent, to 1,614.73 from yesterday’s close of 1,608.53. The benchmark index, which …

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Fisheries department replanting seagrass to conserve dugong habitats

Fisheries department replanting seagrass to conserve dugong habitats

ISKANDAR PUTERI: The Fisheries Department is replanting seagrass to conserve the plant in Pulau Tinggi and Pulau Sibu, Mersing, which are dugong grazing areas and habitats. Fisheries Department Deputy Director-General of Fisheries (Management) Wan Muhammad Aznan Abdullah said the effort was carried out by the department’s experts in collaboration with …

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Duopharma eyes M&A prospects in Philippines, Indonesia

Duopharma eyes MA prospects in Philippines Indonesia

KUALA LUMPUR: Duopharma Biotech Bhd is actively evaluating two potential mergers and acquisitions (M&A) proposals from the Philippines and Indonesia, according to group managing director Leonard Ariff Abdul Shatar. However, he said the company remains open to M&A within ASEAN to facilitate more seamless business integration. “M&A proposals from the …

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Global rules needed to spur blockchain trading of assets, report says

Global rules needed to spur blockchain trading of assets report

(Reuters) – Trading stocks and bonds on blockchains at scale will remain a dream unless a global standard for cross-border activity is established that allows assets to move seamlessly across blockchains, according to a report published on Thursday. So-called tokenised assets – which represent the underlying assets – are exchanged …

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Reforms needed for pension scheme, says UM professor

Reforms needed for pension scheme says UM professor

PETALING JAYA: Reforms are needed for pension schemes so that all aged Malaysians have income security, says Universiti Malaya’s Social Wellbeing Research Centre director Emeritus Prof Datuk Norma Mansor. She proposed a multi-tiered pension scheme to replace both the Employees Provident Fund (EPF) and public pension schemes. “Currently, around 50% …

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