Manufacturers say rising costs, weak ringgit slowing recovery

RISING costs of raw materials and fluctuations in the exchange rate are slowing down the recovery of the manufacturing sector, following the slump caused by the Covid-19 pandemic, the Federation of Malaysian Manufacturers (FMM) said. FMM has just released its business conditions survey, which stated the sector did not fare as expected.

Muda picks Pakatan, rejects Perikatan

YOUTH-BASED party Muda will commit to working with Pakatan Harapan (PH) in the state polls even if its application to join the coalition is rejected, its secretary-general Amir Hariri Abd Hadi said. He said the party would rather have an electoral pact with PH than Perikatan Nasional (PN). 

Stakeholders worry over taxation on vape products

E-CIGARETTES industry players are anxious over the new taxation to be imposed on their products, fearing a high tax amount would kill off the industry. They also want clearer guidelines from the authorities on the sale of vape liquids and devices.

Battle to buy Man Utd heats up

THE battle to buy Manchester United heated up yesterday as Qatari banker Sheikh Jassim Bin Hamad Al Thani and British billionaire Jim Ratcliffe returned with second bids for the English giants. Interested parties had until 9pm yesterday to declare their offer to Raine, the merchant bank brought in to assist the sale of the club.

Police uncover fraud syndicate with arrest of 7

POLICE on Tuesday detained seven men and uncovered a syndicate using a platform to buy and sell goods to dupe victims into downloading an Android Package Kit (APK) before siphoning their money. Kuala Lumpur police chief Azmi Abu Kassim said a team from the Bukit Aman Commercial Crime Investigation Department arrested the suspects, comprising three locals […]

British PM Sunak publishes tax returns

UK Prime Minister Rishi Sunak yesterday published his personal tax returns over three financial years to 2022, after repeated calls for transparency about his finances. The returns showed the privately wealthy former investment banker paid a total of £1.05 million (RM5.74 million) in tax, including £432,493 last year.

Big eateries can promote Menu Rahmah

KUALA LUMPUR: Big restaurants will lead the way in promoting the Menu Rahmah initiative without the need to change the standard RM5 price point, says Datuk Seri Salahuddin Ayub. Read full story

Open toll payment system hailed

PETALING JAYA: An open system of highway toll payments on five roads is a good start but groups say they are hopeful for greater improvement in the country’s toll management system. Read full story

Act fast in suicide cases

THE Mental Health Act will be amended to ensure that attempted suicide victims are given medical treatment within 24 hours after being rescued, says Ramkarpal Singh. Read full story