Amid criticism, PM to bring Sabah CM to Jakarta for talks over Ambalat
Noting that formal bilateral talks on the matter are set for next Tuesday (July 29), Anwar assured the discussions will also include Sabah Chief Minister Hajiji Noor as the state's maritime boundaries will be raised during the meetings.
Anwar also affirmed that he and Indonesian President Prabowo...
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
27 minutes ago
- The Star
Tech index bucks market trend, national semiconductor strategy attracts RM63bil in investments
KUALA LUMPUR: The Bursa Malaysia Technology Index inched up 0.04 of a point to 52.36 while most of the other sectoral indices remained in negative territory. This may be due to Prime Minister Datuk Seri Anwar Ibrahim's announcement yesterday that the National Semiconductor Strategy (NSS), launched in May 2024, has attracted RM63 billion in investments, comprising RM58 billion in foreign direct investments and RM5.2 billion in domestic direct investments. "Malaysia's transition from a back-end assembly base to a design-to-packaging semiconductor hub remains a work in progress. "However, we are encouraged to see that the NSS is gaining investor traction, institutional support, and regional momentum. With RM63 billion in committed investments, an increase in local champions, and stronger ASEAN alignment, Malaysia is positioning itself as a neutral, indispensable node in the global chip supply chain,' it added. CIMB affirmed that this is one of the key advantages in ensuring Malaysia remains an attractive destination for semiconductor manufacturing globally. At lunch break, Vitrox shares went up 20 sen to RM3.99, Infomina was 11 sen better at RM1.07 and SMRT was 6.5 sen higher at 90.5 sen. - Bernama Trading ideas: MMAG, Keyfield, KAB, Rimbunan Sawit, Jentayu, AYS, Country Heights, Metronic, Nestle, ViTrox, Oriental Interest, KIP REIT, Luxchem, Betamek
New Straits Times
27 minutes ago
- New Straits Times
Move to tighten MyKad safeguards ahead of RON95 subsidy rollout
ALOR STAR: The Domestic Trade and Cost of Living Ministry is tightening safeguards to prevent potential abuse of MyKad in the purchase of subsidised RON95 petrol, ahead of the rollout of a targeted fuel subsidy system. This follows Prime Minister Datuk Seri Anwar Ibrahim's announcement that the price of RON95 petrol will be reduced from RM2.05 to RM1.99 per litre under the subsidy rationalisation plan, with implementation details expected to be announced in September. Deputy Minister Datuk Dr Fuziah Salleh said the ministry and its relevant agencies were proactively identifying potential loopholes in the system. "For instance, foreign-registered vehicles are not allowed to buy subsidised fuel. But if a MyKad is used by these drivers, then we must be alert," she said during a press conference after an Op Kesan 4.0 enforcement inspection at a hypermarket here. Fuziah said the upcoming mechanism will rely on MyKad tracking to ensure subsidies reach only eligible Malaysians. "The fuel price reduction will take effect simultaneously with the new targeted system. Since it's for our citizens only, the use of MyKad is essential," she said. She said any unusual or excessive fuel purchase activity would be traceable through the system's records, providing an additional safeguard against misuse. She added that the ministry had also identified scenarios where a single identity card might be used repeatedly, raising red flags in the system.
Free Malaysia Today
30 minutes ago
- Free Malaysia Today
KTMB denies closure orders for BNM, KL stations ahead of rally
The notice, purportedly from KTMB, states that the Bank Negara Malaysia and Kuala Lumpur stations will be closed from 9am to 5pm tomorrow. PETALING JAYA : Keretapi Tanah Melayu Bhd (KTMB) has denied issuing any orders for the closure of its Bank Negara Malaysia (BNM) and Kuala Lumpur stations following a notice making the rounds on social media. When a netizen asked about the notice in the comment section of one of KTMB's Facebook posts, the firm said there had been no official announcement from the management. 'Updates will be shared from time to time through KTMB's official media channels,' the KTMB Facebook admin replied. The notice said that the BNM and Kuala Lumpur KTM stations would be closed from 9am to 5pm tomorrow. 'The KTM train will not stop at these stations during the closure period,' the notice said. A mass rally organised by Perikatan Nasional is expected to take place in Kuala Lumpur tomorrow, to call for the resignation of Prime Minister Anwar Ibrahim. Participants will gather at Masjid Negara, Pasar Seni, Masjid Jamek Sultan Abdul Samad, Masjid Jamek Kampung Baru and the Sogo shopping complex before marching to Dataran Merdeka. Organisers expect up to 300,000 participants, although a similar protest in Shah Alam earlier this month drew just over 300 people. Police have advised rallygoers to obey the law and assemble peacefully. Yesterday, acting Kuala Lumpur police chief Usuf Jan Mohamad said no roads would be closed in the capital city ahead of the 'Turun Anwar' rally.
