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MOF: No Economic Stimulus Package

 

No economic stimulus package will be introduced for the time being in response to the Middle East conflict.  

The Finance Ministry says it's because authorities are unsure if the tensions in the region will persist.  

As such, the ministry will focus more on short-term measures.  

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In a related development, the ministry says it's important to use energy more cautiously due to the conflict. 

It explained that while Malaysia currently has sufficient supplies of oil, gas, and coal...developments in the region could still drive-up energy prices.  

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A cybersecurity firm is warning the public of Ramadan-themed scams, in which fraudsters impersonate government aid programmes. 

It explained that the main objective of these scams is not immediate financial theft, but to hijack victim's Telegram accounts.  

The firm adds that such scams are not new, and that cybercriminals often exploit festive seasons when financial aid is distributed. 

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And the hit Netflix animated film KPOP Demon Hunters has made history at the Oscars! 

The movie secured two wins...namely the Best Animated Feature category and Best Original Song for "Golden" ...which became the first KPOP song to ever win an Academy Award. 

Meanwhile, F1: The Movie also took home a trophy for the Best Sound category. 

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