Malaysia on track towards continued progress – PM Anwar

KUALA LUMPUR, Dec 5 (NNN-Bernama) — Malaysia is on track towards continued progress, thanks to the political stability and peace brought about within the first year of the Unity Government’s administration of the country, Prime Minister Anwar Ibrahim said. He said the Unity Government was a team that prioritised political…

Malaysia considering RFI for coal carbon reduction, to look at Vietnam’s JETP deal

KUALA LUMPUR, Dec 3 (NNN-Bernama) — Malaysia is actively considering the request for information (RFI) mechanisms for coal carbon reduction and possible early coal phase-out, showcasing a forward-looking approach to climate mitigation action and environmental sustainability. Minister of Natural Resources, Environment, and Climate Change, Nik Nazmi Nik Ahmad, who participated…

COP28: Malaysia calls for transparency in Loss and Damage Fund governance

From Anas Abu Hassan DUBAI, Dec 3 (NNN-Bernama) — Malaysia calls for transparency in the governance and mobilisation of the Loss and Damage Fund which was established during the 28th Conference of Parties (COP28) of the United Nations Framework Convention on Climate Change (UNFCCC), here. Minister of Natural Resources, Environment…

PM Anwar’s diplomatic triumphs, commitment to restore Malaysia’s global reputation

By V.Sankara KUALA LUMPUR, Dec 3 (NNN-Bernama) — Anwar Ibrahim in his first year as Malaysia’s 10th Prime Minister has showcased an impressive pace in diplomatic engagement, reflecting his commitment to restoring Malaysia’s reputation for international advocacy and engaging in proactive regional diplomacy. Since assuming office on Nov 24, 2022,…

Malaysia, Monaco unlocking opportunities through royal diplomacy

By Nabilah Saleh  KUALA LUMPUR, Dec 3 (NNN-Bernama) — Malaysia’s bilateral relations with Monaco is set to see new highs with the establishment of Monaco’s first Honorary Consulate Office in Kuala Lumpur. The move further strengthens the foundations for a new partnership, opening doors to a multitude of possibilities and…

Malaysia a launching pad into ASEAN for Nara food, beverages

By Christine Lim KUALA LUMPUR, Dec 3 (NNN-Bernama) — Japan External Trade Organisation (Jetro) Nara sees Malaysia as a big market for Nara food products in the ASEAN region due to its large, diverse and multicultural market. Jetro Nara chief director Mikiko Kigawa said it will make its first foray…

Monaco, Malaysia could explore using palm oil biofuel in yachting industry

KUALA LUMPUR, Dec 3 (NNN-Bernama) — Monaco and Malaysia should explore opportunities using palm oil biofuel in the leisure marine industry, said chief executive officer of the Prince Albert II of Monaco Foundation Olivier Wenden. This would be in line with the global environmental, sustainability and governance direction to reduce and replace fossil fuel…

Conflict in Gaza: Malaysia could weigh in to activate Genocide Convention’s Article 9

By Nabilah Saleh KUALA LUMPUR, Dec 2 (NNN-Bernama) — Malaysia could weigh in to activate Article 9 of the Genocide Convention as a potential avenue to pursue a definitive resolution to the protracted conflict in Gaza. A Board Member at Law for Palestine (L4P), Hassan Ben Imran said that Malaysia’s…

Bursa Malaysia likely to be higher next week with window-dressing activities

By Rosemarie Khoo Mohd Sani KUALA LUMPUR, Dec 2 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, is anticipated to experience some portfolio realignments and window dressing activities, hence the benchmark index is likely to trend higher next week as the market enters the month of December, said an…

US economic data to set direction for Malaysian ringgit next week

By Harizah Hanim Mohamed KUALA LUMPUR, Dec 2 (NNN-Bernama) — The foreign exchange market is predicted to remain cautious next week, with all eyes on major data points such as the US Nonfarm Payroll (NFP) and Unemployment Rate, which will be critical for ringgit-US dollar performance. Bank Muamalat Malaysia chief…