Latest news with #RTM


Borneo Post
a day ago
- Business
- Borneo Post
RTM to hold pitching session in Sabah, encourages local content participation
Chester receiving his FDAM membership card from Afdlin Shauki (left) KUALA LUMPUR (July 19): Radio Televisyen Malaysia (RTM) will organise a pitching session for content providers in Sabah, to be held in Kota Kinabalu. This assurance was given by RTM Director-General Datuk Suhaimi Sulaiman in response to a query by Chester Pang, President of the Sabah Film and Visual Association (SAFVA), during the RTM TV Programme Procurement Town Hall Phase 2 for 2025, held at the Seri Angkasa Auditorium, Angkasapuri, Kuala Lumpur. Applications for participation in the TV Procurement Programme (Private) Phase 2/2025 are now open and will close on 13 August 2025. Further information is available via the e-TVCMS platform. Earlier, Chester who is also the director of the film MANTERA, received his membership card from the President of the Malaysian Directors' Association (FDAM), Dato' Hj Afdlin Shauki. Chester said his involvement with FDAM aims to strengthen the filmmaking network in Sabah by facilitating the sharing of knowledge and experience from national-level directors to boost directing skills in the state. Several collaborative programmes involving SAFVA and FDAM are also planned to be implemented in Sabah in the near future. Also present were Jade Morris, SAFVA Secretary-General, and Exco member Gregory Giting.


Daily Express
2 days ago
- Entertainment
- Daily Express
RTM confirms support for Sabah filmmakers
Published on: Friday, July 18, 2025 Published on: Fri, Jul 18, 2025 Text Size: Suhaimi (second left) with (from left) Pang, Jade and Gregory at the town hall. KUALA LUMPUR: Radio Televisyen Malaysia (RTM) has confirmed plans to hold a content pitching session for Sabah-based providers in Kota Kinabalu. Broadcasting director-general Datuk Suhaimi Sulaiman gave the assurance in response to a question by Sabah Film and Visual Association (Safva) president Chester Pang. Advertisement The announcement was made during the RTM TV Programme Procurement Town Hall Phase 2/2025 held at the Seri Angkasa Auditorium, Angkasapuri here on Friday. Applications for the Phase 2/2025 private TV programme procurement are now open and will close on Aug 13 this year via the e-TVCMS platform. Earlier, Chester, who also directed the film Mantera, received his membership card from Malaysian Directors' Association (FDAM) president Datuk Afdlin Shauki. He said his involvement in FDAM aims to strengthen film industry networks in Sabah and improve local directing skills by learning from experienced national-level filmmakers. Several upcoming programmes are being planned in Sabah through collaborations between Safva and FDAM, with Safva secretary-general Jade Morris and exco member Gregory Giting also in attendance. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
&w=3840&q=100)

Business Standard
4 days ago
- Business
- Business Standard
Are we ready to handle market manipulations in electricity derivatives?
With the imminent launch of electricity derivatives in India, regulatory preparedness has become a matter of urgency. The recent Securities and Exchange Board of India (Sebi) order against Jane Street Group (JSG) offers a cautionary tale of strategic exploitation in derivative markets — one that India's electricity sector cannot afford to ignore. The Jane Street case: A wake-up call The JSG case exposed classic intraday manipulation. The group purchased large volumes of BANKNIFTY index and constituent stocks early in the trading day, driving prices upward. Concurrently, it took reverse positions in the options market. Later, they offloaded their holdings, pulling down prices and reaping disproportionate profits in the derivative segment, while absorbing manageable losses in the cash market. This trading pattern, which came to light through a US court case in April 2024, evaded Sebi and exchange surveillance for over 15 months until interim orders were finally issued on July 3, 2025. Notably, the detection did not stem from domestic oversight but through disclosures in litigation abroad. Sebi's timeline illustrates the vulnerability of surveillance systems, even when both cash and derivative markets are governed by the same regulator (Sebi) and the exchange ecosystem is tightly knit (NSE). The strategy deployed by JSG hinged on exploiting illiquidity in the cash segment and leveraging high liquidity in derivatives—particularly BANKNIFTY options around expiry periods. Electricity spot markets: The challenge of dual regulation The electricity market, structured differently, introduces additional layers of complexity. Three power exchanges—Indian Energy Exchange (IEX), Power Exchange India Limited (PXIL), and Hindustan Power Exchange (HPX) — serve primarily the Day Ahead Market (DAM) and Real-Time Market (RTM). IEX dominates both, handling roughly 3.9 per cent and 2.47 per cent of national generation respectively, amounting to just 7 GW and 4.8 GW in traded capacity. These figures do not reflect a truly liquid market. Further complicating matters, derivative contracts will be settled at prices derived from IEX and PXIL — despite PXIL's minimal volumes. In contrast to equities, where Sebi governs both segments, electricity markets have split jurisdiction: the Central Electricity Regulatory Commission (Cerc) oversees spot contracts, while Sebi regulates derivatives. Some of the large power generators individually control substantial capacity. As such, their ability to influence prices in illiquid markets is undeniable, especially since comprehensive trade disclosures aren't mandated under current protocols. Launch of electricity derivatives: Regulatory coordination is key With derivative contracts having debuted on MCX (July 10, 2025) and set to debut on NSE (July 14, 2025), regulatory silos present risks. While volume caps have been prescribed to prevent distortions, these are not fail-proof. Coordination between Sebi and Cerc must be seamless. Miscommunication or lag in action could have ripple effects — raising costs for electricity consumers and undermining market integrity. The JSG episode underscores the need for real-time surveillance, rapid response frameworks, and clear inter-regulatory protocols. If Sebi's mechanisms struggled with manipulations in tightly monitored equity markets, can the electricity sector — divided between two regulators — claim immunity? Time to ringfence and reform India's electricity derivative market is at a formative stage. This moment demands a forward-looking approach. Regulators must not only anticipate the nature of manipulative strategies but act decisively to prevent their execution. Surveillance infrastructure must be upgraded, communication lines clarified, and cross-market behaviour monitored in tandem. Regulatory failures in one segment must not cascade into others. It is imperative for Sebi and Cerc to insulate their constituencies, proactively guard consumer interests, and evolve with the market. While early action may have been missed, the JSG case offers a chance to set the ball rolling before it's too late.


New Straits Times
12-07-2025
- Entertainment
- New Straits Times
Tok Dalang 'Mie Gajah Putih' fights to preserve Kelantan's dying shadow art
TUMPAT: In a quiet corner of Wakaf Bharu, beneath the dim glow of oil lamps and the rhythmic beat of traditional instruments, 54-year-old Mohd Suhaimi Ibrahim breathes life into leather puppets that dance across a white screen. Better known by his stage name 'Mie Gajah Putih', Suhaimi is one of only nine remaining tok dalang or shadow puppet masters in Kelantan. The father of six has been performing wayang kulit since 2010, continuing a centuries-old tradition that now teeters on the edge of extinction. "Back then, we used to perform almost every week. Now, maybe once every two months," he said, with a trace of melancholy in his voice. "The invitations usually come from RTM or village folk who still want wayang kulit at weddings or community events," he said. He said Kelantan, once the cultural heartland of traditional Malay arts, now has only nine active tok dalang — seven Malays and two Chinese. "The youngest is just a Year Three student while the oldest is a seasoned master aged 75. "But with dwindling interest and increasing religious scrutiny, the art form has seen a steep decline. "It started slowing down in the 1990s after Kelantan came under Pas rule," said Suhaimi. He added many believe wayang kulit contradicts Islamic teachings. "So people became hesitant. Some even afraid," he added. Suhaimi said wayang kulit is far more than entertainment. "It's a rich blend of storytelling, music, spiritual symbolism, and social commentary. "Traditional stories like Hikayat Sri Rama still dominate but modern scripts even performances based on government departments or current issues are sometimes included at the organiser's request," he said. He added a typical show features tok dalang and seven musicians, who play instruments such as the serunai, gongand canang. "Altogether, there are 42 songs in wayang kulit, with each puppet character assigned a distinct melody. "Among the most popular pieces are 'Menyembah Raja', 'Pak Yong Muda' and 'Berkaba' (narrative storytelling). "A tok dalang must know them all," he said, smiling. He added tok dalang must wear the 'semutar' (a cloth wrapped around the head) as his signature look. "I usually wear a Pagoda brand shirt, sarong and semutar when performing the show. That's tradition," he added. Despite his dedication, Suhaimi worries for the future. "Younger generations show little interest in learning the craft, opting instead for smartphones and social media. "They think it's hard and it is. You have to follow a structured process. "Learn the characters, songs, techniques, rhythm. It's not something you master in a week," he added. Still, Suhaimi continues to perform, hoping each show might inspire just one curious soul to take up the art. "To be a tok dalang is not just to perform. It's to preserve. "This is the heritage of our ancestors. If we let it go, we lose a part of who we are," he added.


The Star
11-07-2025
- Business
- The Star
China, Australia among seven nations in bilateral talks with Anwar
PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim on Friday (July 11) held a series of bilateral meetings with senior leaders and representatives from seven countries and international entities, on the sidelines of the 58th Asean Foreign Ministers' Meeting (AMM) and related meetings currently taking place here. The meetings, held at the Prime Minister's Office, involved China, Australia, Pakistan, Turkiye, Palestine, the United Kingdom (UK) and the European Union. In his meeting with Chinese Foreign Minister Wang Yi, Anwar said both sides discussed various aspects of Malaysia-China ties, which continues to be strengthened following President Xi Jinping's state visit to Malaysia in April, during which 31 memoranda of understanding and agreements were signed. "China has remained Malaysia's largest trading partner for 16 consecutive years, with total trade reaching US$106bil in 2024. We also explored efforts to narrow the trade gap and expand cooperation in the port, liquefied natural gas (LNG), water, digital economy, and green technology sectors,' he said in a statement issued to Bernama and RTM. Anwar also expressed appreciation for China's support of Asean's Five-Point Consensus regarding the situation in Myanmar and reiterated the importance of a peaceful resolution to the South China Sea issue, in line with international law, including the United Nations Convention on the Law of the Sea (Unclos). During his meeting with Australian Foreign Minister Penny Wong, Anwar said Malaysia and Australia continued discussions towards strengthening bilateral relations, which have been established since 1957. "I welcome the interest of Australian investors in the smart manufacturing, digital economy, artificial intelligence and renewable energy sectors. "Australia has also been invited to participate in the Malaysia International Halal Showcase (Mihas) this September, in line with the halal economy's vast potential as a driver of future cooperation,' he said. Anwar also said that education remains one of the key pillars of Malaysia-Australia relations, and both countries are expected to sign a new memorandum of understanding (MoU) at the Annual Leaders' Meeting in October. The MoU will cover areas including Science, Technology, Engineering and Mathematics (STEM), Technical and Vocational Education and Training (TVET), curriculum development and student exchange programmes. "I also appreciate Australia's support in enhancing local vaccine capability through training and research funding amounting to AU$500,000,' said Anwar. The Prime Minister also said he looks forward to the official visit of Australian Prime Minister Anthony Albanese to Malaysia in October, which is expected to open a new chapter in bilateral relations based on trust, shared values and aspirations for a more peaceful and prosperous Indo-Pacific. - Bernama