Analyst Forecasts FBM KLCI Trading Range An analyst has predicted that the FBM KLCI is likely to trade within the range of 1,575 to 1,600 leading up to the weekend. This forecast comes amidst ongoing market fluctuations and uncertainties in the financial landscape. Market Analysis and Recent Trends The FBM KLCI, Malaysia’s benchmark stock market…
Singapore Reports Increase in Tax Revenue for FY2024 Singapore’s tax revenue for the fiscal year 2024 reached S$88.9 billion, marking a 10.7% growth compared to the previous year. The Inland Revenue Authority of Singapore (IRAS) attributed this increase to several factors including strong corporate earnings, higher consumer spending, and a Goods and Services Tax (GST)…
Malaysian Communications Minister Announces Measures to Enhance Security and Address SIM Card Registration Issues The Malaysian Communications and Multimedia Minister, Fahmi Fadzil, recently revealed plans to bolster security measures and combat the practice of multiple SIM card registrations. The initiative aims to enhance the country’s telecommunications infrastructure and address potential vulnerabilities associated with unregulated SIM…
Bedok HDB Estate Resident Surprised by Repainted Void Deck Pillars A resident living in a Bedok HDB estate was taken aback when they noticed that the pillars in the void deck had been repainted with misaligned colored squares. The unconventional paint job left the resident feeling puzzled and unsure of the reason behind the unusual…
Club Owner Evangelos Marinakis Aims for Success with New Coach Postecoglou Introduction Billionaire club owner Evangelos Marinakis is looking forward to the appointment of Greek-born coach Ange Postecoglou in hopes of replicating success in the Europa League. Evangelos Marinakis Evangelos Marinakis is a prominent figure in the world of sports as the owner of a…
Ministry of Home Affairs Reaffirms Constitutionality of Drug Law Presumptions The Ministry of Home Affairs has restated the government’s unwavering position on the constitutionality of the Misuse of Drugs Act presumptions. This statement comes in the wake of a recent Court of Appeal decision that rejected a legal challenge brought by four individuals on death…
Minister of Finance II Amir Hamzah Azizan: Financial Decisions Can Now Be Challenged and Reviewed Overview Minister of Finance II, Amir Hamzah Azizan, recently announced that financial decisions made by the government can now be challenged and subject to review. This move is aimed at promoting transparency and accountability in the decision-making process within the…
Singapore Completes First Below-Sea-Level Land Reclamation at Pulau Tekong Singapore has successfully completed its first below-sea-level land reclamation project at Pulau Tekong using the empoldering method. The reclaimed area spans 800 hectares and is intended to support military training activities, thereby alleviating land use pressures on the mainland. Empoldering Method Utilized in Land Reclamation The…
Pierre Gasly to Start Italian Grand Prix from Pit Lane AlphaTauri driver Pierre Gasly will be forced to start the Italian Grand Prix from the pit lane after his team removed his car from parc ferme conditions. The decision was made following an issue discovered on Gasly’s car after qualifying. Gasly had initially qualified in…
Court of Appeal Upholds Decision Against Stay Application for Death Row Inmate The Court of Appeal recently made a decision regarding a stay application filed by Pannir Selvam, a death row inmate. The court ruled against his application, stating that the Ministry of Home Affairs’ policy on execution scheduling was lawful. This decision was made…