Man kills wife, remanded for 7 days

China Press and Guang Ming Daily headlined that the man who killed his wife in front of his daughter was remanded for 7 days.

The 56-year-old suspect was brought to court at around 11:10 AM yesterday to apply for an extension of his detention.

The suspect was remanded from yesterday until June 19.

Nanyang Daily, led by Bank Negara Malaysia, along with the central banks of Indonesia, the Philippines, Singapore, and Thailand, reached a consensus to jointly establish the Nexus project, a multilateral platform aimed at connecting the domestic payment systems of ASEAN countries.

The government strengthened enforcement efforts to ensure that domestic goods prices did not unreasonably increase following the cancellation of diesel subsidies, as highlighted in Sin Chew Daily’s headline.

Finance Ministry Treasury Secretary-General Datuk Johan Mahmood Merican stated at the 2024 National Bank Economic Seminar yesterday that reinforcing enforcement was crucial.

This way, merchants could not arbitrarily raise prices, as it had nothing to do with the targeted diesel subsidy policy, Johan said.

Kwong Wah Daily headlined that social media influencer Sarah Leo, accused of stealing her ex-boyfriend’s phone, pleaded not guilty during her arraignment at the George Town Magistrate’s Court yesterday.

The magistrate granted her bail at RM3,000, and the case was scheduled for a hearing on July 24.

Editorial

Sin Chew Daily highlighted that on Wednesday, the Employees Provident Fund (EPF) announced that due to strong global market performance bringing substantial returns, it could distribute an income of up to RM19.2 billion in the first quarter of this year.

The daily added that since the EPF’s investment returns had brought good news, members should have hoped for dividend rates in the future to increase and keep their savings in their accounts to accumulate more funds.

This way, when they retired, they wouldn’t face financial difficulties and could enjoy a better quality of retirement life, the daily said.

Nanyang Daily highlighted that with the launch of the third account by the Employees Provident Fund (EPF) in May, the fund’s size was expected to face some impact.

The daily predicted that in the next two quarters unless there was a sudden surge in member contributions, the EPF income might slightly decrease amid rising expenditures.