Confidence in the Malaysian market increasing

China Press reported that the Pakistani father of a 12-year-old boy who drove a car with two other children has been charged with negligence for allowing his son to drive, resulting in potential physical harm. He has pleaded not guilty.

According to feedback from China Galaxy Securities Co., Ltd., both domestic and international investors’ confidence in the Malaysian market is increasing, front-paged Nanyang Daily.

Therefore, the recent sharp drop in Malaysian stocks is seen as an opportunity for buying at lower prices.

On Tuesday night, a British MP announced that social media platforms like X, TikTok, and Facebook must adhere to the same legal standards as newspapers and TV stations, preventing them from continuing to make huge profits, reported Sin Chew Daily.

Kwong Wah Daily headlined that Water levels at Muda Dam, Kedah, Bukit Merah Dam, Perak, and Teluk Bahang Dam in Penang have fallen to dangerous levels. The level at the Teluk Bahang Dam has dropped from 28.2% to 27.6% as of today (7th).

Communications Minister Fahmi Fadzil announced that public sector employees in the executive group are expected to receive up to a 42.7% salary increase, while senior officials like secretaries and directors will receive a moderate raise.

Editorial

Nanyang Daily believes that, although the combination of blockchain and artificial intelligence is still in the exploratory stage, it holds immense potential.

The daily said In the future, Malaysia can anticipate these technologies playing a larger role in the digital ecosystem, delivering more intelligent, secure, and efficient solutions.

Sin Chew Daily said that the Olympics embody the ideals of understanding, friendship, unity, and fair competition.

While athletes aim for peak performances, they also share moving and humane stories, the daily added.

The Olympic truce calls for warring nations to pause hostilities, however unfortunately, Israeli Prime Minister Benjamin Netanyahu’s covert strike on Hamas leaders during the Olympics undermines humanity’s hopes for peace and warrants condemnation, said the daily.