Date of Hari Raya to be decided on 29th of Ramadan (April 20), says FT Mufti

KUALA LUMPUR: The date of Hari Raya Aidilfitri in Malaysia will be decided based on Hisab (astronomical calculations) and Rukyah or the sighting of the new crescent moon (hilal) as soon as the sun sets on the 29th day of Ramadan, which is on Thursday (April 20), says Federal Territories (FT) Mufti Datuk Dr Luqman […]

UK economy unexpectedly stalls on pay strikes

THE UK economy unexpectedly stalled in February with the country facing more strikes as a cost-of-living crisis eroded the value of wages, official data showed today. The zero-growth performance followed a 0.4% expansion in January, the Office for National Statistics (ONS) said, while the latest reading was worse than analyst expectations.

Possible implications of raising retirement age to 65

LATELY, there has been some discussion in our country about raising the retirement age from 60 to 65, and this proposal has potential implications for the country’s workforce, economy and society. According to the Department of Statistics Malaysia (DOSM), the labour force participation rate for individuals aged 55-64 was 67.5% in 2020, compared to 81.5% […]

Bill to amend Companies Act 2016 to be tabled in parliament in May

THE bill seeking to amend the Companies Act 2016 will be tabled in the Dewan Rakyat next month during the second meeting of the second session of the 15th Parliament, Deputy Domestic Trade and Cost of Living Minister Fuziah Salleh said. The bill drafted by the Companies Commission of Malaysia (SSM) is aimed at improving the existing legal […]