South Korea to aid firms facing higher US tariffs amid trade deal

South Korea to aid firms facing higher US tariffs amid trade deal

SEOUL : South Korea will prepare measures to help companies cope with higher U.S. tariffs and expand into new markets, the Finance Ministry said on Tuesday, as it kicked off a task force to prepare the new administration’s economic policy plans. On the domestic front, the government will come up with measures to boost short-term demand, as well as financial support for mid- to long-term technology development to enhance market competitiveness, it said in a statement. South Korea reached a trade deal with the U.S. last week, just days before President Donald Trump’s threatened 25% tariff rate was due to come in on its exports to the United States. The trade deal set tariffs on exports from the Asian country at 15%, still higher than a baseline 10% rate and the near zero tariffs for exports under a Korea-U.S. free trade agreement. Still, topics left unresolved by the deal provide scope for more disputes as the two countries prepare for a summit between Trump and new South Korean President Lee Jae Myung in the coming weeks. Trump may use the summit to try to squeeze more concessions on areas such as defence costs and corporate investments, left out of the deal, while non-tariff barriers and currency could prove thorny issues, experts said. South Korea’s Finance Ministry, however, sought to give a positive spin on the agreement. The deal reduced uncertainty over the trade environment, while a $350 billion investment package included in the deal will provide new business opportunities for companies, deepen economic cooperation between the two countries, and contribute to a more stable supply chain, the ministry said. The administration of President Lee also plans to prepare policy measures to foster new industries, such as artificial intelligence, semiconductors and “K-contents” and include them in economic growth strategies and budget plans due to be announced later this month. K-contents refers to a range of cultural and entertainment goods produced by the country ranging from K-pop to Korean dramas that have boomed globally. The ministry vowed to bring regulatory improvements to vitalise business activity, as it kicked off a meeting with the country’s major business groups. Asia’s fourth-largest economy grew in the second quarter at the fastest pace in more than a year on rebounding consumer spending and a surge in technology exports, but still faces headwinds from slowing global trade amid the sweeping tariffs. The International Monetary Fund last week raised its outlook for most advanced and emerging economies this year based on developments around U.S. tariff negotiations, but South Korea was among the exceptions, with its 2025 growth forecast revised down to 0.8% from 1.0%. - Reuters

Bayaran i-Sejahtera Fasa 2 bermula esok

Bayaran i-Sejahtera Fasa 2 bermula esok

GEORGE TOWN – Kerajaan Negeri Pulau Pinang meneruskan komitmennya terhadap kebajikan rakyat menerusi pembayaran fasa kedua Program i-Sejahtera tahun ini yang akan mula dikreditkan secara Electronic Funds Transfer (EFT), bermula esok. Menurut Exco Pembangunan Sosial, Kebajikan dan Hal Ehwal Bukan Islam, Lim Siew Khim, seramai 9,405 penerima akan menerima manfaat berjumlah RM1,721,300 menerusi fasa kedua ... Read more The post Bayaran i-Sejahtera Fasa 2 bermula esok appeared first on Kosmo Digital .

USIM Healthcare Raikan Satu Dekad Perkhidmatan di AEON Mall Nilai

USIM Healthcare Raikan Satu Dekad Perkhidmatan di AEON Mall Nilai

Nilai — Sempena ulang tahun ke-10 Klinik Pakar, USIM Healthcare Sdn Bhd (UHSB) telah menganjurkan program Open Day meriah bertempat di AEON Mall Nilai pada hari Sabtu, 2 Ogos 2025. Program yang berlangsung dari jam 10 pagi hingga 5 petang itu bertujuan memperkenalkan pelbagai perkhidmatan kepakaran kesihatan kepada orang ramai. Program ini menghimpunkan lebih 10 ... Read more The post USIM Healthcare Raikan Satu Dekad Perkhidmatan di AEON Mall Nilai appeared first on Utusan Malaysia .

Hong Kong issues black rainstorm warning as floods disrupt city

Hong Kong issues black rainstorm warning as floods disrupt city

HONG KONG : Blackened skies unleashed torrential rains on Hong Kong and the high-tech cities surrounding south China’s Pearl River Delta on Tuesday, shutting hospitals, schools and law courts, and turning the Asian financial centre’s many staircases into waterfalls. Around 10,000 lightning flashes lit up Hong Kong’s skies between 6 a.m. (2200 GMT) and 6:59 a.m., according to the city’s weather authorities, as up to 90mm (3.5 inches) of rain per hour continued to drench the city and neighbouring Guangdong province. Videos showed torrents of water cascading down steep hillsides in the former British colony, breaking into white-water streams as they rushed down staircases linking Hong Kong’s multi-tiered cityscape. The deluge prompted the weather bureau to extend its highest “black” rainstorm warning until 3 p.m. The water had risen to ankle-height outside Hong Kong’s largest hospital, as medical authorities announced they would be closing clinics across the city due to the downpour. Extreme rainfall and catastrophic flooding, which meteorologists link to climate change, pose mounting challenges for officials in mainland China, sweeping people to their deaths, displacing thousands, and threatening billions of dollars in economic losses. The storms follow deadly flash floods in Southern China over the weekend, which left five dead in Guangdong province and prompted a large-scale search operation involving over 1,300 rescuers. As of Tuesday morning, four rivers in the province had risen to such a height that were at risk of bursting their banks, China’s state broadcaster CCTV reported. Hong Kong, Guangdong Province, and Macau - which issued a Red rain warning - form the backbone of Chinese President Xi Jinping’s flagship Greater Bay Area initiative, aimed at fusing Hong Kong’s financial firepower with Guangdong’s manufacturing and technological strength. Airports across the region reported cancellation rates of around 20% on Tuesday, according to data from Flightmaster, while speed limits on the Hong Kong-Zhuhai Macau Bridge - a flagship GBA infrastructure project - were lowered due to poor visibility. Hong Kong’s airport has maintained normal operations throughout but said some flights had been delayed and passengers were advised to head to the airport only after their flight time was confirmed. The Hong Kong Stock Exchange remains open, having changed its policy to continue trading whatever the weather late last year, but the judiciary announced that courts, tribunals and register offices would remain shut until at least two hours after the ‘black’ rainstorm alert was cancelled. “Persistent rainstorm will cause serious road flooding and traffic congestion. Members of the public are advised to take shelter in a safe place,“ the Hong Kong Observatory said in a bulletin on its website. Hong Kong typically receives an annual average of 2,200mm of rainfall, more than half of which usually falls from June through August. But it is not all doom and gloom. Hong Kong Disneyland announced it remains open, and its daily “Friendtastic! Parade” is still scheduled to take place later today, according to the park’s website. - Reuters

PARLIMEN: ‘Bagaimana dengan enam ADUN Sabah lain?’

PARLIMEN: ‘Bagaimana dengan enam ADUN Sabah lain?’

KUALA LUMPUR: Datuk Seri Dr Ronald Kiandee (PN-Beluran) mempersoalkan tindakan lanjut yang diambil terhadap enam Ahli Dewan Undangan Negeri (ADUN) Sabah kerana dikaitkan dengan rasuah, namun masih belum didakwa di mahkamah. Beliau berkata, meskipun dua ADUN telah dihadapkan ke mahkamah, enam lain yang turut disebut dalam kes sama masih tidak dikenakan tindakan walaupun maklumat dan ... Read more The post PARLIMEN: ‘Bagaimana dengan enam ADUN Sabah lain?’ appeared first on Utusan Malaysia .

Dua beradik lari polis dengan sebotol ketum direman 3 hari

Dua beradik lari polis dengan sebotol ketum direman 3 hari

SHAH ALAM – Dua beradik yang ditahan bersama sebotol ketum selepas hampir sejam dikejar polis, kini direman selama tiga hari. Ketua Polis Daerah Shah Alam. Asisten Komisioner Mohd. Iqbal Ibrahim berkata, perintah reman bermula hari ini dikeluarkan Majistret Mohamed Redza Azhar Rezali terhadap kedua-dua suspek lelaki berusia 18 dan 24 tahun. “Kes disiasat dibawah Seksyen ... Read more The post Dua beradik lari polis dengan sebotol ketum direman 3 hari appeared first on Kosmo Digital .

Tinggalkan budaya silo, amalkan sistem kolaboratif - KSN

Tinggalkan budaya silo, amalkan sistem kolaboratif - KSN

KUALA LUMPUR - Setiap agensi di negara ini disaran meninggalkan corak kerja secara kepompong atau silo dan beralih kepada budaya sistem kolaboratif yang lebih inklusif.Ketua Setiausaha Negara, Tan Sri Shamsul Azri Abu Bakar berkata, pendekatan ‘agensi eksklusif’ perlu diubah kerana kekuatan sebenar pengukuhan sosial terletak pada keupayaan semua pihak bergerak secara bersama."Dalam menghadapi cabaran sosial yang semakin kompleks, kita tidak boleh lagi bekerja dalam kepompong silo. Kita perlu keluar daripada budaya agensi eksklusif dan mengamalkan budaya sistem kolaboratif."... ini menjadi asas kepada pengukuhan sosial secara sinergi, dan kekuatan sebenar bukan terletak pada siapa yang paling berkuasa, tetapi sejauh mana kita mampu bergerak bersama," katanya dalam ucapan perasmian Kongres Social Synergy 2025 di sini pada Selasa.Turut hadir pada majlis itu ialah Ketua Setiausaha Kementerian Sumber Manusia, Datuk Azman Mohd Yusof; Ketua Pengarah Unit Penyelarasan Pelaksanaan (ICU), Jabatan Perdana Menteri, Datuk Seri Sollehuddin Alyubi Zakaria; dan Ketua Pegawai Eksekutif Kumpulan Pertubuhan Keselamatan Sosial (PERKESO), Datuk Seri Dr Mohammed Azman Aziz Mohammed.Selain itu, Shamsul Azri berkata, tadbir urus kerajaan perlu dilengkapi dengan budaya yang kukuh supaya tidak menjadi rutin kosong tanpa nilai kemanusiaan."Dalam tadbir urus kerajaan, tanpa budaya yang luhur, proses akan menjadi kosong, sekadar rutin tanpa roh dan jiwa. Manakala budaya tanpa sistem pula menyebabkan usaha kita mudah menyimpang dan tersasar."Maka, budaya dan proses perlu berjalan seiring. Kita perlu menyatukan jiwa kemanusiaan dengan kecekapan sistematik dan itulah ruang sebenar pentadbiran yang lebih baik," katanya.Shamsul Azri juga memaklumkan perangkaan eKasih ICU JPM setakat 31 Disember tahun lepas merekodkan lebih 390,000 ketua isi rumah dikategorikan sebagai miskin, termasuk hampir 1,800 ketua isi rumah miskin tegar.Beliau yakin pendekatan kerjasama antara 117 agensi, dengan penyertaan 862 pemimpin masyarakat dari seluruh negara, dapat memastikan lebih ramai individu yang memerlukan disantuni dan dibantu.Terdahulu, Mohammed Azman dalam ucapannya menyeru warga PERKESO supaya lebih proaktif di lapangan, mencari waris dan pencarum yang layak menerima faedah, supaya agensi itu sentiasa hadir untuk ‘menongkat yang rebah’.Beliau berkata, Program Social Synergy yang mula dibangunkan pada 2017, hasil cetusan idea PERKESO, bertujuan membasmi kemiskinan dan meningkatkan pendapatan sara hidup rakyat, serta memastikan golongan B40 yang layak tidak tercicir daripada senarai bantuan."Kita ingin pastikan orang pertama yang mengetuk pintu keluarga yang sedang berduka bukanlah pengutip hutang, tetapi PERKESO yang membawa keadilan sosial di kala detik malang," katanya.Kongres Social Synergy 2025, yang memasuki edisi ketiga, dihadiri lebih 400 peserta dengan tema ‘Budaya atau Proses’ bagi mengupas kepentingan menggabungkan budaya kemanusiaan dengan sistem penyampaian yang cekap. - Bernama

Govt agencies urged to end silo work, embrace synergy

Govt agencies urged to end silo work, embrace synergy

KUALA LUMPUR : All government agencies in Malaysia have been urged to move away from working in isolation or silo and adopt a more inclusive, collaborative system to strengthen the country’s social development efforts. Chief Secretary to the Government (KSN) Tan Sri Shamsul Azri Abu Bakar said the outdated ‘exclusive agency’ approach must be abandoned, as real strength lies in the ability of all parties to work together in synergy. “In the face of increasingly complex social challenges, we can no longer operate in silos. We must shift from a culture of exclusive agencies to one of collaborative systems. “This is the foundation for social strengthening, and the true strength does not lie in who holds the most power, but in how far we can move forward together,” he said in his opening speech at the Social Synergy Congress 2025 here today. Also present were the Ministry of Human Resources secretary-general Datuk Azman Mohd Yusof, Director-General of the Implementation Coordination Unit (ICU) of the Prime Minister's Department (JPM) Datuk Seri Sollehuddin Alyubi Zakaria and the Social Security Organisation (PERKESO) Group Chief Executive Officer Datuk Seri Dr Mohammed Azman Aziz Mohammed. Shamsul Azri emphasised that effective government governance must be built on a strong ethical and cultural foundation, cautioning against administrative processes that become hollow routines devoid of human values. “Without noble values in governance, processes are merely empty routines, lacking soul and spirit. At the same time, a culture without a system risks leading our efforts astray. “Therefore, culture and process must go hand in hand. We must combine the spirit of humanity with systematic efficiency...this is the true space for a better, more meaningful administration,” he added. Citing ICU eKasih statistics, Shamsul Azri revealed that as of Dec 31 last year, more than 390,000 heads of households had been categorised as poor, including nearly 1,800 classified as hardcore poor. He expressed confidence that the collaborative approach involving 117 agencies and 862 community leaders nationwide can ensure greater outreach and more effective assistance to those in need. Meanwhile, Mohammed Azman, in his speech, urged PERKESO officers to be more proactive by going to the ground to identify and reach out to eligible contributors and their beneficiaries, ensuring the timely delivery of social protection. He said the Social Synergy Program, developed by PERKESO in 2017, was created to eradicate poverty and improve household income by ensuring that no one eligible for assistance, especially within the B40 group, is left behind. “We want to ensure that when tragedy strikes, the first person to knock on a grieving family’s door is not a debt collector, but PERKESO, bringing social justice and support in times of hardship,” he said. The Social Synergy 2025 Congress, now in its third edition, attracted over 400 participants. This year’s theme, 'Culture or Process', explored the importance of merging human-centred values with an efficient delivery system to build a more compassionate and capable governance framework. - Bernama