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September 4, 2018 1:54 AM Bursa Malaysia lower at opening

KUALA LUMPUR: Bursa Malaysia began the morning trading on a weaker note, with external uncertainties like worries over a further escalation of the trade war and currency volatility, possibly weighing on sentiment in the near-term. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.01 points lower at 1,811.57 from yesterday's close of 1,813.58. Gainers 32

August 30, 2018 6:19 AM Bursa Malaysia rebounds in early trade

KUALA LUMPUR: Bursa Malaysia opened higher today, with the key index rebounding from yesterday's downtrend as investors took the cue from the upbeat overnight close of Wall Street amid improving oil prices. At 9.04am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.26 points higher at 1,821.9 from Wednesday's close of 1,820.64. Market breadth 24

August 29, 2018 8:36 AM Ambitious Penang 2030 plan launched

GEORGE TOWN: The state government has unveiled an administrative policy called "Penang 2030" which aims to improve the overall quality of life for Penangites. Penang Chief Minister Chow Kon Yeow said that the state will introduce a form of the Happiness Index to gauge the level of contentment among the people here. Speaking during the launch of the plan at the E&O hotel 10

August 25, 2018 8:53 AM API in Peninsular Malaysia at moderate level

KUALA LUMPUR: The Air Pollution Index (API) in all states in the Peninsular, as well as several areas in Sabah and Sarawak, remained at a satisfactory level today. According to the latest readings on the Malaysian Air Pollution Index (APIMS), as of 3 pm today, all these areas recorded moderate levels of between 53 and 81. Several areas in Melaka recorded 10

August 24, 2018 6:24 AM Malaysia's inflation increases 0.9% in July

PETALING JAYA: Malaysia's Consumer Price Index (CPI) continued to expand at a slower rate of 0.9% in July after the 0.8% growth rate recorded in June. According to the Department of Statistics, the sectors which saw a price increase were transport (+6.7%); housing, water, electricity, gas & other fuels (+2%); education (+1%); restaurants & hotels (+1%); and food & non-alcoholic 12

August 18, 2018 4:02 AM Miri ILP records very unhealthy API this morning

KUALA LUMPUR: Only one area at the Industrial Training Institute in Miri, Sarawak, recorded a very unhealthy Air Pollutant Index (API) reading of 203 as at 10am today. According to the Department of Environment website, other areas in the country recorded moderate API reading except Kangar, Perlis; Langkawi and Alor Star, Kedah; and Tawau, Sabah, which 11

August 16, 2018 4:41 AM Haze in Penang at unhealthy level

GEORGE TOWN: The haze in Penang has reached an unhealthy level as its Air Pollutant Index (API) on mainland has exceeded 100 as of noon today. According to the API index in Department of Environment (DOE) site, Seberang Jaya has recorded 123 while Bukit Tengah recorded 108 readings. On the island, it is close to the unhealthy level with a reading of 98, which 10

August 15, 2018 8:39 AM Penang haze expected to last til September

GEORGE TOWN: The current haze situation in Penang is expected to last until September due to the hot weather. State Environment Commitee chairman Phee Boon Poh said the earthquakes in Lombok, Indonesia were a contributing factor. "Penangites will have to contend with the haze for another month," he told theSun. Phee also said the hot spell is expected 15

August 14, 2018 5:28 AM Malaysia's GDP to contract by 1.3% if tariff slapping escalates

KUALA LUMPUR: Malaysia's gross domestic product (GDP) could contract by 1.3% in two years, should the trade war between the US and China intensify. CIMB Group chief economist Dr Donald Hanna said the contraction on Malaysia's economic growth is possible in the event of continuous escalation of tariff imposition and a confidence shock in the financial 12

August 13, 2018 9:48 AM Bursa Malaysia ends lower on selling pressure

KUALA LUMPUR: Bursa Malaysia ended lower today on selling pressure across-the-board as market sentiment remained volatile due to external factors, dealers said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was lower at 1,783.40, down 22.41 points, from Friday's close of 1,805.75. The index opened 2.10 points lower at 1,803.65 and moved between 28