Hong Kong, Singapore establish bilateral air travel bubble

KUALA LUMPUR, Oct 20 (NNN-BERNAMA) — Hong Kong and Singapore have reached an in-principle agreement to establish a bilateral Air Travel Bubble, reviving cross-border air travel in a safe and progressive way. In conjunction with the announcement and to inspire visitors to explore Hong Kong from all angles, the Hong…

Mismatch in green funding demand, supply decelerates sustainable projects

KUALA LUMPUR, Oct 20 (Bernama) — Malaysia’s pledge to minimise its greenhouse gas emissions by 2030 is facing challenges including a mismatch in demand and supply of fundings for green technology, as well as information asymmetry. Bank Negara Malaysia (BNM) assistant governor Fraziali Ismail said that considerable funding gaps remain in sustainable projects, despite the…

Malaysia ranked third in Asia by Mercer for retirement income scheme

KUALA LUMPUR, Oct 20 (NNN-BERNAMA) — Malaysia’s retirement income system has been ranked third in Asia and 19th overall by the 12th annual Mercer CFA Institute Global Pension Index, a study of 39 retirement income systems across the globe which cover almost two-thirds of the world’s population. However, Malaysia’s overall index value…

China remains Malaysia’s largest foreign investor in manufacturing sector – MITI

KUALA LUMPUR, Oct 20 (NNN-BERNAMA) — China remains Malaysia’s largest foreign investor in the manufacturing sector for four consecutive years since 2016, with 32 foreign direct investments (FDIs) amounting US$452.43million (US$1=RM4.14) approved in the first six months of 2020. Deputy International Trade and Industry Minister Datuk Lim Ban Hong said Malaysia approved 79…

Malaysia’s uphill task in coming up with Budget 2021 amid virus pandemic

By Aishah Mohmad Afandi KUALA LUMPUR, Oct 20 (NNN-BERNAMA) — The aspiration was for the country to become a high-income economy by 2020, but this has turned out to be a year in which Malaysia — along with countries around the world — is battling the greatest economic challenge ever.  Hence…

Malaysia records 800 over COVID-19 cases for third straight day

PUTRAJAYA, Oct 19 (NNN-BERNAMA) — Malaysia recorded more than 800 COVID-19 cases daily for the third straight day when 865 cases were reported Monday, taking the cumulative total number of cases to 21,363, said Health director-general Dr Noor Hisham Abdullah. He said the latest development took the tally for active…

48 China nationals operating online gambling from condo nabbed

KUALA LUMPUR, Oct 19 (NNN-BERNAMA) — Forty-eight China nationals suspected of operating online gambling from three condominium units in Jalan Ampang Hilir, here, were arrested on Oct 16. Wangsa Maju district police chief, Supt Rajab Ahad Ismail said the suspects comprised 43 men and five women, all aged between 21 and 47 years. He said the…

S.Korean President requests Malaysia’s support for WTO Chief bid

SEOUL, Oct 19 (NNN-BERNAMA) — South Korean President Moon Jae-in had a phone call with Malaysian Prime Minister Tan Sri Muhyiddin Yassin on Monday and asked Malaysia to back South Korean Trade Minister Yoo Myung-hee’s bid for the post of the director general of the World Trade Organisation (WTO). Moon…

Two Malaysians escape the gallows in Singapore

By Massita Ahmad SINGAPORE, Oct 19 (NNN-BERNAMA) — Two Malaysian men escaped the noose in Singapore this week with one having had his conviction set aside by the Court of Appeal, which then found him guilty of a reduced charge of attempting to import drugs into the republic. The cases involving the two…

Malaysia Airports installs latest thermal scanners to keep airport guests safe

KUALA LUMPUR, Oct 19 (NNN-BERNAMA) — Malaysia Airports Holdings Bhd (MAHB) is installing the latest thermal scanners and additional sneeze guards at 19 more airports nationwide as it continues efforts to keep airport guests safe from COVID-19. The airport operator said a total of 23 new thermal scanners and 600 units of sneeze guards would…