Infineon to build semiconductor power plant in Kulim

China Press reported that 375 petrol station operators in Kedah have received instructions not to sell diesel and RON 95 petrol to the same local or foreign-registered vehicle more than once on the same day. The directive is effective immediately.

Sin Chew Daily headlined that six major government-linked investment companies (GLICs), under the Finance Ministry’s GEAR-uP program, have committed to investing RM120 billion in domestic direct investments over the next five years.

German semiconductor giant Infineon has announced an additional investment of €5 billion euros (approximately RM24.5 billion) to build the world’s largest and most efficient 200-millimetre silicon carbide (SiC) semiconductor power plant in Kulim, reported Nanyang Daily.

Deputy Education Minister Wong Kah Woh stated that the last batch of 231 outstanding students who scored 10As or more in the SPM exams but had not yet been admitted to matriculation programs had received notifications from the Ministry of Education last night, confirming their acceptance into matriculation programs, front-paged Kwong Wah Daily.

Deputy Inspector-General of Police Datuk Seri Ayob Khan Mydin Pitchay believes that anti-corruption efforts should begin with leadership to set an example, thereby deterring subordinates and staff from engaging in similar misconduct.

Editorial

Nanyang Daily said that some experienced investors believe that the strengthening of the ringgit is linked to economic recovery.

With the U.S. now halting rate increases and possibly even considering cuts, the appreciation of the ringgit is to be expected, the daily said.

The challenge is sustaining this currency rebound, as it is not easily achieved, the daily said.

Sin Chew Daily said the UK Conservative Party has left a mess that needs to be cleaned up.

Geopolitical conflicts and energy crises have exacerbated the UK’s economic downturn and rising living costs, the daily said.

The current turmoil is causing significant problems for the Labour Party, the daily said.

While the intense anger may eventually subside, unresolved structural issues within British society could lead to a resurgence of unrest, the daily added.