Latest news with #205
Barnama
6 days ago
- Business
- Barnama
CPO Futures End Lower As Market Awaits Fresh Export, Production Data
By K. Naveen Prabu KUALA LUMPUR, July 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, as traders turned cautious ahead of key export and production figures due next week. Fastmarkets Palm Oil Analytics senior analyst Dr Sathia Varqa said traders are likely awaiting new market leads, particularly for export and production data from July 1 to 20. 'The next major data release will be cargo surveyor estimates for exports and production figures from the Malaysian Palm Oil Association, which will provide clearer guidance for the market,' he told Bernama. He added the CPO market appeared stagnant today, with nearby-month contracts such as August to December showing little movement. 'The market seemed a little directionless today after two sessions of sharp swings. Prices traded on both sides earlier in the session but settled in negative territory by the close,' he said. At the close, the new spot-month August contract fell RM20 to RM4,138 per tonne, September 2025 contract declined RM18 to RM4,180 per tonne and October 2025 contract eased RM14 to RM4,210 per tonne. November 2025 slipped RM16 to RM4,217 per tonne, December 2025 dropped RM20 to RM4,213 per tonne while January 2026 contract shed RM27 to RM4,205 per tonne. Trading volume rose to 119,798 lots from 90,890 lots on Wednesday, while open interest increased to 232,699 contracts from 231,958 contracts previously.
Daily Express
04-07-2025
- Daily Express
Luxury apartment raid uncovers drug den, karaoke hub
Published on: Friday, July 04, 2025 Published on: Fri, Jul 04, 2025 By: Bernama Text Size: For illustrative purposes only. - Getty Images/iStockphoto JOHOR BAHRU: A syndicate has been uncovered operating out of rented luxury apartments, which were converted into both a drug processing centre and a clandestine entertainment hub complete with karaoke rooms for customers. Johor police chief Datuk M. Kumar said that in a raid at about 6.30 am on June 25, rooms in three apartments of the same block were modified into karaoke lounges for customers to have fun while conveniently buying drug supplies from pushers. Advertisement In the raid, police seized drugs including syabu, ecstasy and ketamine worth RM1.72 million, as well as vehicles, cash and jewellery worth RM190,205. "Intelligence gathering began since the beginning of this year. This group is suspected to be masterminded by locals and became active around March 2025. They operated on a small scale, using gated and guarded apartments as locations to store and package drugs,' he told a press conference here today. He said nine individuals were arrested in the raid, comprising four local men, one local woman, one Singaporean man, two Vietnamese women, and one Laotian woman, aged between 21 and 64. Initial urine screenings showed all suspects tested positive for methamphetamine. Four of them have previous criminal records related to drugs and other offences, including a 64-year-old Singaporean who is also wanted by authorities in his home country for drug-related crimes The case is being investigated under Section 39B of the Dangerous Drugs Act 1952, the Immigration Act 1959/63 and Section 108 of the Road Transport Act 1987 with all suspects now remanded until tomorrow to assist in further investigation. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
26-06-2025
- Automotive
- The Star
Waste management firm to tighten subcontractor oversight amid summons controversy
SHAH ALAM: KDEB Waste Management Sdn Bhd (KDEB) has announced plans to impose stricter rules and checks on all its subcontractors following recent controversy over having the highest number of unpaid Road Transport Department (JPJ) summonses. KDEB Waste Management managing director Datuk Ramli Mohd Tahir explained that current agreements with subcontractors result in summonses issued to KDEB vehicle drivers, who are employed by subcontractors, being directed to KDEB itself. Unlike most other states' waste management services, KDEB owns all its 1,540 vehicles currently used by its subcontractors, as per a company mandate when it was established as a subsidiary of the Selangor government. "We are responsible for any manufacturing defects on the vehicle, but maintenance to ensure road-worthiness and fixing wear-and-tear is the responsibility of the subcontractors as per our agreement with them. "This, combined with poor communication about JPJ summonses between both the vehicle drivers and subcontractors, as well as between the subcontractors and KDEB, has resulted in many summonses going missing-in-action, leaving us in the dark. "The plan now is to review existing clauses in our subcontractors' contracts to be more stringent with increased penalties while improving KDEB's own monitoring operations," he said during a press conference on Thursday (June 26). Ramli stated that changes could include increasing the frequency of KDEB's checks on subcontractors for JPJ summonses from monthly to bi-weekly, as well as system improvements to better trace wrongdoings by subcontractors' drivers. He also mentioned that checks with the JPJ MySikap website found KDEB only had 14,343 active unpaid summonses. Ramli added that KDEB had paid RM2,378,205 for 23,218 JPJ summonses since August 2015, which includes 1,237 summonses incurred in 2025 alone, valued at RM146,890, as of Wednesday (June 25). This comes after Transport Minister Anthony Loke stated that KDEB was among the companies with the highest number of unpaid JPJ summonses for various traffic offences, reported to be 22,017, on Wednesday (June 25). "We are now planning to meet with JPJ officials to resolve this 8,000 figure discrepancy," Ramli added.
Yahoo
16-06-2025
- Automotive
- Yahoo
New Peugeot E-208 GTi revealed
Peugeot has unveiled its new 208 GTi electric hot hatch. The model marks the return of the GTi badge – most famously attached to the 205 in the 1980s, and most recently seen with the 308 GTi, discontinued in 2021. The E-208 GTi features design elements inspired by the 205, including alloy wheels based on the 205's 'Speedline' wheels and an exclusive bright red paint colour. Other exterior features include a front spoiler and rear diffuser. The interior also features extensive red detailing, with leather and Alcantara seats and steering wheel. Peugeot says the model will be capable of accelerating from 0-62mph in 5.7 seconds thanks to a 280hp electric motor, while a 54kWh battery is said to allow a range between charges of up to 217 miles. A 20-80% battery charge will be possible in less than 30 minutes with a 100kW DC rapid charger. The model has received chassis tweaks designed to deliver a more dynamic drive than the regular E-208. These include the ride height being lowered by 20mm, and the track being widened by 56 mm at the front and 27 mm at the rear. The E-208 GTi also gets a limited-slip differential and a rear anti roll bar, and is fitted with 355mm front disc brakes with four-piston calipers designed to optimise cooling. The car's stability control system features a 'Sport' mode which suspends assistance systems for situations such as track driving, and the steering system is said to have been calibrated for dynamic driving. Other equipment will include TomTom sat-nav, and wireless Apple Carplay and Android Auto connectivity. Prices and an on-sale date are yet to be announced. "New Peugeot E-208 GTi revealed" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
AU Financial Review
28-04-2025
- Automotive
- AU Financial Review
Jeff Bezos-backed start-up launches $30,000, US-made electric pickup
Austin | A Jeff Bezos-backed start-up aims to appeal to American car buyers' patriotism and wallets. Slate Auto plans to debut a small, electric-powered, American-made pickup for less than $US20,000 ($31,310) with federal subsidies. The bare bones, two-seater truck is designed to make a splash in a market where demand for electric vehicles has softened. The lessening demand is due in part to high prices that data group Cox Automotive estimates averaged $US59,205 in March, 25 per cent more than a petrol vehicle.
