The decline in the value of the ringgit has minimal impact on the government’s procurement of medicines from overseas as prices had been “locked in” much earlier via hedging strategy, says health minister Dzulkefly Ahmad. The ministry used the hedging strategy against the fluctuation in foreign exchange rates, and avoided purchasing medicines at higher prices….
Hamas wrapped up ceasefire talks in Cairo and is now waiting to see what mediators bring back from weekend talks with Israel, an official from the militant group said on Friday, in what appears to be the most serious push for weeks to halt the fighting. Mediators have ramped up efforts to secure a ceasefire…
Former federal minister and Usukan state assemblyman Datuk Salleh Said Keruak blamed the Perikatan Nasional for undermining Malaysia’s political stability and sabotaging the economy. “If the opposition keeps on talking to the foreign press of their continuous intention to topple or change the current government, it will obviously paint a negative picture about the country…
The United States will impose sanctions on over 500 targets on Friday in action marking the second anniversary of Russia’s invasion of Ukraine, Deputy U.S. Treasury Secretary Wally Adeyemo told Reuters in an interview. The action, taken in partnership with other countries, will target Russia’s military industrial complex and companies in third countries that facilitate…
Companies based at the Tun Razak Exchange (TRX) International Financial Centre would be given special status with a variety of exemptions, announced Prime Minister Datuk Seri Anwar Ibrahim at the launch of this financial hub this morning. “The government has provided a slew of incentives for companies moving their base here. “These encompass an industrial…
Meta Platforms’ Oversight Board announced that it would include its latest social media platform, Threads in its content moderation, Reuters reported. The board said, in addition to the 130 million people using Threads, Meta will also be able to refer cases about content on the social media platform. For the record, Meta which is the…
Israel will send negotiators on Friday to truce talks in Paris, Israeli media said, as Gazans hoped for a ceasefire that could hold off a full-blown Israeli assault on Rafah, after it endured one of its worst bombardments of the conflict. Israel’s Channel 12 television reported on Thursday that the war cabinet approved sending negotiators,…
Yemen’s Iran-aligned Houthis claimed responsibility for an attack on a UK-owned cargo ship and a drone assault on an American destroyer on Thursday, and they targeted Israel’s port and resort city of Eilat with ballistic missiles and drones. The statement by a Houthi representative on social media site X came shortly after the group’s leader…
The DAP would like to bring about meaningful policy changes even though the its support base may be in disarray and it is forced to work with its former nemesis, Umno. “Do we want policies in line with party or be the opposition?,” said Howard Lee Chuan How, a federal lawmaker from the DAP. “Party…
Knesset voted in support of Prime Minister Benjamin Netanyahu’s declaration to oppose unilateral recognition of the Palestinian state with 99 ayes out of 120. Their position is that accords with Palestinians must be reached via direct negotiations and not one that is dictated by the international community. “The Knesset came together in an overwhelming majority…
