Author: Bernama

End flat-rate loan calculations to curb household debt

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist. In the Exposure Draft on Personal Financing released on Dec 13, 2024, BNM sought public input on new

Economy grows 5.2% in first three quarters of 2024

KUALA LUMPUR: Malaysia’s economy has sustained strong growth in the first three quarters of 2024, expanding by 5.2 per cent from January to September, said the Department of Statistics Malaysia (DOSM).  Chief statistician Datuk Seri Mohd Uzir Mahidin said the growth signifies a notable improvement from the 3.8 per cent

Labuan silat athletes shine on global stage

LABUAN: Labuan’s sporting scene has reached new heights as two senior Silat athletes clinched medals at the 20th World Pencak Silat Championship and 5th Junior World Pencak Silat Championship in Abu Dhabi.  President of the National Silat Association’s (PESAKA) Labuan chapter, Mohd Khairul Abdul Ghani, said the achievement underscored the

Midnight sale to be expanded to more supermarkets on east coast- tourism Malaysia

KOTA BHARU: Tourism Malaysia plans to expand the Midnight Sale programme to more supermarkets across the east coast states, aiming to make it an annual tourism event, in conjunction with the Malaysia Year End Sale (MYES) campaign. Tourism Malaysia’s Eastern Region director Mohd Azizul Arif Yahaya said a total of seven programmes

Anwar’s diligence, hardwork bring rapid changes to country – Amirudin

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim’s diligence and hard work since taking the helm of the Unity Government two years after the 15th General Election have resulted in significant and rapid changes in his administration. Selangor Menteri Besar Datuk Seri Amirudin Shari praised Anwar’s unwavering commitment to enhancing economic

Elderly man found dead in house

IPOH: An elderly man was found dead in a house in Ipoh Garden South near here, early today. Perak Malaysian Fire and Rescue Department (JBPM) assistant director (Operation) Sabarodzi Nor Ahmad said a team from the Ipoh Fire and Rescue was sent to the scene after receiving a call at 1.13 am. “The 68-year-old victim

Court rejects Syed Saddiq’s bid for judicial review of allocations for Muar

KUALA LUMPUR: The High Court here today dismissed an application by Muar Member of Parliament Syed Saddiq Syed Abdul Rahman for leave to challenge the government’s decision to withdraw allocation intended for his constituency. Judge Datuk Wan Ahmad Farid Wan Salleh who made the ruling, said that the application was

Fahmi conveys condolences to family of TRAXXfm producer

KUALA LUMPUR: Communications Minister Fahmi Fadzil extended his heartfelt condolences to the family and friends of Muhammad Faizal Husaini Rashid, the producer of RTM radio channel TRAXXfm, who passed away last night after a battle with cancer. Fahmi described Muhammad Faizal Husaini, 45, affectionately known as Lisham, as a beloved figure, renowned for

Solar growth shines amid energy sector challenges

KUALA LUMPUR: Malaysia’s energy sector registered significant growth this year, driven by incentives that catalysed players to undertake new green energy ventures, particularly solar systems. The solar industry stood out, thanks to the Solar For Rakyat Incentives Scheme (SolaRIS), which provides rebates of up to RM4,000 for new Net Energy Metering