Malaysian FM Congratulates China For Hosting 2022 Winter Olympics

KUALA LUMPUR, Feb 5 (NNN-Bernama) — Malaysian Foreign Minister Saifuddin Abdullah on Saturday congratulated China for hosting the 2022 Winter Olympics. In his speech at the Malaysia-China Chamber Of Commmerce (MCCC) Chinese New Year celebration, here, delivered via a pre-recorded video, he said the sporting event began Friday night with an extraordinary and beautiful opening ceremony. “I am sure…

Fernandes: Sustainable Approach Crucial For Aviation Industry To Recover

KUALA LUMPUR, Feb 5 (NNN-Bernama) – Capital A Bhd chief executive officer Tony Fernandes has called for a more sustainable approach to aid the region’s aviation industry to recover from the impact of pandemic-driven movement restrictions. He said that travel restrictions make sense in the early stages of an outbreak and, over the past…

COVID: 52.3 Pct Of Malaysia’s Adult Population Given Booster Dose

KUALA LUMPUR, Feb 5 (NNN-Bernama) — A total of 12,248,506 adults or 52.3 per cent of the group in the country have received the COVID-19 booster dose as of Friday. Overall, according to the COVIDNOW portal, a total 22,928,468 individuals or 97.9 per cent of the adult population have completed…

Over 150 Indian Companies Invest US$3 Billion In Malaysia

KUALA LUMPUR, Jan 29 (NNN-Bernama) — Over 150 Indian companies have invested US$3 billion in Malaysia and contributed to the creation of over 20,000 jobs in the country. India’s High Commissioner to Malaysia B.N. Reddy said on the other hand, there was a good presence of Malaysian companies in India…

Malaysia Signs MoU With Saudi Arabia’s Savola Group To Enhance Palm Oil Exports

PUTRAJAYA (Malaysia), Jan 29 (NNN-Bernama) — Malaysia will sign a memorandum of understanding (MoU) with Saudi Arabia’s Savola Group on three areas of cooperation to further enhance Malaysia’s palm oil exports in the region, the Ministry of Plantation Industries and Commodities (MPIC) said. In a statement Saturday, the ministry said…

COVID: 50 Pct Of Malaysia’s Adult Population Received Booster Dose

KUALA LUMPUR, Jan 29 (NNN-Bernama) — A total of 11,710,970 individuals or 50 per cent of the adult population in Malaysia have received their COVID-19 booster dose as of Friday. According to the Health Ministry’s COVIDNOW portal, a total of 22,923,144 individuals or 97.9 per cent of adults in the…

Malaysian Ringgit Expected To Trade In Tight Range With Downside Bias Against Greenback Next Week

By Sharifah Pirdaus Syed Ali KUALA LUMPUR, Jan 29 (NNN-Bernama) — The Malaysian ringgit is expected to trade in a tight range with downside bias between 4.19 and 4.20 against the US dollar next week. The ringgit will largely be US dollar driven in the holiday-shortened week as Malaysian markets…

Singapore High Commissioner Hopes To See Malaysia-Singapore VTL Quota Increased Soon

By Rosmalis Anuar KUALA LUMPUR, Jan 28 (Bernama) — Singapore’s High Commissioner to Malaysia Vanu Gopala Menon is hopeful that the vaccinated travel lane (VTL) quota between Malaysia and Singapore can be increased in the months to come. He told Bernama that discussions have been going on pertaining to the…

Malaysia’s External Trade Surpasses US$477 Billion In 2021

KUALA LUMPUR, Jan 28 (NNN-Bernama) — Malaysia’s external trade registered another historic performance in 2021, surpassing RM2 trillion (US$477.2 billion) for the first time, as well as recording the fastest growth since 1994. Senior Minister cum International Trade and Industry Minister Mohamed Azmin Ali said Malaysia’s exports hit RM1.24 trillion…

Malaysia Emerges As Most Attractive Country In Southeast Asia For Foreign Investment

KUALA LUMPUR, Jan 28 (NNN-Bernama) — Malaysia has become the most attractive country in Southeast Asia for foreign investors, driven by the success of attracting more than RM220 billion (US$52.5 billion) approved investments in 2021 for the manufacturing and services sectors, according to the 2022 Milken Institute Global Opportunity Index (GIO). Senior Minister cum International Trade…