Malaysia hopes new US admin will address Israel-Palestine conflict

KUALA LUMPUR, Nov 9 (NNN-BERNAMA) — Malaysia is hoping that the new United States (US) administration can bring changes to the Israel-Palestine issue, said Deputy Foreign Minister Datuk Kamarudin Jaffar. “We are monitoring the political development and changes in US administration especially on Palestine and other matters. “We are hoping that there will…

Two helicopters crash in KL, two dead

KUALA LUMPUR, Nov 8 (NNN-BERNAMA) — Two men were killed in an accident involving two helicopters which were believed to have collided in mid-air before one of rotorcraft crashed in Taman Melawati, Ampang, here at about noon today. Selangor Fire and Rescue Department director Norazam Khamis said the dead victims were identified as Mohamed…

Kamala Harris: First US woman Vice President-elect

ANKARA, Nov 8 (NNN-ANADOLU) — With Joe Biden the projected winner of the 2020 White House race, his running mate, Kamala Harris, is set to mark several firsts in Americas’ political history despite being the first woman vice president-elect. Harris, 56, also makes history as the first Black person and the…

Joe Biden elected US new President

WASHINGTON, Nov 8 (NNN-AGENCIES) – Joe Biden has been elected as the United States new President, CNN and other US media reported on Sunday. Earlier projections of victory was made when Biden crossed the 270 votes count but several media held back but now he has gained past 290 votes,…

Biden takes lead in Pennsylvania, closer to Presidency

WASHINGTON,Nov 6 (NNN-AGENCIES) — Democratic candidate Joe Biden is taking lead in Pennsylvania with 49.4 percent of votes against President Donald Trump’s 49.3 percent in the state. Counting is still ongoing in the state. According to CNN, Biden is already leading in four states where counting is ongoing and that…

Updated: Budget 2021 aims at people’s welfare, nation’s economy, pandemic challenges

BUDGET 2021 HIGHLIGHTS KUALA LUMPUR, Nov 6 (NNN-BERNAMA) — The following are the economic highlights of the Budget 2021 tabled in Parliament today by Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. The budget, themed “In Our Strength Lies Our Collective Victory”, is anchored on three thrusts, namely the people’s wellbeing, business…

All MPs witness tabling of Budget 2021 in Dewan Rakyat

KUALA LUMPUR, Nov 6 (NNN-BERNAMA) — All MPs were allowed entry to the Dewan Rakyat (Parliament Sitting) today to witness the tabling of Budget 2021 by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. The decision to allow all the MPs to attend the sitting today was made by Speaker Datuk…

Govt revenue to fall 14pct in 2020 as tax collection slips

KUALA LUMPUR, Nov 6 (NNN-BERNAMA) — The Federal Government revenue is projected to decrease by 14 per cent to RM227.3 billion in 2020 from RM264.4 billion last year as a result of lower tax collection. Total revenue is expected to be severely affected following the decline in business, trade and tourism receipts as the worldwide…

Malaysian govt allocates RM322.5 bln for Budget 2021

KUALA LUMPUR, Nov 6 (NNN-BERNAMA) – The Malaysian government is allocating RM322.5 billion, or 20.6 per cent of the Gross Domestic Product (GDP), for Budget 2021. This is an increase from its total expenditure allocation for 2020, which has been revised upwards to RM314.7 billion from the initial budget estimate…

Budget 2021 likely to be worth RM330 bln – PwC

By Nurul Jannah Kamaruddin   KUALA LUMPUR, Nov 6 (NNN-BERNAMA) — The allocation for Budget 2021 is projected to be worth RM330 billion, 10 per cent higher than the RM297 billion Budget 2020. PwC Malaysia deals partner, economics and policy, Patrick Tay believes Budget 2021 will be designed to sustain fiscal stimulus…