Selangor still finalising smart parking deal, says exco
Speaking to reporters at a press conference in Shah Alam earlier today, he said a final agreement is expected to be signed by Aug 1.
Ng, who holds the local government and tourism portfolio, said Menteri Besar Incorporated (MBI) Selangor is...
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
33 minutes ago
- The Star
Moscow court fines Zoom for failing to abide by Russian internet rules
The Zoom Video Communications logo is pictured at the NASDAQ MarketSite in New York, New York, U.S., April 18, 2019. REUTERS/Carlo Allegri/File Photo
Barnama
35 minutes ago
- Barnama
IMF Upgrades Global Growth Forecast In Latest Outlook
BUSINESS KUALA LUMPUR, July 29 (Bernama) -- Global economic growth is projected to reach 3.0 per cent in 2025 and 3.1 per cent in 2026, above the reference forecast in the April 2025 World Economic Outlook (WEO), according to the International Monetary Fund's (IMF) July 2025 WEO update, released today. Titled 'Global Economy: Tenuous Resilience amid Persistent Uncertainty', the IMF report stated that the 2025 forecast is 0.2 percentage points higher, and the 2026 projection is 0.1 percentage point higher than the April 2025 WEO reference forecast. 'This reflects stronger-than-expected front-loading in anticipation of higher tariffs; lower-than-announced average effective United States tariff rates; improved financial conditions driven in part by a weaker US dollar; and fiscal expansion in several major economies,' the report said. The IMF also projected that global headline inflation will decline to 4.2 per cent in 2025 and 3.6 per cent in 2026, following a trajectory broadly in line with the April forecast. 'The overall picture masks significant cross-country differences, with inflation expected to remain above target in the US and more subdued in other major economies. Risks to the outlook remain tilted to the downside, as noted in the April 2025 WEO,' the report added, warning that a rebound in effective tariff rates could dampen growth. According to the IMF, elevated uncertainty could start weighing more heavily on activity, as deadlines for additional tariffs expire without progress on substantial, permanent agreements. 'Geopolitical tensions could disrupt global supply chains and push commodity prices up. 'Meanwhile, larger fiscal deficits or increased risk aversion could raise long-term interest rates and tighten global financial conditions,' it said. Combined with fragmentation concerns, the IMF said this could reignite volatility in financial markets.
The Star
an hour ago
- The Star
India extends free etourist visa for Malaysians till Dec 31 next year
KUALA LUMPUR: (Bernama) Malaysians will continue to enjoy a 30-day double-entry e-Tourist visa at no cost, as New Delhi has extended the facility until Dec 31, 2026, the Indian High Commission in Kuala Lumpur announced. The 30-day e-Tourist visa can be applied online at the official e-visa link at All other categories of e-visas, including e-Business, e-Conference, e-Medical, e-Ayush, e-Emergency X Miscellaneous, will require payment of visa fees as prescribed, a statement from the Indian High Commission said. Existing rules regarding e-Tourist visas and other e-visas mentioned at will continue to apply. "Those who wish to obtain regular paper visas from the Indian Consular Application Centres in six cities across Malaysia outsourced to M/s IVS Global Services (website: or from the High Commission of India in Kuala Lumpur, will continue to pay the prescribed visa fees,' the statement read. In June last year, India announced that Malaysians would be granted a 30-day double-entry e-Tourist visa on a gratis (no fee) basis for one year, from July 1, 2024 to June 30, 2025. - Bernama
