Malaysia-Indonesia To Undertake Pilot Project To Recruit 10,000 Indonesian Domestic Helpers

JAKARTA, Jan 24 (NNN-Bernama) — Malaysia and Indonesia have agreed to implement a pilot project on the recruitment of 10,000 domestic helpers from the neighbouring country as early as next month, said Malaysian Human Resource Minister M. Saravanan. The pilot project is expected to start a week after the memorandum…

Malaysia To Continue Redoubling Efforts To Provide Conducive Economic Climate

KUALA LUMPUR, Jan 20 (NNN-Bernama) — Malaysia will continue to redouble efforts to provide a conducive economic climate and business ecosystem, said Minister of International Trade and Industry (MITI) Mohamed Azmin Ali. Citing an example, the senior minister said the memorandum of understanding (MOU) inked between the Malaysian Investment Development Authority…

RCEP A Key Enabler To Revitalise Malaysia Business Activities Post-Pandemic

KUALA LUMPUR, Jan 21 (NNN-Bernama) — The Regional Comprehensive Economic Partnership (RCEP) agreement will be a key enabler for Malaysia in revitalising the domestic and international business activities in a post-pandemic world. The International Trade and Industry Ministry (MITI) said the pandemic has underscored the paramount importance of international trade and cooperation,…

Joint Business Council Proposed To Explore Trade And Investment Opportunities With India

KUALA LUMPUR, Jan 19 (NNN-Bernama) — The ASEAN India Business Council (AIBC) is willing to work with business organisations in Malaysia to form a joint business council (JBC) that could provide a unified platform to explore trade and investment opportunities with India, said AIBC co-chairman Ramesh Kodammal. Though there is…

Singapore: Decision To Exclude Myanmar Junta From Asean Meetings Should Be Maintained

SINGAPORE, Jan 17 (NNN-Bernama) — ASEAN should maintain its decision reached at the 38th and 39th ASEAN Summits of inviting a non-political representative from Myanmar to ASEAN meetings until there was significant progress in implementing the Five-Point Consensus. This view was expressed by Singapore’s Prime Minister Lee Hsien Loong to…

Asean Currencies, Including Ringgit, Expected To Perform Well This Year – Credit Suisse

KUALA LUMPUR, Jan 7 (NNN-Bernama) — ASEAN currencies, including the ringgit, are expected to perform well this year after a downward trend against the US dollar last year, says a leading global wealth manager with strong investment banking capabilities. “Although stronger growth could pressure import bills, current accounts should remain strong…

Malaysia’s Economic Activities To Strengthen, Says A Research Note

KUALA LUMPUR, Jan 4 (NNN-Bernama) — Malaysia’s economic activities are poised to strengthen further this year, fostered by the recovery in private consumption and robust external trade, says a research note. MIDF Research in its research note Tuesday, noted that the IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) — a composite single-figure…

Malaysia’s Relations With China And US Remain Positive

KUALA LUMPUR, Dec 14 (NNN-Bernama) — Malaysia’s relations with China and the United States (US) have continued to show positive developments in the economic, defence, manufacturing and cyber security fields, said Malaysian Deputy Foreign Minister Kamarudin Jaffar . He said Malaysia had always taken the initiative to maintain good relations with China…

2022 Budget Inclusive, High Impact And Crucial To The Malaysian Family — Foreign Minister

KUALA LUMPUR, Oct 30 (NNN-Bernama) — The Malaysian Foreign ministry has described the tabling of National Budget 2022 as inclusive, high impact and crucial to the Malaysian Family in meeting the unprecedented challenging situation faced by the country due to the COVID-19 pandemic worldwide. Its minister Saifuddin Abdullah, in welcoming…

Asean Concludes Summits With Members Resolute In Emerging Stronger From Pandemic 

KUALA LUMPUR, Oct 28 (NNN-Bernama) — The 38th and 39th ASEAN Summits and Related Summits ended on Thursday with member states determined to emerge stronger from the COVID-19 pandemic. Held virtually under the chairmanship of Brunei Darussalam since Tuesday, the series of meetings saw ASEAN leaders using the platform to express their concern over issues related to…