Malaysia among world’s top offshore manufacturing hubs for medical devices

GEORGE TOWN (Malaysia), Dec 1 (NNN-Bernama) — Malaysia is now one of the world’s top offshore manufacturing hubs for medical devices, with over 290 manufacturing companies operating in the nation’s thriving medical device industry. The Association of Malaysian Medical Industries (AMMI) chairman Andy Lee Kuan Min said that ten out of…

Malaysian PM receives congratulatory call from Sri Lankan President

By Shakir Husain NEW DELHI, Dec 1 (NNN-Bernama) — Anwar Ibrahim received a congratulatory call from Sri Lanka’s President Ranil Wickremesinghe on Thursday on his appointment as Malaysia’s Prime Minister. Wickremesinghe congratulated Anwar on his appointment as prime minister and “expressed his desire to further strengthen economic ties between Sri…

Malaysian King receives credentials of 12 foreign envoys

KUALA LUMPUR, Dec 1 (NNN-Bernama) — Malaysian King Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah on Thursday received credentials of 12 foreign envoys to Malaysia at Istana Negara (national palace) here. Also present at the ceremony was Queen Tunku Hajah Azizah Aminah Maimunah Iskandariah. The 12 foreign envoys are Jose Luis Pardo…

Malaysia’s manufacturing PMI eases to 47.9 in November 2022 — S&P Global

KUALA LUMPUR, Dec 1 (NNN-Bernama) — Malaysia’s manufacturing purchasing managers’ index (PMI) slipped to 47.9 in November 2022 from 48.7 in October, showing a more marked slowdown in business conditions, S&P Global said. S&P Global Market Intelligence economist Laura Denman said there was a solid slowdown in production levels amid the fastest scaling back in…

Malaysian Ringgit extends gains against US dollar at market open

By Anas Abu Hassan KUALA LUMPUR, Dec 1 (NNN-Bernama) — The Malaysian ringgit opened higher against the US dollar today after the greenback retreated following the United States (US) central bank’s less hawkish tone on interest rate hikes, an analyst said. At 9 am, the local note rose to 4.4040/4150…

Bursa Malaysia opens higher following upbeat Wall Street performance

By Nurunnasihah Ahmad Rashid KUALA LUMPUR, Dec 1 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, opened higher on the first day of December, tracking Wall Street’s upbeat performance overnight, as traders celebrated the US Federal Reserve’s statement that it would be less aggressive with rate hikes going forward.…

Global air cargo demand, capacity fall in october 2022 — IATA

KUALA LUMPUR, Dec 1 (NNN-Bernama) — Global air cargo demand fell 13.6 per cent year-on-year (y-o-y) to 21.1 billion cargo tonne-kilometres (CTKs) in October 2022 as headwinds persisted. The International Air Transport Association (IATA) said capacity contracted 0.6 per cent compared to a year earlier, marking the first y-o-y contraction…

Badminton great Lee Chong Wei makes his Madame Tussauds debut in Singapore

By Massita Ahmad SINGAPORE, Oct 13 (NNN-Bernama) — Madame Tussauds Singapore has unveiled the wax figure of former world no.1 badminton player Lee Chong Wei on Thursday. “We are proud to be chosen as the first Madame Tussauds to display Lee, one of this region’s best ever, right here in…

Pedra Branca: Malaysian gov’t agrees to proceed with legal action at ICJ

KUALA LUMPUR, Oct 13 (NNN-Bernama) — The Cabinet has agreed for Malaysia to proceed with legal action at the International Court of Justice (ICJ) on the dispute involving sovereignty over Pedra Branca, Middle Rocks and South Ledge, Prime Minister Ismail Sabri Yaakob said. He said the matter was agreed upon after hearing the…

Thailand abstained UN vote on Russia due to unfavourable circumstances

BANGKOK, Oct 13 (NNN-Bernama) — Thailand had abstained in a United Nations (UN) vote on Russia’s “attempted illegal annexation” of four partially occupied regions in Ukraine because the vote took place during “extremely volatile, and emotionally charged atmosphere and situation”. Ambassador and Permanent Representative of Thailand to the United Nations Dr. Suriya Chindawongse said Thailand chose…