You are currently browsing the daily archive for February 8, 2007.

The ringgit opened with a new nine-year high against the U.S. dollar amid brisk demand for the local currency, said dealers.

At 9.00 am, the ringgit appreciated at 3.4920/4940 as against 3.4930/4940 at yesterday’s closing.

Dealers said Malaysia’s positive economic fundamentals and weaker greenback ahead of the Group of Seven (G7) Finance Ministers’ meeting in Germany this week lifted the ringgit this morning.

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Two lecturers from the University of Malaya’s Department of History will be involved in a tracking development project organised by the Royal Netherlands Institute of South East Asia and Caribbean Studies and the African Studies Centre.

UM Institute of Asia-Europe Deputy Director Dr Hamidin Abdul Hamid and Dr Joseph M. Fernando will be involved in research work to determine variations in the economic growth of the eight South-east Asian countries and Africa, which included Malaysia, Cambodia, Vietnam, Kenya, Tanzania, Nigeria and Uganda.

Higher Education Ministry’s Secretary-General Datuk Dr Adham Baba said the project, which would take five years, involved financing of RM50 million by the Netherlands government.

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Datuk Siti Nurhaliza hopes to dazzle everyone, when she walks down the red carpet during the 49th Annual Grammy Awards on Sunday. Apart from her dress, to be designed by Datuk Bernard Chandran, and glittering jewellery sponsored by Chopard, she has one more ace up her sleeve – she’s keeping her fingers crossed that she’ll be able to get her husband, businessman Datuk Khalid Muhammad Jiwa, to accompany her. 

“I’m still trying to persuade him to walk with me down the red carpet,” said the beauty during a chat with the media at a hotel yesterday. 

For the next couple of days Siti will be busy attending fittings with the famous designer for her dress. 

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The maximum ceiling price for 11 controlled items for Chinese New Year will take effect on Feb 11.

The prices will remain in force for 15 days from that date, Domestic Trade and Consumer Affairs Minister Datuk Shafie Apdal said Wednesday.

For the first time, he said, the maximum prices are fixed for both retail and wholesale transactions to ensure consumers get a fair price and no traders tried to rake it huge profits during the festive period.

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