Friday, 8 August 2025

Author: Bernama

RM881 mln outflow in a week

KUALA LUMPUR: Foreign investors extended their selling streak on Bursa Malaysia for the 20th straight week, recording a net outflow of RM881.5 million, down from RM1.27 billion the previous week. MIDF Amanah Investment Bank Bhd said Friday saw the heaviest outflow at RM310 million, while daily outflows ranged from RM68.1

Theme parks want sin tax gone

KUALA LUMPUR: Theme park operators are urging the government to reform outdated laws and boost Malaysia’s tourism industry. The Malaysian Association of Theme Parks and Family Attractions (MATFA) called for clearer definitions to distinguish theme parks from other entertainment venues and for the removal of a 25 per cent tax

Credit upgrade possible if fiscal gains stick

KUALA LUMPUR: Malaysia may see a credit rating upgrade by mid-2026 if fiscal gains continue, according to Maybank Research Pte Ltd. The research house expects one positive rating action from either S&P, Moody’s, or Fitch, provided Malaysia sustains fiscal outperformance in 2025.  Currently, Moody’s and S&P rate Malaysia at “A3/A-,”

Perfect shot plan backfired – Rexy

KUALA LUMPUR: What could have been a perfect shot execution plan fell short, as national men’s doubles pair Wan Arif Wan JunaidiYap Roy King bowed out in the Orleans Masters 2025 semi-finals, in France, on Saturday. Academy Badminton Malaysia (ABM) coaching director Rexy Mainaky said that their eagerness to execute

KBS urged to introduce core sports policy

JOHOR BAHRU: The Ministry of Youth and Sports (KBS) must create a policy to ensure core sports that can win medals at international competitions are retained in the Malaysia Games (SUKMA), according to Johor’s Youth, Sports, Entrepreneur Development and Cooperatives Committee chairman, Mohd Hairi Mad Shah. He expressed concerns about

Number of flood evacuees in Sabah rises

KOTA KINABALU: The number of flood evacuees in Sabah rose this morning (Mar 10) to 4,122 from 1,357 families from 3,579 from 1,203 families yesterday. The State Disaster Management Committee (JPBN) Secretariat reported that 743 people from 276 families were being housed at eight relief centres in Tenom as at

Ramadan no excuse as Abdul Halim gears up for Para Swimming World Series 2025

KUALA LUMPUR: National para swimmer, Abdul Halim Mohammad, emphasised that Ramadan is no excuse to ease up on training, especially with the Para Swimming World Series 2025 in Fuji-Shizuoka, Japan, fast approaching on April 10-12. The five-time ASEAN Para Games gold medallist acknowledged that, like many athletes, his training schedule

Two cops among 55 held in entertainment outlet raid

KUALA LUMPUR: Bukit Aman’s Integrity and Standards Compliance Department detained 55 individuals, including two police personnel, during a raid on an entertainment outlet in Pudu around 4 pm yesterday. In a statement today, Dang Wangi Police Chief, ACP Sulizmie Affendy Sulaiman, said the detainees included 19 women, both locals and

Dates remain the heart of Ramadan feasts

DAMMAM: Date markets across Saudi Arabia’s Eastern Region are bustling with high sales as Ramadan begins, with customers seeking a variety of dates and processed date products. A staple of the iftar table and a Sunnah recommended by Prophet Muhammad, dates help replenish sugar levels, boost energy, and offer high

Giant wooden ring breaks world record

OSAKA: The Guinness World Records has officially recognised the Grand Ring, the central architectural feature of the 2025 World Exposition in Osaka, western Japan, as the world’s largest wooden architectural structure. Spanning over 61,000 square metres, the massive roof symbolises the six-month-long global event, set to begin on April 13,