Latest news with #Agong
Focus Malaysia
16 hours ago
- Business
- Focus Malaysia
Foreign funds extends their Bursa retreat to a 3rd week with smaller net outflow of RM390m
FOREIGN investors extended their net selling streak on Bursa Malaysia to three weeks during the Agong's birthday-shortened trading week (June 3-6) with a net outflow of -RM387.4 mil which was smaller than the previous week's outflow of -RM1.02 bil. They were net sellers on every trading day with outflows ranging from -RM5.4 mil to -RM162.83 mil, according to MIDF Research. 'The largest outflow was recorded on Wednesday (June 4) at -RM162.8 mil followed by Tuesday (June 3) with -RM121.2 mil,' observed the research house in its weekly fund flow report. The top three sectors that recorded the highest net foreign inflows were telco & media (RM16.4 mil), technology (RM16.2 mil) and property (RM8.0 mil). On the contrary, the top three sectors that recorded the highest net foreign outflows were financial services (-RM193.1 mil), healthcare (-RM130.9 mil) and plantation (-RM40.4 mil). However, local institutions continued their buying activities by extending their buying streak to a third week with net inflows amounting to RM444.6 mil. Local retailers, meanwhile, reversed their two-week buying streak with an outflow of -RM57.3 mil. The average daily trading volume (ADTV) saw a broad-based decline last week. Local institutions and local retailers saw a decrease of -8.1% and -15.8% respectively while foreign investors posted a plunge of -29.1%. In comparison with another four Southeast Asian markets tracked by MIDF Research, only the Philippines recorded an inflow of US$9.8 mil to reverse its three consecutive weeks of foreign outflows. Elsewhere, Indonesia posted a net outflow of -US$288.4 mil to snap its three-week inflow streak while Vietnam posted a fourth straight week of foreign withdrawals with -US$80.4 mil in outflows. Thailand posted the smallest net outflow at -US$72.7 mil to extend its foreign selling streak to three weeks. The top three stocks with the highest net money inflow from foreign investors last week were Sunway Construction Group Bhd (RM76.4 mil), CIMB Group Holdings Bhd (RM55.8 mil) and My E.G. Services Bhd (RM55.4 mil), – June 9, 2025
Malaysiakini
7 days ago
- Politics
- Malaysiakini
Will politicians listen to Agong's good advice?
YOURSAY | 'PKR, known for infighting, also spreading 'virus' (of division).' Agong warns against too many parties, factions Mario T: This is good advice from our Agong, but will the politicians put service to the rakyat above money or power? I am afraid not. The avaricious craving for money by whatever means will continue to plague the nation like an incurable disease. Once you have let loose a bull, it is going to be almost impossible to catch it and place it under reins. Corruption in every stratum of society has reached a point of no return. What is presently being investigated by the MACC or police and prosecuted is just a small visible tip of an iceberg. Traveloka Winning: This is a timely reminder for PKR because PKR is always the source of infighting. Not only is it known for infighting, but it also spreads the 'virus' (of division) to virtually everyone. This 'virus' has resulted in our winning PAS splitting, leading to the formation of Amanah, then Umno splitting further into Bersatu, and Bersatu splitting into Muda and Pejuang. Worse still, PKR continues to generate infighting among the various factions in the party. I am not even talking about factions within the party that everyone knows about. I'm talking about how Prime Minister Anwar Ibrahim, who is also PKR president, poached Senator Tengku Zafrul Abdul Aziz to join PKR. This is humiliating for Deputy Prime Minister and Umno president Ahmad Zahid Hamidi, creating tension in the (dis)unity government. To rehabilitate the political landscape, PKR and specifically Anwar's dynasty (his wife, former deputy prime minister Dr Wan Azizah Wan Ismail and daughter Nurul Izzah) must be forever barred from participating in elections. Only then can our country hope to have unity. Mazhilamani: The most divided community appears to be just one. The way it keeps creating new parties, it is only a matter of time before each state will have its own party or parties broken down to Jati Malays, Javanese, Acehnese, Sundanese, Banjarese, Minangkabau, Bugis, among others. Eventually, the majority Malay group will attempt to lead the country with the minority brought under their mercy. Malayans of different races started as equals, but after 68 years, see how divided we have become and with some communities treated as minorities. It is now the responsibility of the Registrar of Societies to ensure that the registration and approval of race-based parties are immediately rejected, including applications from the Chinese and Indian communities. Please take the advice of the Agong, his concern may become a reality. IndigoTrout2522: In a democracy, people are free to vote for any candidates or political parties. If politicians or parties lose the trust and confidence of the voters and therefore their votes, they won't survive politically. Evidence has shown that once powerful or popular politicians, as well as political parties, have become irrelevant when voters lose confidence in them, regardless of whether they are old or new parties. The voters will decide, come the 16th general election. WhitePony9855: Daulat Tuanku, thank you for the timely reminder, but knowing our politicians, they won't listen. The 3Rs (race, religion and royalty) are the main divisive subjects played up by most politicians. Some of them seemed to be insulated against our laws. They play up the 3R, yet the authorities won't act against them. The above is a selection of comments posted by Malaysiakini subscribers. Only paying subscribers can post comments. In the past year, Malaysiakinians have posted over 100,000 comments. Join the Malaysiakini community and help set the news agenda. Subscribe now. These comments are compiled to reflect the views of Malaysiakini subscribers on matters of public interest. Malaysiakini does not intend to represent these views as fact.
Malaysiakini
20-05-2025
- Politics
- Malaysiakini
Without trust, we have nothing
YOURSAY | 'Nurul Izzah has nothing to champion as her father has not been keeping his promises.' Rafizi slams leak of confidential letter, questions breach of party etiquette Rafizi's letter leak not from PKR sec-gen's office, says Fuziah ScarletPanda9731: It is very sad and regrettable that confidentiality is treated very lightly. It is just a matter of trust. If a person cannot be trusted, then no agreement, no contract, and no negotiation can be done. As the great Indian leader, Mahatma Gandhi, once said: 'A vow is a vow; it cannot be broken.' The great lady (former deputy prime minister and former PKR president) Dr Wan Azizah Wan Ismail said: 'A promise is a promise.' She promised former Dr Mahathir Mohamad that if Pakatan Harapan were to win the general election, he would be the prime minister again. After the 2018 general election, Wan Azizah had an audience with the Agong at the Istana Negara. She was asked to form the government, but she said, 'No, we have promised Dr Mahathir.' Mahathir became the seventh PM, his second time in the post. That was the beauty of a promise made by Wan Azizah. I salute her for honouring her promise. The principle of trust was involved. Stand firm on your statement. Similarly, the MA63 (Malaysia Agreement 1963) for Sabah and Sarawak gave assurance to the two states and gave them confidence to join Malaysia. In any agreement, trust is a must. It is confidential, and nothing is revealed to other parties. Trust is the strongest currency in the world. No trust, no deal. All things fall flat when trust flies out of the window. So, stand tall. Walk tall. Talk straight. 'Have that iron in you or give up leadership,' remarked Singapore's Lee Kuan Yew. 'Be correct, not politically correct.' GanMu: It is expected, someone must be the culprit. Go all out, Rafizi Ramli, and let the rakyat know what the father-daughter combo is up to. She (Nurul Izzah Anwar) thinks she can ride on her dad's popularity. When it comes to substance, she has nothing to offer besides the usual jargon of uplifting society, equal opportunities for all, and new strategies for the general election. It is a fact that she was popular in garnering support for her father, who was jailed and used reformasi as her weapon. She would not have succeeded without the input of Rafizi (incumbent PKR deputy president) and others. Now she has nothing to champion because her father has not been keeping his promises. When her father became the 10th prime minister (after the 2022 GE), she went into doldrums. Now she is stepping into the limelight for glory and plans to oust Rafizi. A cruel way of moving up. To top it all, she has no guts to face Rafizi and take up his challenge. A coward wanting power. Her so-called cause to protest Azam Baki's re-appointment as MACC chief is so silly. She should have done this a long time before his appointment was renewed. Had she done that, to give her the benefit, he may not have been reappointed. She may feel flattered that she has the support of almost all delegates, but I feel sad for Rafizi to be treated like this. I am indeed proud and happy that he still has his fighting spirit in him to take on any defeats, betrayal, or loss. God will always stand by such fearless leaders, who will bend to no one but their conscience. I, for one, will always support Rafizi after this loss, be it forming a third force or whatever he chooses to do. He has the intelligence, the clout, youth, and the energy to succeed in his endeavours. More importantly, he is a crowd puller with his downright honesty and integrity. I wish him good luck and plenty of success. Coward: All party elections will expose friction and cause party division. This is expected as part of the democratic process. What is important is how the factions fight during campaigning, and how they heal the wounds afterwards. With most parties, it is winner takes all, and the loser is consigned to oblivion. It is partly this threat that drives Nurul Izzah to contest now. You can claim it is Anwar's decision for her to contest, but don't forget, it requires her signature on the candidate form, and she signed it. So obviously, she felt some real threat. BlueCougar1744: It is no longer relevant who wins and who loses. After the onslaught and the end, the whole PKR loses, and the responsibility now rests on Anwar, who has been silent or unable to quell the resentment. PKR, as a whole, has lost its direction. From refomasi to refomati. From a secular party to embracing all Islamic narratives and Islamisation. From a party meant for all Malaysians, it is a party that only looks at the interests of a certain section of society. Anwar appears to be behaving like he were the prime minister for the Palestinians. Ego, lack of humility, and his zeal and quest for Islamisation and Muslim Brotherhood have 'given' him a place and role in the Middle East, but as a toy to meet their objectives. What is Malaysia to PKR now, since the prime minister is from the party, and no one there dares to do the right thing? The world at large is meant for all. Not Muslims, Christians, Hindus, Buddhists, and the like, but for all faiths. Our creator created man as equals. There is no such thing as favouritism, which is a 'sin' in nature. To the atheist, it may not concern them, but when their rights are been trampled upon, we have resentment. Those in Harapan will not want to rock the boat, but the tides are turning and turning fast against them. They have two years to correct this, but even before the wheel starts to turn forward, it is turning backwards. What a joke. The above is a selection of comments posted by Malaysiakini subscribers. Only paying subscribers can post comments. In the past year, Malaysiakinians have posted over 100,000 comments. Join the Malaysiakini community and help set the news agenda. Subscribe now. These comments are compiled to reflect the views of Malaysiakini subscribers on matters of public interest. Malaysiakini does not intend to represent these views as fact.
Malaysiakini
19-05-2025
- Politics
- Malaysiakini
Without trust, we have nothing
YOURSAY | 'Nurul Izzah has nothing to champion as her father has not been keeping his promises.' Rafizi slams leak of confidential letter, questions breach of party etiquette Rafizi's letter leak not from PKR sec-gen's office, says Fuziah ScarletPanda9731: It is very sad and regrettable that confidentiality is treated very lightly. It is just a matter of trust. If a person cannot be trusted, then no agreement, no contract, and no negotiation can be done. As the great Indian leader, Mahatma Gandhi, once said: 'A vow is a vow; it cannot be broken.' The great lady (former deputy prime minister and former PKR president) Dr Wan Azizah Wan Ismail said: 'A promise is a promise.' She promised former Dr Mahathir Mohamad that if Pakatan Harapan were to win the general election, he would be the prime minister again. After the 2018 general election, Wan Azizah had an audience with the Agong at the Istana Negara. She was asked to form the government, but she said, 'No, we have promised Dr Mahathir.' Mahathir became the seventh PM, his second time in the post. That was the beauty of a promise made by Wan Azizah. I salute her for honouring her promise. The principle of trust was involved. Stand firm on your statement. Similarly, the MA63 for Sabah and Sarawak gave assurance to the two states and gave them confidence to join Malaysia. In any agreement, trust is a must. It is confidential, and nothing is revealed to other parties. Trust is the strongest currency in the world. No trust, no deal. All things fall flat when trust flies out of the window. So, stand tall. Walk tall. Talk straight. 'Have that iron in you or give up leadership,' remarked Singapore's Lee Kuan Yew. 'Be correct, not politically correct.' GanMu: It is expected, someone must be the culprit. Go all out, Rafizi Ramli, and let the rakyat know what the father-daughter combo is up to. She (Nurul Izzah Anwar) thinks she can ride on her dad's popularity. When it comes to substance, she has nothing to offer besides the usual jargon of uplifting society, equal opportunities for all, and new strategies for the general election. It is a fact that she was popular in garnering support for her father, who was jailed and used reformasi as her weapon. She would not have succeeded without the input of Rafizi (incumbent PKR deputy president) and others. Now she has nothing to champion because her father has not been keeping his promises. When her father became the 10th prime minister (after the 2022 GE), she went into doldrums. Now she is stepping into the limelight for glory and plans to oust Rafizi. A cruel way of moving up. To top it all, she has no guts to face Rafizi and take up his challenge. A coward wanting power. Her so-called cause to protest Azam Baki's re-appointment as MACC chief is so silly. She should have done this a long time before his appointment was renewed. Had she done that, to give her the benefit, he may not have been reappointed. She may feel flattered that she has the support of almost all delegates, but I feel sad for Rafizi to be treated like this. I am indeed proud and happy that he still has his fighting spirit in him to take on any defeats, betrayal, or loss. God will always stand by such fearless leaders, who will bend to no one but their conscience. I, for one, will always support Rafizi after this loss, be it forming a third force or whatever he chooses to do. He has the intelligence, the clout, youth, and the energy to succeed in his endeavours. More importantly, he is a crowd puller with his downright honesty and integrity. I wish him good luck and plenty of success. Coward: All party elections will expose friction and cause party division. This is expected as part of the democracy process. What is important is how the factions fight during campaigning, and how they heal the wounds afterwards. With most parties, it is winner takes all, and the loser is consigned to oblivion. It is partly this threat that drives Nurul Izzah to contest now. You can claim it is Anwar's decision for her to contest, but don't forget, it requires her signature on the candidate form, and she signed it. So obviously, she felt some real threat. BlueCougar1744: It is no longer relevant who wins and who loses. At the onslaught and the end, the whole PKR loses, and the responsibility now rests on Anwar, who has been silent or unable to quell the resentment. PKR, as a whole, has lost its direction. From refomasi to refomati. From a secular party embracing all Islamic narratives and Islamisation. From a party meant for all Malaysians, it is a party that only looks at the interests of a certain section of society. Anwar appears to be behaving like he were the prime minister for the Palestinians. Ego, lack of humility and his zeal and quest for Islamisation and Muslim Brotherhood have 'given' him a place and role in the Middle East, but as a toy to meet their objectives. What is Malaysia to PKR now, since the prime minister is from the party, and no one there dares to do the right thing? The world at large is meant for all. Not Muslims, Christians, Hindus, Buddhists, and the like, but for all faiths. Our creator created man as equals. There is no such thing as favouritism, which is a 'sin' in nature. To the atheist, it may not concern them, but when their rights are been trampled upon, we have resentment. Those in Pakatan Harapan will not want to rock the boat, but the tides are turning and turning fast against them. They have two years to correct this, but even before the wheel starts to turn forward, it is turning backwards. What a joke. The above is a selection of comments posted by Malaysiakini subscribers. Only paying subscribers can post comments. In the past year, Malaysiakinians have posted over 100,000 comments. Join the Malaysiakini community and help set the news agenda. Subscribe now. These comments are compiled to reflect the views of Malaysiakini subscribers on matters of public interest. Malaysiakini does not intend to represent these views as fact.
Malaysiakini
16-05-2025
- Politics
- Malaysiakini
Akmal to Anwar: 'We are not obsessed with Najib, just want fair treatment'
Umno Youth chief Dr Akmal Saleh today hits back at Prime Minister Anwar Ibrahim for criticising those he deemed having "an obsession" with the 1MDB scandal and former premier Najib Abdul Razak. "This is not an obsession with Najib, dear prime minister, but we are defending his right to serve (the remainder of his jail sentence) under house arrest, as what the former Agong had granted him. "We have never...
