<div class=newsTextDataWrapInner><p>PUTRAJAYA (Aug 5): The Ministry of Finance (MOF) on Wednesday denied a viral claim that all Malaysians aged 18 and above will receive a one-off RM100 Sumbangan Asas Rahmah (Sara) payment in conjunction with National Day.</p></div>

<div class=newsTextDataWrapInner><p>In a social media post, the MOF said the poster making the claim was false.</p></div>

<div class=newsTextDataWrapInner><p>The ministry advised the public not to believe or share the poster.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"The Ministry of Finance wishes to emphasise that no official announcement has been made regarding the Sara payment as claimed in the poster.</p></div>

<div class=newsTextDataWrapInner><p>"The public is advised to always obtain verified information through the Ministry of Finance's official channels before sharing it, to avoid the spread of false information that could mislead the public," the post said.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Felyx Teoh</em></p></div>


The Ministry of Finance (MOF) on Wednesday denied a viral claim that all Malaysians aged 18 and above will receive a one-off RM100 Sumbangan Asas Rahmah (Sara) payment in conjunction with National Day.

MOF denies Sara payment of RM100 for National Day

MUMBAI (Oct 12): The Indian central bank's latest measures to support the plunging rupee will raise the cost of buying protection against further weakness and slow a hedging surge that had become an additional drag on the currency, six bankers said.

Indian central bank curbs to temper corporate rush to hedge against rupee weakness

Several start-ups are betting that they can leverage artificial intelligence (AI) to make better forecasts than even the most specialised experts when it comes to topics as varied as stock market movements, the reopening of the Strait of Hormuz, or how a Shakira song will perform on music charts.

Start-ups are betting on AI to predict the future

The tabling of Budget 2027 by Prime Minister Datuk Seri Anwar Ibrahim last Friday will be followed by policy-level debates in parliament starting on Monday. Invariably, tax experts will also go through the proposals with a fine-tooth comb and analyse its impact on the country and businesses and consumers alike.

The Week Ahead: Attention on Budget 2027 debate and reaction, advance 3Q GDP

The market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing, according to DBS Group Holdings Ltd chief executive officer Tan Su Shan.

DBS CEO Tan says market repricing risks on AI financing

Elon Musk said he thinks his companies would probably “figure out how to make chips better than anyone” given their expertise in creating customised equipment.

Musk says goal is to speed up chip-design iteration process

(Oct 11): A US judge on Sunday blocked the Trump administration from using taxpayer money to pay for political advertisements, after publicly funded television ads glorifying US President Donald Trump began airing in late September and sparked a bipartisan backlash.

US judge orders halt to taxpayer-funded ads featuring Trump

With an agreement to curb exports of hybrid vehicles to the European Union, China is betting it can sidestep harsher restrictions from the 27-member bloc with a gesture that has little immediate prospect of reshaping the overall trade relationship.

China moves to stave off wider EU trade war with hybrid deal

KUALA LUMPUR (Oct 12): Genting Bhd (KL:GENTING) fell to its lowest in nearly two decades after the gaming conglomerate announced a RM1.25 billion cash call to pare down borrowings.

Genting falls 17% to 2007 lows after over RM1 bil cash call 

British Prime Minister Andy Burnham said he would publish details of his dealings with Manchester City, after opposition politicians criticised his response to a ruling that found the club guilty of serious breaches of the Premier League's financial rules.

UK PM Burnham to release details of dealings with Manchester City

Pakistan's president declared a state of emergency and suspended a provincial government led by the party of jailed former prime minister Imran Khan on Sunday, which the federal government said had failed to tackle Islamist militancy in the province bordering Afghanistan.

Pakistan imposes emergency rule over Imran Khan's provincial government

<p>KUALA LUMPUR (Oct 12): Genting Bhd (KL:GENTING) fell to its lowest in nearly two decades after the gaming conglomerate announced a RM1.25 billion cash call to pare down borrowings.</p>


<p>KYIV/WASHINGTON (Oct 11): US President Donald Trump made a surprise announcement of an energy ceasefire between Russia and Ukraine on Sunday that he said was "effective immediately", but Ukrainian leader Volodymyr Zelenskiy said he was still waiting to see details of the deal.</p>


Trump announces Ukraine energy ceasefire with Russia, surprising Zelenskiy

<p>SYDNEY (Oct 12): Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations, while oil was choppy after strikes on shipping and airports in the Gulf.</p>


Shares cautious in Asia as earnings loom, oil slips

<p>Here's a heads up on what to look out for today.</p>


YOUR DAY AHEAD: Oct 12, 2026 

<p>Bond markets are starting to do some of the lifting for central banks around the world by pushing up borrowing costs themselves, potentially reducing the number of benchmark interest-rate hikes needed to get inflation under control.</p>


Bond selloff may mean fewer rate hikes from global central banks

<p>US President Donald Trump’s Libe­ration Day tariffs, first unveiled in April 2025, triggered a barrage of near-uniform criticisms from economists and trade experts.</p>


Tong's Portfolio - Trump’s tariffs: Why the inflation shock never came

<blockquote class="tem-subhead">Here’s a set of seven skills for you to consider cultivating to get and retain a job in the AI era</blockquote>

<p>&nbsp;</p>

<p>Human resources (HR) launches an artificial intelligence (AI) tool to analyse employee engagement. The AI reads 15,000 comments and p...

Econ 4.0: AI is here. Which skills matter more now?

<p>DUBAI/RIYADH (Oct 11): One person was killed and nearly a dozen hurt in a new attack Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Iran-aligned Houthis that killed 13 people and wounded more than 300.</p>


One dead in new attack on Saudi airport, a day after Houthi strike kills 13

<p>Alphaswift Industries Sdn Bhd is the only drone maker among the Malaysian companies given access to British chip architect Arm Holdings plc’s chip design technology, and it plans to design its own chip as it builds towards passenger flight.</p>

<p>The local drone industry has come a long way, ...

Cover Story: Betting on chip design for long climb to passenger flight 

<p>The market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing, according to DBS Group Holdings Ltd chief executive officer Tan Su Shan.</p>


<p>Bond traders are looking to the latest consumer-price inflation figures and a planned appearance by Federal Reserve Chairman Kevin Warsh for insight into how quickly the central bank will continue raising interest rates.&nbsp;</p>


US bond traders await CPI, Warsh for insight on Fed’s rate path

<p>SINGAPORE (Oct 12): Oil prices slipped on Monday on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US diesel-supply deal with Moscow.</p>


Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies

<p>Mall developers need to incorporate telecommunications infrastructure at the planning stage as growing demand for digital payments, artificial intelligence (AI) applications and 5G services puts greater pressure on indoor connectivity, says EdgePoint Towers Sdn Bhd.</p>

<p>Planning fibre pathw...

Infrastructure: Mall developers urged to plan early for 5G-ready connectivity

<p>Conversations around social entrepreneurship often focus on funding, but a bigger challenge for founders is moving from building businesses that look for customers to creating products and services that customers are actively looking for, says Ahmad Azuar Zainuddin, CEO of Satu Creative Services ...

Beyond Grants: Helping social enterprises build a stronger business case

<h2>NEWS</h2>

<h3><span style="color:#e74c3c;">Malaysia’s daily multimodal&nbsp;AI use to reach 43% by 2030</span></h3>

<p>Malaysia’s daily use of multimodal artificial intelligence (AI) is projected to reach 43% by 2030, exceeding the global estimate of 30%, according to new research by Erics...

Bits + Bytes: A Miscellany Of Technology

<p>IIMMPACT Sdn Bhd began in 2018 as a consumer app that allowed users to pay different bills through a single platform, but the business changed direction after struggling to retain customers as larger e-wallet operators expanded.</p>

<p>CEO and co-founder Alex Tan says fewer than 20% of users w...

Platform-as-a-service: IIMMPACT builds bill payment business after consumer app pivot

<p>Not every photo needs to end up on a social media feed. Some are simply reminders of an ordinary day, whether it is a meal between classes, a funny moment with friends or a quick snapshot taken on the way home.</p>

<p>In response to the curated, polished feeds encouraged by mainstream social m...

Listicle: Apps for the moments you don’t post

<p>British Prime Minister Andy Burnham said he would publish details of his dealings with Manchester City, after opposition politicians criticised his response to a ruling that found the club guilty of serious breaches of the Premier League's financial rules.</p>


<p>Republican and Democratic US senators called on President Donald Trump on Sunday to "reverse course" on his diesel supply deal with Russia, saying it runs counter to US law barring imports of energy until Russia ends its aggression against Ukraine.</p>


US Republicans, Democrats want Trump to reverse course on Russia diesel

<p>(Oct 12):&nbsp;Amazon.com Inc&nbsp;is in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around US$7 billion, the <em>Wall Street Journal </em>reported.</p>
