Moody’s Analytics revises downward global GDP forecasts for 2022, 2023

KUALA LUMPUR, Sept 26 (NNN-Bernama) — Moody’s Analytics has revised its global real gross domestic product (GDP) forecast for 2022 and 2023 downward to 2.7 per cent and 2.3 per cent, respectively. This is from forecasts of 4.2 per cent for 2022 and 3.6 per cent for 2023 in January. “While the…

Pakistan finance minister resigns after meeting with party chief in Britain

By Shakir Husain NEW DELHI, Sept 26 (NNN-Bernama) — Pakistan’s Finance Minister Miftah Ismail is resigning as the five-month-old government of Prime Minister Shehbaz Sharif continues to battle serious economic challenges. “I have verbally resigned as finance minister. I will tender a formal resignation upon reaching Pakistan,” Miftah said in…

Malaysia to continue fighting for important issues on global stage

From D. Arul Rajoo NEW YORK, Sept 26 (NNN-Bernama) — Malaysia will continue to fight for important issues at international forums, especially concerning the fate of the Palestinian people, the situation in Myanmar, the economies of developing countries and the reform of the United Nations (UN). Prime Minister Ismail Sabri…

King’s Cup eludes Malaysia after shootout loss to Tajikistan

KUALA LUMPUR, Sept 25 (NNN-Bernama) — Malaysia’s hopes of ending a 44-year wait for glory in the Thailand King’s Cup ended in tatters after losing 3-0 in a penalty shootout to Tajikistan in the final at the 700th Anniversary of Chiang Mai Stadium in Chiang Mai Sunday night. With the score…

Alibaba.com’s online halal pavilion enables Malaysian SMEs tap into global market

KUALA LUMPUR, Sept 26 (NNN-Bernama) — Malaysian small and medium-sized enterprises (SMEs) are now able to strengthen their foothold in the international halal market following the launch of a dedicated online Halal Pavilion on the Alibaba.com business-to-business (B2B) platform. Launched in conjunction with the 18th Malaysia International Halal Showcase (MIHAS),…

Malaysia chambers Jakarta aims to become effective business, social platform for members post-pandemic

By Mohd Iswandi Kasan Anuar JAKARTA, Sept 26 (NNN-Bernama) — Malaysia Chambers Jakarta (MCJ) is committed to being an effective platform for its members in business as well as social spheres in the post-COVID-19 era. Its president, Raja Elona Safinaz Raja Safian, said MCJ will utilise the social media in…

Malaysian student detained in Egypt released

PUTRAJAYA (Malaysia), Sept 26 (NNN-Bernama) — A Malaysian student at Al-Azhar University who was previously detained by the Egyptian authorities was released on the evening of Sept 24. Foreign Minister Saifuddin Abdullah in a statement Sunday night said the student is in good condition and will continue his studies at the…

Pakistan seeks debt relief from rich countries

NEW DELHI, Sept 23 (NNN-Bernama) — Pakistan’s Prime Minister Shehbaz Sharif said on Friday rich countries should provide debt relief to his flood-hit nation. Climate change along with poor infrastructure are among the causes blamed for the large-scale destruction caused by the flooding following heavy monsoon rains in Pakistan. “Given…

ASEAN foreign ministers to convene meeting in Jakarta next month

JAKARTA, Sept 23 (NNN-Bernama) — ASEAN foreign ministers will convene here next month for the preparatory meeting in the run-up to the November group summit in Cambodia, Indonesia’s Foreign Affairs Ministry said. In a statement, it said the ministers agreed on the upcoming gathering during their informal meeting in New York…

Malaysian police confirm security escort provided for Thaksin, Yingluck due to security concerns

GEORGE TOWN (Malaysia), Sept 23 (NNN-Bernama) — The Malaysian police have confirmed that Thailand’s former prime minister Thaksin Shinawatra and his sister, Yingluck Shinawatra, are in the state of Penang and they had assigned police personnel to escort them due to security concerns. Penang police chief Mohd Shuhaily Mohd Zain…