Latest news with #111
New Straits Times
8 hours ago
- Business
- New Straits Times
Palm oil muted but poised for sixth weekly gain
KUALA LUMPUR: Malaysian palm oil futures were muted on Friday as traders awaited cargo surveyors' export estimates, but the contract was still set for a sixth consecutive weekly gain as stronger rival edible oils supported the market. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained RM7, or 0.17 per cent, to RM4,111 (US$967.52) a metric tonne in early trade. The contract has gained 5.50 per cent so far this week. Dalian's most-active soyoil contract rose 0.62 per cent, while its palm oil contract added 0.28 per cent. Soyoil prices on the Chicago Board of Trade were up 0.09 per cent. Palm oil tracks price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Cargo surveyors are expected to release Malaysian palm oil export estimates for June 1–20 later in the day. Oil prices were on track to rise for the third straight week despite slipping on Friday, with investors on edge as the week-old war between Israel and Iran showed no signs of either side backing down. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. The ringgit, palm's currency of trade, strengthened 0.21 per cent against the dollar, making the commodity more expensive for buyers holding foreign currencies. Palm oil may test the resistance zone of RM4,157 to RM4,185 per metric tonne, a break above which could lead to a gain to RM4,229, Reuters technical analyst Wang Tao said.
Time of India
11 hours ago
- Politics
- Time of India
FGG flags building convention centres near Hyderabad's Gandipet in violation of GO 111; municipality claims no records, forum urges CM Revanth Reddy to act
The Forum for Good Governance has raised concerns over the construction of convention centers near Gandipet lake in Hyderabad, alleging violations of GO 111 HYDERABAD: In apparently a breach of govt order (GO) 111 prohibiting construction around catchment area of Gandipet lake, many convention centres are being built in the area. The issue has been flagged by the Forum for Good Governance (FGG), which said that the Narsingi Municipality has been giving evasive replies to Right to Information (RTI) application seeking information on permission status for these convention centres. "Records do not exist" was the cryptic response by the municipality on whether Neo Convention, Aarya Convention and K Convention applied for or received permission for construction, the FGG said. In its written reply, the Narsingi Municipality stated: "It is to inform that as per the available records, the said constructions were completed way back in the then gram panchayaths and the building permission details are not handed over to Narsingi Municipality during the merging." FGG flags violations In a letter addressed to chief minister A Revanth Reddy, the FGG raised serious objections to the construction of these facilities within 500 metres of the Gandipet lake in violation of GO 111. The letter signed by FGG president M Padmanabha Reddy pointed out that while some of the convention centres were already operational for over a year, others were still under construction. The forum also included maps and photographs of the sites located in Zanwada village of Shankarpally mandal. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo "The gram panchayat of Zanwada has said that nobody approached them and no permission to any construction of convention centres was given," the letter to the CM read. FGG also questioned the absence of house numbers or property tax records for the buildings. "If they were constructed long back, there should have been proper house numbers and regular property tax should have been collected," the letter stated. CM intervention sought FGG urged the CM to initiate a detailed inquiry into the matter, identify officials who allowed the construction to proceed without due process and demolish all illegal structures near the lake. The forum stressed the need to protect Gandipet lake ecosystem and uphold the norms set out in GO 111.
The Star
04-06-2025
- Business
- The Star
Penang man loses more than RM1.3mil to online scam
GEORGE TOWN: A 46-year-old man here lost RM1,316,111 to an online scam recently. The Penang police Commercial Crime Division said it had received a report from the man who is a manager in a medical company. The victim said after he had seen an advertisement on Instagram, he got in touch with a woman, who is believed to part of an online scam syndicate. State police chief Comm Datuk Hamzah Ahmad said the victim was promised high returns in a short period if he participated in the share scheme. "The victim later downloaded the application 'TPG PRO', and from April 27 to 29 made 20 transactions amounting to RM1,316,111 to four different accounts for the investment. "The victim realised he was cheated when he could not withdraw his profits from his investment," he said. Comm Hamzah said the victim was later told to increase his investment if he wanted to withdraw the profits. He said the case is being investigated under Section 420 of the Penal Code for cheating.
New Straits Times
04-06-2025
- Business
- New Straits Times
Manager loses RM1.3 million in online investment scam
GEORGE TOWN: A manager of a health-based company has fallen victim to an online investment scam, resulting in losses amounting to RM1,316,111. The Seberang Prai Selatan Commercial Crime Investigation Department is investigating the case under Section 420 of the Penal Code for fraud. State police chief Datuk Hamzah Ahmad said the 46-year-old victim saw an advertisement on stock trading on Instagram in April. He said the victim then contacted a woman, suspected to be part of a fraud syndicate, through WhatsApp. "Promised high returns within a short time, the victim downloaded the TPG Pro application and proceeded to invest. "Between April 27 and May 29, the victim transferred RM1.3 million in 21 transactions to four different company accounts associated with the investment scheme. "The victim became suspicious when he could not withdraw any of his profits and was asked to increase his capital contribution to access the promised returns," he said today. Hamzah urged the public to exercise caution and avoid investment offers not recognised by official agencies such as Bank Negara Malaysia, Securities Commission Malaysia and Companies Commission of Malaysia. "This crime poses a serious threat to our country's economic stability.
ITV News
23-05-2025
- Health
- ITV News
Mum of Chesterfield boy, 3, who died of sepsis criticises 'chaotic' hospital care
The mother of a three-year-old boy who died from Sepsis has told the inquest into his death that he was not given antibiotics early enough and doctors failed to recognise the condition. Oscar Neillings died at Chesterfield Royal Hospital on 8 November 2023 after contracting a Strep A infection. At the inquest into his death at Chesterfield Coroner's Court on Wednesday, jurors were told Oscar developed a cold about a week before his death from which he never recovered. As his symptoms worsened, his parents called 111 twice in the days leading up to his death and he was given appointments with two separate out-of-hours GPs. Both doctors said he had a viral infection and did not think he needed to be referred to hospital, the court was told. Oscar continued to deteriorate, suffering from abdominal pain, vomiting, and breathing difficulties. On the morning of 8 November he had a GP appointment in the morning, where an ambulance was called and he was taken to Chesterfield Royal Hospital. He died there at 5.24pm after suffering a cardiac arrest. Giving evidence to the inquest, Oscar's mother Stephanie Neilling paid tribute to her son, saying he was "so full of life, I think that's why its so hard to believe he's gone." She said: "His personality was infectious. He had confidence I could only dream of." Ms Neillings also criticised the care he had been given, both by the second out-of-hours GP and at the hospital. She said she thought something should had been done after the second appointment, telling the court: 'It's madness how he was sent home diagnosed with a viral infection but obviously in pain.' She said at the hospital no-one recognised that Oscar had sepsis and described the care he received as "chaotic" with a lack of communication and leadership. Ms Neillings told the court: "It was so unorganised - I didn't know what was going on." She added: "There was a lack of leadership – no-one took control throughout the day. He didn't get the antibiotics when he needed them, they missed their timescales for that." Doctors who cared for Oscar, both before and during his time in hospital, are due to give evidence to the inquest. It is expected to last until Friday 23 May.
