Pakistan’s former military ruler Pervez Musharraf in serious condition

By Shakir Husain NEW DELHI, June 11 (Bernama) — Former Pakistan military ruler Pervez Musharraf, aged 78, is battling for his life in a hospital. He has been hospitalised for the last three weeks due to a complication of his ailment, identified as amyloidosis, the former president’s family said on…

Malaysian ringgit likely to trade in cautious mode against US dollar next week

By Siti Radziah Hamzah KUALA LUMPUR, June 11 (Bernama) — The ringgit is expected to trade in cautious mode against the US dollar next week, said an analyst. He said the United States Federal Open Market Committee (FOMC) is expected to deliver another half-a-point rate hike to cool soaring inflation…

2,700 Malaysian haj pilgrims arrive in Saudi Arabia safely via 10 flights

MAKKAH, June 10 (Bernama) — A total of 2,700 Malaysian haj pilgrims have arrived in Madinah, Saudi Arabia via 10 flights, since June 4. Head of the Malaysian Haj Delegation, Syed Saleh Syed Abdul Rahman, said that all of them had started moving to Makkah in stages, under the management…

Muslims must unite over insults against Prophet Muhammad — Malaysian minister

KOTA BHARU (Kelantan, Malaysia), June 11 (NNN-Bernama) — The Malaysian government has urged Muslims in the country to unite against two politicians from India who insulted Prophet Muhammad. Deputy Minister in the Prime Minister’s Department (Religious Affairs) Ahmad Marzuk Shaary said the insults were considered an act of extremism and unacceptable. He…

Youth, academia play critical roles in combating radicalisation — US ambassador

KUALA LUMPUR, June 3 (NNN-Bernama) — The youth and academia play significant roles in prevention efforts to combat radicalisation and violent extremism, said the United States Ambassador to Malaysia, Brian McFeeters. He said the whole-of-society approach, which involves both groups and other related and important stakeholders, is vital in tackling the global…

COVID-19 accelerates Southeast Asia’s transition towards a cashless society — study

By Linda Khoo Hui Li BANGKOK, June 3 (NNN-Bernama) — The COVID-19 pandemic has accelerated Southeast Asia’s transition towards a cashless society, while eCommerce continues to grow as consumers explore new shopping channels during the pandemic, according to the latest Visa Consumer Payment Attitudes Study. The report also stated 93…

Malaysian ringgit to strengthen against US dollar by year-end, says economist

KUALA LUMPUR, June 3 (Bernama) — The Malaysian ringgit is expected to strengthen to the RM4.25 level against the US dollar by the end of the year amid Malaysia’s strong economic fundamentals. AmBank Group chief economist and Economic Action Council secretary Dr Anthony Dass said economic data is indicating that…

Afghanistan says India will help in boosting exports

By Shakir Husain NEW DELHI, June 3 (NNN-Bernama) — Afghanistan’s interim government said on Thursday India will provide it with more facilities to increase exports as an Indian delegation held talks with acting Foreign Minister Amir Khan Muttaqi in Kabul. India has “recently opened up its borders and ports for…

Malaysia’s exports, imports unit value indices record growth in April 2022

KUALA LUMPUR, June 3 (NNN-Bernama) — Malaysia’s export prices in April 2022 remained steady with an increase of 1.1 per cent to 143.0 points from 141.5 points in March 2022, said the Department of Statistics Malaysia (DoSM).  Meanwhile, the import unit value index also registered an increase of 2.4 per cent to 129.0 points,…

Malaysian ringgit regains strength against US dollar at opening

By Rosemarie Khoo Mohd Sani KUALA LUMPUR, June 3 (NNN-Bernama) — The Malaysian ringgit regained some strength to open higher against the US dollar as the greenback’s demand weakened amid expectations of an aggressive monetary policy stance by the US Federal Reserve (Fed) in the third week this month. At…