Three ASEAN states witnessed 29 disasters last week – AHA Centre

JAKARTA, Jan 9 (NNN-Bernama) — Indonesia, Malaysia and the Philippines experienced 29 disasters, including floods, landslides, wind-related incidents, and volcanic activities during the first week of 2024, the ASEAN Coordinating Centre for Humanitarian Assistance on Disaster Management (AHA Centre) said. Indonesia’s disaster management agency, BNPB reported that floods, landslides and…

2023 Asian Cup: 2-2 Draw with Syria, a positive start for Malaysia

KUALA LUMPUR, Jan 9 (NNN-Bernama) — Malaysian national football team coach Kim Pan Gon described his team, Harimau Malaya success in extracting a 2-2 draw from the world’s top 100 team, Syria, in a friendly match as a positive start before heading into the 2023 Asian Cup campaign. Pan Gon said he was very…

Malaysia welcomes Madrid Criminal Court’s decision on Stampa

KUALA LUMPUR, Jan 9 (NNN-Bernama) — Malaysia welcomes the Madrid Criminal Court’s decision on rogue arbitrator Dr Gonzalo Stampa who was found guilty contempt of court and was sentenced to six months in prison as a significant victory for the rule of law. Minister in the Prime Minister’s Department (Law and Institutional Reform) Azalina Othman…

Malaysian former PM Najib wants ‘Man on the Run’ to be removed from Netflix

KUALA LUMPUR, Jan 8 (NNN-Bernama) — Malaysian former prime minister Najib Razak has requested the prosecution in his 1Malaysia Development Berhad (1MDB) trial to take action against the Man on the Run documentary shown on Netflix streaming service on grounds that it is extremely subjudice and contemptuous to his ongoing case. Najib’s defence counsel Muhammad…

Salaries in Malaysian companies likely to see 5.0 pct rise in 2024 – WTW

KUALA LUMPUR, Jan 8 (NNN-Bernama) — Companies in Malaysia continue to project an overall salary rise of 5.0 per cent in 2024 for executives, management and professional employees, and support staff, according to a survey. The survey on compensations, done by global advisory, broking and solutions company WTW, noted that although…

Bursa Malaysia opens higher, tracking Wall Street

By Durratul Ain Ahmad Fuad KUALA LUMPUR, Jan 8 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, opened higher on Monday morning, tracking the rally on Wall Street due to bargain hunting after the recent sell-offs. At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 3.35 points…

Malaysian ringgit snaps four-day losing streak as selling abates

By Nurul Jannah Kamaruddin  KUALA LUMPUR, Jan 8 (NNN-Bernama) — The Malaysian ringgit reversed its downward trend to open on a positive note on Monday as the US dollar moved flat after the latest United States (US) hiring data repudiated concerns of a recession. At 9.01 am, the ringgit rose…

Malaysia’s aviation industry to see robust growth in 2024 – Transport Minister

SEPANG (Malaysia), Jan 5 (NNN-Bernama) — Malaysia’s aviation industry is expected to see stronger growth this year, supported by the government’s ongoing initiatives to boost the sector, said Transport Minister Anthony Loke. He cited the increase in both domestic and international travel, attributed to the government’s strategic steps particularly the…

Malaysia’s construction industry margins to improve in 2024

KUALA LUMPUR, Jan 5 (NNN-Bernama) — The margins of Malaysia’s construction industry are expected to improve in 2024 as older contracts with low margins tail off and new contracts with more normalised margins start to contribute, said Kenanga Research. In a note Friday, it said the industry is poised for…

Bursa Malaysia opens mixed

KUALA LUMPUR, Jan 5 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, opened on a mixed note Friday and will likely track regional market movements and Wall Street’s overnight mixed performance. At 9.08 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was up marginally by 0.62 points to 1,477.88…