Ringgit Closes Lower Against US Dollar

KUALA LUMPUR, Nov 25 – The ringgit erased its gains to close lower today against the US dollar on lack of buying support for the local unit, dealers said. At 5pm today, the ringgit was quoted at 3.3515/3545 against 3.3505/3535 on Monday. He said most emerging Asian currencies rose today,

Criticise Boldly, Tun Mahathir Tells UMNO Delegates

KUALA LUMPUR, Nov 25 – Former Prime Minister Tun Dr Mahathir Mohamad urged UMNO delegates at the party’s annual general meeting (AGM) which begins today to give constructive criticism against their leaders. “Tuanku Abdul Rahman, Tun Razak and Tun Hussein were not only criticized but were even challenged. I was also challenged

China To Ban Tobacco Advertising

SHANGHAI, Nov 25 – China, the world’s biggest tobacco market, is considering a draft regulation that would ban indoor smoking, limit outdoor smoking and end tobacco advertising, the state-run Xinhua news agency has reported. The draft, published by the legislative affairs office of the State Council, or cabinet, and open for

Modest Earthquake Stricken Northern Sumatra

KUALA LUMPUR, Nov 25 – An earthquake measuring 5.1 on the Modest Richter scale struck northern Sumatra, Indonesia 11:30 last night. Malaysian Meteorological positions in the reality said the epicenter was 35km northeast of Simeulue, Indonesia and 509km southwest Lumut, Perak. However, there is no threat of a tsunami was

Restoring Highlands’ Glory

KUALA LUMPUR, Nov 25 – DEPUTY Prime Minister Tan Sri Muhyiddin Yassin yesterday announced a seven-point plan covering tangible measures to save Cameron Highlands from further devastation. This plan, encompassing short-, medium- and long-term measures, will be implemented immediately. FOR starters, the local plan for the highlands will be reviewed to

Selangor Tables RM2.4 Bil Budget For 2015

KUALA LUMPUR, Nov 24 – The Selangor state government tabled a RM2.4 billion state budget for 2015, the biggest amount in its history and an increase of over half a billion ringgit from last year’s expenditure. Menteri Besar Azmin Ali said the state’s total revenue is expected to increase to RM1.97 billion

Pushing Out Hagel Not Shake-Up Obama Needs

UNITED STATES, Nov 24 – Few will long lament the departure of Chuck Hagel as defense secretary. He was a weak choice for the job, seen as a comfortable one for President Barack Obama, a former senator he knew who was unlikely to ruffle feathers or be as challenging to work

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