King attends Miti Hari Raya open house

KUALA LUMPUR: Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah attended the Investment, Trade and Industry Ministry’s (Miti) Hari Raya Aidilfitri open house at Menara MITI here on Tuesday (May 16). Read full story

MOT working on new road tax structure for electric vehicles

THE Transport Ministry (MOT) is working on a new road tax structure for electric vehicles (EVs), its minister Anthony Loke said. He said the new structure was expected to be unveiled at the end of this year and would feature prominently in the ministry’s Budget 2024 proposals.

Argentina ramps interest rate to 97% as inflation soars

ARGENTINA’S central bank hiked its base interest rate yesterday by six points to 97% as the government prepares to announce a spate of measures to tackle soaring inflation ahead of October’s general election. It is the second time in less than a month the bank has ramped up interest rates as year-on-year inflation hit almost […]

Tuaran a Covid red zone after infection spike

TUARAN, a district about 40km from Kota Kinabalu, Sabah, has been classified as a Covid-19 red zone after recording an increase in infection last week.  Deputy Chief Minister II Dr Joachim Gunsalam said the district recorded 26 cases between May 7 and 13, against 18 the week before (April 30 to May 7).

Asian markets wobble as US struggles to reach debt deal

EQUITIES were mixed in Asia today as traders grow increasingly concerned that US lawmakers remain far apart in their bid to raise the country’s borrowing limit to avert a default. While there is a general feeling an agreement will be reached, Republican House Speaker Kevin McCarthy warned yesterday that staff-level meetings were “not productive at […]