logo
ANGKASA Hands Over RM100,000 In Sponsorship To Koperasi LLM Bhd For ACNR2025

ANGKASA Hands Over RM100,000 In Sponsorship To Koperasi LLM Bhd For ACNR2025

Barnama22-05-2025

PUTRAJAYA, May 22 (Bernama) -- Angkatan Koperasi Kebangsaan Malaysia Bhd (ANGKASA) has handed over RM100,000 in sponsorship to Koperasi LLM Bhd to organise the ASEAN Cultural Night Run @ Penang 2nd Bridge (ACNR2025).
ANGKASA president Datuk Seri Dr Abdul Fattah Abdullah, also the president of the ASEAN Cooperative Organisation (ACO), handed over the sponsorship to Koperasi LLM Berhad chairman Datuk Idrus Mat Tais yesterday.
The ceremony was witnessed by the Minister of Entrepreneur and Cooperative Development, Datuk Ewon Benedick.
ACNR2025 will be held on August 16 on the Penang 2nd Bridge, also known as the Sultan Abdul Halim Mu'adzam Shah Bridge.
ANGKASA, in a statement, said that the programme will bring together more than 3,000 participants, including cooperative members, from all over Malaysia and ASEAN countries.
"The programme is organised in conjunction with the celebration of the International Year of Cooperatives 2025 (IYC2025) as well as to celebrate Malaysia's chairmanship of ASEAN this year," it said.
Through the organisation of ACNR2025, ANGKASA believes that it can strengthen cooperation among cooperatives at the ASEAN level, while positioning Malaysia as a regional hub for a progressive and competitive cooperative movement.
More interestingly, ACNR2025 will be held at night, providing a unique experience for participants to appreciate the beautiful panorama from the iconic and magnificent Second Penang Bridge.
Participants are also encouraged to wear traditional attire as a celebration of the harmony and rich cultural diversity that defines Malaysian society.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Azmab Eline lands 18kg stingray to win Fishing Grand Prix in Belawai
Azmab Eline lands 18kg stingray to win Fishing Grand Prix in Belawai

Borneo Post

time15 minutes ago

  • Borneo Post

Azmab Eline lands 18kg stingray to win Fishing Grand Prix in Belawai

Yusuf (third left) and the winners give a thumbs-up after the prize presentation ceremony. – Ukas photo BELAWAI (June 9): Azmab Eline from Kampung Jerijih emerged as the champion in the second series of the Fishing Grand Prix, organised by Iftitah Beach Resort. Reeling in a stingray weighing 18.056 kilogrammes (kg), Azmab secured the top spot and took home a cash prize of RM10,000. Second and third place went to Bujang Bernard (13.82 kg) and Ahmad Bujang Suaidi (8.58 kg), earning RM3,000 and RM1,000 respectively. According to a report by Sarawak Public Communications Unit, a total of 295 anglers from across Sarawak participated in the competition, held at Belawai Beach yesterday. The event ran from 9am to 4pm, drawing over 500 visitors, including local residents and tourists. Tanjong Manis MP Yusuf Abd Wahab, who officiated the closing ceremony, described the event as a positive step towards promoting tourism and boosting the local economy. He said the initiative not only provided a platform for anglers to showcase their skills but also created opportunities for local entrepreneurs, allowing them to market food products, fresh seafood, and handicrafts to visitors. Yusuf pledged his continued support for such programmes, aiming for future expansion and improvements. Meanwhile, Iftitah Beach Resort owner Ibnie Ekni announced that the third series of the Fishing Grand Prix is set to take place this September, promising more attractive prizes and an enhanced experience. The Fishing Grand Prix continues to be recognised as a successful effort in establishing Belawai as a destination for community-based and nature tourism. Belawai Beach Fishing Grand Prix lead Yusuf Abd Wahab

Ringgit opens lower vs greenback amid challenging global economy
Ringgit opens lower vs greenback amid challenging global economy

The Star

time17 minutes ago

  • The Star

Ringgit opens lower vs greenback amid challenging global economy

KUALA LUMPUR: The ringgit opened lower against the US dollar on Monday as the greenback strengthened amid renewed volatility from a challenging global economy outlook for the second half of 2025. At 8.03 am, the local note stood at 4.2375/2560 against the greenback, easing from Friday's close of 4.2270/2360. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to range between 4.23 and 4.24 today, following the stronger-than-expected United States (US) nonfarm payroll (NFP) data for May. He highlighted that the US NFP rose 139,000 in May, higher than the consensus estimate of 126,000, while the unemployment rate was sustained at 4.2 per cent for three consecutive months, pushing the US dollar index (DXY) higher on Friday to 99.190 points. "The latest NFP print seems to suggest that the labour market in the US is still fairly resilient despite having to contend with higher tariffs,' he told Bernama. Nonetheless, Mohd Afzanizam said, April's NFP was revised lower to 147,000 from 177,000, and the US labour force participation rate declined to 62.4 per cent in May from 62.6 per cent in April. "On that note, while the labour market is still chugging along, signs of further moderation in the data series have been gradually emerging. "As business and consumer sentiments remain weak, the outlook for the second half of 2025 economy looks increasingly challenging. Hence, the case for a lower US Federal Fund Rate is gaining momentum in our view,' he added. He noted that the ringgit has gained against the greenback, with USDMYR closing at 4.2315, giving a week-on-week appreciation of 0.6 per cent last week. At the early session, the ringgit traded mostly lower against a basket of major currencies. It slightly increased against the Japanese yen to 2.9305/9435 from Friday's 2.9324/9390, but depreciated versus the British pound to 5.7367/7618 from 5.7212/7334 and eased vis-a-vis the euro to 4.8341/8552 from 4.8268/8371. The local currency also traded mostly lower against most of its ASEAN peers. It rose versus the Thai baht to 12.9468/13.0121 from 12.9599/9947 at Friday's close, while the ringgit decreased against the Singapore dollar to 3.2892/3041 from 3.2862/2934, dropped against the Philippine peso to 7.60/7.64 from 7.58/7.60 and fell against the Indonesian rupiah to 260.1/261.4 from 259.5/260.2. - Bernama

Ringgit opens lower vs greenback amid challenging global economy
Ringgit opens lower vs greenback amid challenging global economy

The Sun

timean hour ago

  • The Sun

Ringgit opens lower vs greenback amid challenging global economy

KUALA LUMPUR: The ringgit opened lower against the US dollar on Monday as the greenback strengthened amid renewed volatility from a challenging global economy outlook for the second half of 2025. At 8.03 am, the local note stood at 4.2375/2560 against the greenback, easing from Friday's close of 4.2270/2360. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to range between 4.23 and 4.24 today, following the stronger-than-expected United States (US) nonfarm payroll (NFP) data for May. He highlighted that the US NFP rose 139,000 in May, higher than the consensus estimate of 126,000, while the unemployment rate was sustained at 4.2 per cent for three consecutive months, pushing the US dollar index (DXY) higher on Friday to 99.190 points. 'The latest NFP print seems to suggest that the labour market in the US is still fairly resilient despite having to contend with higher tariffs,' he told Bernama. Nonetheless, Mohd Afzanizam said, April's NFP was revised lower to 147,000 from 177,000, and the US labour force participation rate declined to 62.4 per cent in May from 62.6 per cent in April. 'On that note, while the labour market is still chugging along, signs of further moderation in the data series have been gradually emerging. 'As business and consumer sentiments remain weak, the outlook for the second half of 2025 economy looks increasingly challenging. Hence, the case for a lower US Federal Fund Rate is gaining momentum in our view,' he added. He noted that the ringgit has gained against the greenback, with USDMYR closing at 4.2315, giving a week-on-week appreciation of 0.6 per cent last week. At the early session, the ringgit traded mostly lower against a basket of major currencies. It slightly increased against the Japanese yen to 2.9305/9435 from Friday's 2.9324/9390, but depreciated versus the British pound to 5.7367/7618 from 5.7212/7334 and eased vis-a-vis the euro to 4.8341/8552 from 4.8268/8371. The local currency also traded mostly lower against most of its ASEAN peers. It rose versus the Thai baht to 12.9468/13.0121 from 12.9599/9947 at Friday's close, while the ringgit decreased against the Singapore dollar to 3.2892/3041 from 3.2862/2934, dropped against the Philippine peso to 7.60/7.64 from 7.58/7.60 and fell against the Indonesian rupiah to 260.1/261.4 from 259.5/260.2.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store