EU-ABC: Lack Of Commitment To Deliver Promises In AEC Blueprint Hampers ASEAN Economic Integration

KUALA LUMPUR, June 4 (NNN-Bernama) — A lack of commitment or inability to deliver on the promises enshrined in both the 2015 and 2025 ASEAN Economic Community (AEC) Blueprint are among the factors that hamper progress on economic integration of the 10-nation bloc. Citing its annual policy paper on trade…

Malaysian Government Mulls Legal Action Against Anti-Vaxxers – PM Muhyiddin

KUALA LUMPUR, June 4 (NNN-Bernama) — The government is mulling the idea of taking legal action against the anti-vaccine group in the country if they were found to have incited public opinion against the National COVID-19 Immunisation Programme. Prime Minister Muhyiddin Yassin said the government had, in fact, asked the…

COVID: Rise In Number Of Critical, Death Cases Involving Children Aged Below Five – Health DG

KUALA LUMPUR, June 4 (NNN-Bernama) — There has been an increase in the number of COVID-19 critical and death cases among children aged below five years old this year compared to last year, said Health director-general Dr Noor Hisham Abdullah. He said three such fatalities were reported last year while,…

Malaysia’s Export, Import Unit Value Up In April – DOSM

KUALA LUMPUR, June 4 (NNN-Bernama) — Malaysia’s export and import unit value indices continued to record positive growth in April 2021, growing by 1.7 per cent and 0.8 per cent month-on-month (m-o-m), respectively. Department of Statistics Malaysia’s (DoSM) chief statistician Dr Mohd Uzir Mahidin said the growth in the export…

Msian Govt Approves RM1.19 Bln Under Wage Subsidy Programme 2.0 As Of May 21 – Finance Minister

KUALA LUMPUR, June 3 (NNN-Bernama) — The government has approved wage subsidy applications worth RM1.193 billion under the Wage Subsidy Programme 2.0 (PSU 2.0) as of May 21. Finance Minister Tengku Zafrul Abdul Aziz said the wage subsidy had benefitted a total of 73,815 employers to continue operating and maintained…

Malaysia Is Top Choice For Chinese Companies’ Expansion Opportunities In Asean

KUALA LUMPUR, June 3 (NNN-Bernama) — Malaysia tops the list on expansion opportunities for 65 per cent of Chinese companies looking to scale up their sales and production operations in ASEAN. According to a survey conducted for Standard Chartered’s “Borderless Business: China-ASEAN Corridor”, Malaysia’s long-standing and strong economic ties with…

Malaysia’s COVID-19 Vaccination Rate Surpasses Neighbouring Countries – Msian Minister

GEORGE TOWN (Penang, Malaysia) June 3 (NNN-Bernama) — Malaysia’s vaccination rate has surpassed Indonesia, Thailand, the Philippines and Vietnam up till Wednesday, said National COVID-19 Immunisation Programme Coordinating Minister Khairy Jamaluddin. He said this includes individuals who have at least received their first COVID-19 vaccine shot. “Although this is not…

Moody’s Affirms Malaysia’s Credit Rating At A3 Stable, With Stable Outlook

KUALA LUMPUR, June 3 (NNN-Bernama) — Moody’s Investors Service has maintained its credit rating for Malaysia at A3 stable, with a stable outlook, as it does not expect the COVID-19 pandemic to have a sustained negative impact on Malaysia’s economic model. As such, the current and any subsequent waves of…

Msian Govt Receives RM336 Mln 1MDB-Linked Remittance From Deloitte

KUALA LUMPUR, June 3 (NNN-Bernama) — The government has received the remittance of RM336 million (US$80 million) in relation to 1Malaysia Development Bhd (1MDB) matters from Deloitte PLT. In a statement Thursday, the Ministry of Finance (MoF) said the remittance had been deposited into Malaysia’s Assets Recovery Trust Account. “To…

Malaysia’s COVID-Related Death Toll May Reach 26,000 By Sept – Study

KUALA LUMPUR, June 3 (NNN-Bernama) — A study has found that the COVID-19 death toll in the country may reach up to a staggering 26,000 by September based on the current trajectory, said World Health Organisation (WHO) Science Council member Prof Dr Adeeba Kamarulzaman. The estimated number will be at…