Indonesia wooing investors to invest in unexplored basins

KUALA LUMPUR, Sept (NNN-Bernama) — Indonesia is currently enticing potential investors to tap into the country’s unexplored basins in its race to produce one million barrels of oil per day and 12 billion standard cubic feet per day of gas by 2030. Indonesia’s Minister of Energy and Mineral Resources, Arifin Tasrif…

Malaysia in good position to achieve RM70 bln target for digital investments by 2025

GEORGE TOWN (Malaysia), 13 Sept (NNN-Bernama) — Malaysia is in a good position to achieve the RM70 billion (US$15.5 billion) digital investment target by 2025, in line with the country’s digital economy blueprint. Prime Minister  Ismail Sabri Yaakob said Malaysia plays an important role as a digital investment hub in ASEAN.  “With…

Sri Lanka situation remains fragile, says top UN human rights official

By Shakir Husain NEW DELHI, Sept 13 (NNN-Bernama) — A top United Nations human rights official has described Sri Lanka’s current situation as “fragile” and urged the government to promote national reconciliation as the country tries to overcome its worst financial crisis. U.N. Acting High Commissioner for Human Rights Nada…

Japanese companies aim to make greater inroad in Malaysia’s halal market

By Christine Lim KUALA LUMPUR, Sept 11 (NNN-Bernama) — Japanese companies are targeting to make further inroads in Malaysia’s halal market to expand the market for Japanese food products and explore opportunities in the production of Japanese food and ingredients. Japan External Trade Organisation (Jetro) Kuala Lumpur project coordinator Lim…

Imran Khan plans street protests to press for new Pakistan elections

NEW DELHI, Sept 11 (NNN-Bernama) — Pakistan’s former prime minister Imran Khan on Saturday night warned of nationwide street protests in the coming days if the government doesn’t agree to hold new general elections. Imran said his opponents are “running away” from the elections as they are afraid of losing.…

Malaysia proposes sharing sports expertise among OIC members

KUALA LUMPUR, Sept 11 (NNN-Bernama) — Malaysia has called on the Organisation of Islamic Cooperation (OIC) countries that have expertise in the field of sports to share their experiences and skills in an effort to improve the quality of sports among its members. Youth and Sports Minister Ahmad Faizal Azumu…

EIB strengthens engagement in Southeast Asia and Pacific Region

JAKARTA, Sept 10 (NNN-Bernama) — European Investment Bank (EIB) has opened its Southeast Asia and the Pacific regional representation office here to speed up financial support for high-impact investment. According to the bank, it will prioritise financing for Southeast Asia’s €2.6 billion worth of projects in the pipeline such as climate…

Malaysia’s economy to record stronger growth in Q3

KUALA SELANGOR (Malaysia), Sept 10 (NNN-Bernama) — Malaysian government is optimistic that the economy in the third quarter (Q3) of this year will show stronger growth based on current positive economic indicators. Finance Minister Tengku Zafrul Abdul Aziz said economic growth was in line with the unemployment rate which was recorded…

Malaysian businessmen told to take advantage of India’s ‘Make in India’ initiative

KUALA LUMPUR, Sept 10 (NNN-Bernama) — Malaysian businessmen have been urged to capitalise on the investment opportunities laid out in India’s ‘Make in India’ initiative namely in food processing, renewable energy, automotive components and semiconductor sector, says founder chairman of Consortium of Indian Industries in Malaysia (CIIM) Umang Sharma.  He said Malaysia being one of…

UN chief raises climate change alarm after Pakistan visit

NEW DELHI, Sept 10 (NNN-Bernama) — United Nations Secretary-General António Guterres has raised the alarm over climate change after visiting flood-ravaged Pakistan. “Pakistan and other developing countries are paying a horrific price for the intransigence of big emitters that continue to bet on fossil fuels,” he tweeted on Saturday. “From Islamabad,…