Algeria, Malaysia Have Made Significant Progress In Bilateral Ties — Ambassador

KUALA LUMPUR, Nov 2 (NNN-Bernama) — Algeria and Malaysia have made significant progress in their bilateral ties in recent years and efforts are being made to boost cooperation and explore investments opportunities between the two countries, said Algeria’s ambassador to Malaysia, Saad Maandi. Maandi said potential exists in the areas of…

Malaysians Go To The Polls on Nov 19

PUTRAJAYA (Malaysia), Oct 20 (NNN-Bernama) — Malaysians will go to the polls on Nov 19 in the country’s 15th general election (GE15), which is set to witness more than 21 million people voting to elect a new government. Malaysian Election Commission on Thursday announced that candidate nominations will take place…

Ringgit Opens At New All-time Low Vs Us Dollar

KUALA LUMPUR, Oct 17 (NNN-Bernama) — The ringgit opened at a fresh all-time low against the US dollar on Monday as demand for the greenback strong due to its stature as a safe-haven currency, dealers said. At 9 am, the local note depreciated against the US dollar at 4.7105/7135 from last Friday’s closing of 4.7025/7065.…

Malaysia Can Outperform Many Larger Economies In 2023 — Juwai Iqi

KUALA LUMPUR, Oct 10 (NNN-Bernama) — Malaysian Budget 2023 will support the country in outperforming many larger economies next year, according to Asian real estate technology group Juwai IQI. Its co-founder and group chief executive officer Kashif Ansari said the country has positioned itself well for this environment, in which commodity prices…

Malaysian Pm Ismail Sabri Keeps Promise To Elevate ‘Bahasa Melayu’ To International Level

SEPANG (Malaysia), Sept 30 (NNN-Bernama) — Malaysian Prime Minister Ismail Sabri Yaakob promised he would use the country’s national language ‘Bahasa Melayu’ to uplift the language at the international level and, true to his word, he delivered Malaysia’s National Statement in the mother tongue at the recently concluded 77th Session of the United Nations General Assembly (UNGA)…

Malaysia’s Official Reserve Assets At US$108.24 Bln As At End-August

KUALA LUMPUR, Sept 30 (NNN-Bernama) — Malaysia’s official reserve assets amounted to US$108.24 billion (US$1=RM4.635) as at end-August 2022, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format. In an explanatory note released Friday, called “Detailed Disclosure of International Reserves as at end-August 2022”, Bank…

Saudi’s Vision 2030 Has Achieved Many Targets — Saudi Ambassador To Malaysia

KUALA LUMPUR, Sept 28 (NNN-Bernama) — Since the launching of Vision 2030 in 2016, the Saudi government has achieved many successes in the implementation of several basic reforms which in turn contributed to many other important achievements, said Saudi Arabia’s ambassador to Malaysia Dr Mahmoud Hussein Saeed Qattan.  These achievements included strengthening the status and role of…

World Bank Revises Upward Malaysia’s 2022 Gdp Growth Forecast To 6.4 Pct

KUALA LUMPUR, Sept 27 (NNN-Bernama) — The World Bank has revised upward its gross domestic product (GDP) growth forecast for Malaysia to 6.4 per cent in 2022 against 5.5 per cent projected earlier on the back of heightened economic activity in the first half of the year (1H22).  Apurva Sanghi, the bank’s lead…

Malaysia Proposes Un To Create An International Monetary Cooperation Mechanism

NEW YORK, Sept 23 (NNN-Bernama) — Malaysia has proposed for the United Nations (UN) member countries to establish an International Monetary Cooperation mechanism to address various economic issues, including the rising global inflation. Prime Minister Ismail Sabri Yaakob said such mechanism is necessary, considering that in an interconnected world, the policies and decisions made…

Malaysia Calls For Un Security Council’s Veto Power To Be Abolished

NEW YORK, Sept 23 (NNN-Bernama) — Malaysia has called for the veto power of the United Nations (UN) Security Council to be abolished in line with the principle of one country one vote. Prime Minister Ismail Sabri Yaakob said as an organisation that brings the spirit and symbol of democracy to…