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New Straits Times
08-07-2025
- Business
- New Straits Times
MARKET PULSE PM JULY 8, 2025 [WATCH]
KUALA LUMPUR: News on stock, crypto and ringgit moves. Bursa Malaysia ended lower for the second consecutive session, as renewed trade tariff uncertainty continued to dampen investor sentiment. In contrast, most regional markets finished in positive territory, discounting US tariff risks after President Trump signaled that negotiations with Washington remained on the table. Back home, the FBM KLCI is expected to trade within the 1,520 to 1,550 range for this week. The ringgit weakened against the US dollar today, closing at 4.2400. In the crypto market, Bitcoin climbed to RM458,755. Ethereum rose to RM10,817, while Solana rose to RM635. That wraps up today's Market Pulse.
Borneo Post
30-06-2025
- Business
- Borneo Post
Yayasan Sabah extends 30% Madani loan rebate programme
Gulamhaidar KOTA KINABALU (June 30): Following an overwhelmingly positive response, Yayasan Sabah Group is extending the 30 per cent Madani Rebate Programme for its education loan borrowers. Initially set to end on 30 June 2025, the programme will continue for another three months until 30 September 2025. Through this programme, Yayasan Sabah Group education loan borrowers interested in fully settling their loans are eligible for a special rebate of 30 per cent on their outstanding loan balance. This substantial rebate is aimed at easing the financial burden on borrowers. It is part of Yayasan Sabah Group's initiative to encourage more borrowers to fulfill their repayment responsibilities and to expedite the recycling of funds for future students pursuing higher education. Since the programme's introduction on 1 April 2025, a total of RM232,817 rebates have been enjoyed by 96 borrowers who fully settled their loans as of 20 June 2025, nearly three months after the programme's launch. Yayasan Sabah Group has also successfully collected RM651,680 in lump sum repayments from borrowers who took up this rebate offer. According to the director of Yayasan Sabah, Dato' Sri Haji Gulamhaidar bin Khan Bahadar, 'This rebate is a manifestation of the Yayasan Sabah Group management's concern for the target group to ease their repayment commitments, in line with our role in complementing the government's efforts in advancing education development. Yayasan Sabah Group's education loan borrowers who can participate in this programme are urged to seize this opportunity to enjoy this significant 30 per cent rebate.' 'To attract more Yayasan Sabah Group education loan borrowers to take up this 30 per cent rebate offer through lump sum settlement, Yayasan Sabah Group is also offering exciting prizes through a lucky draw. Among the prizes are a three-day two-night stay package at Borneo Rainforest Lodge, Lahad Datu, for two people worth over RM8,000, along with more than 20 other attractive prizes sponsored by the Yayasan Sabah Group's subsidiaries,' he added. 'In addition, Yayasan Sabah Group education loan borrowers who have yet to start repaying their loans or have stopped making instalment payments and thus have outstanding arrears, are urged to fulfil their obligations stipulated in their loan agreements. Compliance with loan repayments will contribute to the sustainability of Yayasan Sabah Group's revolving education sponsorship fund, especially as the number of future sponsorship applicants is expected to increase significantly,' he further explained. He continued, 'In conjunction with the current intake season for higher education institutions and in line with the rising demand for sponsorship, previous beneficiaries of the Yayasan Sabah Group sponsorship are reminded not to neglect their responsibility to settle their education loan repayments, to allow new students the opportunity to pursue their studies.' Yayasan Sabah Group also announced enhancements to the Education Loan Repayment Portal, which was launched in March 2025 as a platform to facilitate borrowers in making repayments and obtaining information related to their loan accounts. 'These enhancements, which will take effect starting August 2025, will allow Yayasan Sabah Group education loan borrowers to register for access to various services offered through the portal. Among the services that can be applied for via this portal include loan rescheduling requests, deferment applications, salary deduction payment arrangements, annual statement requests, and borrower information updates,' he explained. For more information regarding these portal enhancements, borrowers can visit the portal at which contains user guides for registration and available services. Additionally, the public may visit Facebook KYS-Kumpulan Yayasan Sabah, or contact 011-3318 1088 / email [email protected] for further details regarding the extension of the Madani Rebate Programme and the enhancements to the Yayasan Sabah Group's education loan repayment portal.
Daily Express
30-06-2025
- Business
- Daily Express
Yayasan Sabah extends 30 pc Madani Loan Rebate to September
Published on: Monday, June 30, 2025 Published on: Mon, Jun 30, 2025 Text Size: KOTA KINABALU: The Yayasan Sabah Group has extended its 30 percent Madani Loan Rebate Programme until 30 September 2025, following strong public response. The initiative, launched on 1 April, allows borrowers who fully settle their education loans to enjoy the rebate on their outstanding balance. As of 20 June, 96 borrowers have benefited, with RM232,817 in rebates issued and RM651,680 collected in lump-sum repayments. 'This programme eases borrowers' financial burden while supporting the sustainability of our education fund,' said Director Dato' Sri Haji Gulamhaidar Khan Bahadar, urging eligible borrowers to act. To encourage participation, Yayasan Sabah is also offering lucky draw prizes, including a luxury stay at the Borneo Rainforest Lodge. In addition, enhancements to the Education Loan Repayment Portal will roll out in August, allowing users to manage deferments, rescheduling, salary deductions, and more. Visit or call 011-33181088 for details. * 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
Scoop
05-06-2025
- Automotive
- Scoop
May New Vehicle Registrations Holds Ground In May
New vehicle registrations in May 2025 totalled 10,251, a modest 65 units higher than May 2024 (10,186), signaling stabilisation in monthly demand. However, year-to-date figures continue to reflect a softer market, with 51,621 new vehicles registered to the end of May - a 3 percent decline compared with 53,352 over the same period in 2024. Registration numbers for new vehicles are compiled each month by the Motor Industry Association representing the country's new vehicle manufacturers and suppliers. Association chief executive Aimee Wiley says while the year-on-year result for May shows encouraging signs, the overall market is yet to regain momentum. 'We probably still have a period of subdued activity to come, but these May numbers do offer some cause for optimism and hopes for better times ahead.' For cars and SUVs, new registrations at 6,817 showed a small improvement on the 6,369 registered in May 2024; while light commercial (3,016 units) and heavy commercial (418 units) represented a decrease on May 2024 figures of 3,154 units and 663 units respectively. Toyota's RAV4 was the top passenger model for the month with 666 sales, followed by the Mitsubishi ASX with 457 units sold and the Ford Everest in third place with 277 sales. The RAV4 is also the leading model on a year-to-date basis with 3,806 registrations for a 10.5 percent share of the market. The Ford Ranger held onto top spot in the light commercial category with 1,051 sales and a 34.8 percent market share, followed by the Toyota Hilux with 910 sales and a 30.2 percent share of the market. Year-to-date registrations show a much closer contest with the Ford Ranger on 3,510 registrations and the Toyota Hilux right behind with 3,438 registrations. Registrations of battery electric light passenger vehicles (BEV) remained relatively steady over the month, with 447 registrations slightly higher than the 442 such vehicles registered in April. Hybrid electric vehicles (HEV) with 2,883 registrations and plug-in hybrid electric vehicles (PHEV) at 351 sales were slightly ahead of those registered in April; (2598 and 177 respectively). Industry Registrations In May 2025 10,251 new vehicles were registered, representing a 0.6% increase (65 units) over May 2024 and a 23.2% decrease (3,103 units) compared to May 2023.
The Star
16-05-2025
- Entertainment
- The Star
Sailing from Oregon to Hawaii after quitting his job turns a man with a cat into social media star
HONOLULU: Midway while sailing across the Pacific with just his cat named Phoenix, Oliver Widger reflected on why he thinks his many followers – more than a million on TikTok and Instagram – are drawn to his story of quitting his 9-to-5 job and embarking on a journey from Oregon to Hawaii. "The world kind of sucks and, like, I don't think I'm alone in how I felt with my work,' Widger, 29, told The Associated Press on Wednesday via Zoom. "You can be making US$150,000 (RM642,260) a year and you still feel like you're just making ends meet, you know what I mean? And I think people are just tired of that and working really hard for nothing and want a way out." People are inspired by someone who found a way out, said Widger, who is among a growing number of people who have undertaken such voyages in recent years. Being diagnosed four years ago with a syndrome that carried a risk of paralysis made him realise he hated his job as a manager at a tire company, a job requiring him to be clean-shaven and wear pressed shirts. He heard about people who sailed from California to Hawaii and decided that was the life for him. He abruptly quit his job with "no money, no plan' and US$10,000 (RM42,817) of debt. "I knew one thing: I'm buying a sailboat,' he recalled. "I'm sailing around the world.' He liquidated his retirement savings, taught himself to sail mostly via YouTube and moved from Portland to the Oregon coast, where he spent months refitting the US$50,000 (RM214,086) boat he bought. Now, Widger is harnessing the power of social media to fund his round-the-world sailing dream. Since he set sail in April, followers have been tuning into his "Sailing with Phoenix' social media posts to view videos of him and his feline first mate battling the waves and bouts of seasickness, enjoying dazzling sunsets, recounting tricky boat repairs or just reflecting on life at sea. As he discussed his journey with the AP, a netted bag carrying bottled water and snacks swung wildly over his head as the boat rocked. He recalled highlights of the voyage so far, including marveling at the speed dolphins cut through the water and finding flying fish on the deck. There have been stretches when there were no birds in sight for days. It can be a struggle to sleep when the boat is creaking while being buffeted by waves or to steady a boiling pot for the MREs he has been subsisting on. There have been harrowing moments like when a rudder failed and the boat tilted sideways in the surf for three hours as he made repairs, and the time he locked himself in the engine compartment and pried his way out with a wrench. Widger acknowledged he is relatively inexperienced as a sailor, but he has implemented safety measures and communication backup plans, including a satellite phone and an emergency beacon. Lt. Cmdr. Jesse Harms of the US Coast Guard in Hawaii hasn't been following the journey closely, but said he is relieved to hear Widger has the Emergency Position Indicating Radio Beacon, known as an EPIRB. It's a critical tool for rescuers to locate a mariner's position during an emergency, especially in the Pacific, the largest ocean, Harms said. Widger's journey provides a good opportunity to educate the public about sailing safety, such as the importance of wearing a personal flotation device whenever topside on the boat, monitoring the weather closely and registering emergency tools like the EPIRB, Harms said. "That's a really critical piece for anybody that's getting motivated by his story to go set off on their own adventure,' Harms said. Until his arrival, likely in Honolulu, Widger is making sure everything is in place to avoid Phoenix having to undergo Hawaii's animal quarantine. A mobile vet will sign off on Phoenix's health when they arrive, he said. Widger wasn't aware of the deadly danger of cat faeces to the endangered Hawaiian monk seal, but he has been keeping all his trash, including kitty litter, on board. Even though he said he is legally allowed to throw it overboard, seeing so much plastic in the ocean motivates him not to. In addition to managing the practicalities of daily life on a boat, he is coping with going viral in the middle of the ocean by creating social media content and making decisions about merch his fans want to buy. He credits it all to his neck issue, which "shook up my world and it changed my perspective on everything.' He also hopes he can be an inspiration for anyone who's in a rut. "Everything I've done I thought was impossible,' Widger said. "Sailing around the world is such a ridiculous dream. Whatever your dream is, just go, just do it.' – AP
